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August 2006

Halcrow to arrange a fact finding tour for USDOT officials

Transportation Innovative Finance Act (TIFIA) program staff have asked Halcrow to arrange a fact finding tour for USDOT officials. It will take place later in 2006.

The tour is aimed at:

fostering links with European highway agencies
understanding the critical issues when entering into public private contracts
meeting European-based private toll road developers, operators and financiers
emphasising the opportunities in the United States for new private highway investment

This tour is on the back of the successful 17-day tour of UK, France, Spain and Italy in 2003.

Halcrow organized the tour to promote a multi billion dollar US concession project to the European private sector.  Halcrow arranged for State DOT officials to meet with leading European financial institutions, lawyers, rating agencies and concession companies and helped secure their experience and recommendations on major PPP/PFI infrastructure projects.

As a direct result of the tour, the concession procurement has attracted interest from major European investors. 

 

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