Features

Public-Private Partnerships: A creative tool to rescue nation’s failing infrastructure

With tight budget times Kentucky localities will need to be smart, creative, open minded and innovative to ensure infrastructure projects move forward. One way to accomplish this is usage of Kentucky’s new public-private partnership (P3) law.

Economic Development Sec. Gill Weighs in on P3

Leaders in the Bevin Administration continue to promote the idea of using public-private partnerships to advance some public projects in Kentucky. The latest to speak up was Cabinet for Economic Development Secretary Terry Gill.

Three Ways Kentucky Has Used P3s

In recent weeks, we’ve heard a lot about Kentucky’s growing infrastructure needs and the apparent lack of short-term funding to meet those needs – both at the state and local levels.

Trump Administration Looks to Boost Private Activity Bonds

President Trump’s proposed budget, released last month, includes an expansion of the Transportation Department’s private activity bond program (“PAB”) which should help projects using public-private partnerships.

Trump Visit Highlights Importance of Infrastructure

President Trump plans to visit Kentucky this week to discuss infrastructure, and there’s no better place to highlight all the elements of the nation’s aging infrastructure than right here in the Bluegrass State. Historically, Kentucky has focused much of its economic development strategy around its location and leveraging the state’s roads, rivers and runways, not to mention low-cost electricity, to attract and retain businesses.

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