VACostCutting

Tuesday, February 21, 2006

Add Another State Looking To PPPs for Transportation

The North Carolina Turnpike Authority has released the Triangle Parkway Feasibility Study, the preliminary results of a financial feasibility study into the Triangle Parkway, a potential toll road and PPP candidate.

Estimates are that one out of every two cars would opt to pay a toll to drive on a less congested road. The study indicated traffic would nearly triple in two decades to between 53,000 and 59,000 cars daily choosing to take the toll road instead of a free alternate route -- up from an initial 16,000.

While North Carolina may choose to build the road themselves, there is already discussion that officials will follow global trends and seek private investment and/or operation to get the road up and running more quickly and without public invesment. Imagine that, opening up to the private sector and getting congestion relief at no taxpayer expense. What a novel idea.

3 Comments:

  • Hopefully, Virginia can see the light!

    By Blogger Lucy Jones, at 2/21/2006 10:26 PM  

  • This web site needs to change its name to Transportation issues great and small and very small. Bottom line is the House is going to cave again to a tax increase whether they like it or not. Why? because there will be a govt. shutdown if the Governor doesn't get his way. And the Republicans in the House will get blamed for it. Then who will stand tall against the Governor and government services? No one. There are very few statesmen left in the General Assembly. Taxpayers get ready to grab your ankles.

    By Anonymous Anonymous, at 2/21/2006 11:16 PM  

  • The most pressing issue in the Commonwealth is transportation and we are just discussing ways to deliver transportation at a lower cost to the taxpayer.

    There are other blogs for the political discussion. It might help that if you want comment on your post, you should identify yourself.

    By Anonymous Chris Saxman, at 2/22/2006 9:59 AM  

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