Government's foreign funding summit fell short on promises
Last week, the Government held a summit to attract international investors for infrastructure projects. During this event, they emphasized the importance of public-private partnerships (PPPs) for boosting the economy. Authorities are also looking to fund road projects through tolls. The main reason for using PPPs is simple. If private companies pay for these infrastructure projects, the Government can avoid spending its own money right now. This allows the Government to appear fiscally responsible while promoting economic growth. However, there are concerns about the cost to the public. The idea of paying high tolls, like $20 or more, for short trips raises questions. For instance, would drivers be willing to pay such fees for a drive to the Brynderwyn Hills?