Monday, March 19, 2012

Shifting the horizon

Critics of today’s announcement on how we are going to find the money to build & repair our roads are still focused on the old Thatcherite bogey model of privatisation.

There is nothing radically new in looking to foreigners to finance your road building programme. I was involved in such projects over forty years ago.

Only then the investors were called Aid Donors & the recipient was classed as a Less Developed Country.

And the investor did not own the road.