President Barak Obama today announced the Build America Investment Initiative (the Initiative). According to the Fact Sheet released by the White House in advance of the announcement, the purpose of the Initiative is to increase infrastructure investment and economic growth by engaging with state and local governments and private sector investors to encourage collaboration, expand the market for public-private partnerships (PPPs) and put federal credit programs to greater use.
The transportation industry will be the first to benefit from the Initiative.
The Fact Sheet lays ...
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