• There are serious limits on relying solely on traditional public-sector financing, even for toll roads - public authorities will need new tools and broader sources of capital.
• A relatively small number of projects (located primarily in congested urban areas) are 100% toll-viable; toll roads and PPPs will not take over the state.
• Private capital investment can take many forms - one size does not fit all. But, all models under consideration retain public ownership and policy control.