The capabilities to develop and implement PPP projects exist in both the United States and in numerous other countries to varying degrees, depending on the type of PPP approach being considered. Many nations overseas have been developing, refining, and applying these approaches for almost two decades due to an acute lack of public funding to meeting the expanding economic and population growth of these nations, and greater demand for personal mobility and commercial accessibility. This is demonstrated by the larger budgets of road-related projects overseas ($282 billion) versus the U.S. ($42 billion) over the past 20 years.22
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22 AECOM Consult, Inc. "Synthesis of Public-Private Partnership Projects for Roads, Bridges & Tunnels from Around the World - 1985-2004", prepared at the request of the Federal Highway Administration, August 30, 2005.