US, Australia to collaborate on infrastructure investment

Visiting Melbourne and Sydney, Australia, to promote private sector investment in US infrastructure US Transportation Secretary Anthony Foxx has signed a new agreement with Australian Minister of Transport and Infrastructure Darren Chester that will strengthen collaboration on infrastructure investment strategies between the two countries. It will also advance collaboration on public-private partnerships, intelligent transportation systems and unmanned aircraft systems. One of the key areas of coope
August 5, 2016 Read time: 2 mins
Visiting Melbourne and Sydney, Australia, to promote private sector investment in US infrastructure US Transportation Secretary Anthony Foxx has signed a new agreement with  Australian Minister of Transport and Infrastructure Darren Chester that will strengthen collaboration on infrastructure investment strategies between the two countries.

It will also advance collaboration on public-private partnerships, intelligent transportation systems and unmanned aircraft systems.

One of the key areas of cooperation identified in the new agreement is the development of public-private partnerships (P3s) to advance critical infrastructure projects. Australia is a recognized leader in employing P3s to support a wide array of infrastructure projects, allowing smaller government investments to leverage much larger amounts of private capital to support the construction of roads, bridges, transit systems and more.

This week, Foxx is meeting with Australian transportation officials at the federal and state levels, as well as key private sector leaders, to learn more about Australia's experience with P3s and to identify strategies that could foster the growth of successful P3s in the US.
Urban Traffic Control

Related Content

  • Canadian government invests in ITS at the Port of Halifax
    April 24, 2013
    As part of its ITS Strategic Plan for Canada, En Route to Intelligent Mobility, the Government of Canada has announced federal funding for new technology development at the Port of Halifax, including an integrated port logistics system and the bridge air gap system. With larger ships accessing the port, there is a need to continuously monitor vessel clearances under each of the harbour bridges. The upgrading and enhancing of the bridge air gap system will enable the port to identify exactly the ship clearan
    Read More
  • Kapsch TrafficCom partners ITS Australia
    October 25, 2012
    In an Australian industry first, Kapsch TrafficCom Australia joins ITS Australia as a partner to promote the benefits of intelligent transport systems. The partnership agreement was signed at the Kapsch dinner on the eve of the 2012 ITS World congress in Vienna. The ITS Australia initiative is designed to foster long term partnerships with industry organisations over the coming years. By working collaboratively with industry partners in long term relationships, the association has greater opportunity to lea
    Read More
  • US ITS systems approach critical decision time
    February 6, 2012
    Connie Sorrell, chair of the ITS America Annual Meeting and Exposition, explains why ITS in America is approaching a critical crossroads
    Read More
  • US ITS systems approach critical decision time
    February 3, 2012
    Connie Sorrell, chair of the ITS America Annual Meeting and Exposition, explains why ITS in America is approaching a critical crossroads. Connie Sorrell, as Chief of Systems Operations for the Virginia Department of Transportation, doesn't normally speak in hyperbole, but she can't help but be enthusiastic about this year's ITS America's annual meeting in the nation's capitol, 1-3 June, 2009. Certainly, as Chair of the 2009 ITS America Annual Meeting and Exposition, like everyone who has performed this impo
    Read More

Highlighted Content