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Private Sector Leaders Encourage States to Simplify Government Approvals to Boost Infrastructure

Private Sector Leaders Encourage States to Simplify Government Approvals to Boost Infrastructure

RouteFifty.com
By Andrea Noble | FEBRUARY 8, 2020

Business executives told attendees at the National Governors Association meeting in Washington, D.C. that a simplified permitting process would encourage the private sector to engage on infrastructure projects.

WASHINGTON - Streamlining the permitting process is a key step states can take to encourage the private sector to back infrastructure projects, business executives told the nation’s governors.

“The fastest way to do it is to require there be a single approval process or a single permitting process so you can’t get lost across multiple agencies,” said Doug Peterson, president and CEO S&P Global.

Peterson was among the executives who addressed state leaders gathered at the National Governors Association winter meeting in Washington D.C. on Saturday.

The question of how to pay for major, and often expensive, infrastructure projects has increasingly become an area of concern for governors as federal government investment has dwindled. States are increasingly turning to public-private partnerships as a way to finance large-scale projects... FULL ARTICLE

1 comment (Add your own)

1. wrote:
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Mon, June 1, 2020 @ 7:40 PM

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