Privatization of certain federally-owned assets proposed as part of President Donald Trump’s infrastructure plan could boost the operation of these assets, but there could be complications, according to P3 industry professionals.
The plan calls for the divestiture of Ronald Reagan National, Washington Dulles International, George Washington Memorial Parkway and the Baltimore-Washington Parkway. Both roads are managed by the National Park Service.
The plan to dispose of some federally-owned properties could mean that new assets and programs will benefit from operational efficiencies provided by the private sector, according to Marcus Lemon, head of Polsinelli’s Infrastructure and P3 Practice group.
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