The Ontario government went to Washington, DC last week to promote the province as a top destination for infrastructure development and investments.
The Minister of Infrastructure, Laurie Scott, attended the two-day trade mission, joined by Premier Doug Ford, to promote Ontario as a global leader in infrastructure procurement and consulting, opening new opportunities in global markets, and will highlight the province’s prolific track record of using the public-private-partnership (P3) model to develop large and complex projects and systems in infrastructure.
“By reaching out to our neighbours in the United States, we are showcasing our infrastructure expertise, encouraging innovation and spreading the message that Ontario is one of the best places to build and invest,” Scott said.
Scott joined the Australian Ambassador to the U.S., Joe Hockey, in a panel discussion at the P3 Government Conference, to discuss their respective approaches to P3 Development. This discussion included how their P3 approaches to partnership, procurement and project delivery have made their respective regions global leaders for producing renowned infrastructure programs.
The 2019 P3 Market Update is the largest commitment to P3 infrastructure in Ontario’s history, and includes submissions of 32 of infrastructure expansion projects in Ontario, worth more than $65 billion. Ontario has committed to investing about $144 billion in infrastructure investments over the next decade, which helps the minister and premier make their case in Washington.
For more information, see the official news release.