05 May 2005
Key Points:
The perception is that Build Own Operate (BOO), Build Own Operate Transfer (BOOT) projects), privatisations, and Public Private Partnerships (PPPs) have all become more common in recent years, but what proof is there of that? A new report has actually analysed these projects and come up with some answers.
"Delivering for Australia: A Review of BOOs, BOOTs, Privatisations and Public-Private Partnerships 1988 to 2004", compiled by Australia Council for Infrastructure Development (AusCID), was released in March.
Underlying the report is AusCID's database which contains details of 164 projects with a total value of over A$115 billion. These cover pre-public private partnerships (BOO and BOOT projects), privatisations, post National Competition Policy investment (greenfield and brownfield) and PPPs in 13 infrastructure sectors.
The report analyses these projects by sector and state. It finds that Victoria had one third of the total number of projects, followed by New South Wales. These two States are expected to retain the lion's share of these projects in the next few years.
Nationally, the biggest sector was energy, mainly because of the number of privatisations in Victoria, and the prospect of further PPPs across Australia is strong. If privatisations are excluded, however, the biggest sector is roads.
