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Crimson Dynamo | The voice of reason
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Join Date: Oct 2009
Posts: 107,392
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Crimson Dynamo | The voice of reason
Join Date: Oct 2009
Posts: 107,392
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Quote:
Originally Posted by Kizzy
Nope,
PFI uses private money for major public sector capital projects. The private company builds and owns the facility, which is then leased back to the state, in exchange for regular repayments. It was initiated in the UK by John Major's government in 1992 - but was expanded under Labour after 1997. The first project operational is the Severn River crossings, which started operating in April 1992.
http://www.theguardian.com/news/data...contracts-list |
source
the guardian
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