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« EU proposes public-private partnership to fund Galileo | Main | Citigroup launches infrastructure fund »

May 16, 2007

European Commission abandons public private partnership for the Galileo satellite navigation system

Source: Flight

By Rob Coppinger

European Commission vice president and Commissioner for transport Jacques Barrot is announcing today that the EC's preferred option for the future of the Galileo satellite navigation programme is that the initial infrastructure should be put in place and financed by the public sector and that only then the operation of the system would be entrusted to a private concession holder.

Full Story...

Posted by pichu at May 16, 2007 9:56 PM