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« South Africa seeks cooperation with China in infrastructure construction: ambassador | Main | Kenya: China-Funded Road Project Kicks Off »

April 26, 2007

UK Treasury defends PFI research from critics

Source: Supply Management.com

by Paul Snell

The Treasury has maintained its evidence that the Private Finance Initiative (PFI) is superior to conventional procurement is not flawed.

The reaction comes after a report published by a number of leading academics described the evidence as "highly misleading".

The study by three academics at the Centre for International Public Health Policy (CIPHP) said there were "fundamental flaws" in analysis by the Treasury that PFI projects reduce cost and time overruns.

Full Story...

Posted by pichu at April 26, 2007 8:21 PM