“The wave of modernisation has got off to a good start”

You have to look at the project's entire life cycle. Even if a project appears more expensive at the outset, it often works out cheaper for the public sector in the long run. The reason is that private providers possess extensive expertise in planning, implementing, operating, and maintaining projects. And, to state it clearly once more: many projects would never get off the ground without private capital, simply because the state lacks the necessary funds and capacity. However, to avoid misunderstandings and speculation, project costs and milestones should be transparent from the very beginning.

Many projects would never get off the ground without private capital, simply because the state lacks the necessary funds and capacity.