Why Asia Will Strike Fear And Awe In Donald TrumpThe trillion dollar Trump infrastructure plan has been roundly criticized, for several good reasons, but also out of a basic misunderstanding about infrastructure finance and development, a complex topic. The Trump plan is essentially a tax break for private investment in infrastructure. In the context of new infrastructure development, leaving aside the revenue question for the moment, private infrastructure investment is a bit more complex than privatization. It is a widely held misconception that public projects do not involve private profit, that traditional civil infrastructure projects are distinct from for-profit enterprise. In fact, the vast majority of civil infrastructure projects are planned, designed, financed and built by the private sector for profit.

Source: Forbes November 27, 2016 18:15 UTC