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PA Turnpike Commission to Forego Public-Private Partnership for Fiber Optic Network

Viji Durga  January 21, 2019   comments   Projects

EB-5 Visa, EB5 Visa, EB5 Investments

The Commission will pursue other options for communications network.

The Pennsylvania Turnpike Commission (PTC) announced today that it has ended its pursuit of a Public-Private Partnership (P3) for a system-wide fiber optic network and will instead advance other options to address the agency’s data and communications needs.

“Our goal was to reduce the significant cost of building this network. At the end of the day, however, we determined that the P3 model would not deliver the savings we need to see to continue down this path,” CEO Mark Compton said.

Source:  https://www.paturnpike.com/Press/2019/20190121103512.htm

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