Public-private partnerships (PPPs) are back on the table like never before, and maybe this time for real. It’s been a while since anything meaningful has happened in this space and while this is a welcome development, the devil will lie in the detail and action. So there is good reason to be circumspect.

You only cut deals once, so we’d better get it right. Elections are six weeks away and no deals will be done before then, so hopefully this isn’t just more promises...

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