Arizona Ppp Review. Rbc Capital Markets

The document discusses observations about the market for public-private partnership (PPP) transport projects in the US and Arizona. It notes that the US represents the world's largest developing PPP market, though activity is driven by budget constraints and occurs at the state and local level rather than through a national program. It also summarizes PPP activity and trends in Arizona, including the state's rapid population growth and insufficient transportation funding from fuel taxes.