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4.3.2. Private Finance Initiative (PFI)
The concept of PFI has created new opportunities for both the public and private sectors. Private
sector financing of transport infrastructure should be considered a partnership between the public and
private sectors. The potential for raising private capital on both domestic and international markets can
be enhanced by making policy reforms that create clear rules allowing investors to form reasonably
firm expectations about cash flows generated through investment in transport infrastructure.
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