Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-10-25-Speech-3-404"

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"en.20061025.29.3-404"2
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". Mr President, ladies and gentlemen, the majority of the experiences of public-private partnerships in Europe concerns the construction and management of infrastructure and transport and logistics services. In addition, public-private partnerships are perhaps the only way that private investment can be involved in creating this infrastructure. For this reason I would like to raise just two points. Firstly, as stated in the report, we need a legislative initiative on concessions, including concessions for construction and management. There is a real need for legal certainty and for defining relations between public concessionary authorities and private concessionaires. On the one hand, private concessionaires need to have the guarantee that contracts will be respected for as long as they are in force, and, on the other hand, the concessionary authorities must be able to rely on having fixed- or limited-term contracts, which can then be adapted to production conditions over time and put to the test of competition. These are the two pivotal points on which I hope that the proposed legislation in question will be based. Secondly, there is a need to encourage new forms of innovative financial engineering, such as the guarantee funds already provided for by the regulation on the funding of trans-European transport networks, so that they can be used as leverage and ensure that many more public-private partnerships also prove to be efficient and effective funding instruments for infrastructure which we all need and with which I am sure you are very familiar, Commissioner."@en1

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