Construction Magazine October 2014 | Page 12

INFRASTRUCTURE
Works at the Delaware Interstate 495 Bridge
and is ready to act to some extent , finding the missing funds in part from the closure of overseas tax loopholes , but largely with the use of private investment .
The country had lacked an effective platform for the private sector to enter infrastructure projects and take on the growing backlog , but this looks set to change , providing an alternative to the loathed proposal of funding these schemes with fuel taxes or milesdriven fees . And the transport sector will be the first to benefit .
Build America Investment Initiative President Obama launched the Build America Investment initiative in July in an appropriate location , speaking against the backdrop of Delaware ’ s then-closed Interstate 495 Bridge ,
12 October 2014