P3 Kentucky to Assist with Public-Private Partnerships
Public-Private Partnership for Communications Improvement
Kentucky– A new communications center, P3 Kentucky, will assist in connecting Kentucky’s local and state leaders who are considering public-private partnerships for water and sewer improvements, economic development projects and other public infrastructure investments. P3 Kentucky recently launched its new website, P3KY.com, and is sending e-newsletters to more than 4000 local, state, economic development and business leaders. Kentucky has one of the nation’s most expansive laws in encouraging public-private partnerships for infrastructure needs and P3 Kentucky is serving as a financing tool that can provide capital and private sector expertise to bring projects to construction.
The center is part of a communications firm based in Louisville specializing in transportation, economic development and community improvement projects. The venture has received support from groups that pushed for changes to Kentucky’s P3 laws. Those groups are serving on the P3 Kentucky roundtable and providing expert advice on infrastructure projects. These groups include Kentucky Chamber of Commerce, Kentucky League of Cities, Kentucky Association of Counties, Kentucky Magistrates and Commissioners Association, Kentuckians for Better Transportation, Associated General Contractors of Kentucky, the American Council of Engineering Companies, Kentucky Chapter and the Kentucky Association for Economic Development.