Aug/Sep 2013
| Business World Magazine | 119
tation, a unique partnership was formed
called the public-private partnership (P3) in
order to facilitate the growth of the region.
“Many questions were raised regarding this
method, as people were not sure if this was
the right way to carry out such a large scale
project,” says Bill. He goes on to add, “It was
a risk to take with the P3 for large projects.
However after the first section of the P3 was
completed, the Alberta ring road became the
model for P3 transportation. It proved to be
a success and trying an innovative approach
turned out to be favorable.”
Furthermore, the senior management in
the transportation departments have also
been onboard with pushing for public-pri-
vate partnerships on project and are wel-
come new models such as the P3.” People
have confidence in this methodology even
though it may be a courageous decision to
take, the results are undeniable,” adds Bill.The
P3 models prove the partnerships between
public and private sectors can bring about
results which benefit the Albertan commu-
nity. Supporting the infrastructure in such a
manner creates jobs which in turn helps the
Three crew members, Cathy Olesen, Jacquie
Fenske, David Dorward, Ric McIver, Gene
Zwozdesky, Linda Osinchuk, Allan Neill
