
Between 2005 and 2010, the government and its partners will invest more than $30 billion in public infrastructure. This investment represents the first step in a long-term plan to renew public infrastructure in Ontario. And it is accompanied by a new, ‘made-in-Ontario” approach to financing some of the larger, more-complex infrastructure projects.
Alternative Financing and Procurement leverages private sector expertise and resources. Under AFP, project risks are transferred to the private sector that commits to deliver projects on time, and on budget.
All AFP projects are strictly governed by the Building a Better Tomorrow Framework, for planning, financing and procuring public infrastructure, to ensure all processes are fair and transparent and the public interest is protected.
In November 2005, the government created Infrastructure Ontario to manage complex AFP infrastructure projects.
To learn more about Infrastructure Ontario visit www.infrastructureontario.ca.