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Tuesday, March 3, 2009

Ritz Carlton
1150 22nd Street, NW - Washington, DC

Seminar: 3:00 - 6:00 p.m.

Reception: 6:00 - 7:00 p.m.

There is no charge, but we request that you pre-register for the seminar by Tuesday, February 24th.

Free of charge

Hosted by the Japan International Transport Institute

Japan International Tranport Institute

1819 L STREET, N.W. SUITE 1000
PHONE:+1- 202-833-9763
FAX: +1-202-833-9769

Activities of our institute are made possible through the generous assistance of the Nippon Foundation.


Seminar on Transportation Infrastructure in the Future
~ PPP or Privatization ~

Transportation infrastructure is an integral part of mobility for people. With tight government budgets, efficient management of transportation infrastructure has become more important than ever. Against this background, it has become a trend in Japan to involve the private sector for more efficient management. The trend in the U.S. has been to utilize private sector capital and expertise in the construction and management of public sector transportation infrastructure.

In the U.S., the concept of a “Public Private Partnership (PPP)Ehas been introduced so that the public sector and the private sector come together to gather maximum capital and expertise. Examples include the Chicago Skyway, the Indiana Toll Road, the Oakland Airport Connector, and the Chicago Midway Airport. In Japan, in most cases, “privatizationEhas been carried out, in which ownership and management of the transportation infrastructure has been changed from public entities into private entities. Tokyo Metro, one of the largest subway systems in the world, and Narita International Airport, the gateway to Asia, are now privatized. Although different in approach, both aim for sustainability of transportation infrastructure in difficult times.

This seminar explores the future of transportation infrastructure through keynote speeches and a panel discussion inviting experts from the U.S. and Japan.


Hiroshi Maruyama
President, Japan International Transport Institute
 Bio  Opening Speech 

Sherry Little
Former Acting Administrator, U.S. Federal Transit Administration (FTA)
 Bio  Prepared Remarks 

Dana Levenson
Managing Director, North America Infrastructure Banking, The Royal Scotland (Former Chief Financial Officer, City of Chicago)
 Bio  Presentation 

Masahiko Kurono
Senior Advisor and Former CEO, Narita International Airport Corporation (NAA)
 Bio  Presentation 

Hisashi Umezaki
President, Tokyo Metro Co., Ltd.
 Bio  Presentation 

PANEL DISCUSSION (All the keynote speakers will join the panel discussion)
Clifford Winston (Moderator)
Senior Fellow, Economic Studies Program, The Brookings Institute