Non-topics
Could Trump Sell Ronald Reagan Washington National Airport and Dulles International?
This could be a good thing for the D.C. area.
February 13 2018 10:53 AM EST
May 26 2023 4:08 PM EST
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This could be a good thing for the D.C. area.
The White House on Monday released their massive proposal outlining how President Trump plans to help stimulate investment into the United States’ crippling infrastructure. In addition to expanding using tax-exempt debt, Trump proposes allowing the federal government to sell off some assets to state and local governments to privatize certain programs and critical pieces of infrastructure.
There is potential in the plan. According to Skift and Pregin data: “Bottom of Form
Thirty-nine percent of institutional investors plan to put more money into infrastructure in 2018 than they did in 2017, Preqin data show. Infrastructure outpaces private equity, private debt, real estate and natural resources as the asset class with the greatest proportion of investors planning to increase allocations in the long run…”
Among the assets looking to get sold off are Ronald Reagan Washington National Airport and Dulles International.
“Providing federal agencies authority to divest of federal assets where the agencies can demonstrate an increase in value from the sale would optimize the taxpayer value for federal assets,” according to the proposal.
"Federal ownership of these assets can result in sub-optimal investment decisions and create risk for taxpayers," said the Trump administration's infrastructure proposal. "To utilize this authority, an agency would delineate how proceeds would be spent and identify appropriate conditions under which sales would be made."
These are the only airports in the US federally owned, and the sale could potentially result in major improvements needed.
In Europe almost all airports are privately owned. [https://www.cnbc.com/2018/02/12/washington-dc-airports-could-be-for-sale-in-trump-infrastructure-plan.html]