Turner & Townsend, the global construction consultancy, has relocated two of its directors from the UK to Canada and South Africa in recognition of the increasing embrace of PPP projects in international markets.
Dominic Leadsom moves to Toronto, having spent the last ten years advising lenders, bidders and government institutions. Leadsom, who has been involved in the Canadian PPP market for the last two years according to a statement from Turner & Townsend, will in his new role “develop new PPP advisory business as the Canadian government’s ‘Building Canada’ initiative commits to using PPP to meet future infrastructure demand”.
Canada’s ‘Building Canada’ infrastructure plan was launched in 2007, runs until 2014 and has a $33 billion budget. It includes the $8.8 billion Building Canada fund for major infrastructure projects and smaller community projects. The Building Canada initiative has undertaken 4,700 projects to date, including improvements to the Trans-Labrador highway in Newfoundland and the expansion of the Manitoba Red River floodway.
Meanwhile, Mark Walmsley transfers to Johannesburg, having been part of the UK PPP team since the early 1990s. He will “help the company to increase its already established profile in the PPP market in South Africa and further develop its presence in the growing African market”. Like Canada, South Africa is also using PPPs to raise private investment for large infrastructure projects. The South African government recently committed R787 billion (€74.0 billion; $106.3 billion) to renewing the country’s infrastructure.