Outside the realm of tech companies, large infrastructure projects are mostly built by PPP model(Public private partnership). It is one of the proven models in various countries as it saves govts. from spending large money upfront and not only ensures that private corporations finish the projects but also makes them liable for quality as they are liable for future maintenance.
The Toronto smart city project by Alphabet is a modern infrastructure project and totally makes sense that they follow PPP model for payments. Why do people here think it is a bad idea? IMO, it is a win-win for both Toronto & Alphabet.
The Toronto smart city project by Alphabet is a modern infrastructure project and totally makes sense that they follow PPP model for payments. Why do people here think it is a bad idea? IMO, it is a win-win for both Toronto & Alphabet.