Aubrey Layne, Virginia’s secretary of transportation, is a self-described private sector guy in a very public role. After a 30-year business career in which he was a president of large retail and real estate companies, Layne, who has overseen Virginia’s seven transportation agencies since 2014, has furthered his state’s reputation as a leader in creating public-private infrastructure projects. That is not quite privatization, in which a government makes an outright sale of a public asset to a private company. A public-private partnership acts as it sounds, with governments working with companies to build, repair, and manage roads, bridges, and airports.
Source: Washington Examiner