Currently, there are several megaprojects in our world and large infrastructures were built and managed by developmental state also independent company. In several countries enormous infrastructure projects are increasingly financed and controlled by privately held companies or private companies instead of governments. It has both effects from this situation in part of positive and negative. However, in my opinion, this is a positive development rather than negative development.
One positive outcome than can arise from this situation. It has a highly developed and technologically advanced in countries because project company import modern technology from several countries such as China, the US, Japan, France and Singapore. For instance, the capital city in Thailand is Bangkok. The private companies invest and bring a Bangkok sky train (BTS). It can be seen it is a Bangkok mass transit system public company limited (BTSC) projects. BTSC is the large private companies in Thailand. Therefore, after private sector introduce their new sky train. Capital dwellers usually use their projects.
Another positive development that can result from private investment in large-scale projects is Thai citizens more convenience because in eastern of Thailand. The private companies build the airport (U-Tapaoa airport). U-Tapao airport is a maga public private partnership project. The aerodrome is convenience to people in Rayong province who want to travel or go some places. This enormous project is good development in Rayong province. In the future private consortium will build airport link to connect three airports (Suvarnabhumi, Donmuang and U-tapoa).
Nevertheless, this development also has some drawbacks. For instance, private companies may increase service fees and may prioritize profits over public interests.
In conclusion, if private companies manage and control mega projects rather than governments. The country will develop and beautiful and also has modern technology. There for, I believe this situation is good way to develop our countries.
