Recent decisions affecting five road projects have drawn into question the power of the Portuguese audit court. Pedro Melo and Diogo Duarte Campos suggest some alternative scenarios
Portugal currently has a significant public-private partnership (PPP) market, with several projects already concluded and many more in the pipeline. As a percentage of gross domestic product, the country has the highest level of investment in PPP/private finance initiatives (PFI) in the EU. Although the road sector is the most active, there is also a variety of other projects in sectors including energy, railways, waste, prisons, healthcare and airports.
