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EC wants to keep private funds out of Galileo GPS programme
Page 14
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THE EUROPEAN Commission wants the European Union's Galileo global positioning satellite network to be built and launched with public cash, ending its public-private partnership (PPP) scheme.
Protracted disputes between contractors within the prospective consortium chosen to develop Galileo mean the project will probably miss its 2012 launch deadline; now the EC is losing patience.
It has asked EU ministers to revise the Galileo project, restrict ing private-sector participation to the operational phase.
EU Transport Commissioner Jacques Barrot says: "The present roadmap... wit not enable the project to be completed within the desired time frame. The most realistic and, in the long term, the most economic option will be for the initial infrastructure to be put in place while being piloted and financed by the public sector.
"In contrast, the operation of the system will be entrusted to a private concession holder."