This is our 25th annual “International Major Projects Survey” issue in which we describe the global market for transportation P3s. The data in the following charts are derived mainly from detailed project reports provided to us each October by many of the largest P3 developers in the world. Summary: In the past year, there was only one financial close so far of a small project in the U.S. and none in Canada. Elsewhere, a total of 21 road, rail, and airport P3 deals in 13 countries worth $13.5 billion reached financial close in the past 12 months. That total is only about one third the value of deals done globally in the previous 12 months, starting in October 2015.