Meanwhile, the Organisation for Economic Co-operation and Development (OECD) has called for governments to turn increasingly to private financing for infrastructure. According to the OECD, the world will need to spend 2.5% of GDP up to 2030 on telecoms, road, rail, electricity and water. Another 1% will have to be spent on energy infrastructure, and yet more money on other areas such as ports and airports. Yet infrastructure specialists cannot ignore the implications of the credit crunch. These and other themes were explored at The Banker’s round table on the future of infrastructure finance on November 27, 2007. The debate was sponsored but independently edited and written.
Watch the videoThis is an edited video of the discussion from The Banker's Environment & Resources section. Click below to view more:
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THE PARTICIPANTS:
| Neil Sen, contributing editor, The Banker |
| Martin Stanley, chief executive, Macquarie’s European Infrastructure Funds |
| Olivier Delfour, managing director and global head of infrastructure, Fitch Ratings |
| Paul Davies, partner, PricewaterhouseCoopers |
| Andrew Rose, head of projects, Partnership UK |
| Nick Bliss, partner, Freshfields Bruckhaus Deringer |
- Defining infrastructure
- High premiums, but no bubble
- More investment is needed in infrastructure
- Managing regulatory risk is central to infrastructure investment
- The liquidity crisis will not have a big impact on infrastructure – yet
- Defining infrastructure
- High premiums for infrastructure assets, but no bubble
- More investment is needed in infrastructure
- Managing regulatory risk is central to infrastructure investment
- The liquidity crisis will not have a big impact on infrastructure – yet