Infractructure
Economic Development
Infrastructure projects are key to economic development. First build an airport, and sea port, then roads, sanitation, water ,etc....
Note:
Fiscal stimulus spending
on infrastructure pushes out the POTENTIAL GDP - not the current actual GDP
see our discussion, emerging markets , private equity and economic development
Private Equity Investments in Infrastructure
see private equity trends for more:
Fundraising this week was dominated by infrastructure funds, with two firms raking in nearly $10 billion. Global Infrastructure Partners closed its first fund with $5.6 billion. Morgan Stanley closed its infrastructure fund with $4 billion locked up. The funds will focus on transportation, energy and utilities, social infrastructure and communications. Global Infrastructure Partners, just two years old, has already invested in the London City Airport, International Port Holdings and East India Petroleum.
The resilience of infrastructure businesses has attracted private-equity players to the category, despite slower growth than traditional private-equity investments. Other new infrastructure vehicles include Goldman Sachs' $7.5 billion fund, 3i's $1.2 billion India Infrastructure Fund and a $950 million fund for Credit Agricole Private Equity, as well as Citigroup's $5 billion infrastructure fund and Macquarie Capital Group Ltd. and State Bank of India's recently unveiled $2 billion infrastructure fund, both of which are yet to complete fundraising.
Toll Roads:
http://www.worldbank.org/transport/roads/toll_rds.htm
http://www.worldbank.org/transport/roads/tr_docs/annex11.pdf
addthis_pub = 'briandbutler';
Comments (0)
You don't have permission to comment on this page.