Congratulations to Professor Norman Hutchison for his contribution as co-author of the RICS World Built Environment Forum "Bridging the gap: Private investment in future infrastructure provision" report this week.
Funding the delivery of infrastructure has been high on the global political agenda. It will be even more so when governments take action to bolster economic recovery from COVID-19 or improve social infrastructure. However, a lack of investible projects has already meant that hundreds of billions of dollars of potential funding has been sitting idle. Analysis of Preqin data shows there is currently over $220 billion of dry power within unlisted infrastructure funds globally - capital that has yet to be committed to a project. Growing investor demand has been frustrated by limited investment opportunities This paper reports on interviews with experts, investors and stakeholders across six countries - Canada, China, India, Singapore, UK and US.
Professor Norman Hutchison commented “The publication of this report is a timely reminder of the need to match investment funds to investable projects to maximise infrastructure development. There is the potential to support the development of $1 trillion worth of infrastructure projects globally – infrastructure that is vital to boost economic recovery in a post pandemic world."
The World Built Environment Forum is a global network of professionals operating in the built and natural environment. Through the exchange of ideas and experience, the forum explores routes to progressive change in the sector.
For more information on the World Built Environment Forum and to view the full report please visit: https://www.rics.org/uk/wbef/