Estimated Global Demand of $24 Trillion to $30.5 Trillion Through 2030"
WASHINGTON, DC--(Marketwire - March 27, 2008) - CG/LA Infrastructure, in association with Sterne Agee, today released estimates for global infrastructure demand, 2008-2030. "Overall we see a very strong Long Boom in infrastructure demand," according to Norman F. Anderson, President & CEO of CG/LA Infrastructure, "with between $24 trillion and $30.5 trillion invested in new plant and equipment worldwide during the period." The study -- "Effective Demand in the Global Infrastructure Marketplace; Building the Next Generation's World" is anchored analytically on a global projects database, and will be available on April 30th.
Key findings include:
Weakness in the US infrastructure market, because of significant
issues with the policy and financing model -- such that overall
competitiveness is significantly threatened unless investment levels can be
dramatically increased from a current level in the range of $150
billion/year to over $300 billion;
A general recognition that China is the #1 country in the world for
infrastructure investment, at nearly $200 billion per year -- but with
looming problems in electricity generation and clean water provision that
raise questions about the country's ability to maintain these investment
Uncertainty in the emerging markets of Latin America, Asia and
especially Africa because of significant problems in project origination
capacity -- projects tend to take a long time to develop, and they tend to
be short-lived public works initiatives rather than long-term, strategic
projects.
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Posted by dcjaya at March 27, 2008 4:52 PM