Australia's reputation among global infrastructure investors has taken a battering following the NSW government's decision to shelve the $5 billion Sydney metro project, just days before the tender process for the rail link ended.

One of the consortiums vying for the project has warned its late scrapping would mean the NSW government would find it tough to generate interest in future infrastructure projects until it had proven itself to the market.

The comments from Deutsche Bank-backed Plenary Group come as the Federal Treasury and state governments work on plans to encourage more private sector investment in infrastructure projects, for example through the Rudd government's $22 billion nation-building program.

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Posted by mopeng at March 7, 2010 2:37 PM