PRIVATE investors are increasingly prepared to help bankroll the government's ambitious $200 billion infrastructure agenda as sentiment towards the sector gradually improves.
But industry experts told a major infrastructure conference in Sydney yesterday that investors would be expected to put more equity into projects, with the financial crisis ending the days of loading up toll roads and other assets with heavy debt burdens.
Stephen Allen, global head of infrastructure at Macquarie Capital, told the Infrastructure Partnerships Australia gathering there were reasons to be "cautiously optimistic" as financial markets stabilised, volatility dropped and credit spreads narrowed.
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Posted by boyang at August 8, 2009 8:35 AM