At this month's G20 summit
in Turkey business leaders
from the participating countries will recommend
governments review their public-private partnership
(PPP) practices and use new tactics to take advantage of the
private sector liquidity looking to invest in
It's in line with the growing realisation that the imbalance
between project supply and private funding is the key problem
in infrastructure development today.
The European Commission's Juncker
plan, which intends to mobilise nearly €300
billion of private funds to help close
the region's infrastructure gap, has had a relatively
successful first few months. But it doesn't solve
the perennial problem of a lack of public sector
funding and project expertise.
There's been much talk about banks'
cutting their long-term lending programmes in light
of Basel III's enhanced capital requirements. But Mike
Wilkins, managing director of infrastructure finance ratings at
Standard & Poor's, is...