Australia’s National Infrastructure Plan for 2013 — opportunities for private investors
Infrastructure Australia’s recently released National Infrastructure Plan for 2013 outlines the actions necessary to facilitate investment in, and the delivery of, infrastructure in order to ‘take advantage of the opportunities offered by the growth of the Asian economies over the next half-century’.
The plan suggests that the private sector can and should have a bigger role in funding infrastructure if the right environment is created to facilitate this investment. It identifies a priority list of required infrastructure. The focus and priority is encouraging investment in public and freight infrastructure, but also in energy, water and transport.
The plan has the potential to attract significant private-sector investment, both Australian and international, particularly in social infrastructure and freight infrastructure projects (the priority list of projects alone represents about A$27bn). However, as recent Australian PPPs have shown, care needs to be taken in developing appropriate funding models and creating the right opportunities for investment…
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