Public spending on major projects to improve infrastructure, support public services, upgrade communications and transform organisations is struggling to keep pace with investment need, not just in the UK but worldwide. The World Economic Forum estimates that for infrastructure alone the investment gap between what is being spent and what is needed to support global economic growth is an incredible $1trillion per annum. By 2030 it forecasts a $14trillion shortfall.
At the same time the world has experienced some game changing political developments, market turbulence and persistent low oil prices leading to uncertainty affecting investor sentiment. Despite this, and in some cases because of this, investors are seeking new opportunities for putting their capital to work.
The need for this private finance to make its way into major projects is on an upward trajectory, accelerated by population growth, urbanisation, the need for improved connectivity and of course the impact of climate change. It is therefore timely that the Major Projects Association brings together government leaders, investment funds, legal experts, project directors and consultants to examine, debate and inform on global trends within private financing of major projects.
Members may wish to examine previous MPA event highlights or research reports, for example:
Making Major Projects Bankable, 17th – 18th September 2014 at 5:30 pm, 32nd Annual Conference
And
World Economic Forum, How can we bridge the $1 trillion infrastructure gap?
There is no charge for this event for individuals from member organisations.