A high-functioning infrastructure base and strong political and financial institutions are key features of sustainable long-term economic growth. For emerging economies, such as in the Southeast Asian region, turning economic growth into infrastructure construction is crucial. Investment in power and water and transport networks will help to grow physical and human capital, facilitate the movement of goods and people, open trade corridors and reduce trade costs. Mature economies face slightly different challenges. Ageing populations and changing demographics create shifting infrastructure requirements. As infrastructure ages, decisions need to be made about whether it is still fit for purpose and if refurbishment or rebuilding is the best option.

This Key Highlights document summarizes some of the key findings from the” Global Infrastructure Outlook”, a report which provides an in-depth assessment of state of infrastructure spending, both current and future, the drivers and barriers to infrastructure growth and the major projects in the construction pipeline.

The report covers all key infrastructure sectors: roads, railways, electricity and power, water and sewerage, communication, and airports and ports.

The key sections of the report provide:

ï‚· An in-depth assessment of the current state of infrastructure spending globally, including market share and projected growth out to 2020 by country, region and sector (roads, railways, electricity and power, water and sewerage, telecommunications, airports and ports).

ï‚· Analysis on the drivers and barriers to infrastructure growth including current

quality of infrastructure base, gaps in infrastructure needs, level of public finances, demographics, use of public-private partnership mechanisms for infrastructure funding, investment in regions and projected cancellations for infrastructure projects.

ï‚· For each infrastructure sector, an analysis of the project pipeline, looking at projects by stage of completion and funding mechanism and a more detailed look at the prospects for major infrastructure projects in each sector.

ï‚· Additional insight for 15 countries identified as markets to watch, identified as such due to factors such as their size compared with the overall global infrastructure market or high project growth in infrastructure spending

Timetric’s Infrastructure IC is currently tracking over 12,700 large-scale infrastructure projects worldwide in both the public and private sectors. Collectively these projects are worth US$14.2 trillion, including projects at all stages of development, from announcement to execution. The electricity and power sector has the most projects in the pipeline with 6,171, followed by roads (2,887), railways (1,641), airports and ports (1,237), and water and sewerage (853). In terms of US dollar value, power and electricity projects dominate, valuing US$5.4 trillion, while railways, valued at US$5.2 trillion, account for the second-largest sector. Roads projects recorded the third-largest share with US$1.9 trillion, followed by airports and ports projects which make up US$1.2 trillion, and water and sewerage which accounts for US$421.5 billion. The public sector owns 53.3% of the projects, while 27.3% are jointly invested by both public and private sectors. The remaining 19.3% are owned by private companies.

For a free FULL copy of this report or to arrange a demonstration of Infrastructure Intelligence please email colin.mentis@construction-ic.com