The year to invest in infrastructure

Infrastructure assets such as roads, bridges, airports and water provide essential services that underpin economic competitiveness. There are three broad trends that are likely to be significant for listed infrastructure in 2011. The first is the fiscal position of many governments, particularly those in developed countries. It has deteriorated sharply as a result of the financial support measures provided during the global financial crisis and the recession that ensued. In times of heightened financial stress, governments in some countries have historically needed to privatise assets...