Fidelity Asia manager backs infrastructure and agriculture

He says emerging market infrastructure spending is set to more than double in the next decade, reaching a total of approximately $3,500bn, with the majority of spending in Asia. Within this expanding infrastructure sector there are a number of areas to exploit, Urquhart believes. The infrastructure chain starts with the obvious areas of mining, shipping and logistics. However, transport is also required to move materials which will lead to more roads, rail routes and airports being built. Urquhart adds: “Likewise, agriculture is more than just food. Seed, fertilisers, pesticides and equ...