Macquarie maps out the world of infrastructure
Annual expenditure of $400 billion-plus is needed to meet global infrastructure needs, creating new opportunities for investors.
Investment in infrastructure now covers a multitude of things from bridges to roads, ports to railways, provision of power supplies to social projects involving schools, health care and waste services, says Michael Carapiet, executive director and joint head of Macquarie Bank corporate financing.
The market capitalisation of 400 stocks of companies that deal in infrastructure projects stands at an aggregate $2.4 trillion, he told the audience at the Macquarie Asian Infrastructure Forum, organised in Hong Kong last week by Asian...
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