The private sector will play a growing role in financing, implementing and operating these projects, provided governments offer political stability. Given these are assets that both require a long-term investment commitment as well as provide services to the public, investors need a stable environment with a committed public partner, Carapiet notes.
This includes a strong, developed regulatory environment, reduced corruption and a defined and foreseeable pipeline of deals - because, given the duration and cost of infrastructure projects, private...
¬ Haymarket Media Limited. All rights reserved.
