GIIA responds to NIC’s call for evidence

GIIA, has responded on behalf of members to the National Infrastructure Commission’s Call for Evidence for their review, called The Future of Regulation Study.

The submission was a result of extensive consultations with GIIA members who collectively own and operate more than $660bn of infrastructure assets globally, with the largest single country allocation being the UK.

Director of Policy and Research Piers Thompson said:

“Economic regulation of water, energy and telecoms in the UK has facilitated the investment that has delivered world class infrastructure with improved outcomes for consumers, at low cost.”

“These sectors can continue to attract investment and deliver positive outcomes for consumers and the environment if objectivity, transparency and predictability continue to be core to the regulatory model.”

Read GIIA’s full submission here

GIIA is grateful to Allen & Overy for their assistance with this important submission on behalf of the sector.