Private-sector specialists bring skills and experience at running infrastructure which often delivers more efficient performance, ultimately benefiting the users and the public.
The involvement of private financing also averts excessive pressure on government balance sheets, allowing more infrastructure to be built and modernised without overstretching public finances.
Infrastructure investment leads to the development, maintenance and provision of essential services. It plays a key role in generating economic growth and building prosperous societies, helping governments support the needs of a rapidly changing world.
It creates jobs and develops skills across all levels of the workforce and it can catalyse economic growth through supply chains. In the UK, for example, every 90p in £1 spent on construction projects, stays in the local economy*.
*Source: CBI “Locally grown: Unlocking business potential through regeneration”