GIIA CEO Lawrence Slade spoke about the opportunities for US States to drive inward investment through partnerships with private infrastructure investors during a panel discussion convened by the National Governors Association on 24th June.
The Infrastructure Financing Summit, a centre-piece of National Governors Association Chairman, Governor Larry Hogan’s year-long Infrastructure: Foundations for Success initiative, focused on leveraging private sector investments, and how governors can help ensure that their states have access to the full range of infrastructure financing options.
Joining the panel with Lawrence were Governor Doug Ducie, Arizona, Governor Ralph Northam, Virginia and Global Head of Corporate & Business Development for Cintra, Carlos Ugarte.
Noting that private infrastructure currently has a proportionately smaller role in the US when compared to other markets around the World, Lawrence said there are multiple funding models that could be deployed to suit specific circumstances for individual states, including more rural states.
“Working with private investors will allow individual States and Governors to access significant funding that comes with unrivalled experience about how to economically manage, develop and operate both existing and new infrastructure and responsibly add value to communities,” said Slade.
Watch the full panel here – Financing America’s Infrastructure Future (Panel 1)