GIIA in the news: Macquarie, DP World and MAG commit to investment in UK infrastructure
GIIA's Chief Executive, Jon Phillips, highlights in IPE Real Assets that political instability and a tough regulatory regime have damaged UK investment, but Labour's majority and the Prime Minister's focus on reform offer promise for key sectors
Jon said:
“The UK’s reputation as an attractive investment destination has suffered in recent years thanks to political instability and an unattractive regulatory regime.
“Labour’s large majority should ease concern about the first issue, while the Prime Minister’s focus on the importance of private sector investment, infrastructure development, and regulatory reform as critical components of the UK’s growth agenda is welcome.
“A regulatory regime that has more focus on economic growth will encourage greater investment in the UK’s critical infrastructure sectors like energy, transport and water.”
Read the article here.