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Wednesday, 14 December 2016

Frustrated SWFs cast eyes over West's plans to upgrade crumbling assets | Reuters

Frustrated SWFs cast eyes over West's plans to upgrade crumbling assets | Reuters:
"Sovereign wealth funds are queuing up to finance the West's overhauls of crumbling roads, bridges and ports as public purse strings are loosened after a period of austerity, but they still face project delays and fierce competition for deals.

Offering strong and stable cashflows generated by service users, these investments hold huge appeal for a $6.5 trillion industry that, with its focus on future generations, is able to lock up capital for years.

Qatar's sovereign fund was first off the blocks this week, promising $10 billion for U.S. infrastructure after President-elect Donald Trump floated plans to spend up to $1 trillion on projects that will take years to complete."

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