The vital importance of infrastructureInfrastructure is vital in today’s world. All types of infrastructure, ranging from bridges to cross a river to satellites to get your message across are essential to sustain, or enhance, our living conditions. It is the backbone of the economy, the driver of economic growth and it is critical to every stage of economic development, promoting growth ambitions of emerging markets and keeping developed nations competitive.
Limited competition and the regulation of infrastructure assets result in relatively stable income streams, regardless of the economic cycle, and good visibility of earnings. The assets, often with inflation-linked contracts, benefit from high barriers to entry and relatively inelastic demand.