If You Build It

    23 November 2008
    U.S. investors have been investing in infrastructure in emerging markets for many years now, supplying expertise and badly needed capital for the privatization and improvement of everything from power plants and electric transmission and distribution systems to ports, airports, toll roads and water and wastewater treatment systems. More recently, after years of neglect and underinvestment in infrastructure, governments in developed countries including the United States have become more receptive to private investment as a way to bridge the growing gap between the limited funds available from tax revenues and other sources and the increasing amounts needed to repair and maintain aging infrastructure.