Global economic conditions have improved, and global infrastructure investment rose, in 2013. But at the same time PPP investment declined, particularly for new-build projects with high construction costs. As a result, the global PPP market is now in its third year of decline, and the number of project financings to close in the market continues to fall.
IJGlobal’s inaugural infrastructure market outlook report, with views and insights from the industry leaders across the globe
In 2013 the global infrastructure finance market recovered as both deal value and deal count went up. IJ records show that the total investments in global infrastructure reached US$280 billion, which was a 51 per cent increase from the preceding year. A total of 548 deals reached financial close, up by 30 per cent.
ECAs and DFIs have long been a staple of the infrastructure finance, supporting and supplementing commercial lending where appropriate. However, in a slow post crisis economic climate these institutions have become ever more prominent in global energy and infrastructure projects.