2018 Global Infrastructure Report Released - Identifies Projects to Watch in 2018
(4 months ago)
WASHINGTON, Feb. 19: CG/LA Infrastructure is proud to release the 11th annual Strategic 100 Global Infrastructure Report, featuring the namesake list of 100 in-development infrastructure projects worldwide representing over USD 644 billion in expected investment.
These projects - providing a cross-section of the project development pipeline across sectors, stages, and geographic markets - were selected through a rigorous process of market review including engagement with industry experts and project sponsors. All are expected to move forward and offer business opportunities in the next 3-12 months.
CG/LA Infrastructure's 2018 Strategic 100 Global Infrastructure Report is the foundation for the 11th Global Infrastructure Leadership Forum in Montreal, Canada on March 27-28, 2018. The event will host more than 50 of these projects, providing insight into upcoming opportunities and recognizing the extraordinary leadership of the community of professionals driving these strategic projects forward.
The report also highlights trends shaping the global market, notably including the transformational impact of rapid technology advances across several key areas. The power of augmented reality, 3D printing, commercial drones, cryptocurrency, self-driving vehicles, and others are upending long-held practices, creating new opportunities, and pushing the global market towards innovative projects and funding mechanisms. The projects on the Strategic 100 list not only reflect the impact of these trends but also highlight the underlying, enduring importance of infrastructure to long-term economic growth, job creation, and key socioeconomic indicators like health and mobility.
"2018 promises to be a strong year for infrastructure globally, coinciding with nearly ten years of growth, and now synchronized global growth," said Norman F. Anderson, CEO of CG/LA Infrastructure. "We see very strong opportunities in anything related to moving people, and the health of citizens - and now we are seeing an explosion in technology-driven projects, derived from hard thinking about the user experience."
The Strategic 100 by the Numbers. In 2018, the Transit Sector leads strategic project opportunities with twenty projects totaling $115 billion. High-Speed Rail is second, with seven projects at a value of $106 billion, followed by Bridges and Tunnels third, with almost $74 billion and 14 projects. Regionally, North America topped the list with $231.2 billion in project opportunities, followed by Europe with $139.8 billion and the Asia-Pacific Region with $82.8 billion.