Roads, renewables and rail top infra firms’ wish list

A new survey finds infrastructure companies prefer roads, renewables and rail – and a robust rule of law.

Roads, renewable power and rail are the most sought after infrastructure investment areas, according to a new survey by London-City lawyers Allen & Overy, with the US, UK and Germany deemed the most “interesting” countries for opportunities.

“[The results revealed a] consensus for countries seeking potential investment to have robust rule of law,” Allen & Overy said, and 97 percent of respondents said the ability to provide a well defined bid process was “critically important” in choosing opportunities in one country over another.

Over 75 percent of respondents blamed lack of long-term debt for the slowdown in projects being launched or closed.

More than three-quarters of infrastructure players around the world believe government stimulus packages will help kick economies back to life, the survey found. But, of those, some 70 percent say the impact won’t be realised for up to three years.

Allen & Overy surveyed around 300 “leading global infrastructure” players during the last two weeks of March.