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Tuesday, August 30, 2011

Coming Soon: $650 Billion In Banskter Driven Infrastructure Progams

Sphere Consulting is out with a report detailing the amount of  money that will be directed toward infrastructure programs in coming years. According to the report, there is currently a pool of $250B available globally for infrastructure projects, up 40 percent from 2010.

 In conjunction with the report, a Sphere survey was conducted with companies that have a strong vested interests in seeing the infrastructure projects develop. They were asked to project how much money U.S. will flow into infrastructure projects in the U.S.. The group includes Morgan Stanley, Merrill Lynch, Citi Infrastructure Investors, Carlyle Group, Macquarie Group Ltd., UBS and Credit Suisse. They obviously think it is a big play. The survey results indicate that the amount that could be leveraged into infrastructure will be a total of $650B for U.S. roads, tunnels, schools and bridges.
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