Few megatrends are as compelling as infrastructure. Up to US$40 trillion of infrastructure investment will be needed worldwide over two decades, predicts research firm Preqin.
Population growth is driving the infrastructure boom. An expected 1.7 billion extra people on the planet by 2040 will need new transport, energy and social infrastructure. Also, growth in middle-class incomes in emerging nations is fuelling new or upgraded infrastructure. As diets change and more people must be fed, trillions of investment dollars will be needed to upgrade agriculture-supply infrastructure in developing nations.
As another 2 billion Asians join the middle class by 2030, on OECD forecasts, consumption patterns will change. For example, middle-class consumers travelling overseas for the first time – an incredible tailwind for the region’s airport infrastructure.