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ARTICLE · 02 DECEMBER 2014

G20 Announces The Global Infrastructure Hub – Will It Make A Difference?

Sydney is to be home for a new G20-backed Global Infrastructure Hub (GIH) as part of a programme "to support public and private investment in quality infrastructure".

GlobalCorporate/Commercial Law

Sydney is to be home for a new G20-backed Global Infrastructure Hub (GIH) as part of a programme "to support public and private investment in quality infrastructure". A massive USD 2 trillion increase in global infrastructure capacity by 2030 could achieved by the GIH's goal of "improving project preparation, structuring and delivery" – so says the B20, a private-sector business group affiliated with the G20. What will the GIH bring to the table and will it deliver on the promises? The challenge for the Sydney GIH will be to adopt a truly global outlook.

Infrastructure has been a priority for the Australian G20 presidency and the choice of Sydney as the home of the GIH has been viewed as a significant achievement for Australia. Prime Minister Tony Abbott has declared that he wants to be known as "an infrastructure Prime Minister". Sydney has been chosen because it is Australia's major financial centre and a base for the world's leading infrastructure related

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