With the recent news that Macquarie has successfully
closed its latest €4 billion European infrastructure fund with
the assistance of two Guernsey firms, Paul Bannier, Director at
Icorserv, reflects on certain topical aspects of infrastructure
investment – at least as far as it impacts on fund centres
such as Guernsey.
Growth in demand
When measured on a global basis, a huge demand exists for
infrastructure investment. Statistics published by the United
Nations project that the world population will increase by
approximately 83 million people per year during the next two
decades with much of the growth taking place in Africa and Asia.
Aside from the obvious need for food, water, basic healthcare and
housing, population growth triggers demand for energy, transport
links and modern telecommunications networks to name but a few.