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  • Details
    • Service: Advisory, Transactions & Restructuring, Infrastructure Advisory, Special Interests, Advisory
    Date: 3/14/2010
    Canada - English - Issues and insights - Articles & publications

    Bridging the Global Infrastructure Gap: Views from the Executive Suite 

    KPMG International, in cooperation with the Economist Intelligence Unit (EIU), commissioned an international research report into the impact of infrastructure on business. Topics covered include:

     

    • How important it is
    • How it affects growth and costs
    • What the critical issues are
    • What needs to be done so businesses and countries can better compete globally.

     

    Three hundred and twenty eight C level executives and board members around the world—almost half of whom are CEOs—were surveyed; 22 percent were located in North America. The results provide valuable food for thought and insight for those trying to come to grips with this vital issue.>p

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    Key Findings:

     

    • Only 14 percent of all senior executives believe that current infrastructure is "completely adequate" in supporting their businesses.
    • A full 90 percent of respondents say the quality and availability of infrastructure directly affects where they locate and expand their business operations.
    • Seventy-seven percent of business executives believe there will not be enough infrastructure investment to support the long-term growth of their organizations.
    • Eighty percent of executives believe governments should partner with the private sector to finance major infrastructure projects.
    • Roads and power generation infrastructure are the most cited priorities by executives globally. Social services infrastructure is also cited globally, while water infrastructure was highlighted by respondents in China and India.