Tue, Jun 18, 2013
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Finance and Risk

French insurer AXA has announced it will invest €10 billion (£8.5bn)in infrastructure over the next five years through the debt platform of its real estate arm.

The CBI is calling on the Chancellor to take urgent steps to galvanise infrastructure investment in this month’s spending round, warning that failure to act will put the fledgling recovery at risk.

IFC, a member of the World Bank Group, is providing a $70 million loan to China Everbright International Limited, a leading investor and operator in environmental friendly businesses, to build three water plants in China. The project will further develop China’s water sector and promote water efficiency in the country.

A new report by the UN International Strategy for Disaster Reduction (UNISDR) and PwC is warning that large multinationals' dependencies on international supply chains, infrastructure and markets poses a systemic risk to 'business as usual'.

 

Global water services are potentially at risk from the challenges associated with ageing assets and infrastructure as water companies struggle to balance budgetary constraints with the need for ongoing capital investment, according to a new report published this week.

 

Chinese enterprises have been playing an important role in the cross-border M&A arena, with deal values increasing from US$10.3 billion in 2008 to a record high of US$65.2 billion in 2012, more than five times growth over the past five years, according to announced data and analysis by global consultancy group PwC. 

Ofwat’s proposal to introduce total expenditure (totex) benchmarking, performance incentives and cost recovery mechanisms of water companies' cost submissions is not designed to address potential financeability concerns, according to Moody’s Investor Services.

A new report for the Civil Engineering Contractors Association has reinforced the need for infrastructure investment to strengthen the UK economy – the country is now falling seriously behind other global economies.

 

The Pensions Infrastructure Platform (PIP) will shortly open invitations for Expressions of Interest (EOI) for investment managers.

The volume of construction output in the UK is now estimated to be at its lowest level since 1998, according to the latest ONS figures.

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