The best of the alternatives in 2011

Haran Arumugam, analyst, Prudential’s PMG We think this year has been an important one for infrastructure. Infrastructure is broadly defined as asset-heavy industry providing essential public services. They tend to be highly regulated and cash generative, such as transport and utilities. Today, governments around the world are considering infrastructure spending and investment to boost flagging economic growth. Some others are looking to balance the books by selling previously state-owned assets. Over the past 15 years some 700 PFI (Private Finance Initiative) projects have been procur...