CG/LA Infrastructure, LLC has released its latest “Global Infrastructure 2030 Report,” which found global infrastructure demand in 2030 will exceed $3 trillion/year, up from $1.2 trillion in 2010.

“We are at an inflection point,” says Norman F. Anderson, president and CEO, CG/LA, a leader in strategic infrastructure project identification and development. “At current investment levels, the U.S. infrastructure market will decline to less than 10 percent of the world market by 2030.

Anderson says CG/LA's model shows that with the creation of a National Infrastructure Bank — an agency that has received initial funding in the Obama Administration's budget — the United States will increase spending on infrastructure from the current 1.3 percent of GDP level to a competitiveness level of 3 percent, which would be more than 20 percent of the global market share in 2030. 

“The effects a National Infrastructure Bank would have on our economy are truly extraordinary, steadily increasing infrastructure investment from today's level of roughly $160 billion to a level of $690 billion per year (in 2005 dollars) by 2030,”Anderson noted.

The report also found:

* China's share of global infrastructure spend will exceed 28 percent of the total, with the expanded EU making up 20.7 percent (the U.S. share, at current levels, will fall to 11 percent — or with a National Infrastructure Bank, reach as high as 21.6 percent.
* By 2015, global demand will be greatest in highways and bridges ($472.9 billion), but growth will be greatest in electricity transmission, the “Smart Grid” complex ($276.1 billion), and urban mass transit ($137.3 billion).

CG/LA released its report in advance of the upcoming North America Strategic Infrastructure Leadership Forum, to be held from September 22-24, in Washington, D.C. The forum will present the Top 100 North American strategic infrastructure projects, with an overall value of nearly $500 billion. The forum features the most important projects for increasing U.S. competitiveness and generating jobs; projects are presented by their developers, across 10 infrastructure sectors.
For complete details, visit www.cg-la.com.