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The Changing Face of Infrastructure
Public Sector Perspectives
Stimulus is only a start in meeting pressing infrastructure needs
New research from KPMG International ("KPMG") conveys concern over the lack of stable, sufficient long-term financial resources for crucial infrastructure investment. The report urges the public and private sectors to improve collaboration so that they can deliver additional infrastructure more effectively.
Key Insights
- Stimulus money is not eliminating the pressing need for infrastructure funding; 70 percent of North American respondents say lack of funds remains the largest obstacle to infrastructure development
- The politicization of infrastructure delivery and inconsistent political will are creating investment uncertainties and hampering effective delivery
- Public sector officials acknowledge that government effectiveness is a serious issue; it was cited by 82 percent of North American respondents as a significant barrier to delivering infrastructure
- Ineffective control, accountability, and transparency measures are hurting the ability of governments to deliver infrastructure
- Public sector respondents believe that collaborating with the private sector could lead to better infrastructure, but cultural differences stand in the way for half of North American respondents.
About the Research
Commissioned by KPMG and conducted in cooperation with the Economist Intelligence Unit, The Changing Face of Infrastructure: Public Sector Perspectives is based on a global survey of 392 senior public sector officials involved in infrastructure policy, procurement, or development. This total includes 126 respondents based in North America (32 percent).
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