November 2012 Issue

In his first term, Governor Luis Fortuño reinvented Puerto Rico as a pioneering infrastructure state in order to stave off fiscal ruin. Now fighting for re-election, the erstwhile corporate lawyer is adamant: privatisation is here to stay—and Puerto Rico is proof. Chris Glynn reports

Carlos Robles Gil, managing director at Boston Infrastructure Investments (B2i), examines the prospects for Mexican infrastructure during Peña Nieto’s administration.

Europe’s bad fortune has been Asia’s opportunity, as infrastructure players from the region have risen to fill the funding gap. Japanese organisations have been at the forefront of this change, writes Mirzaan Jamwal

Latin America’s commodity boom has enabled it to weather global economic woes. This has enabled the region to continue upgrading its infrastructure, including through public-private partnerships, explains David Delman of Hogan Lovells.

Despite its solid financial and legal system and a long history of awarding transport concessions, Colombia is currently uncompetitive when it comes to road and rail. Luis Fernando Andrade Moreno tells Bruno Alves how a $20bn-plus programme will change that.

Access Capital Advisers helps builds portfolios on behalf of a group of Australian superannuation funds. Stephen Burns and Don Conway tell Andy Thomson how the firm’s investment model works in practice

The UK PFI primary market may be on its last legs, but the secondary equivalent is one of the most profitable games in town. So much so that it’s attracted government scrutiny.

The new procurement model set to be unveiled in the UK Chancellor’s autumn statement may not herald the flow of new projects that private investors are hoping for. Introducing more widespread charging on the country’s roads could change that, but would constitute political dynamite.

Social infrastructure is a growing priority within Gulf Cooperation Council (GCC) countries. Mubadala’s Saed Asaad Arar provides insights into what’s driving opportunities in the UAE and wider region

The key to financing the US’ much-needed infrastructure improvements may reside in a hybrid model, combining elements of the P3 with more traditional elements, maintains Masood Sohaili of DLA Piper

It was an active third quarter for project finance in the UK and US as the global market declined.

With 2012 coming to an end, it is looking likely that it will be remembered as the year the infrastructure debt market truly took off.

The AP36 Ocana-La Roda has gone bust, following last month’s bankruptcy of Madrid’s R4 ring road.

Infrastructure Australia has called on governments across the country to consider selling several billions of dollars worth of ports, airports, power and water assets.

Last year, infrastructure was a buzzword in Washington and on Main Street. Be grateful no one is talking about it in 2012.

The Pensions Infrastructure Platform has the support of six of the UK’s largest pensions as it steps out from the UK government’s shadow.

Transport Minister Simon Burns has indicated the government is expecting to use the public purse for the lion’s share of the £33bn required to build the UK’s second high-speed rail line.

Applying a regulated asset base to UK roads could fuel much-needed private investment. Putting such a model in place, however, is much easier said than done.

Toll roads? You have to see the funny side.

Henry Rollins made a name for himself in 80s punk band Black Flag. He visited Harrisburg in October to perform his stand-up routine to the cash-strapped Pennsylvania capital.

Ferrovial has killed off the BAA brand name. Maybe it wants to stress to the UK watchdog this is one asset that it definitely intends to keep.