Policy

With the backing of other APEC countries, the two nations are looking to form a regional infrastructure financing market. 

The central government is trying to absorb some of the risks and variability of large infra projects for the private sector.

A third of that will be used to develop transportation and communications infrastructure through to 2018.

The South Asian nation is one step closer to having new PPP regulation.

A trade body has sued the government over its February retroactive cuts to the renewables sector and regulated transmission assets.

President Barack Obama cited the Port of Miami Tunnel P3 as emblematic of his infrastructure plan.

Maryland has a touch-and-go relationship with enabling legislation. HB 560 is the latest manifestation of a would-be P3 programme.

The government is calling on pension funds, insurers, debt funds and other players in the private infrastructure debt market to give it feedback on how bonds could be used to fund new concessions. 

Nepal is moving to embrace private sector infrastructure funding in a break with its reliance on the national budget. The International Finance Corporation is pledging to help.

Managing inflation is in. But UBS global infrastructure chief Paul Moy (pictured) warns against simplistic notions of infrastructure's hedging power and says the asset class is no panacea.