Infrastructure and Investment
World-wide, infrastructure projects account for approximately $9 trillion of spending annually and are the foundation upon which further economic growth occurs. However, global infrastructure spending is projected to face a funding gap of $15-20 trillion over the course of the next 15 years. The increasing level and expanding nature of international investment flows speak to the recognition by host governments — particularly in developing markets — of the critical contribution of international investors to sustainable development.
With that in mind, B20 Turkey continued the Infrastructure & Investment priority area pursued under the Australian presidency. The taskforce is dedicated to the study and promotion of policies beneficial to the advancement of infrastructure as an asset class. It is also working toward creating a sound, predictable set of rules to govern foreign private sector investments.
This year, the Infrastructure & Investment Taskforce has close to 190 members, and has the following leadership structure:
|Business Network Partner||
In light of B20 Turkey’s focus on continuity and implementation, the policy development process began by reviewing last year’s recommendations. The taskforce is actively discussing which recommendations to prioritize and which new recommendations to include. Each recommendation is researched and debated within the taskforce as part of the process for generating a final list of recommendations.
The Infrastructure & Investment Taskforce is now compiling a short list of issues it is going to highlight and make recommendations for at the G20 summit. These issues can be grouped in three broad areas:
- Development of national infrastructure strategies linked to national growth aspirations
- Improvement of the investment ecosystem and setting the basis for infrastructure as an asset class
- Promotion and protection of cross-border investments
To advance these causes, the taskforce is currently collecting input from dozens of international business leaders and experts. Taskforce members also continue to test the feasibility of each recommendation with policy-makers in their countries. These recommendations are intended to help and guide policymakers world-wide who are committed to fostering social and economic growth in their respective countries.
Distribution of Members
Schedule of Meetings
|9 February||İstanbul||Kick Off Meeting|
|9 March||Teleconference||1st Taskforce Teleconference|
|17 April||Washington, D.C.||1st Joint Taskforce Meeting|
|2 June||Paris||2nd Joint Taskforce Meeting|
|6 July||Teleconference||2nd Taskforce Teleconference|
|3-5 September||Ankara||B20 Conference|
|14-15 November||Antalya||B20 Summit|