According to the World Bank’s Global Infrastructure Facility, the unmet demand for infrastructure around the world is estimated to be above $1 trillion per year. Meeting the financing need for bankable and sustainable projects is a priority, for both governments and the private sector.
Bechtel’s Andrew Patterson, region president, Africa, and notable industry experts, will discuss how to address these challenges during a panel session entitled, “Investing in Sustainable Infrastructure,” on Wednesday, April 13th, from 2:00-3:30 p.m. EST at the Center for Strategic and International Studies (CSIS), in Washington, DC. Patterson will specifically address what is needed to make projects bankable in Africa, the added value of the international finance institutions and other key stakeholders, and of the types of infrastructure models that are right for driving long-term growth and development in Africa.
Other participants include:
- John Graham, principal investment officer, Infrastructure and Energy Division, Inter-American Investment Corporation
- John Moran, vice president, Insurance, Overseas Private Investment Corporation
- Mini Roy, managing director, head of Public Sector and Development Organizations, Americas, Standard Chartered Bank
- Daniel F. Runde, Director, CSIS Project on Prosperity and Development, will moderate the session
“Many African governments face financing constraints and budgetary restrictions,” said Patterson. “Funding from private and public financial institutions is critical to advance infrastructure projects and promote sustainable development in the region.”
Follow the conversation about the importance of sustainable infrastructure on Twitter during the event Wednesday with the hashtag #Build100.