I have returned from a fantastic week covering the International Transport Forum in Leipzig, Germany. Here's a story that ran in the Wednesday's edition of the Fort Worth Star-Telegram about the 54 nations approving a declaration in support of private investment in roads. Among the speakers was a chief executive at MacQuarie Group Ltd., one of the world's top private transportation investment firms - and he said the universe of pension, equity and other funds available for investment in infrastructure for pretty much any nation that wants to take advantage of it is in the neighborhood of $27 TRILLION.
That's so-o-o- much money, one has to wonder if it's enough to literally solve the world's congestion problems ... or at least put a serious dent in them. But do we want that much private investment in roads? Do we want any more investment than we already have?
I found the trip to Germany to be a fantastic learning experience, and over the next several weeks I hope to write some more stories that explore these funding issues.
In the mean time, please consider these initial stories a conversation starter, and send me a note to email@example.com if you'd like to ask any questions or suggest a story idea.
p.s. To pay for the trip to Germany, I was one of 35 journalists from around the globe (3 in the U.S) awarded a grant from the International Transport Forum's media travel programme.