In 2022, the issue of inflation is particularly acute. Coming off the back off supply chain disruption and material shortages caused by pandemic-related lockdowns, coupled with governments around the world all turning to infrastructure investment to provide a post-pandemic stimulus.
The rising rates are putting the delivery of infrastructure pipelines at risk by sending predicted costs of construction and labour spiralling and increasing the cost of available finance.
With many countries ramping up infrastructure investment, how they build resilience and flexibility into their systems will be crucial for delivery – not least because many of those projects are needed to achieve key long-term objectives such as the transition to low carbon economies.
At this roundtable, chaired by ICE President Ed McCann, attendees from the UK, Hong Kong, Australia, New Zealand and the Middle East discussed:
- The drivers behind the rise in inflation,
- The potential impact of higher costs on infrastructure pipelines, and
- What measures different players across the sector could take to manage the risks.
Presidential Roundtable summary: What impact will inflation have on global infrastructure pipelines?
Content type: Policy
Last updated: 18/05/2022