Infrastructure: from investment backwater to a $1tn asset class

Contributing sentiments towards policy:

60% : Adebayo Ogunlesi, for example, who in his days as a top Credit Suisse banker often sat opposite Dorrell and Vichie during negotiations, created Global Infrastructure Partners with the support of the Swiss bank in 2006.
57% : "I have never been so nervous in my life," says Dorrell.
46% : The existence of large municipal debt markets, which carried tax advantages for domestic investors and generated funding for public bodies, meant there was less financial incentive to privatise.
42% : But many of these heavily indebted operators have attracted public and political opprobrium for delivering poor customer service, polluting waterways and failing to invest in new assets -- all while showering their overseas owners with dividends.
40% : Federal and state governments were less likely to sell assets, fearing a political backlash.

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