NORTHAMPTON: Investment in infrastructure is an important element for economic prosperity. Investment in infrastructure provides ground for sustainable, balanced and inclusive growth.
The demand for infrastructure investment has not been met with adequate supply, resulting in a huge gap in financing new and existing infrastructure needs. The Asian Development Bank (ADB) has estimated that $1.7 trillion a year is needed by 2030 to bridge the infrastructure gap in Asia alone.
While huge emphasis has been laid on bridging the infrastructure gap, there also needs to be equal, if not more, attention paid to investment in quality infrastructure. Read more….
Chart of the Day
In today’s video I share some clips from one of Ray Dalio’s latest interviews. Ray Dalio, the founder of Bridgewater Associates, sat down for 30 minutes to answer questions at the Goldman Sachs conference and answered questions on a variety of topics including how the average person should invest in 2021.