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By Colin Wood2019-02-08T12:00:00
Closing this investment gap provides an opportunity to investigate alternative funding models for our future infrastructure projects, says Aecom’s Colin Wood
A clear pattern in the results of Aecom’s recently launched Future of Infrastructure 2019 Report was a desire from the public to be more engaged and play their part in delivering better infrastructure. London, for example, was one of several international cities where residents would be willing to pay higher taxes to fund improvements.
While this willingness is encouraging, the public purse cannot finance the city’s much-needed infrastructure upgrades alone. Indeed, government estimates propose that almost £500bn is required to bridge the UK-wide infrastructure funding gap.
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