Most C-level executives participating in a recent KPMG International survey believe the current level of infrastructure investment is insufficient to sustain the long-term growth of their organizations. Of those surveyed, only 14 percent of business leaders believe the presently available support infrastructure is adequate.
Analysts estimate $2 trillion per year will be spent globally on infrastructure until 2015, but executives worldwide worry that the investment will not be enough. Business leaders in Eastern Europe and Asia Pacific were the most focused on the issue, with 89 percent and 84 percent, respectively, expressing concerns. The study also revealed a high level of uncertainty in mature markets, with 74 percent in the United States and 64 percent of executives surveyed in Western Europe sharing the same concerns.
According to the survey, infrastructure will be rising in importance over the next five years, and the availability and quality of infrastructure will directly affect where executives locate and expand business operations. The majority of business leaders surveyed believe roads and power generation are the most pressing infrastructure needs, with 66 percent of those surveyed saying transportation and energy/power supply infrastructure are resulting in increased operating costs.
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