Emerging markets infrastructure series

Emerging markets

What did we discover?

Emerging markets
infrastructure series

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Industrial and urban growth in the emerging markets has led to unprecedented investment plans in infrastructure. This is creating opportunities for infrastructure operators, engineering and construction companies, private materials, and financial firms.

In fact, 59% of CEOs say they see emerging markets as more important than developed markets to their future, according to PwC's 15th Annual Global CEO Survey. While there are common drivers of infrastructure growth across emerging markets, such as the need for new infrastructure and the goals of sustaining economic growth and handling rapid urbanisation, the environment and challenges vary widely.

In PwC's Emerging Markets Infrastructure Series, we provide insights on the goals, challenges, risks and opportunities associated with emerging market infrastructure developments.

Key findings

“Today’s corporate leadership worldwide has a global mindset honed by time spent on extended expat assignments. Living and working in an emerging market opens the door to new ways of working and new possibilities as resource constraints demand flexibility and openness to change."

Dennis Finn, PwC Global Human Capital Leader
According to Manpower Group, the top five jobs that proved most difficult for global employers to fill in 2011 included technicians, engineers, skilled trade workers, and laborers — all critical to the infrastructure sector.

For emerging nations such as China, India and Brazil, the risk of talent shortages is exacerbated by the fact that they are entering a new stage in their development.

“Given the enormous appetite for talent in emerging markets, many companies have no choice but to import employees from the developed world,”

Dennis Finn, Global Human Capital Leader for PwC.
Chinese engineers can easily go West to Silicon Valley and other alluring talent magnets, just as Western architects can relocate to Shanghai. As a result, companies will be obliged to compete both domestically and internationally for a finite supply of talent.

Countries that hope to win this global talent war will not only need to invest wisely in education and training — they will also have to enhance the quality of life, improving everything from urban safety to public transport and green spaces.

Contacts
Richard Abadie
Global leader
Capital projects & infrastructure
Tel: +44 (0) 20 7213 3225

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