This PwC report, for which Oxford Economics provided research support, forecasts capital project and infrastructure spending that is likely to take place around the world through 2025. Specifically it looks at capital project and infrastructure spending across 49 of the largest economies, covering 90% of the of the world's economic output and 95% of fixed investment spending, across six continents and at all levels of income.
The global economy rests on the backbone of capital projects and infrastructure that enable businesses and people to produce goods, manage data, and move commerce around the world. While many studies have looked at the need for significant new investment in infrastructure, this report produced by PwC and Oxford Economics forecasts the actual spending that is likely to take place around the world through 2025.
Our definition of infrastructure is wide-ranging, encompassing a number of broad sectoral groupings and economic activities. We cover the sectors traditionally classified as infrastructure such as transportation and utilities, but also analyze enabling capital projects in sectors such as extraction, manufacturing, and social infrastructure. This analysis was completed over the second half of 2013 and early 2014, incorporating all available information at that time.