Capital project and infrastructure spending outlook: Agile strategies for changing markets 2016 edition

Global spending growth of 5% per annum on capital projects & infrastructure (CP&I) is projected within four years, doubling the low rates of growth of just 2% expected this year. By 2020, annual global infrastructure spending is forecast to reach $5.3tn, up from an estimated $4.3tn in 2015 (in constant 2014 exchange rates) according to new analysis released by PwC, underlining the long term strength of the sector.

The analysis by Oxford Economics for PwC’s capital projects and infrastructure team examines projected spending across seven regions and six key infrastructure sectors. Given the recent volatility in the market, the report also examines two scenarios against the baseline projection - a high growth recovery and a hard landing in the Chinese economy (given China is the world’s largest CP&I market).