Business 20 concentrates on stimulating investment

Kirill Dmitriyev, Chair of the Business 20 Task Force on Investments and Infrastructure, spoke of the role of cross-border and infrastructure investments in promoting global economic growth at a briefing at the G20 International Media Centre. Mr Dmitriyey identified economic slowdown is the main challenge facing the world today - affecting the level of cross-border investment and investment in infrastructure projects. Five years ago, cross-border totaled $12 trillion; now this figure is down to $5 trillion. Mr Dmitriyey identified the need for $60 trillion in infrastructure investment around the world until 2030. Mr Dmitriyey advised that barriers that hamper the flow of capital need to be removed, private investment in infrastructure projects needs to be simulated and investment made more effective.

Originally Published: 
05/09/2013