Coronation Group has unveiled its maiden Infrastructure Report
The Infrastructure Report, produced through extensive research, explores the topic of infrastructure financing in depth. It highlights the growing trend of private sector involvement in infrastructure projects, both in Nigeria and globally.
Over the years, private sector investment amid limited availability of public funds has emerged as a catalyst for bridging funding gaps as well as unlocking infrastructure projects that spur innovation, create jobs, and stimulate economic activity.
The report examines the changing landscape of infrastructure development, as occasioned by the increasing involvement of the private sector. It highlights the essential nature of private sector involvement in infrastructure projects and the significant impact these investments can have on the wider economy. The report also highlights how investing in infrastructure can help transform economies, drive economic growth and societal advancement.
Through in-depth analysis, the Coronation Infrastructure Report meticulously identifies key challenges and opportunities in infrastructure development, providing stakeholders with invaluable insights. From aging infrastructure to new technologies, the report covers a spectrum of sectors and offers practical solutions and best practices to drive progress.
In recognizing the transformative power of private sector financing for infrastructural development, the report highlights the importance of fostering an enabling environment that encourages private-sector participation
The managing director of Coronation Asset Management, Aigbovbioise Aig-Imoukhuede pointed out the significance of the report emphasizing is role as an important tool for promoting dialogue on infrastructure financing across Africa.
“With infrastructure playing a critical role in driving economic growth and societal development, the report catalyzes informed discussions. By shedding light on the challenges and opportunities in infrastructure financing, it lays the groundwork for efforts to address Africa’s infrastructure needs and unlock its full potential” he stated while emphasising the importance of infrastructure in driving economic growth and improving the lives of people across the continent.
Guy Czartoryski, Head of Research at Coronation, highlights the profound commitment embedded within the Infrastructure Report to deliver comprehensive insights into the infrastructure investment landscape.
Czartoryski described the report as a beacon of knowledge that guides stakeholders through the intricate and often confusing world of infrastructure financing. He noted that by analysing the complex dynamics of infrastructure investments in detail, the report provides a wealth of knowledge and insight for those working in the sector.
The head of research also urged the federal government of Nigeria to provide incentives that would encourage more private sector players to participate in infrastructure financing
The release of the Coronation Infrastructure Report, is an initiative that signals the commitment of Coronation Group to building a more resilient, exhaustive and prosperous future.