WASHINGTON/BALTIMORE (BBN) – President Donald Trump plan to spend up to USD 1 trillion upgrading US infrastructure has triggered the first serious bipartisan debate in Congress whether the United States should establish a National Infrastructure Bank and/or national bond authority and new infrastructure investment by domestic and foreign players like Washington, DC’s The Carlyle Group and Melbourne, Australia-based Transurban Group (ASX:TCL).
[The Carlyle Group co-CEO Glenn Youngkin on why US Infrastructure is “greatest emerging market opportunity” in the world at America’s Infrastructure Summit: A Time to Modernize at US Chamber of Commerce in Washington, DC. January 18, 2018]
The Carlyle Group co-Chief Executive Officer Glenn Youngkin said he always tells major foreign funds who love to invest in emerging markets that the “greatest emerging market opportunity around the world today is to invest in US infrastructure. Rule of law, accountability of a work force, the dependability of construction and we have such a nascent industry investing in something which is our greatest need . This why we are getting so excited.”