With global population and eonomies growing, demand for reliable infrastructure is increasing as well. Maintaining the functionality of existing infrastructure systems is therefore just as essential as investing in new and, above all, sustainable infrastructure. As public budgets are limited, the private sector is becoming more and more important in the development of new infrastructure systems.
Functioning infrastructure – a prerequisite for sustainable development
Providing reliable, functioning infrastructure plays a central role in global economic development but proves challenging in many developing and emerging countries. However, it is precisely in these countries that the demand for modern infrastructure systems is by far the greatest. The World Bank estimates that up to 2030, investments of up to USD 1.3 billion per year will be needed in these regions. This is where OeEB wants to start and make its contribution to improving living conditions.
Sustainable infrastructure for a vibrant economy
Infrastructure has been included as a new focus of work in the strategic cycle 2019-2023. We limit ourselves to the financing of private, economic infrastructure (in contrast to public, social infrastructure such as public schools or hospitals) and focus especially on the following types of infrastructure:
1. Sustainable transport infrastructure
2. Information and communication infrastructure
3. Supply and disposal infrastructure
When financing infrastructure, we pay particular attention to sustainability, quality, climate protection and sustainable planning throughout the entire lifecycle. Austrian companies have a great deal of know-how in these fields. The private infrastructure projects we support can provide attractive opportunities for these businesses to get involved on several levels.