Increased Private Sector Participation In Oceania

Fiscal and infrastructure concerns have increasingly spurred Oceanic states (particularly Australia, New Zealand and Fiji) to turn to greater private sector participation in the development and ownerships of public assets, particularly infrastructure assets. While these attempts at privatisations are not without risks, negative voter sentiment to increasing debt levels, pressing needs for funds to fuel capital expenditure and deteriorating fiscal outlooks suggest that this trend of greater private sector involvement in public services can only accelerate in 2014 and beyond. This week, we are joined by Daniel Gan, our Senior Asia Infrastructure Analyst, as well as Esther Ye, our Asia Country Risk Analyst, who are both here to discuss this growing trend towards greater private sector participation in infrastructure projects.