Skip to Site Navigation | Skip to Content

Fitch Ratings urges new infrastructure investment model

Fitch Ratings urges new infrastructure investment model

Transportation Today
BY DOUGLAS CLARK  |   FEBRUARY 24, 2020  

The credit rating agency Fitch Ratings maintains government plans to renew and advance the nation’s infrastructure should begin with a new model.

A results-oriented, objective and strategic approach to investment, along with responsible stewardship of the public purse, are paramount, according to Fitch Ratings officials. Increased spending without a strategic, comprehensive approach to infrastructure investment based on national priorities will not go far in addressing the continued deterioration of critical economic assets.

The effort to address infrastructure needs requires a significant increase in yearly new investment, per the Fitch Ratings assessment – which notes prior government funding proposals have not been as robust as needed, suggesting up to $200 billion in new investment annually... FULL ARTICLE

No comments (Add your own)

Add a New Comment


code
 

Comment Guidelines: No HTML is allowed. Off-topic or inappropriate comments will be edited or deleted. Thanks.