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New infrastructure survey reveals U.S. weakness and need for clear vision 

WASHINGTON, D.C. — CG/LA Infrastructure LLC, the world leader in infrastructure project identification and development, will announce the full results of its annual survey of public and private sector executives on the US infrastructure market, 10 am, Wednesday, October 5th, at the National Press Club. The survey paints a gloomy picture for US infrastructure with scores at all time lows. In terms of a country's ability to develop infrastructure projects, the US is on par with Peru and well below countries like Brazil, India, and China, which compete for scarce infrastructure dollars and expertise.

"We have conducted this survey around the world, and the overall results for the US are startling," said Norman F. Anderson, President & CEO of CG/LA Infrastructure. "Particularly in the wake of President Obama's jobs plan and call for an infrastructure bank, the survey reveals the need for urgent action and a clear infrastructure strategy for the US."

The CIC survey is a CG/LA proprietary tool initially developed with the World Economic Forum to score a country's capacity to develop infrastructure projects. The CIC survey questions respondents on eight fundamental areas for infrastructure project development. Each area is ranked on a scale from one to ten, with scores below seven indicating a failing grade.

Consisting of seven out of eight failing grades in Overall Vision, Public Sector Technical Capacity, Public Sector Strategic Capacity, Great Projects, Leadership, Long-term Project Performance, and Local Equity Capacity, the US scored 43.8 in 2011, compared to Brazil's most recent score of 50.8 and India's score of 51.3. Overall, the scores suggest that the US is falling into second-rate status in the infrastructure arena, becoming a country that does not attract top-flight expertise or resources to its infrastructure business. In particular, responses on questions about leadership and vision yielded lower scores than any previously surveyed country.

However, a glimmer of hope exists with 93% of executives believing business conditions in 2012 will be either the same, or slightly better. Also, there is a confidence in the technical capabilities of the US private sector to build necessary infrastructure projects reflected by the passing grade in Engineering, Procurement, Construction firms (EPC).

 

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After years of ups and downs, cautious optimism greeted 2012. While economic progress lagged in 2011, this year started off with most in the consulting engineering industry adjusting and rising to the challenges of a volatile economy.



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