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Infrastructure + Get AlertsThe U.S. is one of the top 10 most attractive markets in the world for investment in infrastructure, according to a report from ARCADIS, a global design and consultancy firm. It's the first time the U.S. has ranked in the top 10.
The report ranks 41 countries by their attractiveness to investment in infrastructure. The study looks at several criteria, including the ease of doing business in each market, tax rates, GDP per capita, government policy, quality of existing infrastructure and availability of debt finance.
One major reason why the U.S. jumped three spots from last time the report was released in 2012 to No. 8 this year is the ongoing need to rebuild or maintain aging infrastructure like public transportation, roads and water systems. Turkey suffered the biggest drop, falling four spots to No. 28.
The report cites estimates from the American Society of Civil Engineers pointing to the need to rehabilitate $3.6 trillion in assets by 2020 against a budget forecast of $2 trillion.
Here's a list of the top 10 countries listed in this year's ARCADIS report:
1. Singapore
2. Qatar
3. United Arab Emirates
4. Canada
5. Sweden
6. Norway
7. Malaysia
8. United States
9. Australia
10. United Kingdom