The word infrastructure derives from the French “infra” meaning below or beneath, and “structure” meaning something constructed. Infrastructure is the physical assets that form the foundation of an economy. Society benefits from good infrastructure and the quality of infrastructure is often a key determinant of economic development.
has an excellent track record in this regard. In the past 20 years, they have not had a single year of negative earnings in contracting . Concessions of public infrastructure have long been a part of their activities and started with water and sewage networks in the 19th century.
’s roads carry daily commuters, intercity business and leisure trips and freight. Their network links Paris, Spain and Italy, with very few alternative toll-free options. This is a key transport network for both the French and European economy. The defining feature of these concessions is the high visibility of above inflationary cash flow growth.
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