Private investors line up to support infrastructure projects without Trump

Private investors remain committed to raising money to finance infrastructure in the U.S. despite the Trump administration’s lack of progress on advancing a plan to rebuild America’s roads and bridges. Blackstone Group, a major investment company, said this month that it will move forward with a $40 billion fund to invest in U.S. infrastructure regardless of whether President Trump’s $1 trillion infrastructure promise ever happens. But private equity and infrastructure funding experts say private investment alone cannot guarantee the development of roads and bridges, as well as pipelines and ports.

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Source: Washington Examiner

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