The City of London will remain a global centre for infrastructure investment and project management even after Britain leaves the European Union, according to new research from City of London Corporation. The report, launched by Lord Mayor Charles Bowman at a Commonwealth Business Forum on Tuesday,...

The City of London will remain a global centre for infrastructure investment and project management even after Britain leaves the European Union, according to new research from City of London Corporation.

The report, launched by Lord Mayor Charles Bowman at a Commonwealth Business Forum on Tuesday, claims the City’s role in investment looks set to grow post-Brexit as governments look to the private sector to finance infrastructure projects in the face of budgetary constraints.

As a central hub for asset management, project management, insurance, legal services and green finance, the City is in a unique position to fill a $1 trillion global investment gap, according to the report, which also flags a 116% increase in the number of institutional investors in infrastructure over the last five years.

London serves as the largest centre for infrastructure finance in Europe and beyond, responsible for 25% of the EMEA infrastructure loan market from more than 36% of European assets under management based here in the UK – or more than £8.1 trillion.

London also serves as a key global centre for raising capital, with more than $10 trillion being raised on the London Stock Exchange over the last decade, and more than 13,000 debt instruments such as bonds being listed on the LSE.

Speaking at the forum at Mansion House, the Lord Mayor said the research highlights why infrastructure finance is one of the City’s key strengths.

“The financing of projects around the world through London is the logical step for many companies because of our unprecedented cluster of professional services – underpinned by our rigorous focus on the rule of law – that makes the City a one-stop-shop for global businesses.

“It is reports like this that make me hugely confident for the City’s future even after we exit the European Union – we will continue to serve as the world’s centre for infrastructure finance for decades to come.”

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