Transport drives infra deals

Transport projects have been at the forefront of global infrastructure projects over the past 12 months, according to a new report.

Figures compiled by consultancy KPMG have found that transactions involving airports, roads and port operations have increased considerably since the start of the year.

"Public budget restraints across debt ridden countries especially in Europe have forced national governments to privatise national infrastructure and look for private operators and investors in order to secure the operation of strategic transport infrastructure and hub networks," explained Steffen Wagner, European head of transport M&A at KPMG.

He added that interest from pension funds and strategic investors in infrastructure is currently high, which has helped fuel the trend.