Following a countrywide slump for infrastructure projects during the financial crisis, the Australian state of New South Wales (NSW) is displaying signs of promise. Thanks to its application of new financing models and regulatory rigour, NSW’s economic growth is outstripping the G20 average.
In turn, NSW has become a blueprint for regional regeneration. In a blog contribution for the World Bank, Mar Beltran, S&P Global Ratings’ senior director and sector lead for EMEA infrastructure, describes the turnaround.
To read the blog, please click here.