What is infrastructure?

Infrastructure has always served as the underlying foundation to businesses, regions, and nations, having long been regarded as a predictable and reliable asset class. However, at a time where the pace of change of socio-economic and technological advancements is continuing to accelerate, so too has the definition of infrastructure - which has far exceeded its initial scope.

Infrastructure is no longer simply about roads and buildings. The term now encompasses a wide range of innovations, technologies, and assets that help people connect, drive economic growth, and provide essential services in our daily lives. This change, therefore, drives the need for a modernized definition of infrastructure from an investor’s perspective.

KPMG's Investors' guide to defining infrastructure leads investors closer to today’s modern definition of infrastructure. This guide offers a new framework for investors to follow when asking "is this an infrastructure asset?”, while providing an overview of how to apply the new definition across key infrastructure asset classes when identifying and evaluating new investment opportunities.

Adopting this expanded view of the infrastructure definition can help investors broaden their infrastructure investment landscape. Read more in the guide below about the modern infrastructure definition and the application for today’s investor.