The Global Infrastructure Investor Association (GIIA) investors are prepared to invest funds and provide expertise to upgrade America’s deteriorating infrastructure.

WASHINGTON, March 25, 2025 – According to the 2025 Report Card for America’s Infrastructure, released today by the American Society of Civil Engineers (ASCE), the United States received a “C” grade overall. The report also indicates an estimated $3.7 trillion infrastructure investment shortfall. Transit and energy infrastructure, vital to the economy, received a “D,” which raises concerns.

“This report card underscores the necessity for all levels of government to discover innovative approaches for increased and sustained infrastructure investment across the United States in the years ahead,” stated Jon Phillips, CEO of the Global Infrastructure Investor Association (GIIA). “Taxpayer funds alone are insufficient to finance the safe, reliable, and modern infrastructure required by the world’s leading economy. Investment managers and pension funds offer global knowledge and substantial capital to efficiently and effectively address this need.”

Mr. Phillips is scheduled to speak today at the ASCE Solutions Summit on a panel, where he will emphasize the potential of private investors to bridge the U.S. infrastructure investment gap. GIIA is the representative body for the world’s largest private infrastructure investors. However, the U.S. market comprises only 25% of its members’ global assets. Investors are willing to collaborate with forward-thinking government partners to accelerate infrastructure revitalization and meet America’s needs.

Private investment has a demonstrated history of providing secure and dependable infrastructure without placing a burden on taxpayers or increasing deficits at the federal, state, and municipal levels. For instance, Virginia successfully upgraded its I-495 Express Lanes with $280 million in private equity capital using a public-private partnership. This project was completed on schedule and within budget, successfully reducing travel time while also generating 31,000 local jobs, awarding contracts to small businesses, and saving taxpayer money. By facilitating more public-private partnerships to finance and manage infrastructure projects, the United States can access the necessary capital and expertise to rapidly modernize infrastructure, with costs distributed over the long term.

While some progress has occurred since the previous ASCE Report Card, significant infrastructure demands remain, especially concerning transit and energy infrastructure, which are both crucial for U.S. jobs and the economy.

“The Administration and Congress should empower and encourage state and local governments to pursue innovative methods of attracting private investors. This would significantly boost available funding and expedite efforts to address the substantial infrastructure investment backlog,” said Phillips. “Harmonizing permitting processes across federal, state, and municipal levels would be a positive step, as would providing funding for state and local P3 offices, asset inventories, and regional accelerators.”

About GIIA

GIIA was founded in 2016 to enhance communication between members, politicians, policymakers, and regulators to promote increased infrastructure investment. We currently represent the world’s foremost infrastructure investors and advisors, collectively overseeing US $2.04 trillion in infrastructure assets across 68 countries. Our membership of over 100 organizations are investing today to deliver smart, sustainable, and innovative infrastructure for communities and economies to prosper.

SOURCE Global Infrastructure Investor Association

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