Friday, July 17, 2020

Industry super giant IFM Investors ready to pump "billions" into COVID-19 recovery infrastructure - I speak with IFM chief executive David Neal

One of the world biggest investment fund, the industry super owned IFM Investors, wants to "supercharge" infrastructure projects to support Australia's economy recovery in the post-pandemic world. 

IFM chief executive David Neal tells ABC's Peter Ryan the $160 billion fund has "billions of dollars"  standing by for major projects but wants local contractors to get preference ahead of multinationals companies to reduce exposure to taxpayers when projects become distressed.  




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