Infrastructure projects and ratesThe selection of major infrastructure projects relies on an economic analysis which compares benefits over the life of the infrastructure to life cycle costs (design, construction, resettlement, environmental and social measures, supervision, operations and maintenance, rehabilitation, etc ).
The present discounted value of those expected future net benefits increases exponentially with lower rates, making it easier to justify economically speaking of course, whether the owner is a public agency or a private corporation.
In addition, the cost of borrowing in lesser to the owner.
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