KPMG

Deal values for global transactions of transport infrastructure assets including airports, ports and road operations have risen steeply since the beginning of the year with 2013 poised to be a record year for transport infrastructure deals, according to an analysis by global advisory firm KPMG. The first half of 2013 saw global deals of infrastructure assets worth US$16.6 billion, by the end of the third quarter this figure had risen to US$23.5 billion, which already exceeds total annual deal values fo

The automotive industry appears to be on the cusp of revolutionary change, which will be engendered by the advent of autonomous or ‘self-driving’ vehicles - and the timing may be sooner than you think, according to a new report unveiled by KPMG and the Centre for Automotive Research (CAR).

Sri Lanka’s Airport Express Air and Rail (AEAR) is planning to build the first rapid transit metro system in the country at a cost of US$600 million. US-based Louis Berger and India-based KPMG Mumbai have been hired to conduct a technical study and a feasibility study for the project. Construction is scheduled to start in early 2013 after approvals are granted and the studies are completed. The system is scheduled to be operational by 2016.