Island praised for lack of debt, targeted planning
Thursday 18th March 2010, 2:30PM GMT.
GUERNSEY has been praised in research carried out by KPMG.
The report, Island Economies and their Infrastructure, An Outlook 2010 and Beyond, shows how future investment in infrastructure is critical to meeting growing expectations of public services and to ensure continued prosperity.
Ashley Paxton (pictured), KPMG’s head of advisory for the Channel Islands, said that there was clearly a significant competitive advantage for those governments with a strategic approach to infrastructure development.
‘As Guernsey faces up to a number of major infrastructure projects, it is in an advantageous position – it has no external debt and a targeted planning approach with its strategic plan.’
The KPMG research, conducted with data and information support from Island Analysis, covered 16 island jurisdictions, including Guernsey, Jersey and the Isle of Man.
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