Deloitte today announced a three way expansion of its Corporate Finance group, through a merger with the highly regarded Insight Economics, the signing of a Queensland-based team of senior infrastructure project delivery specialists, and the return from London of Michael Jenkins, a specialist in the financial modelling of large scale infrastructure projects and transactions.

 

Deloitte CEO Giam Swiegers said, “Australia faces critical challenges over the next few years with economic and social infrastructure such as water, energy, road, rail, port, resources, defence, education and health.

 

“Governments around the world are increasingly partnering with banks and private sector companies to resolve these challenges as well as respond to the emerging opportunities in renewable energy, carbon credit trading and green fuels.

 

“The merger and acquisitions announced today will bolster Deloitte’s ability to take large scale infrastructure projects all the way from strategic assessment through to procurement, construction and delivery by providing a full suite of project leadership, financial, commercial, risk management, financial modelling, public policy, regulatory and econometric services.

 

“The highly regarded Insight Economics team will boost Deloitte’s public policy and corporate strategy consulting capability, critical for regional development, resource and climate change projects.

 

Ian Thatcher, head of Deloitte Corporate Finance said “With over A$330bn  of infrastructure projects projected over the next 10 years with at least 75% ($250bn) in direct government expenditure it is clear that state and federal governments and private sector companies will face major infrastructure backlogs with significant ageing assets and budget constraints that will require effective and efficient infrastructure solutions.

 

“These latest acquisitions ensure Deloitte is well positioned to assist governments, banks, and asset owners as a high level adviser in an increasingly resource constrained environment,” he said.

 

Please see below for the full media release.