Municipal infrastructure market participants believe that insufficient funding and the politicization of infrastructure are worse impediments to investments than corruption, earmark abuses, public policy instability, or poor creditworthiness of public authorities, according to a recent survey by KPMG LLP.

Of the 116 respondents from the United States, 69% said the lack of funds was one of the “greatest public sector impediments” in the country. Politicization of infrastructure project priorities is the biggest problem, according to 37% of respondents.

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