(Photo/pppcenter.com.cn)

On Dec. 6, the Global Infrastructure Hub (GI Hub), an initiative of the world's G20 leading economies, officially launched Project Pipeline. The project will provide the private sector with free information about government infrastructure projects across the world, promote project financing and support Public-Private Partnership (PPP), Thepaper.cn reported.

China, Australia, Colombia, South Korea, Mexico, New Zealand and Uruguay are the initial group of seven countries to join the Pipeline at its launch, adding some of their major infrastructure projects to the online database.

GI Hub, headquartered in Sydney, Australia, was established at the 2014 Brisbane G20 Leaders' Summit, and tasked with "[ensuring] that there is a comprehensive, open source project pipeline database, connected to national and multilateral development bank databases, to help match potential investors with projects."

China is one of GI Hub's initiators and donors. The database has included six Chinese infrastructure projects, which will help the global market understand China's infrastructure needs and PPP development, broaden financing channels, and attract international investors and operators.

Chris Heathcote, CEO of GI Hub, expressed his appreciation for China's support and participation. GI Hub expects that the Pipeline will be further developed over time, as both governments and the private sector use the tool and provide feedback on how to improve it. Eventually, more than 20 countries are expected to join.

GI Hub and EDHECinfra jointly released a report on global infrastructure investment in June of this year. The report noted that investors are increasingly interested in infrastructure investment. The number of infrastructure investors in emerging markets will double in the next three to five years, and many are concerned with long-term investment. Eighty-one percent of respondents said they intended to hold infrastructure investments for at least 10 years.