trumanburbank

Emerging Markets Infrastructure Is Booming

There must be some subway firms that will benefit from the fact that China will build more subway miles in the next 15 years than exist in all of Europe presently, though I haven't researched that space.

One more pure play is Jinpan International (JST:AMEX), a small but profitable and rapidly growing Chinese high-tech producer of electrical trasformers that should benefit from expansion of the electric grid in China (90% of company sales are in China). Currently selling a TTM PE of about 14, and just opened new production plant last month.

There must be many other firms with similar pieces of the transportation, power, water/sewer systems that will benefit from increasing governmental infrastructure investments, but it's difficult to find pure plays.

Disclosure: long JST