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CRH CEO Jim Mintern at Semafor World Economy, Sonic AI
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Semafor World Economy Summit 2026
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CRH CEO Jim Mintern at Semafor World Economy
Semafor World Economy Summit 2026
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May 8, 2026
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11:17
Conference
Interview
CRH CEO Jim Mintern at Semafor World Economy
From
Semafor World Economy Summit 2026
· 2026
Jim Mintern
(CEO, CRH, guest)
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Executive Summary
The United States faces a critical infrastructure deficit due to decades of underinvestment, spending only half as much as the EU as a percentage of GDP over the last 30 years.
The push for industrial reshoring and the construction of new facilities like data centers are placing immense strain on an already aging infrastructure, creating a bottleneck for economic growth.
The upcoming reauthorization of the surface transportation component of the Infrastructure Investment and Jobs Act (IIJA) is critical for continued investment, but long-term success requires shifting from short political cycles to 10-15 year planning horizons.
Infrastructure investment offers a significant economic benefit, with every dollar spent generating a multiplier effect of $3.00 to $3.50 in broader economic impact.
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The US Infrastructure Deficit
Reshoring's Strain on Infrastructure
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