MIG’s strategy is to invest in, develop and manage quality assets that are accretive to its portfolio over the long term.
Future opportunities for investment should:
Generate a forecast return that:
- Is accretive to MIG’s portfolio internal rate of return determined by its security price
- Implies an equity risk premium at or above the level required to compensate for asset and financing risks
Be consistent with the distribution policy of sustainability, with increasing coverage of distributions by earnings
Offer potential for increasing value through active management of operations and capital structure
Be located in OECD or OECD–like countries
Offer sustainable competitive advantage in a traffic corridor.