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Inadequate financing for project preparation can result in projects being taken to procurement without the requisite readiness, which can lead to cost and time overruns during implementation, or a project that is not well-suited to the needs of the public.

Communication throughout infrastructure project preparation should be recognised as a strategic activity. It should factor in the importance of all key stakeholder groups towards the project, tailor communicative actions to engage and inform them and foster a supportive environment.

Although Indonesia’s PPP regulations date back to 2005, initially the number of actual project transactions between the government and private sector was very limited. The private sector’s interest in Indonesian projects was constrained by three main factors; the low quality of project preparation, low financial feasibility of projects (particularly those related to the determination of tariffs) and uncertainty related to the political risk of projects.

The term of a public-private partnership (PPP) contract can exceed 20 or even 30 years. At the end of the term, the relevant private partner is often obligated to hand back the public asset in question (whether it be a road, an airport or a hospital) in a condition that meets the government procuring authority’s expectations.

Globally, governments are accountable for the development of infrastructure and the delivery of basic services in an affordable and inclusive manner. The ability of governments to nurture a conducive enabling environment for infrastructure investment has often been found to be a key differentiator between countries that successfully scale up infrastructure and those that face challenges in doing so.

Most infrastructure investment plans and government policies rely on the delivery of projects and programs. To achieve these and unlock the real benefits of infrastructure, it is vital that projects and programs are delivered well.

Increasingly, infrastructure leaders, investors and developers are recognising the need to not only increase the quantity of infrastructure investment globally to drive economic growth, but also the quality of infrastructure investment, to ensure that that growth and development is inclusive and sustainable.

In keeping with our mission to support the G20 to drive an ambitious infrastructure agenda, InfraCompass 2020 harnesses data from leading organisations around the world - including the World Bank, World Economic Forum, and the OECD - to assist countries to identify reforms that lead to better infrastructure investment.

Disruptions as a result of Covid-19 have heightened the awareness of and desire to increase adoption of technology on many fronts, including infrastructure. We explore five ways that technology can revolutionise the infrastructure landscape for emerging economies.

Is ESG investment just a passing fad? What is the future of China’s Belt and Road Initiative? And does the Covid-19 pandemic mean we must reassess climate change targets? Our CEO Marie Lam-Frendo answers questions on the future of infrastructure.

InfraTech has changed from a nice to have to a critical element in the ability to deliver sustainable, inclusive and resilient infrastructure.