Since its unveiling in October 2013, China’s Belt & Road Initiative (B&R) has promoted Eurasian trade and integration along the Silk Road Economic Belt and the Maritime Silk Road.
LAIF's main purpose is to promote additional sustainable investment in key infrastructure in the transport, energy, and environment sectors, as well as support private sector development in LAC countries.
Over the last decade, much has been written about globalisation and how we’re more connected than ever before. In the infrastructure world, we think of connectivity as the “linkages of communities, economies and nations through transport, communications, energy, and water networks across a number of countries” .
An infrastructure outlook on Indonesia to 2025. A publication by the PwC.
The third meeting of the G20 Infrastructure Working Group (IWG) was held in Sydney, Australia from the 4th to the 6th of June, with the GI Hub playing an active role.
The third Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) was held in Mumbai on 25-26 June 2018, and the Global Infrastructure Hub was asked to join one of the panels organised by India, as the host nation.
The objective of the report and the accompanying index is not simply to rank countries, but to use score movements as a benchmark from which to investigate trends, identify successful PPP performers, and focus on the approaches that can facilitate a better understanding of common challenges and best-practice standards.
The USD 700 million Paseo del Bajo project is a transformative road corridor project being developed by the City of Buenos Aires (CABA) in Argentina to ease traffic and improve connectivity between the North and South areas of the city.
This year, the Global Infrastructure Hub (GI Hub) again attended the Annual Meetings of the World Bank and IMF, held in Bali, Indonesia, alongside the meetings of G20 Finance Ministers and Central Bank Governors. Trade tensions dominated many of the multilateral meetings, with all sides calling for a workable solution to be found. The leaders and representatives of smaller nations among the G20 and the IMF and World Bank community were pointed in their remarks that escalation of tensions between major economic powers was already having exponentially greater impacts on smaller economies.
Public-private partnership (PPP) contracts are long-term and they may have a duration of 20 to 30 years or more. Today, where technologies and social priorities (such as views on climate change and sustainability) are changing at an accelerated pace, it perhaps comes as no surprise that changes to PPP contracts through renegotiations are common.
As outlined earlier in this blog series, private investors are looking for reliable returns to justify the risks that they are taking. Financing and procurement of cross-border projects will often be more complex than national projects due to the scale of the project and compounded risks, and the financial returns may be more uncertain than for national projects.
Over the past few decades, there has been substantial change in living standards globally. Keeping pace with profound economic and demographic changes will require a significant increase in infrastructure investment.
Risks can be hard to define, manage and mitigate. In infrastructure projects that cross regional or national borders and involve multiple parties from both the public and private sector, these risks may be amplified.
The participants of the second Regional Roundtable on Infrastructure Governance held in Côte D’Ivoire last week reinforced the need for good governance across all stages of infrastructure delivery. The Regional Roundtable was the second of its kind, with the first held in South Africa in November 2017.