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.
InfraCompass is an interactive tool that looks at the infrastructure capabilities of 49 countries.
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.
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.
This policy outlook paper series is part of the Leadership Partner Program with the National Australia Bank.
To achieve more efficient outcomes and address the high cost of delivering infrastructure in the UK it is necessary for both public and private sector clients to ensure their capability aligns with the challenges they face and to optimise their approach to engaging their supply chains.
GI Hub held the third of its 2017 Regional PPP Risk Allocation Workshops in Bogotá, Colombia, on 9 November 2017, with various public sector representatives from across Central and South America as well as multilateral organisations operating in the region.
Insights into the The Schuphol-Amsterdam-Almere (SAA) program, which has been the largest PPP program in the Netherlands in the last decade.
The PPP Risk Allocation Tool 2019 Edition is now open for consultation. Feedback provided through this process will inform the final version which will be released later this year.
Africa’s first roundtable on infrastructure governance is taking place in Cape Town this week. Chris Heathcote, CEO of GI Hub, which is participating, shares his views on the opportunities that infrastructure development offers African countries and some of the obstacles to the success of such projects.
Infrastructure is crucial to Africa’s growth prospects. It’s also hard to get right, a reality acknowledged by delegates from around the continent and further afield who recently gathered in Cape Town, South Africa, for Africa’s First Roundtable on Infrastructure Governance.
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.
Appropriate risk allocation in public private partnerships (PPPs) and the GI Hub’s PPP Risk Allocation Tool were central themes of the GI Hub’s recent Regional PPP Risk Allocation Workshop in Bangkok, Thailand. Participants comprised public sector representatives from Bangladesh, Cambodia, India, Indonesia, Myanmar, Thailand, The Philippines and Vietnam, as well as multilateral organizations operating in the region including the Asian Infrastructure Investment Bank (AIIB).
Appropriate risk allocation in public private partnerships (PPPs) and the GI Hub’s PPP Risk Allocation Tool were central themes of the GI Hub’s recent Regional PPP Risk Allocation Workshop in Dar Es Salaam, Tanzania.
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.