Project preparation is a critical enabler of infrastructure development and has been identified as a key pillar in the G20’s strategic roadmap to develop infrastructure as an asset class.

The reference tool will be a useful aid for policy-makers and practitioners in their quest to improve project preparation practices and their capacity for preparing quality infrastructure projects, building upon the G20 Principles for the Infrastructure Project Preparation Phase.

The tool seeks to help address challenges faced by governments in early-stage project preparation through providing guidance in the areas outlined below.

This reference tool is intended to provide guidance on early-stage activities within the infrastructure project development cycle, and the enablers required to create a conducive environment to prepare sustainable, bankable and procurement-ready infrastructure projects.

Illustrated by country examples, it reinforces conceptual aspects and approaches covering the formulation of infrastructure plans, project pipeline creation, feasibility evaluation, project reviews and approvals, project marketing and stakeholder communication.