Download or read book Creating and Applying a New Model for Infrastructure Investment written by and published by . This book was released on 2001 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Infrastructure as an Asset Class written by Barbara Weber and published by John Wiley & Sons. This book was released on 2016-05-10 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt: Clear, comprehensive guidance toward the global infrastructure investment market Infrastructure As An Asset Class is the leading infrastructure investment guide, with comprehensive coverage and in-depth expert insight. This new second edition has been fully updated to reflect the current state of the global infrastructure market, its sector and capital requirements, and provides a valuable overview of the knowledge base required to enter the market securely. Step-by-step guidance walks you through individual infrastructure assets, emphasizing project financing structures, risk analysis, instruments to help you understand the mechanics of this complex, but potentially rewarding, market. New chapters explore energy, renewable energy, transmission and sustainability, providing a close analysis of these increasingly lucrative areas. The risk profile of an asset varies depending on stage, sector and country, but the individual structure is most important in determining the risk/return profile. This book provides clear, detailed explanations and invaluable insight from a leading practitioner to give you a solid understanding of the global infrastructure market. Get up to date on the current global infrastructure market Investigate individual infrastructure assets step-by-step Examine illustrative real-world case studies Understand the factors that determine risk/return profiles Infrastructure continues to be an area of global investment growth, both in the developed world and in emerging markets. Conditions continually change, markets shift and new considerations arise; only the most current reference can supply the right information practitioners need to be successful. Infrastructure As An Asset Class provides clear reference based on the current global infrastructure markets, with in-depth analysis and expert guidance toward effective infrastructure investment.

Download or read book Infrastructure Procurement and Funding written by Sharon McClements and published by Taylor & Francis. This book was released on 2022-09-30 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: Infrastructure is vital to a resilient society and infrastructure investment is therefore critical to the vibrant functioning of societies. Infrastructure assets span economic and social spheres, but despite the prime importance of infrastructure investment, national governments simply cannot fund all of society's infrastructure requirements. This book, Infrastructure Procurement and Funding explores the key models of procuring and financing major projects and infrastructure works whilst critically acknowledging the inherent challenges in successfully securing the necessary funding. The book provides the reader with a detailed review of contemporary methods of financing and procuring infrastructure projects, commencing with an examination of the role of infrastructure in society in creating resilient societies. It reviews public sector funding mechanisms for infrastructure investment and then introduces, before presenting emerging trends in private sector investment in infrastructure. Fundamentally this book identifies robust, innovative, and contemporary solutions to the procurement, financing and investment in major infrastructure projects, globally, nationally and regionally. The book is ideal reading for international courses in construction procurement, construction project management, infrastructure asset management, real estate investment and finance, but will also be useful for those construction business leaders in public and private sectors who are responsible for making major project and infrastructure financial and investment decisions.

Download or read book Investing in Britain s future written by Great Britain: H.M. Treasury and published by Stationery Office. This book was released on 2013-06-27 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper the Government announces an increase in capital spending plans by £3 billion a year, from 2015, which means an additional £18 billion of investment over the next parliament. The Government is taking a long-term approach to infrastructure, to overcome decades of short-term decision making and uncertainty in funding, financing and failures in delivery. Plans include over £70 billion of investment in transport, over £20 billion in schools and £10 billion in science, housing and flood defences. Specific commitments include funding for HS2, the biggest programme of investment in roads since the 1970s, and superfast broadband provision will be expanded so 95 per cent of UK premises will have access to superfast broadband by 2017.Action is being taken to provide the support needed to enable up to £100 billion of private sector energy investment, including through the further roll-out and extension of the UK guarantees scheme. Lessons on successful project delivery will be learnt from the Olympics and similar examples.

Download or read book An Integrated Infrastructure Delivery Model for Developing Economies written by Rembuluwani Bethuel Netshiswinzhe and published by Taylor & Francis. This book was released on 2023-08-29 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the attributes of an integrated model for infrastructure delivery as a means to achieve high impact investing, sustainable growth and development in a developing economy. An Integrated Infrastructure Delivery Model for Developing Economies: Planning and Delivery Management Attributes is premised on the understanding that one of the most significant barriers to efficient and effective infrastructure delivery is the nature and extent of fragmentation in the ways in which infrastructure projects are planned, designed, and delivered. Using a Delphi method, the research presented in this book examines the infrastructure delivery models and practices that have been employed in South Africa and other developing countries, and in doing so presents eight attributes for integrated infrastructure delivery. These are: (i) developing a common vision for the community, (ii) stakeholder participation, (iii) integrated project development and scoping, (iv) access to planning information, (v) cross-sectoral planning, (vi) integrated infrastructure master plans, (vii) statutory and regulatory compliance and (viii) integrated contractual frameworks. The book presents a practical model that can serve as a guide and a manual for project planning and development to achieve integrated infrastructure delivery in developing economies. The proposed model should serve as a framework to inform future planning and programming of infrastructure projects within the public sector space. Furthermore, the application of the model will help resolve the problems of fragmentation and lack of coordination in how infrastructure projects are planned and implemented. This book will be beneficial to infrastructure practitioners, policymakers, researchers and academics who pursue best practice models to improve the delivery and management of infrastructure.

Download or read book Using Project Finance to Fund Infrastructure Investments written by Steffen Schmidt and published by GRIN Verlag. This book was released on 2016-08-23 with total page 20 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2015 in the subject Economics - Finance, grade: 1,3, , language: English, abstract: The competitiveness and the ability of economic growth and the local living standards are closely related to a country’s infrastructure quality and volume. After World War II, in Europe huge investments in infrastructure, such as roads, railways or hospitals were traditionally financed by public sources, such as tax revenues, over-printing of money or borrowings. Today, especially in the developing countries there is a huge demand for infrastructure investments. There exist so-called “infrastructure gaps”: In order to improve the standard of living and the attractiveness of a country and econ-omy, the segments of transport, electricity generation, transmission as well as water and telecommunications are essential. The main problem for governments is that Infrastructure projects within these segments usually have a huge extent and require a lot of capital, which often is not available. The OECD estimates that there exists a global infrastructure investment requirement of 71 trillion dollars by the year 2030 only to improve the basic infrastructure. But also in Europe there is an important demand for infrastructure investments. Today, post financial crisis, the TEN-T pro-gram which started in 2014 and also the energy distribution networks or the power plants will require very huge amounts of capital in the coming years and decades, while the political and economic situation is rather uncertain. The forms of financing projects like the above mentioned have changed substantially: Over the past years and decades, severe budget constraints and inefficient manage-ment of infrastructure projects by public entities have led to an increased involvement of private investors in the business of infrastructure financing. This development has attached more and more importance to concrete strategies of private financing forms or partnerships. In recent years this private funding has increasingly taken the form of project finance. So there are basically the following questions: What exactly is project finance, how can a partnership between a public and a private entity be es-tablished and how can this construct help to solve the problem of the mentioned infrastructure gap? The scope of project finance, the different forms and the critical success factors and the meaning for infrastructure finance are the subject of this assignment.

Download or read book Infrastructure Investing written by Rajeev J. Sawant and published by John Wiley & Sons. This book was released on 2010-03-15 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Invaluable information regarding one of the biggest worldwide growth areas in investing-infrastructure assets Infrastructure investing is about to explode on the worldwide scene. The fact is that real money will need to be spent on real projects-which will present real opportunities for stable, long-term returns. But infrastructure assets have unique characteristics and the investments and funds that will likely rise up must be suitably structured to serve investor needs. Author Rajeev Sawant has been analyzing infrastructure investments, funds, and project financing programs for nearly five years, and with this book, he presents information that will be invaluable to lenders, pension funds, insurance companies, investment funds, rating agencies, and even governments. Presents comprehensive data analysis on infrastructure cases worldwide Analyzes the opportunities as well as the pitfalls of infrastructure investing Focuses on the needs of pensions, insurance companies, and endowments interested in infrastructure investing For the next decade, worldwide economic growth and increased employment-as well as investment returns-will come from infrastructure projects. This book will help you understand today's dynamic infrastructure asset class and quickly get you up to speed on the unique risks and rewards associated with it.

Download or read book Economic Analysis and Infrastructure Investment written by Edward L. Glaeser and published by University of Chicago Press. This book was released on 2021-11-11 with total page 479 pages. Available in PDF, EPUB and Kindle. Book excerpt: Policy makers often call for increased spending on infrastructure, which can encompass a broad range of investments, from roads and bridges to digital networks that will expand access to high-speed broadband. Some point to the near-term macroeconomic benefits, such as job creation, associated with infrastructure spending; others point to the long-term effects of such spending on productivity and economic growth. Economic Analysis and Infrastructure Investment explores the links between infrastructure investment and economic outcomes, analyzing key economic issues in the funding and management of infrastructure projects. It includes new research on the short-run stimulus effects of infrastructure spending, develops new estimates of the stock of US infrastructure capital, and explores incentive aspects of public-private partnerships with particular attention to their allocation of risk. The volume provides a reference for researchers seeking to study infrastructure issues and for policymakers tasked with determining the appropriate level and allocation of infrastructure spending.

Download or read book Institutional Investment in Infrastructure in Emerging Markets and Developing Economies written by Georg Inderst and Fiona Stewart and published by World Bank Publications. This book was released on 2014 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report discusses the role of institutional investors in financing infrastructure in emerging markets and developing economies. It analyzes the present level of involvement as well as the future investment potential of new financing sources such as public and private pension funds, insurance companies, and sovereign wealth funds.

Download or read book Resource Financed Infrastructure written by Håvard Halland and published by World Bank Publications. This book was released on 2014-06-18 with total page 111 pages. Available in PDF, EPUB and Kindle. Book excerpt: In recent decades, resource-rich developing countries have been using their natural resources as collateral to access sources of finance for investment, countervailing the barriers they face when accessing conventional bank lending and capital markets. One of the financing models that have emerged as a result is the Resource Financed Infrastructure (RFI) model, a derivation of previous oil-backed lending models pioneered by several Western banks in Africa. Under a Resource Financed Infrastructure (RFI) arrangement, a loan for current infrastructure construction is securitized against the net present value of a future revenue stream from oil or mineral extraction. The model has been applied in several African countries, for a cumulative contract value of approximately $30 billion, according to publically available sources. This report, consisting of a study prepared by global project finance specialists Hunton & Williams LLP and comments from six internationally reputed economists and policy makers, provides an analytical discussion of resource-financed infrastructure (RFI) contracting from a project finance perspective. The report is meant as a forum for in-depth discussion and as a basis for further research into RFI’s role, risks, and potential, without any intention to present a World Bank–supported view on RFI contracting. It is motivated by the conviction that if countries are to continue to either seek RFI or receive unsolicited RFI proposals, there is an onus on public officials to discern bad deals from good, to judge unavoidable trade-offs, and to act accordingly. The report aims to provide a basis for developing insights on how RFI deals can be made subject to the same degree of public policy scrutiny as any other instrument through which a government of a low- or lower-middle-income country might seek to mobilize development finance.

Download or read book Investment and Agricultural Development in Developing Countries written by Cuong Tat Do and published by Xlibris Corporation. This book was released on 2015-12-03 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: The standard policy prescription to enhance the productivity of agriculture in a developing country like Vietnam is first to encourage the investment of farmers in their human and social capital and then to change the governmental institutions to facilitate the farmers investment. This book, therefore, analyzes the investment of farmers in their health, education, and social relationships in the context of Vietnams recent agrarian transition. Using the tools of regression analysis, the author has tried to measure the rate of return of investment in health, education, and social relationship of farmers on their income. Additionally, to measure the effect of local government policy on the performance of agricultural firms at the provincial level, the book applies current techniques to estimate the relationship between output of agricultural firms and performance of local government. As in other low-developed countries, the rate of return of investment in education is quite extreme and the rate of investment in health is small. The effect of investment in social capital of farmers on their income is quite complex due to the complication of the term social capital. Moreover, the effect of quality of local institutions on performance of agricultural firms at the provincial level is not quite statistically significant. The relationship is similar with other research findings worldwide when researchers want to measure the effect of quality of institution on the performance of firms.

Download or read book Infrastructure as an Asset Class written by Barbara Weber and published by John Wiley & Sons. This book was released on 2010-03-09 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: The market for infrastructure is vast and, contrary to popular belief, the range of potential infrastructure investments is extremely broad. An investor who does not have a sufficient overview and insight into the infrastructure market or an awareness of the suitable investment opportunities and the risks they entail, will find it difficult to select the right investments. This book is a comprehensive guide to the subject, bringing together the topics of infrastructure investments, project finance and public private partnerships (PPPs), equipping investors with the necessary theoretical knowledge and background information as well as practical examples in order to further their understanding of the key aspects of infrastructure investments. It answers questions such as: How is infrastructure defined? Which sectors are classified as infrastructure, how are they categorised, and what are the differences between them? Is infrastructure an asset class in its own right? If so, what are its characteristics? What are the fundamental options for investing in infrastructure? What is a good starting point for institutional investors? How should infrastructure funds be evaluated? What risks do they entail and how can these risks be identified and assessed? How should they be structured in order to best allocate these risks? The book discusses the differing objectives and expectations of the parties involved and the conditions required by public principals and investors in order to enable these groups to overcome the ?language problems? they largely encounter. In addition to background knowledge and information on the latest developments in the individual subject areas, the book also explains the methodology of project finance in detail, both for traditional project finance and in the PPP context, establishing the key differences to other forms of financing, guiding readers through the various phases of project analysis on a step-by-step basis using practical examples. Well structured infrastructure investments can serve to improve the risk-return profile of an investor?s overall portfolio on account of their long term and their low level of correlation with traditional asset classes. This book will assist investors in their understanding of infrastructure investments, leading to a better informed portfolio. "A comprehensive and well-written overview of many relevant topics in the infrastructure sector; a useful guide for everyone involved or interested in the infrastructure area." Henk Huizing, Head of Infrastructure, PGGM "A comprehensive book that effectively marries the topics of infrastructure investing, project finance and PPPs as well as bridges the gap between the theoretical and the practical - the authors are to be commended on this work." Marc S. Lipschultz, Global Head of Energy and Infrastructure, Kohlberg Kravis Roberts & Co. "Quite a book and one that should definitely be part of the toolkit of those who are interested in the Infrastructure asset class. Had this comprehensive work been available ten years ago, no doubt, one or two of us certainly would have done things differently. So, let's keep it closely at hand as a guide for the future that helps us deliver even better outcomes for all stakeholders and enables us to further develop the asset class." Ron Boots, Senior Portfolio Manager - Co head Infrastructure Investments, APG All Pensions Group

Download or read book Transport Infrastructure Investment Options for Efficiency written by International Transport Forum and published by OECD Publishing. This book was released on 2008-02-14 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: Examines key principles that should be considered by governments in deciding how to provide and pay for surface transport infrastructure, with a view to best serving societies’ needs and employing public resources.

Download or read book Apply Option thinking in Long Term Infrastructure Investment written by Na Zhang (S.M.) and published by . This book was released on 2010 with total page 126 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the last two decades the application of real options theory has dramatically altered the way researches model infrastructure investment decisions. Real options are the right, but not obligation to do something for a certain cost within or at a specific period of time. Compared to the rich literature, its implementation in practice is however limited. This thesis identifies a common but ignored problem of the option valuation methodology. While trends and volatilities of market-based uncertainties are fundamental inputs for options valuation, they are in many cases difficult to get reliable estimates due to the changing patterns of the uncertainty factors. Current research on option valuation typically extracts estimates from data of a certain period (such as 10 years) without verifying the chosen period is superior to others. This thesis demonstrates this problem by analyzing the prices indices of underlying assets in real estate markets of U.S. and Singapore; and then shows how to adjust the flexibility design and valuation in long-term infrastructure development to capture the value of embedded options. Since uncertainty is the key driver of option value, the study of uncertainty itself should always be at the core of flexibility design. An in-depth study of (a) both the feature/nature of each uncertainty (b) and interactions among different uncertainties, inside and outside of the project/investment is essential and extremely important to give rise to attractive real options. This thesis looks at a sub-part of long-term infrastructure development - commercial real estate - which is usually high-rise building existing in a highly volatile market. An option-thinking approach is proposed to guide flexibility design, both inactive and proactive flexibility. Proactive flexibility gives rise to an infrastructure design that makes sense for both now and the future. This happens when the design use uncertainties, not the requirements from the user meeting, as one of the primary drivers of the design. The approach involves three aspects: financial, technical and political. Particularly, the political aspect indicates that developers should carefully form contracts with partners/customers as well as relevant authorities to make it possible to exercise the options in the future when desirable. This thesis uses a true case of mixed use commercial real estate development - Central in Singapore - to show the process of utilizing option-thinking in flexibility design and valuation.

Download or read book Supporting Better Decision Making in Transport Infrastructure in Spain Infrastructure Governance Review written by OECD and published by OECD Publishing. This book was released on 2020-07-30 with total page 128 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Spain, as in most countries, the real obstacle to effective and efficient delivery of key infrastructure is not the availability of finance, but rather problems of governance. This review examines the transport infrastructure governance framework in Spain against OECD good practices. It identifies the main governance bottlenecks for the development of transport infrastructure projects and provides a comparison with what other countries have done to alleviate similar bottlenecks.

Download or read book Infrastructure Investment written by David G. Carmichael and published by CRC Press. This book was released on 2014-10-29 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Established Deterministic Investment Appraisal versus Uncertainty in Investment When it comes to investing in an infrastructure project, the conventional approach is to evaluate risk through a deterministic approach. Infrastructure Investment: An Engineering Perspective, however, takes on uncertainty in investment. Of interest to engineering consultants, government departments, financial institutions, or anyone involved in investment in infrastructure, this text provides the necessary tools for the analysis and appraisal of investment in infrastructure and other assets with uncertain futures. It factors in the finance and engineering of assets such as roads, buildings, bridges, dams, pipelines, railways, ports, seawalls, wastewater treatment facilities, and addresses future demand, operating costs, maintenance costs, and other lifetime and investment parameters in both financial and non-financial terms. It considers the impact of climate change and the possible use of adaptive and flexible solutions capable of responding to changed futures, as well as how such uncertainty affects the future performance of these investments. The book also incorporates illustrated case studies and Markov chains to model an investment. A pivotal work containing 11 chapters, this text provides: An original contribution to feasibility analysis under uncertainty A systematic and ordered treatment of capital investment in infrastructure A structured flow, from a systematic treatment of conventional deterministic approaches through to a complete treatment incorporating uncertainty Infrastructure Investment: An Engineering Perspective details investment analysis in the presence of uncertainty, and is beneficial to students, academics, and practitioners dealing with decision-making in infrastructure and similar investments.

Download or read book Critical Infrastructure for Ocean Research and Societal Needs in 2030 written by National Research Council and published by National Academies Press. This book was released on 2011-06-24 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States has jurisdiction over 3.4 million square miles of ocean in its exclusive economic zone, a size exceeding the combined land area of the 50 states. This expansive marine area represents a prime national domain for activities such as maritime transportation, national security, energy and mineral extraction, fisheries and aquaculture, and tourism and recreation. However, it also carries with it the threat of damaging and outbreaks of waterborne pathogens. The 2010 Gulf of Mexico Deepwater Horizon oil spill and the 2011 Japanese earthquake and tsunami are vivid reminders that ocean activities and processes have direct human implications both nationally and worldwide, understanding of the ocean system is still incomplete, and ocean research infrastructure is needed to support both fundamental research and societal priorities. Given current struggles to maintain, operate, and upgrade major infrastructure elements while maintaining a robust research portfolio, a strategic plan is needed for future investments to ensure that new facilities provide the greatest value, least redundancy, and highest efficiency in terms of operation and flexibility to incorporate new technological advances. Critical Infrastructure for Ocean Research and Societal Needs in 2030 identifies major research questions anticipated to be at the forefront of ocean science in 2030 based on national and international assessments, input from the worldwide scientific community, and ongoing research planning activities. This report defines categories of infrastructure that should be included in planning for the nation's ocean research infrastructure of 2030 and that will be required to answer the major research questions of the future. Critical Infrastructure for Ocean Research and Societal Needs in 2030 provides advice on the criteria and processes that could be used to set priorities for the development of new ocean infrastructure or replacement of existing facilities. In addition, this report recommends ways in which the federal agencies can maximize the value of investments in ocean infrastructure.