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The rapid growth in Indonesia’s urban areas required a rapid scale up in infrastructure investment. The Government of Indonesia set up Indonesia Infrastructure Guarantee Fund (IIGF) as a state-owned enterprise (SOE) to leverage private investments in infrastructure projects by providing government guarantees or credit enhancements to PPP projects.
New legislation helped enable construction of the Tsukuba Express Line for fast travel between central Tokyo and the nation’s largest research hub.
To help transition to a low-carbon green economy, China announced plans to grow a corporate green bond market, establishing pilot zones in five provinces and autonomous regions to inform national green finance policies.
The Chicago Infrastructure Trust (CIT) was created in 2012 to provide focus and leadership to build a pipeline of executable public-private partnership projects to meet Chicago’s infrastructure needs, drive economic development, and create jobs.
The Canadian Government established a national infrastructure bank to help attract private sector investors and institutional investmet in infrastructure projects in Canada that will generate revenue and are in the public interest.
The Pensions Infrastructure Platform was developed to facilitate long-term investment in UK infrastructure by pension schemes. It was established by UK pension schemes to operate and invest for pension schemes. It allows pension schemes of all sizes to invest in national infrastructure projects by pooling resources into a single investment fund.
Australia’s national government introduced policy to incentivise asset recycling / capital recycling by state-level governments, offering up to 15% of the sale or lease proceeds of asset privatisations for re-investment in infrastructure projects. Since 2014, the State of New South Wales has raised AUD32.7 billion through asset recycling.
European Bank for Reconstruction and Development (EBRD) launched the Green Economy Transition (GET) approach in 2015 to accelerate investments that drive environmental benefits. Following the severe impact of the COVID-19 health emergency, a new GET 2.0 was proposed to contribute to a green economic recovery post-COVID-19.
Watch the GI Hub and Jacobs webinar ‘Global practices and insights for improving infrastructure delivery models.’ The discussion explored GI Hub's new initiative Improving Delivery Models and highlighted lessons learnt by stakeholders behind the Grand Paris Express, Sydney Metro and Toronto Metrolinx projects.
The ACGF is an innovative finance facility dedicated to accelerating green infrastructure investment in Southeast Asia with over USD1.4 billion in loans from co-financing partners, under the ASEAN Infrastructure Fund (AIF). The ACGF’s technical assistance supports governments to identify and prepare commercially viable green infrastructure projects while the ACGF loans are utilised to cover upfront capital investment costs. This two-pronged approach ‘de-risks’ green infrastructure projects, making them more attractive to private capital investors.
This month the GIobal Infrastructure Hub (GI Hub) was delighted to participate in the second Africa Infrastructure Fellowship Program (AIFP). The capacity-building program is designed to upskill African government infrastructure specialists, enabling them to facilitate increased investment in a pipeline of new, sustainable infrastructure that has positive social and economic impact in African communities.
The GI Hub today launches Improving Delivery Models, an initiative that showcases proven delivery model improvements that enhance the quality of infrastructure. Many of the challenges faced in delivering infrastructure can be traced back to the early-stage processes of choosing the delivery model and structuring the project.
Cities are at the forefront of the pandemic crisis and are key players in the fight to achieve net-zero emissions targets. The recovery choices they make today will set urban agendas for years to come.
The NSW Government faced a shortage of skilled workers and an ongoing lack of workforce diversity in the infrastructure industry – particularly with respect to women, Aboriginal and Torres Strait Islander people, and apprentices. The government, in consultation with the construction industry, mandated skills, training, and employment targets for all major government infrastructure projects.
The New South Wales (NSW) Government sought to upgrade a 155 km section of the Pacific Highway between Woolgoolga and Ballina. It adopted a d elivery partner model that repackaged the works and tender packages on a trade or activity basis, for a logical sequencing of works across the entire project.
Infrastructure is one of the least technologically transformed sectors of the economy and there is a global consensus that our industry needs innovation to solve big challenges like the resilience of infrastructure during future pandemics, the rise of climate change, urbanisation, and an ageing population
In response to a 2014 Productivity Commission Inquiry into Public Infrastructure, the Australian Government and state and territory governments carried out a pilot cost benchmarking for road projects through the Bureau for Infrastructure, Transport and Regional Economics (BITRE) in co-operation with state and territory road agencies.
Ferry services in Sydney, Australia provide a vital public transport service. The NSW Government franchised the operations of the Sydney ferry services under a seven-year franchising agreement.
Objective information on upcoming project and investment opportunities in the region has historically been disparate, with differing data standards and procurement models by the Australian Federal, State and Territory, and New Zealand Governments. The Australia and New Zealand Infrastructure Pipeline (ANZIP) was developed to provide a forward view of major infrastructure projects and contracts across the two countries.