Improving Governance in Major Infrastructure Projects
DOI:
https://doi.org/10.35166/jipm.401.0018Keywords:
infrastructur investment, private investors, infrastructur sectorAbstract
From an economic growth perspective, infrastructure is not only an enabling factor for development or for facilitating private investments and competitiveness across all sectors of national and regional economies, but can also be an attractive investment opportunity in itself. Although infrastructure investment opportunities are plentiful across developing countries, investors are not fully seizing them, often due to gaps in the enabling environment for such investment. The infrastructure sector presents specific risks to private investors, and since private participation in infrastructure delivery is a relatively recent form of procurement in many countries, governments do not necessarily have the experience and capacity needed to effectively manage these risks. Beyond case-by-case project preparation and financing, concrete, implementation-oriented guidance that can help governments identify and manage reforms is needed to make the broader infrastructure investment environment more open to private participation.
Downloads
Published
Issue
Section
License
Copyright (c) 2021 Journal of Infrastructure Policy and Management (JIPM)

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
License and Copyright Agreement
In submitting the manuscript to the journal, the authors certify that:
- They are authorized by their co-authors to enter into these arrangements.
- The work described has not been formally published before, except in the form of an abstract or as part of a published lecture, review, thesis, or overlay journal.
- That it is not under consideration for publication elsewhere,
- That its publication has been approved by all the author(s) and by the responsible authorities – tacitly or explicitly – of the institutes where the work has been carried out.
- They secure the right to reproduce any material that has already been published or copyrighted elsewhere.
- They agree to the following license and copyright agreement.
Copyright
Authors who publish with Journal of Infrastructure Policy and Management (JIPM) agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License (CC BY-SA 4.0) that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.