Guidelines

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Federal Highway Administration (FHWA) – Resilience: Policy and Guidance

This portal provide policies and guidances of U.S Federal Highway Administration (FHWA).

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Pacific Infrastructure Maintenance Benchmarking Report

The Benchmarking Infrastructure Maintenance in Pacific Islands countries report is based on a study of infrastructure maintenance conducted in 2021 in close consultation with Development Partners,…

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The Impact of Private Sector Participation in Infrastructure : Lights, Shadows, and the Road Ahead

This book presents the most in-depth study to date of the private sector participation experience in Latin America, and it substantially advances the existing literature by offering robust…

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Infrastructure in Africa: How Institutional Reforms Can Attract More Private Investment

Infrastructure is a crucial driver of development, through its role in stimulating private investment and productivity growth, facilitating domestic, regional, and international trade, and protecting…

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Infrastructure Development in Sub-Saharan Africa: A Scorecard

This paper provides a scorecard on infrastructure development in Sub-Saharan Africa over the past decades along four sectors (telecommunications, electric power, transportation, and water and…

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The Infrastructure Gap in Latin America and the Caribbean: Investment Needed Through 2030 to Meet the Sustainable Development Goals

This report, The Infrastructure Gap in Latin America and the Caribbean: Investment Needed Through 2030 to Meet the Sustainable Development Goals, aims to estimate the amount that Latin America and…

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Further Reading: Municipal Solid Waste (MSW) PPPs

Further readingWaste PPPs, Handshake, International Finance Corporation's (IFC's) quarterly journal on public-private partnerships, Issue # 12, 2014.Encap Africa has developed a section on solid…

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Define the Asset Recycling Program

The first step for a government in embarking on an asset recycling program is to define the program in terms of goals and objectives, and scope and scale based on the country’s strategic priorities.…

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Critical Factors for Re-Investment Mechanisms

Critical Factors for Re-Investment MechanismsIrrespective of the choice of re-investment mechanism, based on best practices for accountability and transparency, there are two critical factors for…

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Re-investment Mechanisms

To date, many countries that have monetized infrastructure assets have done so on an ad hoc basis, rather than such transactions being based on a broader program of asset recycling. In these…

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Infrastructure Investment Trusts (InvITs)

Description of Infrastructure Investment Trusts Infrastructure Investment Trusts or InvITs are pooled investment vehicles like a mutual fund that allow infrastructure assets owners to monetize…

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Infrastructure Investment Trusts (InvITs) - Case Studies

Case Study - PowerGrid Infrastructure Investment Trust, IndiaPOWERGRID Infrastructure Investment Trust (PGInvIT) was registered with the Securities and Exchange Board of India on January 7, 2021, as…

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Infrastructure Asset-Backed Securitization (IABS) - Case Studies

Case Study on IABS for toll roads in IndonesiaCase Study on IABS (Indonesia) – Securitization of Jakarta-Bogor-Ciawi (Jagorawi) toll road projectIn August 2017, Jasa Marga, the largest toll road…

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Infrastructure Asset-Backed Securitization (IABS)

Description of Infrastructure Asset-Backed Securitization (IABS) Infrastructure asset-backed securitization of infrastructure can be used to unlock capital and raise financing without losing…

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Divestment - Case Studies

Case study on asset-based divestment – outright saleWestConnex Privatization in AustraliaWestConnex is a 33km long motorway in Sydney and the largest toll road project in Australia. The motorway will…

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Divestment

Description of Divestment In this model, the underlying asset for monetization can be either a standalone infrastructure asset or a corporate entity holding multiple infrastructure assets.…

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Direct Contractual Agreements - Case Studies

Case study - Brownfield concession agreements for asset monetizationToll-Operate Transfer (TOT) of Asset Monetization (Bundle 1) in IndiaThe TOT Bundle 1 consisted of 682 km of highways across nine…

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Direct Contractual Agreements

Description of Direct Contractual Agreements Direct contractual agreements are utilized by public sector entities to monetize brownfield infrastructure assets without losing outright ownership…

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Checklists for Asset Recycling

Asset Recycling RoadmapAsset recycling is a mechanism that has been adopted by various governments to monetize existing, operational infrastructure assets (brownfield assets) to unlock capital and to…

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Monitoring the Asset Recycling Program

An asset recycling program is a virtuous cycle that should be continuously improved through the regular review of program outcomes against initial objectives, identifying failures or mistakes and…

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Reinvest Proceeds

The need for a dedicated fund to manage proceeds Proceeds from asset monetization should be managed in a way so that the public sees clear link between of infrastructure monetization and…

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Create Momentum

The Governments should create momentum by setting the right perception of an asset recycling program to the public, in engaging with the private sector/ investors by creating and showcasing a…

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Create the Necessary Setting (Public Sector Governance of Asset Recycling)

Good governance should underpin an asset recycling program. This requires establishing enabling institutions, procedures, and processes around the lifecycle of an asset recycling program. To…

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Monetize Asset / Transaction Process

Choosing the right monetization model There are various monetization models that can be applied, including direct contractual agreements, divestments, and structured financing. The following…

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The Case for Asset Recycling

There are three key reasons for implementing an asset recycling program; namely to: (i) meet infrastructure investment needs and gaps (ii) alleviate constraints in raising financing and funding (iii…