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Takeout Finance Scheme for Financing Viable Infrastructure Projects

In the Union Budget speech for the year 2009-10, the Honorable Union Finance Minister stated “To stimulate public investment in infrastructure, we had set up the India Infrastructure Finance…

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Saudi Arabia : Hajj Airport Terminal

The millions of religious pilgrims who visit Makkah and Madinah every year are experiencing better quality services at the Hajj Terminal at Jeddah’s King Abdulaziz InternationalAirport as a…

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IPSAS 19 - Provisions, Contingent Liabilities and Contingent Assets

International Public Sector Accounting Standards was introduced in 2011. The International Public Sector Accounting Standard (IPSAS) sets out the accounting requirements of the grantor in a service…

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Sustainable infrastructure for competitiveness and inclusive growth: IDB Infrastructure Strategy

The objective of this Infrastructure Strategy is to guide future Banksupport for the countries of the Region toward their adoption of a new vision of the sector.

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Presidential Regulation No. 56 of 2011 (Indonesia)

SECOND AMENDMENT OF THE PRESIDENTIAL REGULATION NUMBER 67 YEAR 2005 CONCERNING THE COOPERATION BETWEEN THE GOVERNMENT AND THE BUSINESS ENTITIES IN THE PROVISION OF INFRASTRUCTURE.

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Peraturan Presiden Republik Indonesia Nomor 67 Tahun 2005.

Chapter IV states that unsolicited proposals will be accepted for projects not already on a priority list, and briefly outlines the process and procurement approach. The English version of regulation…

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The Law and Business of International Project Finance

This 2007 third edition continues to be a comprehensive and authoritative guide to the business, practice, law, and practical use of project finance. It covers the complete project finance structure…

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Developing a Framework for Procurement Options Analysis (Chapter 21)

This chaper in Akintola Akintoye & Matthias Beck's 2009 book describes a market sounding exercise for a hypothetical example hospital PPP project.

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Are Public Private Partnerships Value for Money?

Determining value for money for a PPP is an area in which, despite strong criticisms by a number of academic writers of the methods used by practitioners to evaluate value for money, surprisingly…

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Discount debates: Rates, risk, uncertainty and value for money in PPPs

Grimsey, Darrin, and Mervyn K. Lewis. 2004. “Discount debates: Rates, risk, uncertainty and value for money in PPPs.” Public Infrastructure Bulletin 1(3). [#4271]

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The public private partnership paradox

A public private partnership (PPP) is a contractual arrangement between government and the private sector, usually for the delivery of a piece of social infrastructure or a social service. Over the…

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Building a World-Class Infrastructure PPP Program in Puerto Rico

Interview with David Alvarez, executive director of the Puerto Rico Public-Private Partnerships Authority

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Green Climate Fund

International financing instruments include the Green Climate Fund, which allocates resources to climate-resilient and low emission projects and programs. The Green Climate Fund is the world’s…

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Decentralization and Infrastructure in the Global Economy: From Gaps to Solutions

Decentralization and Infrastructure in the Global Economy: From Gaps to Solutions covers the most important aspects of infrastructure investment in a decentralized setting. It discusses…

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Ordonnance 2004-559 sur les contrats de partenariat

L’ordonnance 2004-559 sur les contrats de partenariat énonce le cadre juridique et institutionnel des PPP en France. L’ordonnance 2008-735 incorpore…

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Africa’s Infrastructure : A Time for Transformation

This study is part of the Africa Infrastructure Country Diagnostic (AICD), a project designed to expand the world’s knowledge of physical infrastructure in Africa. The AICD will provide a baseline…

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Preserving the Integrity of the PPP Model in Victoria, Australia, during the Global Financial Crisis

As in many markets, in Australia the global financial crisis substantially affected the cost and availability of financing for PPPs. As the crisis unfolded, Victoria sought to maintain the…

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Proyecto Fin de Master: Seguimiento de una concesión

Describes the Spanish methodology for the monitoring of PPP projects.

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Reglas de Operación, Fondo Nacional de Infraestructura (Mexico)

El 7 de febrero de 2008 se publicó en el Diario Oficial de la Federación el Decreto por el que se ordena la creación del Fideicomiso Fondo Nacional de Infraestructura, que será un vehículo de…

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Policy and Planning for Large Infrastructure Projects : Problems, Causes, and Cures

This paper focuses on problems and their causes and cures in policy and planning for large infrastructure projects. First, it identifies as the main problem in major infrastructure development…

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Megaprojects and risk: an anatomy of ambition

The authors not only explore the problems of mega projects, but also suggest practical solutions drawing on theory and hard, scientific evidence from the several hundred projects in twenty nations…

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How (In)accurate are demand forecasts in public works projects? the case of transportation

This study of 210 transport projects in 14 countries finds that traffic was over-estimated for nine out of ten rail projects, by an average of 106 percent. The accuracy of traffic forecasts also…

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Underestimating Costs in Public Works Projects: Error or Lie?

This global study of 258 transport projects finds that, on average, actual costs were 28 percent higher than planned costs—65 percent higher for projects outside Europe and North America. The paper…

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Fitch Expects to Rate Peruvian Securitization IIRSA Norte Finance Ltd 'BB'

CHICAGO--July 21, 2006--Fitch has assigned a preliminary rating of 'BB' to IIRSA Norte Finance Limited, a Peruvian securitization of government payment obligations in connection with a toll road…

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Outlook for Infrastructure Finance in South Korea

South Korea offers a maturing and interesting Asian-grown model for infrastructure finance. The country has developed a protective legal environment for private sector participation in infrastructure…