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.