scholarly journals An Innovative Conceptual Model to Structure Financing Package of Infrastructure Projects

2021 ◽  
Vol 2021 ◽  
pp. 1-10
Author(s):  
Hanieh Soleymani ◽  
Mehdi Ravanshadnia ◽  
Mehdi Montazer
Keyword(s):  
Ownership Structure ◽  
Comprehensive Model ◽  
Costs And Benefits ◽  
Infrastructure Projects ◽  
Financing Structure ◽  
Private Sector Participation ◽  
Library Studies ◽  
Preparation Phase ◽  
Instruments And Techniques ◽  
International Financing

Understanding the correct way to determine the financing package for infrastructure projects, identifying proper processes, resources, techniques, and instruments to realize successful financing approaches, and private sector participation in providing development infrastructures are irrefutable. The main purpose of this study is to present a comprehensive model covering these complex issues. To this end, using the library studies, receiving expert opinion, and recognizing international financing processes, information was gathered on this subject; therefore, in this paper, the model of designing financing package for infrastructure projects is processed and identified, and designing the financing structure is closely related to the ownership structure of the project and its guaranteed package. These will change in a repeatable process until the end of the preparation phase and sometimes in project steps. The ownership of the infrastructure projects is determined by this repeatable process, which defines initial sponsors, costs, and benefits for partners, types of financial instruments, and techniques and evaluates risks and capital structure. In this paper, we suggest a model to help practitioners more effectively and systematically finance infrastructures. The development of guidelines and information resources in this field is one of the effective measures to build capacity and eliminate possible ambiguities and misunderstandings about public-private partnership.

Dog Ownership: A Complex Web?

1987 ◽  
Vol 60 (1) ◽  
pp. 247-257 ◽  
Author(s):  
Deena B. Case
Keyword(s):  
Therapeutic Effects ◽  
Comprehensive Model ◽  
Current Interest ◽  
Pet Ownership ◽  
Costs And Benefits ◽  
Computing Systems ◽  
Dog Ownership ◽  
Human Animal Bond ◽  
Human Animal ◽  
The Web

Current interest in pets and their therapeutic effects has created a need for comprehensive model of pet ownership. Although Kling and Scacchi's (1982) web model was designed to explain organizational computing systems, it makes a useful metaphor for dog ownership. The web model considers the resource to be an ensemble of equipment, applications and techniques, with costs and benefits only partially identifiable. A complex infrastructure is necessary to support the resource. Both resource and infrastructure are social objects, highly charged with meaning. Points from the web model were compared with examples from human-animal bond literature and the author's experience.

scholarly journals Ownership structure and incentives to invest: dual-structured irrigation cooperatives in Australia

2010 ◽  
Vol 6 (2) ◽  
pp. 261-280 ◽  
Author(s):  
BRADLEY PLUNKETT ◽  
FABIO R. CHADDAD ◽  
MICHAEL L. COOK
Keyword(s):  
Ownership Structure ◽  
Capital Investment ◽  
Irrigation System ◽  
Capital Formation ◽  
Investment Incentives ◽  
Costs And Benefits ◽  
Structure System ◽  
The Past ◽  
Trade Offs

Abstract:In the past decade, Australia has begun to privatize its irrigation system. Two general models have emerged: a single and a dual ownership structure. This paper examines the trade-offs, costs and benefits, and the attendant efficiencies regarding costs of ownership. In particular, we examine member capital investment incentives and resultant risk-bearing costs related to capital formation. The paper concludes that the dual ownership structure system has significant economic advantages relative to its single-structured counterpart.

scholarly journals Resistance and Potential for Development: Examining the Role of Religion in the Development of Women in the Infrastructure Projects in Pakistan

2020 ◽  
Vol 10 (101) ◽  
pp. 197-211
Author(s):  
Rahla Rahat
Keyword(s):  
Cultural Values ◽  
Large Scale ◽  
Sampling Technique ◽  
Gender Mainstreaming ◽  
Research Approach ◽  
Infrastructure Development ◽  
Religious Leaders ◽  
Infrastructure Projects ◽  
The Government ◽  
International Financing

Pakistan is going through large scale infrastructure development with most of the state-led mega projects being funded by international financing agencies. Many of these agencies have mandatory social safeguards to mitigate the negative impacts of the projects for project-affected-communities especially women. This provides the government an opportunity to advance the conditions of women in project areas. However, the gender mainstreaming efforts usually face resistance from communities on various grounds including religion. This study explores the nature of resistance on religious basis and the strategies used by the development practitioners to manage such resistance. A qualitative research approach was employed and through a purposive sampling technique participants were recruited for this study. In-depth interviews were used to collect data which was analyzed by thematic analysis. The data was collected from development practitioners working for government and international financing agencies on infrastructure projects. Resistance towards development of women initiatives are on interventions, presence of female staff in communities, and on giving access to project teams, including women, to females in communities. Major reasons for this resistance were suspicion of projects, especially if the financing agencies were Western, and the fear that development of women may result in women losing their religious and cultural values which may lead to the breakdown of the institution of family and Islamic society. The strategies to deal with these resistances include involving religious leaders as stakeholders, peer education through religious scholars, exposure visits for local religious leaders, developing gender and cultural sensitivities of the staff, meaningful consultation with community, and effective grievance redress mechanism.

scholarly journals The impact of socio-political and economic environments on private sector participation in energy infrastructure delivery in Ghana

2017 ◽  
Vol 15 (2) ◽  
pp. 166-180 ◽  
Author(s):  
De-Graft Owusu-Manu ◽  
David John Edwards ◽  
E.K. Kutin-Mensah ◽  
Angela Kilby ◽  
Erika Parn ◽  
...  
Keyword(s):  
Private Sector ◽  
Binary Logistic Regression ◽  
Project Managers ◽  
Infrastructure Projects ◽  
Content Type ◽  
Private Sector Participation ◽  
Aging Infrastructure ◽  
Political Health ◽  
Future Work ◽  
The Impact

Purpose Investment in power and electricity generation for replacing aging infrastructure with new represents a major challenge for developing countries. This paper therefore aims to examine infrastructure projects’ characteristics and how socio-political and economic investment environments interplay to influence the degree of private sector participation (PPP) in infrastructure delivery in Ghana. Design/methodology/approach Using World Bank Public-private infrastructure advisory facility (PPIAF) and private participation in infrastructure (PPI) project database data from 1994 to 2013, binary logistic regression was used to: determine the probability of a higher or lower degree of PPP; and examine the significance of factors that are determinants of private investments. Findings The findings reveal that the private sector is more likely to invest in a higher degree of PPP infrastructure projects through greenfield and concession vehicles as opposed to management and leasing contracts. From the extant literature, drivers of PPP included infrastructure project characteristics and the social–economic–political health of the host country. However, the significance, direction and magnitude of these drivers vary. Originality/value This paper identifies investment drivers to PPP advisors and project managers and seeks to engender discussion among government policymakers responsible for promoting and managing PPP projects. Direction for future work seeks to explore competitive routes to infrastructure debt and equity finance options that finance energy projects.

scholarly journals METHODOLOGICAL TOOLS FOR THE IMPLEMENTATION OF INFORMATION TECHNOLOGY FOR EXPERT ASSESSMENT OF THE QUALITY OF HEAVY AUTOMOBILE EQUIPMENT IN THE PROCESS OF ITS EXPLOITATION

2021 ◽  
pp. 69-77
Author(s):  
Volodymyr Rudnytskyi ◽  
Amineh Hadi
Keyword(s):  
Information Technology ◽  
Quality Assessment ◽  
Large Scale ◽  
System Analysis ◽  
Fuzzy Mathematics ◽  
Expert Assessment ◽  
Comprehensive Model ◽  
Infrastructure Projects ◽  
Heavy Vehicles

Subject matter. Justification of the choice of a model range of heavy vehicles when organizing purchases in the framework of large-scale infrastructure projects. Goal. Increasing the efficiency of the process of determining the model range of heavy automobile equipment, in terms of its operation, at the stage of initiating large-scale infrastructure projects, by creating a special methodological approach, and on its basis - an appropriate information technology for decision support. Tasks. To develop a complex fuzzy model for assessing the quality of heavy automobile equipment during its operation. To propose a method for collective expert assessment of the quality of heavy automobile equipment during its operation. To develop an applied information technology to support decision-making on the formation of a model range of purchased heavy vehicles. Methods. System analysis – in the development of a comprehensive model of the quality of heavy automotive equipment; fuzzy mathematics – to ensure the process of fuzzy assessment by experts of the quality of heavy automobile equipment during its operation; expertology – when creating a method for forming a generalized quality assessment by means of collective expert assessment; software engineering – when creating applied information technology for collective expert assessment of the quality of heavy automobile equipment. Results. An approach to the creation of a number of applied information technologies for complex expert assessment of the quality of operation of a wide class of vehicles using the example of heavy automobile equipment. Conclusions. A comprehensive model has been developed for assessing the quality of heavy automobile equipment, at the stage of its operation, using the principles and approaches that are generally accepted in system analysis. The method of presentation and further implementation of a complex quality assessment model by means of fuzzy mathematics, which makes it possible to increase the efficiency of expert assessment, is described. A method for forming a team of experts is proposed, which implements the selection of an expert from several applicants, while taking into account the communication capabilities of individual members of the team of experts. The applied information technology for complex assessment of the quality of heavy automobile equipment in the aspect of its operation is described, in order to justify the choice of a model range for the acquisition of this equipment in the implementation of large-scale infrastructure projects.

Private-Sector Participation in Infrastructure Projects and Value for Money

2005 ◽  
Vol 1932 (1) ◽  
pp. 16-22
Author(s):  
Kazuaki Miyamoto ◽  
Yukiya Sato ◽  
Keiichi Kitazume
Keyword(s):  
Public Finance ◽  
Private Sector ◽  
Local Governments ◽  
Economic Benefits ◽  
Public Works ◽  
Infrastructure Projects ◽  
Value For Money ◽  
Financial Flows ◽  
Private Sector Participation

Private-sector participation in infrastructure projects has gained worldwide acceptance as a way of ensuring more efficient and effective projects and of supplementing public financing. However, few studies have comprehensively focused on the possible impacts of private-sector participation, including changes in multiplier effects, economic benefits and costs, and the tax effects and transfer between local and central governments. The aim of the present study was to develop a comprehensive system of estimating the various impacts caused by changes in the scheme of public works or procurement of public services and evaluating the final impacts on stakeholders in the society. After establishment of a general flow system of money and benefits in the case of an infrastructure project by identification of the relationships between the stakeholders, tools were installed into the system to estimate the amount of financial flows, including tax and subsidy, under an alternative public finance institution and a project scheme. As a case study, a road project adhering to the design, build, finance, and operate scheme was compared with one adhering to the conventional scheme. The results of the case study indicate that value for money evaluation depends to a significant extent on the viewpoint and the scope of the analysis and that the difference between evaluations can be substantial. In addition, the results demonstrate the necessity of public finance transfer between central and local governments to ensure that the project is more efficient and effective with the participation of the private sector.

Public–Private Partnership Monitor: Georgia

2021 ◽  
Keyword(s):  
Public Sector ◽  
Private Sector ◽  
Public Private Partnership ◽  
Infrastructure Projects ◽  
Policy Makers ◽  
Private Partnership ◽  
Private Sector Participation

This publication provides a detailed overview of Georgia’s public–private partnership (PPP) landscape to help public sector policy makers improve private sector participation in infrastructure projects.

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