Globalization, Mega Transport Projects and Private Finance

Author(s): Dimitriou, Harry T.
All authors:
Dimitrou, H.
Host organisation: CoE London, UK
Publication year: 2009
Published in:
VREF Future Urban Transport Conference Paper, 2009
Research theme: Management and Control, Policy and Planning
Keywords:
mega transport projects, private finance, globalization
Type:
Conference proceedings
Summary:
This paper attempts to examine some of the shifting sands of global infrastructure investment practices at the close of the twentieth century and the opening years of the twenty-first, when MTP infrastructure investments were seen as a “hot investment area” leading many international bankers/investors salivating at the prospects ahead, particularly in the emerging economies. The author foresees that much financial risk in international infrastructure development will be transferred from the private sector back to the public sector as international banks and other global infrastructure investors increasingly encounter major credit liquidity problems. With the public sector worldwide now much less confident on what can be expected of the private sector in financing MTPs, the paper argues the case for examining lessons learned from past global MTP infrastructure investment practices, together with outcomes of emerging practices that might be better understood through scenario planning. The author suggests that these are more likely to better inform future MTP planning, including any planning initiatives associated with proclaimed intentions to employ 'New Deal' type approaches to infrastructure investment as a means of re-igniting national economies and global economic growth.
September 2020
Upcoming Events
Mo Tu We Th Fr Sa Su
v36    1 2 3 4 5 6
v37  7 8 9 10 11 12 13
v38  14 15 16 17 18 19 20
v39  21 22 23 24 25 26 27
v40  28 29 30        

2nd CALL FOR PROJECTS WITHIN THE MAC-PROGRAM

The VREF invites Sub-Saharan based researchers with expertise on sustainable and equitable
mobility and access or related areas, and strong interest in carrying out interdisciplinary research. Open for application until 2020-09-29

MOBILITY GRANT 2020 - MAC-MG 2020

The VREF invites PhD students and advanced master students from Sub-Saharan African (SSA) universities to apply for a Mobility Grant (MG) to support a visit to another SSA university with up to SEK 25 000.

 STUDY VISIT GRANT 2020

The VREF invites PhD students and researchers in early stages of their career to apply for a Study Visit Grant to be supported with up to SEK 30 000.

Each year the Håkan Frisinger Foundation for Transportation Research awards a scholarship to a prominent researcher.

Read more...

Lee Schipper Memorial Scholarships for Sustainable Transport and Energy Efficiency targets supporting the momentum of Lee Schipper’s contribution to the international policy dialogue in these fields.

This yearly award is aimed at supporting young individual researchers and students in is pursuance.

Call extended to April 30, 2020 due to COVID19.

Read more...

Blog! Blog! Blog!

Global Mobility Research

This Meeting of the Minds' blog monthly releases interviews of global transportation researchers from the VREF's Future Urban Transport Program Network.

TheCityFix

This CityFix series, produced by the WRI (World Ressources Institute) Ross Center for Sustainable Cities and supported by the VREF, discusses walking and cycling in cities with a special focus on low- and middle-income countries.

About VREF

The Volvo Research and Educational Foundations (VREF) inspires, initiates and supports research and educational activities through the Future Urban Transport Programme - How to deal with the complexity of urban transport (FUT). 

Our Vision: Sustainable transport for equitable access in urban areas

Read more

© Copyright VREF
2020