The core of contemporary societies is infrastructure, it is crucial for inclusive growth and poverty reduction on a habitable planet, access to clean water, schools, hospitals, energy, transportation, and digital networks. To fulfill the 2030 Sustainable Development Goals and the Paris Agreement targets, infrastructure must be reimagined as sustainable, resilient, and inclusive. Financing, planning, and construction all require innovative approaches. Developing sustainable infrastructure in emerging markets and developing economies requires colossal annual investments in the trillions. Innovative funding, planning, and construction approaches are paramount to achieving this. Firstly, governments facing fiscal constraints must prioritize private sector-led infrastructure development and finance through mechanisms like public-private partnerships (PPPs). Secondly, development banks, including multilateral development banks (MDBs), play a crucial role, facilitating large-scale private i
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These are absolutely frightening statistics. All the more reason to move away from the traditional tendering systems and move towards an alliance type tender, where the client, engineer & contractor work together as a team and make decisions based on the best solutions from a budget, time and quality point of view. Every job that I worked on where the 3 entities worked together for the benefit of the job were the most successful with the least amount of unnecessary stress.
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