Infrastructure

Is enough being done to ensure successful delivery of Infrastructure projects?

Is enough being done to ensure successful delivery of Infrastructure projects?

The InfraCompass Report analysed 49 countries on their performance with regards to 6 Key Drivers Of Successful Planning And Delivery Of Infrastructure Projects. The countries analysed account for just over 90% of global GDP and slightly less than 75% of the global population. Approximately two-thirds of the countries are classified by the World Bank as ‘high income’ (also referred to as ‘developed... »

A NEW DAWN FOR UNEMPLOYMENT ALLEVIATION?

A NEW DAWN FOR UNEMPLOYMENT ALLEVIATION?

In the 4th quarter of 2017, the unemployment rate in South Africa decreased to 26.7% from 27.7% in Q1, Q2 and Q3.   Looking at specific sectors, job losses were as follows: • Finance and other business services: 92,000 • Mining: 39,000 • Trade: 25,000 • Transport: 5,000 • Utilities: 4,000   On the positive side; Manufacturing added 13,000 jobs – the highest number added. Construction and com... »

6 KEY DRIVERS OF SUCCESSFUL PLANNING AND DELIVERY OF INFRASTRUCTURE PROJECTS

6 KEY DRIVERS OF SUCCESSFUL PLANNING AND DELIVERY OF INFRASTRUCTURE PROJECTS

  Infrastructure, delivered right, promotes economic growth and lifts communities out of poverty. But often, infrastructure projects fail to deliver their full potential because they are stymied by weak governance or regulatory structures, lost in bureaucratic density, or poorly planned. The infrastructure challenge has been discussed at length, but with very little clarity around the solution. Th... »

ASSET RECYCLING STRATEGY: A SOLUTION TO CLOSING INFRASTRUCTURE INVESTMENT GAPS?

ASSET RECYCLING STRATEGY: A SOLUTION TO CLOSING INFRASTRUCTURE INVESTMENT GAPS?

Short political cycles, short-term investment horizons, a lack of viable financing structures, inappropriate risk assessment frameworks and a lack of long-term vision mean that much-needed investment does not flow to infrastructure and development. This results in a US$1 trillion annual shortfall in infrastructure alone. According to the WEF report titled Recycling our Infrastructure for future ge... »

Top 7 Causes Of Delays Infrastructure Mega Projects In Africa

Top 7 Causes Of Delays Infrastructure Mega Projects In Africa

The number of global  mega-projects that are either over budget, late or both, is alarming. Nine out of 10 global mega-projects (projects with a value of at least US$1bn) experience cost overruns.Although average overrun estimations vary greatly, some studies suggest that this could be as high as 70% for cost overruns and 183% for time overruns.Cost overruns also differ by sector. For example, est... »