Summary of Prioritizing Infrastructure Investment
A Framework for Government Decision Making
World Bank Group © 2016. Public-Private Partnerships Cross-Cutting Solutions Area & Singapore Infrastructure and Urban Development Hub May 2016
With too many infrastructure projects and not enough money, how do you decide which ones to fund?
Due to the huge amount of capital required for investments in infrastructure, governments need to prioritize projects. The World Bank’s Darwin Marcelo, Cledan Mandri-Perrott, Schuyler House and Jordan Schwartz offer an “Infrastructure Prioritization Framework” to help guide decisions. While this framework could be useful for cash-strapped governments that can’t engage in a more extensive analysis, it is, the authors admit, just a “stopgap approach”: While it doesn’t provide a conclusive list of projects for implementation, it does offer valuable data and decision criteria. getAbstract suggests this informative report to policy makers and managers interested in new investment evaluation techniques.
In this summary, you will learn
- What the “Infrastructure Prioritization Framework” entails
- How officials could use the IPF to rank infrastructure projects
- What makes IPF a better approach than other project selection techniques
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