The Global Infrastructure Hub has launched its Project Pipeline to provide the private sector with free information about government infrastructure projects across the world.
Australia, China, Colombia, Korea, Mexico, New Zealand and Uruguay are the initial group of seven countries that have joined the Pipeline at launch, adding some of their major infrastructure projects to the online database.
The Pipeline provides early stage visibility of potential projects, and will then track projects over time as they progress through their life cycle from conception to operation.
This will enable the private sector to better evaluate project opportunities in public infrastructure across jurisdictions and markets.
Importantly, the Pipeline will also act as a marketing tool for the public sector, helping governments promote their infrastructure projects and programmes.
GI Hub chief executive Chris Heathcote says the Pipeline will provide visibility, accessibility and consistency of project information in a single platform which will be available for everyone to use, free of charge.
“We know that the private sector is demanding clear, updated and accurate information on projects to help them prepare and plan for their involvement, and we believe the Pipeline will deliver this,” Mr Heathcote says.
An online database has been launched as the first phase of the project. In time, it is expected that more than 20 countries will participate.
The GI Hub expects that the Pipeline will be further developed over time as governments and the private sector use the tool and provide feedback on how it can continue to be improved.
“We greatly appreciate the efforts of this initial group to work with the GI Hub and get some of their projects onto the database to allow us to start the Pipeline and display to other countries what a Pipeline can achieve,” Mr Heathcote says.
The Pipeline provides specific details on projects on a country basis. All project information will be submitted by the relevant government agencies in each jurisdiction.
It allows users to access and search information by multi-field criteria such as region, country, sector or sub-sector, project stage and private sector role.
The 2014 Brisbane G20 Leaders Summit, which established the GI Hub, tasked it “to ensure that there is a comprehensive, open source project pipeline database, connected to national and multilateral development bank databases, to help match potential investors with projects”.
The GI Hub is producing a range of tools aimed at helping to unlock trillions of dollars from private investments to fund much needed public infrastructure across the world.
To register for the pipeline, and for more information, go to
pipeline.gihub.org.
About Global Infrastructure Hub
The Global Infrastructure Hub (GI Hub) was launched in 2014 with a G20 mandate to increase the flow and the quality of opportunities for public and private infrastructure investment.
It works to facilitate a better supply of quality, bankable government infrastructure projects to the private sector, identifying reforms, planning approaches and risk management strategies that drive public-private partnership and investment into infrastructure.
For more information about GI Hub, visit http://globalinfrastructurehub.org.
