New report offers guidance for mitigating political and regulatory risks for major infrastructure projects around the world
25 February 2015 - New York, Geneva – A new report, Mitigation of Political & Regulatory Risk in Infrastructure Projects, has been published as part of the World Economic Forum's Strategic Infrastructure Knowledge Series.
According to the introduction, political and regulatory risk is one of the major constraints on infrastructure investment decisions. It takes different forms over an infrastructure project’s life cycle, from delayed construction permits and community protests to breach of contract, tightened regulations and the non-renewal of licences. In addition, some broader risks apply throughout the life cycle – changes to taxation laws, for instance, and endemic corruption.
The report, prepared in collaboration with The Boston Consulting Group, presents a risk-mitigation framework consisting of actionable measures to be taken by the various parties – some by the private sector, some by the public sector and some by the two sectors jointly. Further guidance is provided in the form of 25 international best practices from different infrastructure sectors.
To access this report, go to https://pmworldlibrary.net/major-projects-programmes/. Scroll down and click on “Resources for Planning/Managing major Projects/Programmes”. Must be a logged in library member to access.
