|Client||UK Department for International Development (DFID)|
|Service(s)||Policy & Economics, Review & Evaluation|
CEPA completed a year-long research project for DFID into the constraints facing the development and financing of infrastructure projects. We undertook detailed research in Ghana, Kenya, Mozambique, Nigeria, South Africa and India. In particular, we looked at whether limited infrastructure investment has been primarily caused by a lack of a pipeline of bankable projects or a lack of affordable finance. Our research focused on two aspects. The first, articulating, and to the extent possible quantifying, the nature of the problem; and the second recommending potential solutions as they relate to developing bankable projects and to improving access to finance. The ultimate objective of the research is to improve the evidence base for donors, MDBs and partner governments, which will help with planning and programming in the areas of developing and financing infrastructure projects. A number of reports are set to be published, including: a synthesis report summarising all the findings, a literature review, four country case studies, a policy options report, a report on finance for regional projects, and a report on international capital flows.
The documents produced by CEPA can be accessed here.