Moving from strategies to bankable investment projects
June 22, 2009
Recently the Cities Development Initiative for Asia (CDIA) staged a regional workshop on the theme of supporting cities in Asia to fill the infrastructure investment planning and programming gap. The event was organized by two of CDIA’s partner organizations, Capacity Building International Germany (InWEnt) and the German Agency for Technical Co-operation (GTZ) and brought together 55 participants from 14 countries. During the event, CDIA introduced its new toolkit and computer model that was formulated to assist cities to get from a wish-list of potential projects to a structured list of priority projects. The toolkit is designed to help them up-scale their planning strategies to better undertake their current process of infrastructure investment programming and project prioritization.
In doing so, the toolkit adds value to this process through:
- Using a rational and systematic approach to prioritisation with a broad base of criteria to form a basis for objective decision‐making and selection of projects with a positive developmental outcome
- Analyzing the impact of projects on the local government budget and identifying the financing gap to ensure that requirements of potential financiers are recognised in an early stage but also that available resources are used as effectively as possible; and
- Guiding users through a programming exercise to include the projects in an investment plan that matches the fiscal space of the municipality
Currently, the CDIA program is supporting a growing number of cities in undertaking more effective investment planning/ programming and pre-feasibility/ project structuring for urban infrastructure and to subsequently link these cities and their investment proposals to investment financiers that are looking for well-formulated investment projects. This toolkit is but one contribution to help cities with this task.
It is expected that the toolkit will soon be available online for use by city administrations.