FIDIC and Infrastructure Projects

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FIDIC andInfrastructure Projects
BIMILACI 2003 IDB, Washington DC 15 - 16 May

• Eigil S. Pedersen
• President

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Past and present

• Major development bank task
• Great hopes for private financing
• 1990s developing countries 750 billion
• Recent downturn
• New challenges
• Use lessons learned

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Public infrastructure observations and ideas

• Excellent private financing examples
• Floor for meaningful privatisation
• Private sector potential airports urban mass
  transport high traffic freeways, bridges,
  tunnels
• Public sector advantage low traffic roads,
  railways
• Utilities - it depends

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Subjects for dialogue

• Challenges of increased DB financing of public
  infrastructure investments
• Roles of consulting engineering firms
• Inputs by FIDIC, its Member Associations
• Consulting engineering contributions
• - project quality
• - economy and efficiency
• - transparency and accountability
• - sustainability technical, economic, social,
• environmental