All Transport
Evolution of transport infrastructure investments since before the financial crisis
Statistics Brief,
4 July 2019
Quantifying Private and Foreign Investment in Transport Infrastructure
Discussion Paper, Policy Insights,
15 March 2019
- Improve the collection and dissemination of disaggregated data on the level and characteristics of private investments in transport infrastructure.
What is Private Investment in Transport Infrastructure and Why is it Difficult?
Discussion Paper, Policy Insights,
28 January 2019
- Distinguish between infrastructure and the operations that take place on it.
- To pursue private investment in infrastructure, choose between competition for the contract or the regulated model.
- Differentiate between attracting private investors in existing assets (privatisation) and in new infrastructure PPPs.
Connectivity and City Clusters
Roundtable Report, Policy Insights,
29 October 2018
- Invest in ways that support polycentric urban development where natural regional markets exist.
- Locate strategic functions of the city cluster in areas most accessible by all citizens.
- Adapt governance structures to clustered urban development.
- Address structural issues that lead to unnecessary urban spread.
Automation and value of time for passenger transportation
Presentation, slides, speech,
24 September 2018
Inland transport infrastructure investment in OECD remains stable at 0.7% of GDP
Statistics Brief,
19 August 2018
Reducing the cost of major infrastructure procurement in publicly and privately financed projects
Presentation, slides, speech,
21 June 2018
The Procurement Design Assessment System: The roadmap towards it
Presentation, slides, speech,
21 June 2018
Private Investment in Infrastructure: Dealing with uncertainty in contracts
Presentation, slides, speech,
21 June 2018
Competition in Large Projects: PPPs vs Traditional Procurement
Presentation, slides, speech,
21 June 2018
Addressing risk and uncertainty in long-term PPP contracts
Presentation, slides, speech,
21 June 2018
Private Investment in Transport Infrastructure: Dealing with Uncertainty in Contracts
Research Report, Policy Insights,
21 June 2018
- Pursue private investment in infrastructure on the merits of improved efficiency.
- Invest more into upfront preparation of projects to reduce inefficient risk pricing by suppliers.
- Undertake a comprehensive analysis of how to assist suppliers.
- The pursuit of certainty in delivery should be balanced against cost.
- Stimulate innovation through early contractor involvement or alliancing, not public-private partnerships.
- Avoid transferring demand risk to public-private partnerships if service levels do not strongly impact demand.
- Bundle and cross-fund public-private partnerships to reduce demand risk.
- Adopt the regulatory asset base model where competition is absent or demand not strongly endogenous.
- Introduce a transparent public accounting standard to maximise the value for money of private investment.
- Foster competitive markets to achieve cost-effective infrastructure.
- Pursue data collection on how contract design affects project outcomes.
- Support the development of an evidence-supported procurement tool.
Blockchain and Beyond: Encoding 21st Century Transport
Corporate Partnership Board Report, Policy Insights,
16 May 2018
- Public authorities must prepare for a much more networked and meshed world.
- Take into account changes in data science and technology when developing Mobility as a Service.
- Look beyond initial cryptocurrency applications of distributed ledger technologies.
- Governments should help deploy the building blocks that enable wider uptake of distributed ledgers.
- Apply blockchain technology now for slow and (relatively) small transport use cases; anticipate next generation distributed ledger technologies for “big and fast” applications to be deployed later.
- Governments should develop algorithmic code-based regulation to accompany the uptake of distributed ledger technologies.
Integrating Urban Public Transport Systems and Cycling
Roundtable Report, Policy Insights,
25 April 2018
- Design interchange stations to provide secure, uncongested conditions for transfer by the shortest routes possible.
- Provide adequate bike parking areas at stations and stops.
- Integrate ticketing and information systems as well as the physical transport infrastructure.
- Establish integrated urban transport plans in consultation with stakeholders and the public.
Understanding Urban Travel Behaviour by Gender for Efficient and Equitable Transport Policies
Discussion Paper, Policy Insights,
1 February 2018
- Public transport scheduling needs to consider a wider range of needs and preferences.
- Taxi and informal transit services require safer regulations and technologies.
- Gender analysis leads to effective and efficient transport demand management.
- Safety improvements are key to ensure optimal public transport use.
Partenariats public-privé pour les infrastructures de transport
Roundtable Report, Policy Insights,
29 January 2018
- Ne renégocier les PPP que dans des cas exceptionnels.
- Faire appel à un arbitre indépendant pour établir si le résultat d’un PPP cadre avec ce que les parties auraient négocié si elles avaient prévu le changement intervenu.
- Envisager de charger une instance indépendante de statuer sur le bien-fondé de la renégociation d’un PPP.
- Inclure la réputation et la compétence avérée parmi les critères d’attribution des contrats de PPP.
- Comparer les avantages et inconvénients des PPP avec ceux des autres formes de participation des capitaux privés.
Shifting Economic Mass Towards Emerging Economies Shown In Global Freight Data
Statistics Brief,
1 December 2013
Better Regulation of Public-Private Partnerships for Transport Infrastructure
Roundtable Report, Policy Insights,
24 September 2013
- A mix of financing models spreads risks.
- A dedicated budget for PPPs, set in relation to the rate at which future liabilities will be accumulated, can provide such a limit.
- Explicit consideration of alternative financing arrangements should be employed in determining whether to proceed with PPP projects.
- It is recommended that governments require PPP projects to pass tests of affordability and to clear the hurdle rates of return generally applied to publicly financed transport projects.
- The expected cost of PPP projects should take account of cost inflation resulting from the propensity for projects to be renegotiated.
- At the individual project level, risks should be assigned to the party best able to manage them, along with rights to make related decisions.
- Assigning demand risk is not straightforward and risk sharing arrangements are therefore common.
- Continuity of resources and expertise is essential for addressing strategic behaviour and optimism bias more generally.
- Regulatory agencies are well placed to ensure transparency and accountability by publishing reports on the criteria employed to make decisions and publishing contracts.