Boston Consulting Group (BCG)’s Post

🇪🇺 Did you know that Eurozone nations tend to be slower at rolling out major infrastructure projects – but do so at lower cost – compared to peer countries like the UK, US and Australia? This and other insights are unveiled and explored in BCG’s new research into UK infrastructure delivery, which looks at 2,300 projects globally from the past two decades. How can these challenges be overcome? Our report draws upon best practice case studies from around the world to help answer this. One such example is the Dutch planning reform of the early 2000s, implemented by the government in the face of increasing time and cost overruns for infrastructure projects. Our research looks at this and many other areas in which Eurozone nations do well, often including remarkable cost efficiency per kilometer when it comes to rail and highways. 🚆 An essential read for anyone involved in planning and delivering infrastructure projects in any nation, the full report is available here: https://on.bcg.com/49hwRqV

🇪🇺 Did you know that Eurozone nations tend to be slower at rolling out major infrastructure projects – but do so at lower cost – compared to peer countries like the UK, US and Australia? This and other insights are unveiled and explored in BCG’s new research into UK infrastructure delivery, which looks at 2,300 projects globally from the past two decades. How can these challenges be overcome? Our report draws upon best practice case studies from around the world to help answer this. One such example is the Dutch planning reform of the early 2000s, implemented by the government in the face of increasing time and cost overruns for infrastructure projects. Our research looks at this and many other areas in which Eurozone nations do well, often including remarkable cost efficiency per kilometre when it comes to rail and highways. 🚆 An essential read for anyone involved in planning and delivering infrastructure projects in any nation, the full report is available here: https://on.bcg.com/4cjHNH9

The National Infrastructure Commission has today published its annual review with a warning that progress on policy, funding and delivery is mixed for transport (chapter 5). I haven't had a chance to review the findings yet in detail but a couple of key highlights that stand out - a coherent long-term plan for rail is needed, poor rail connectivity in the north and Midlands needs to be addressed, there is an urgent need to ensure infrastructure is resilient to climate change and that the government publishes it's third Road Investment Strategy as soon as possible. Transport for the North, Midlands Connect, National Highways, Department for Transport (DfT), United Kingdom, Great British Railways Transition Team (GBRTT), #netzero, #resilience, #levellingup, #publictransport, #infrastructure, #transport, #policyreview, #Capita

In today’s blog, partner and parliamentary agent Mustafa Latif-Aramesh looks at the new advice notes published by the Planning Inspectorate for DCO projects, as well as the Welsh Government’s consultation on infrastructure. Read the full blog here: https://bit.ly/4exP0U7 #planning #infrastructure #developmentconsent #DCO #planninglaw

High Speed Rail Group has launched a new report ‘Driving Investment in Rail Infrastructure'. The report calls for the government to adopt a whole system approach to #rail, and outlines the critical steps needed to create a long-term rail infrastructure strategy that brings in private investment and explores a range of funding options. The multitude of benefits new rail infrastructure offers is not unknown but is not always articulated as clearly as it could be. Our high speed rail director, Neil Henderson FICE CEng, delivers that insight in the report by detailing how new rail infrastructure offers significant opportunities for economic growth, as well as social and environmental benefits. It creates new jobs, connects communities, and stimulates investment in areas of greatest need. Additionally, the new UK government’s planned housing-led growth is impossible without supporting #infrastructure. Despite these benefits, the UK lags behind the rest of Europe in new rail infrastructure development, particularly in northern England. The report stresses the need for pragmatic solutions and rebuilding confidence in the UK’s design and construction sector to deliver rail projects on time and within budget. Find out more and read the full report here: https://mottm.ac/3BWZgas

Recent research by the Northern and Western Regional Assembly lays bare the need to adopt a regional approach for the revised National Planning Framework to overcome sizeable infrastructure deficits in the Northern and Western Region. The Northern and Western Regional Assembly has urged the Government to fast-track the delivery of 13 major infrastructure projects, as their research has found the region is now on par with the least well-off areas of Europe in terms of infrastructure. Further research found that the region received less than 10% of the nationwide investment in infrastructure projects in contrast to the Eastern and Midlands Region of Ireland which received 66.5%. The WDC applauds the NWRA on their findings and supports their submission to Government to address these infrastructural deficits. See the RTÉ report 👉 https://loom.ly/4bBbQyo

It's fantastic to see Infrastructure NSW taking bold steps towards a sustainable future with the release of the National Embodied Carbon Measurement for Infrastructure: Technical Guidance. This document provides a consistent approach to measuring embodied carbon in infrastructure projects developed in close collaboration with other Australian jurisdictions—a crucial move towards effective carbon management. At MI Engineers, we couldn't agree more that consistent measurement is the key to driving meaningful progress in infrastructure decarbonisation. While navigating these new standards might feel overwhelming, we're here to help. With extensive experience working alongside large asset owners in the UK, we've developed comprehensive carbon libraries covering PAS 2080 Modules A, B and C for whole-of-life assessment. If you need help figuring out where to start or need guidance in implementing these standards, MI Engineers is ready to support your journey to a lower-carbon future. Please get in touch with us via our website for more information: https://lnkd.in/gt3MY8YY #InfrastructureDecarbonisation #Sustainability #CarbonManagement #MIEngineers #NetZero

In this commentary that I wrote for the Payne Institute for Public Policy at Colorado School of Mines, I noticed that many years of observations in developing and emerging countries make it very clear that no country can achieve sustained increases in GDP without spending on infrastructure, whether for energy services, water treatment plants, roads, railways, ports and airports, telecommunications, digital transformation, urban services, rural facilities, or environmental protection.This policy paper focuses in particular on small and medium projects in infrastructure projects with an attention on some of the similarities and differences between large infrastructure projects on the one hand and small and medium projects on the other. It also discusses certain types of small and medium projects and policy implications. It concludes that the most important implication is that governments should do what they can to reduce transaction costs. This may take the form of standardizing contracts, doing the preparatory work on innovative projects or streamlining approvals processes through concession laws. It also argues that sound policy reforms can expand available investment funding, lower investment risks, and attract more funds. https://lnkd.in/gxJgmeyw.

🗓️ 9-10 APRIL: Join the 2024 OECD - OCDE Infrastructure Forum: Infrastructure for Resilience Don’t miss the opportunity to hear from decision-makers from the public and private sectors, centres of governments, ministries of finance, procurement agencies, regulators, financial institutions and institutional investors, who will share innovative ideas, best practices, and cutting-edge solutions to support resilient infrastructure in regions and cities. Register 🔗 https://oe.cd/5sX #OECDinfra #InfraForum #Infrastructure #Infrastructure4Resilience

In the below policy paper published by the Payne Institute for Public Policy, ISID's Professor of Practice Jamal Saghir states that many years of observations in developing and emerging countries make it very clear that no country can achieve sustained increases in GDP without spending on infrastructure. This policy paper focuses in particular on small and medium projects in infrastructure projects and discusses policy implications. It concludes that the most important implication is that governments should do what they can to reduce transaction costs. Link to the policy paper: https://lnkd.in/egjTMspD