This paper discusses some of the main challenges in developing a robust and viable project pipeline to address the daunting infrastructure needs facing many countries worldwide. It first introduces infrastructure project pipelines in different countries and then analyses challenges from political side as well as planning, preparation, and execution processes. After that, it presents project preparation phases and different types of project preparation facilities. Followed by that, it raises possible project preparation models for a new financial institution.
This paper is part of the working paper series “Infrastructure Finance in the Developing World” and is a joint research effort by GGGI and the G-24, exploring the challenges and opportunities for scaling up infrastructure finance in emerging markets and developing countries.