Ingenieur April-June 2016 Ingenieur Apr-June 2016 | Page 41

identifying revenue streams that can be sustainable both at the financial and political levels. “PPPs can be a solution, but not for everybody,” says Antonio Estache, an infrastructure expert at the European Centre for Advanced Research in Economics and Statistics at the Universite Libre de Bruxelles in Belgium. “Market size matters, risk level matters, the ability to pay the privatesector partner matters, as well as political and regulatory capacity.” Long-term commitment and a strategic vision by officials are requirements because this is a politically sensitive area and a change of political winds can jeopardize projects. “Though we have the rule of law, the US is one of the more politically risky places to invest in infrastructure,” says Richard Little, a US-based infrastructure policy consultant. “Our elected officials quickly back off from a project if voters decide they don’t like it.” In 2011 the Republican Governor of Florida, Rick Scott, rejected federal funds for US$2.4 billion (authorized by a Democratic Administration) ●● EcoClean Technology EcoClean Technology Sdn Bhd to build a high-speed rail between the cities of Tampa and Orlando. A private developer is now carrying out a more limited version on its own. Above all, private involvement in public infrastructure needs “a credible pipeline of productive, bankable, investment-ready projects offering acceptable risk adjusted returns,” says the IFC’s Sheahan. Once again, the US is an example of how not to do things. “We have been going about it one project at a time. California did the (US$340 million) Long Beach Courthouse in California, which was great but completely standalone,” says Little. “Where is the sustained body of projects?” Though challenges remain, infrastructure investment holds enormous promise across the world. Everybody has a stake in it, with workers needing jobs, citizens needing access, investors needing returns, multinational corporations needing to move their goods around faster and cheaper, and Governments needing to foster economic growth without adding to their already high debt burdens. EcoClean Ausdrain EnviroModule™ CDS RAINWATER FILTRATION UNIT EcoClean Ausdrain EnviroModule™ SISTEM VAKUUM SDN. BHD. EcoClean Ausdrain Drainage Cell EcoClean Ausdrain EcoClean Ausdrain Drainage Cell Drainage Cell Contact US: EcoClean Technology Sdn Bhd Tel : +603-9171 8160 Fax : +603-9171 9160 Email : [email protected] Website : www.ecoclean.com.my Sistem Vakuum Sdn Bhd Tel : +603-9171 6445 Fax : +603-9172 6920 Email : [email protected] Vacuum Sewers Vacuum Valve Unit Vacuum Station List of Products / Systems Website : www.sistemvakuum.com 12A-02, 03 & 03A, Wisma Zelan, Jalan Tasik Permaisuri 2, Bandar Tun Razak, Cheras, 56000 Kuala Lumpur, Malaysia 39