Budgeting and public expenditures
OECD Forum on Governance of Infrastructure
Productivity, jobs, wellbeing: making infrastructure deliver
20 March 2017
Good practices in infrastructure delivery
This meeting looked at the good practices in key areas for making infrastructure deliver; including infrastructure policy and planning, stakeholder participation, integrity, procurement, and institutional arrangements for multi-level investment projects.
The Forum gathered decision-makers covering relevant fields, professions, regions, the public and private sector; from centres of government, ministries of finance, regulators, investors, sub-national governments, cities, financial institutions and institutional investors to work together on new solutions that good governance of infrastructure can bring to today’s challenges.
The Forum consisted of 4 sessions:
- Infrastructure: why, for whom and where?
- Jobs and wellbeing - can infrastructure investment actually create jobs and secure wellbeing where it is most needed?
- Public investment in the public interest: accountability and cost-effectiveness.
- Crowding in private financing to support a public vision for infrastructure.
The OECD Framework for the Governance of Infrastructure
High-quality public infrastructure supports growth, improves well-being and generates jobs. Yet, infrastructure investment is complex, and getting from conception to construction and operation is a long road fraught with obstacles and pitfalls.