|
I say this to governments and agencies. Over and over. The problem is not finding investors with ideas. There are plenty. Funds. Developers. Contractors. Advisers. People with Power Points under the arm. The issue is distinguishing a serious, feasible infrastructure proposal from something that simply looks impressive. Because most bad projects do not arrive looking bad. They arrive with: A large economic impact. Strong demand forecasts. World-class infrastructure. Private capital. No cost to government. And, of course… A beautiful PowerPoint. Then you start asking… Who pays? Is the demand credible? Can the project be financed? Can it be built? Does the team have the capability to deliver it? These questions need to be asked ASAP, before too much time and resources are spent. Before too much political capital is committed. And definitely before everyone falls in love with the project. Infrastructure investors want opportunities. Governments want capital. But capital does not make a weak project strong. And enthusiasm does not make an idea feasible. Someone still needs to test the proposal. Quickly. Commercially. And without being distracted by the presentation. This is why I propose you today. Let’s review your infrastructure ideas, market-led proposals and investment opportunities to determine whether they are credible, investable and deliverable. Click below if interested.
​
PD 1: If you liked this email, don't keep it in secret and forward it to a friend. They will thank you enormously one day. PD 2: If somebody has sent you this email and you want to receive emails like this yourself, visit vicentevalencia.com PD 3: If you want unsubscribe, click the link below. |
Weekly insights on how to perform when it matters | High-stakes decisions. Real situations. No BS. | 👇JOIN +2k readers 👇
Australia’s Millennium Drought had been going on for years. Melbourne was running out of water. The politicians responsible for keeping the taps running and their seats well heated and cozy faced the kind of question no minister wants to answer: What happens if it does not rain? So Victoria made a decision. Large. Huge. It would build one of the biggest desalination plants in the world. Con 2 c*jones… or with 2 eggs. A plant capable of producing 150 billion litres of drinking water every...
Once, a government decided to build an airport for the future. Not for the demand it had. For the future. Montréal’s existing airport was becoming busy, and passenger numbers were growing rapidly. You know… Expo, Olympic Games… So Canada did what governments are often tempted to do. It thought big. Very big. The new Montréal–Mirabel Airport was intended to become one of the largest airports in the world. I repeat. In the world. The government expropriated approximately 400km2 of land… larger...
A client once asked me: What does good governance actually look like? I did not take long to draft a response. It’s something asked many times… Especially, when things start to get wrong. Well, it starts with experienced people. Period. And… People who bring different perspectives. People capable of overseeing an executive team without trying to become the executive team. Look. Governance is not day-to-day management. It is challenge. Support. Direction. And intervention when required....