Building successful projects for economies, communities and prosperity
The need for global infrastructure and investment in the coming decades is enormous. According to the Organisation for Economic Co-operation and Development, total global infrastructure requirements will account for approximately 3.5% of global GDP over the next 10–15 years. By 2050, approximately 75% of the infrastructure that will need to be in place does not exist today.
At EY, we support infrastructure programs from end to end, helping owners, investors and operators deliver value to their shareholders, stakeholders and users. We have extensive knowledge across a number of sectors, including power and utilities, oil and gas, real estate, mining and metals, and telecommunications, as well as the more traditional infrastructure sectors of transport, health, water, aviation, education, defense and renewable energy.
We use our depth of experience and collaborative approach to deliver innovative services that meet the challenges of today’s infrastructure projects. Those challenges include:
Delivering a robust business caseWhether driven by revenue growth, improved performance, better cost management or increased competitive advantage, organizations need to understand and manage the “big picture” when it comes to infrastructure projects.
Managing portfolio and capital allocations more efficientlyRobust management of capital is critical to the success of the project. Investors, procurers and builders also need to balance time, cost and quality with the availability of capital and competing projects.
Defining and delivering a successful projectIn delivering projects, organizations often face a number of key challenges, such as identifying the right suppliers, implementing robust program management processes and securing the best talent and resources.
Identifying and managing riskTo prevent issues and increase the confidence of management and investors, organizations need to identify, manage and report on potential risks throughout the infrastructure project life cycle.
Managing stakeholder agendas and engagementMany infrastructure projects need to navigate competing stakeholder interests and contributions.
We have integrated services to help our clients address these five key challenges. With our closely linked transactions, tax, assurance and advisory service teams, we provide independent, whole-life support and advice. We have proven industry-specific skills covering the full life cycle of a capital project.