Infrastructure agencies need to prepare for two very different scenarios—a sharp rise in funding or a precipitous drop.

The post-pandemic recovery could be decisive in the fight against climate change. Our analysis illustrates how policy makers can bring economic, environmental, and social priorities together.

As the pandemic causes supply to outpace demand in tendering, project owners must adjust their approaches to consider new risks—and make the shifts the industry needs to move forward.

Asset managers must understand the impact of climate change on their portfolios. Doing so can result in a more sustainable built environment that supports decarbonization technologies.

Leaders must tackle increasingly complex economic, social, and environmental challenges to ensure cities stay competitive. Harnessing new technologies can help.

Infrastructure projects can create jobs and spur economic growth—both critical as the world reckons with the fallout from COVID-19. But budgets are tight, so which projects should be prioritized?

Harvard economists Larry Summers and Ed Glaeser debate how to fund infrastructure investment in a post-COVID world.

Industry leaders weigh in on what infrastructure stimulus investments governments may want to prioritize in the near term as they consider economic recovery.

Governments have used a variety of measures to support commercial real estate and their tenants through COVID-19—with mixed results for both parties. What opportunity exists for new approaches?

Industry leaders are using the agile approach to reimagine how capital projects are delivered.

We are taking the advice we typically give our clients and applying it to our own construction project—and we’ll be sharing the challenges and lessons as we go.

Despite promising early successes, collaborative contracts remain a tough sell, especially in the context of a pandemic. Best practices can help project owners transition to greater collaboration.

Attracting private capital to help finance infrastructure projects is more important than ever, according to Michael Sabia, chair of the Canada Infrastructure Bank.

Climate change poses serious threats to infrastructure systems and the human lives that depend on them. It’s time for industry players to begin building resilience.

COVID-19 has reinforced the need for new ways to fund projects. Approaches taken on urban transportation projects shed light on a potential path forward.

Montréal’s Réseau express métropolitain (REM), a new light-rail network currently under construction, serves as a model for how investors can help build crucial infrastructure quickly and sustainably.

US infrastructure could again act as the country’s central nervous system—if the industry joins together to pursue connected construction.

Market changes, technological progress, and disruptive entrants will overhaul industry dynamics. All players must choose whether to defend the core or to reinvent themselves.

An ecosystem of connected digital twins is the start of a new approach to planning and managing assets.

Building companies seeking to make informed materials-procurement choices may confront data that are either lacking or too complex. A precompetitive consortium has responded with a free, open-source tool that anyone can use to help fill in the gaps.

At the sixth Global Infrastructure Initiative Summit, experts shared perspectives on how the infrastructure industry has responded to the COVID-19 crisis, how it can restart and reset, and how it can integrate pre-COVID-19 agendas with post-pandemic realities.

Engineering, construction, and building materials have a vital role to play in a post-pandemic recovery of our communities and economies. Seven actions can help companies prepare for the next normal.

Standby agreements for major capital projects can help preserve relationships as well as shore up suppliers’ and contractors’ solvency during construction standstills.

COVID-19 is a humanitarian challenge that will have lasting effects on how people live, work, and play. By acting today, real estate leaders can best serve end users and ensure their own viability.

At the sixth Global Infrastructure Initiative Summit, experts shared perspectives on how the infrastructure industry has responded to the COVID-19 crisis, how it can restart and reset, and how it can integrate pre-COVID-19 agendas with post-pandemic realities.

Amid the pandemic, many CFOs are struggling to stabilize cash flows. A quick reset of capital spending—which can usually be achieved in about four weeks—can help them reach their goals.

While much of the world is stalled, one global engineering consultancy is planning for the recovery by reorganizing its employee engagement while preserving engineering and construction operations.

Owners and contractors can protect both workers and project economics by embracing a more efficient approach to project execution.

Advancing infrastructure projects means owners must protect people, projects, and performance. This will require adopting an agile posture, continually assessing risks, and adjusting operations.

Research demonstrates that greater diversity creates better organizational and financial performance. Leaders from GII’s Building Change roundtable in San Francisco discuss the value of diversity and strategies for organizations to develop a more diverse and inclusive workforce.

Mobility, energy and infrastructure are converging and need to adapt to major disruptive forces—technological, societal and environmental. Leaders from GII’s Building Change roundtable in San Francisco describe these new challenges how and how to begin adapting to disruption now.

Industry leaders convened to address environmental and technological disruptions, their impacts on the infrastructure industry, and paths for moving forward.

It’s more important than ever for leaders to overcome fears and embrace the new energy landscape. Empowering consumers to make informed decisions can help.

The current labor shortage is just one reason why automation, if approached in the right way, could have a positive effect on the construction industry.

As the construction industry evolves, industry leaders share their takes on how the workforce will respond.

The energy, resources, and infrastructure sectors are low on a crucial source of talent: women. New data shed light on the size of the problem—and point to potential solutions.

The next generation of workers see the world differently than their parents did. Laurie Mahon, vice chair of CIBC’s global investment banking business, explains what this means for the infrastructure industry.

New skills and new entrants are needed in infrastructure-project delivery. Fortunately, the workforce of the future might be closer to home than expected.

Infrastructure builds hard assets—but rising complexity and diversity mean that the soft skills will matter more for future success, say infrastructure experts Greg Stanmore and Bruce Williamson.

Improving the well-being of construction workers is a key component of successful major projects and an ethical imperative. Tideway’s chief technical officer, Roger Bailey, shares his perspective.

The engineering and construction industry, long berated for lagging behind in terms of digitalization, is picking up steam. New business models are changing the game.

Bruno Balbinot’s background in the automotive industry informs his view of the construction landscape and how modular can meet a growing need.

Digital replicas of real-world objects can help construction companies mitigate risk and deliver more with fewer resources. Lendlease Group illustrates how this technology can be applied and scaled.

Real-estate developers are in prime position to lead the shift to modular construction. Crafting their product strategies and supplier partnerships are good places to start.

A look at countries that have embraced modular construction reveals that two critical conditions—labor dynamics and housing demand—predict adoption, though other factors can also play a big role.

Achieving a fully integrated modular construction offering relies on pragmatic leadership and a people-first culture.

As Katerra strives to digitally disrupt the construction industry and “productize” the way we build, CEO Michael Marks discusses lessons learned and aspirations.

Encouraging UK governments and construction companies to scale modern methods of construction can help address concerns over diminishing housing as well as prepare the emerging workforce to manage it.

As modular construction gains traction, industry leaders weigh in to identify common patterns and obstacles to overcome.

Unmanned aerial vehicles (UAVs), commonly known as drones, are a hot topic of debate. McKinsey asked two professionals close to the issue to weigh in on whether they believe UAVs will gain traction and claim a significant share of urban deliveries by 2030.

What infrastructure improvements will promote the growth of autonomous vehicles while simultaneously encouraging shared ridership?

What does the data tell us about the performance of urban transport systems across different geographies?

Five actions can help players across the private and public sectors move toward new mobility. Collaboration is key.

As Seoul’s mayor seeks to bring transportation improvements to the city, he must carefully consider how to implement sustainable infrastructure and new technologies to best meet citizens’ needs.

Los Angeles International Airport has undertaken one of the largest public works projects in California’s history. A focus on public–private partnerships has helped keep things on track.

Our road and rail infrastructure is not ready for the future of mobility. Owners and operators should act now or risk being left behind.

Transport authorities are navigating lower public-transit ridership, declining air quality, and growing financial pressures. Integrating bus networks into the broader urban infrastructure is key.

Jakarta's flagship rapid-transit project has proven successful within its first year. MRT's director envisions a total of 230 kilometers of railway alleviating some of the world's worst congestion.

McKinsey’s latest mobility start-up and investment tally shows the industry invested $120 billion in the last 24 months.

Urban traffic is getting worse. Here's how public- and private-sector leaders can forge a strategy toward seamless mobility.

Understanding what makes large-scale real-estate projects different than smaller projects can greatly improve developers’ chances of maximizing profitability.

Developers can optimize success rates for major projects by focusing on inhabitants’ health, community, and quality of life.

Large-scale and integrated real-estate developments are full of risks and often fail to deliver, but they aren’t going away. As consumer preferences continue to change and technology evolves, developers must take a new approach.

First constructed in the 1930s and decommissioned some 50 years later, the Battersea Power Station has been the focus of numerous redevelopment projects, none of which were successful. A new, seven-phased approach has helped reverse that trend.

Whether it is a boutique hotel or a multibuilding, multiuse major development, the brick-and-mortar aspects of real estate may soon be meaningfully influenced by the value of services provided.

Large-scale integrated urban developments can be challenging endeavors, especially as customer needs and technologies keep changing. One master urban developer discusses successful approaches to overcoming obstacles in the development process.

Hudson Yards is a 28-acre, mixed-use neighborhood on the west side of Manhattan. Outfitting it with sustainable power and technology solutions was no easy feat—but well worth the effort.

When a mall operator uses advanced analytics to select tenants, optimize mall layout, and determine rents, its revenues can rise by 20 percent.

Real-estate major projects are notoriously difficult to manage given their long timelines. Complexity, risk, and new technology compound the struggle. One developer sees a path forward in leading with vision, customer centricity, and open architecture.

Climate-related risks are on the rise, and our critical infrastructure is underprepared. Both public and private infrastructure owners should pursue three actions immediately to shore up our assets.

In an era of rising customer demands, the infrastructure industry needs to support new solutions, reshape capital markets, and take a long-term term approach to asset development.

To promote wider adoption of document and process standardization in the infrastructure industry, public- and private-sector organizations should foster greater collaboration during the early stages of project development.

To thrive in changing industries, capital projects and infrastructure owners, contractors, and operators must acknowledge the importance of culture, build forward-looking leadership teams, and embrace diversity and inclusion.

Technology and data can help cities absorb future growth and weather any shocks that come their way.

A shortage of affordable housing is taking a toll in every geography and on every segment of society. Several strategies can help governments free up supply of land, resources, and productivity.

As the digital world becomes increasingly connected, it is no longer possible for infrastructure owners and operators to remain agnostic in the face of evolving cyber threats. Here’s what they can do to build an integrated cyber defense.

In the effort to tackle the backlog of infrastructure maintenance in the United States, five steps can help prioritize projects to not only meet the greatest needs but also build resilience.

As the costs of energy-storage systems continue to fall, engineering and construction companies will need to improve their operations to stay competitive.

The country’s long-term vision, use of innovative technologies, and stakeholder engagement efforts have been critical to its success.

Larsen & Toubro CEO SN Subrahmanyan sheds light on how he’s seen digital technologies, particularly sensors, evolve the major projects industry.

By mitigating key risks of investing in major infrastructure projects in emerging markets, banks, governments, and international financial institutions can close the funding gap in developing Asia.

Through history, from the Great Wall of China to today’s transport and energy infrastructure, major projects have set themselves apart—but what are the keys to success with leading the very largest projects?

What elements lay the groundwork for “smart infrastructure,” and how can the public sector drive them?

Leaders don’t want their projects to be in a turnaround situation, but that often happens. Here are some tactics for resolving problems quickly.

In an era fraught with change, senior partner Robert Lewis and partner Jose Luis Blanco spoke with Jacobs chairman and CEO Steve Demetriou about how E&C companies can set themselves up for success.

Technology is disrupting construction on multiple fronts. What are the consequences for infrastructure-investment managers?

Full implementation of integrated project delivery (IPD) or other forms of alliance contracting isn’t for everyone. But everyone can and should implement collaborative contracting practices today to improve project outcomes.

By understanding the full suite of potential BIM benefits and hiring the right people to oversee project-wide implementation, engineering and construction players can better leverage this nearly ubiquitous tool in major projects.

Owners and contractors can share “integrated project delivery” benefits on any project—including digital workflows and increased visibility—through a connected data environment.

With digital solutions poised to disrupt capital projects, companies must overcome their long-standing reluctance to apply these tools. Here’s how.

Engineering and construction is behind the curve in implementing artificial intelligence solutions. Based on extensive research, we survey applications and algorithms to help bridge the technology gap.

As construction moves into the cloud, here’s what industry leaders must do to lay the groundwork for change.

Asset owners are lagging other industries in data analytics. Now’s the time to get going.

Stakeholders serious about garnering support for infrastructure projects can turn to technology to tell the story and highlight value.

Has the construction industry been thinking about capital project delivery in the wrong way?

Utilities have found it hard to scale their digital pilots up to full digital-transformation programs. Adopting digital ways of working, adding talent, and modernizing IT will speed their efforts to reinvent themselves as digital enterprises.

How home sharing is reshaping cities and travel—and the many opportunities for continued innovation.

India’s smart-city program offers a road map for cities working to prepare for mass urbanization with limited funds.

To prepare cities for the future, we need to develop and deploy the services that will power them. It will take political courage, foresight, and coordination.

Moscow addressed its road and public transit congestion problems and developed one of the world’s smartest and most-used public transportation systems. Here’s how.

Plans are afoot to transform this Shanghai district into a world-class innovation hub. Here’s how leaders hope to overcome challenges in an emerging city and bring their vision to life.

Water scarcity is a problem worldwide—but improved water-supply networks are starting to make a dent in the problem.

For Latin America’s cities to remain competitive, they must understand their citizens’ experiences and needs—and design policies accordingly.

In the age of the smart city, leaders must adapt their resilience strategy to match their evolving risk profile—otherwise they risk building a smarter but more fragile city.

Despite—or because of—low rates, service is bad and shippers are angry. The port-and-shipping sector must and can improve, not only for shippers, but also for the lines and ports themselves.

The new world of transport will demand different skills, capabilities, and culture.

Self-driving vehicles, ride-hailing services, and other technologies are transforming urban mobility. To capture the benefits of the shift, cities will need sound infrastructure plans and investments.

The journey to a ticket-free transit system—and the path ahead.

How electrification is helping Sweden meet its environmental sustainability goals.

Transportation will be dramatically different in ten years. To adapt, public entities and stakeholders must act today.

Proponents of the high-speed technology envision an end-to-end revolution in transportation.

Connectivity could dramatically change the commute of the future.

In the United States, governments are increasingly turning to public-private partnerships (P3s) to implement public infrastructure works. Here's why the benefits of P3 project delivery, not just financing, will continue to shift the market in this direction.

To manage costs and schedules more effectively, a four-pronged strategy can identify and limit variability in process execution.

When major mining projects face trouble, leaders often find it hard to determine how or when to intervene. Six key strategies can help get projects back on track.

There's a monster that eats projects: scope creep. To keep the creep at bay, organizations need discipline, collaboration, and a relentless focus on real user needs.

Why understanding the client's view of value is critical for effective project outcomes.

McKinsey research finds seven levers can fix construction's productivity problem, but they require a new approach from all players. We heard from industry leaders about which barriers to change are most likely to fall first.

Construction lags behind other industries in its ability to manage complex projects, but two new approaches will help close the gap.

Mired by under-digitization and fragmentation, construction must find a new way to build.

Major capital projects are habitually beset by overruns and delays, but three solutions offer a path out of entrenched dysfunction and to increased profitability.

Karl Kuchel of Macquarie Infrastructure Partners believes the United States could become a much bigger market.

The market for solar power is growing faster than ever, but profitability has been lagging. The keys to improvement are better capital and operational efficiency.

Financing costs are higher but the results are worth it.

America’s approach to planning, financing, building and maintaining public infrastructure is fragmented and inefficient. Here is how to improve it.

Singapore shows how an effective housing program can promote social and political stability.

The key is to ask, and answer, the right questions.

How and why Europe’s largest airport plans to manage a major expansion.

​BP’s Starlee Sykes discusses the future of deepwater development.

As the global real-estate market changes, developers need to focus more on the customer experience.

Real-estate developers should accept that business as they have known it is changing. By adopting new construction technologies, they can improve delivery and affordability.

Careful planning and an eye on the future can help the cities that host them.

America’s biggest state needs to build 3.5 million homes by 2025. Here are some approaches that can help.

The traditional shopping mall is under threat. Here is how to meet the needs of digital customers.

Improved rail connectivity could transform development opportunities—and the entire economy—in the United Kingdom.

Palava shows a future that may work.

Institutional investors have been cautious when it comes to real estate. There is evidence, however, that the terms of engagement are changing.

China Vanke executive Zhang Xu describes how his real-estate company has met the challenges of overseas expansion.

How one Asian developer is using planning and technology to make cities work for people.

The industry needs to change; here’s how to manage it.

Lessons from the expansion of the Panama Canal.

Engineering and construction firms suffer from low margins and relatively low productivity. Here is how to do better.

The best projects provide, connect, and produce sustainable outcomes.

An interview with Jacqueline Hinman.

Understanding an infrastructure asset’s unique characteristics can extend its life span—and save money.

By working together, cities can help solve global problems.

How consumers and technology are redefining how people get around.

An interview with Helle Søholt.

There are signs that America’s city dwellers are beginning to change the way they get around. Here is how city leaders can plan ahead.

China is leading the effort to create the world’s largest economic platform.

To build a city from scratch, create a solid economic foundation.

How governments can encourage private-sector infrastructure investment.

What can other cities learn from Hong Kong’s approach to transit?

When natural disasters strike, governments step up. Here’s how they can improve the odds of a successful long-term recovery.

A former finance minister makes the case for openness and discusses “de-risking.”

Most big infrastructure projects run late and over budget. Here’s how to do better.

Bringing the consumer experience back into the infrastructure discussion.

The construction industry has historically been slow to pursue innovation, but Crossrail's Innovate 18 is setting out to change that.

Diverse stakeholders, complex projects, and straitened budgets: a survey of global infrastructure leaders defines the challenges to the industry—and how to address them.

On September 8th, approximately 30 infrastructure leaders from around South Africa convened for the GII Johannesburg Roundtable. The topic was Boosting infrastructure productivity to secure long-term growth in South Africa, drawing from the recently released MGI Report, South Africa’s big five: Bold ideas to unleash inclusive growth.

Building big infrastructure projects is always risky, but there are ways to improve the odds of a smooth landing.

A synopsis of the Global Infrastructure Initiative Philadelphia Roundtable, focusing on the airport passenger experience, airport and terminal privatization, and what US airports can do to accelerate redevelopment.

A synopsis of the Global Infrastructure Initiative London Roundtable, focusing on how transport leaders can successfully navigate digital transformation and capitalize on the opportunities, while managing the threats from new disruptive businesses.

The need for speed in delivering progress.

The public appreciates the creation of great infrastructure—but the process is difficult.

How traffic, energy, water, and security issues will shape the future.

Self-driving cars are not just about a hands-free driving experience. Their emergence points to an urban transformation that will change the way people navigate, access information, and interact with one another.

Digitization in infrastructure networks could improve forecasting, promote reliability, and increase efficiency.

How small changes could make a big difference.

Going after quick wins helped city leaders create momentum for continuing improvement.

Infrastructure productivity can and should be much better. Here’s how to start improving.

Privatizing government assets is just one way to improve fiscal health or invest in new infrastructure. To create value for the public, all options should be considered.

US infrastructure is aging, while the population is growing. To improve the transportation system, argues the secretary of transportation, the United States needs more funding and less red tape.

Spending money, not raising it, is the biggest problem when it comes to financing infrastructure.

Olympian Wolfgang Maennig argues that it’s time to reconsider ambitions for infrastructure when it comes to mega-events.

Consulting stakeholders before digging makes for better, cheaper projects.

A synopsis of the Global Infrastructure Initiative New York Roundtable, examining some of the key challenges, opportunities, and real potential solutions to increase the pipeline of bankable projects in North America.

Effective urban leaders focus on doing three things well.

Megaprojects always face challenges, but looking only at cost and timing may not be the only way to judge their success.

Infrastructure is about much more than cement, says the former US secretary of state and chair of the Albright Stonebridge Group.

In some of the most promising markets, supply of and demand for reliable energy has outpaced infrastructure. For discerning investors, the opportunity to fund energy infrastructure is significant.

More sustainable financing, higher quality in urban projects, and new markets to soak up construction overcapacity will determine how the country writes the next chapter of its remarkable story.

To bring the benefits of urban life to hundreds of millions of new residents in city clusters, infrastructure development and financing must be innovative, sustainable, and high quality.

Even the best planning can’t always stave off an infrastructure failure when a major disruption hits. But building in resilience can help infrastructure withstand shocks or fail safely.

The secret to hitting a moving target is to aim slightly ahead of its trajectory. Stakeholders in infrastructure design, construction, and management face a similar challenge in working to develop cities capable of sustaining us tomorrow.

For institutional investors and government agencies, greenfield infrastructure projects are ripe with opportunity. By structuring them as public–private partnerships, both parties have better chance of meeting their individual goals.

A synopsis of the Global Infrastructure Initiative Beijing Roundtable, an engaging discussion on how to take China’s One Belt One Road (OBOR) strategy forward.

Matching up infrastructure projects and institutional investors is difficult. Better knowledge of how infrastructure assets will behave and new ways to monitor performance can help.

Infrastructure leaders who are looking to win public support for new projects can learn from industries that understand their customers.