Suchergebnisse

The clamour for sustainability in all spheres of development is more in the developed economies but the responsibility is no less for the developing economies. Efforts targeted at sustaining infrastructural development in Nigeria are deficient in context and formalisation. This paper therefore contributes to the efforts at formalising and contextualising sustainable infrastructural development in Nigeria. The paper relied on literature review for textual data in support of sustainable infrastructural development. The findings reveal the state of infrastructure development and approaches that are strategic to the development of sustainable infrastructure in Nigeria. The suggested approaches grinded on global best practice and made to reflect the peculiarity of the contemporary Nigerian environment. The paper advocates for a more committed government effort and an inclusive civil society participation in sustainable infrastructure development in Nigeria.Keywords: Sustainability, Infrastructure, Development, Construction Industry, Nigeria

The Taliban have advertised their efforts towards infrastructure development over the last two years, since taking over power in August 2021. The Taliban Deputy Minister of Economy Abdul Latif Nazari stated in August 2023 that "overall 3575 development projects of $1.9 billion have been launched in the field of infrastructure, health, energy and transportation".1 Taliban spokesperson Zabihullah Mujahid stated that funding for these developmental projects in 2023 was more than the previous year.2

The Construction Services Insurance Agreement has an important role in infrastructure development in Indonesia. It is considering that at present, the Indonesian government is very active in building infrastructure in various corners of the region in the framework of equitable economic stability. The guarantor, in this case, the insurance company provides guarantees in terms of planning up to maintenance. Or before construction up to post-development within a certain period. Insurance agreements made with a variety of considerations, including; protect national interests, avoid contractors who default or have bad intentions, geographical factors in an area, and so forth. But on the other hand, it also to protect the interests of contractors or construction service providers (the insured). For this research, the focus is on the accountability of construction service providers as consumers of insurance companies because construction service providers require insurance companies to transfer some of the risks while carrying out development projects. If in the course of the project an undesirable event occurs starting from the collapse of the building, damage to heavy equipment and so on, which fall within the scope of the object of the insurance agreement, the construction service provider can file a claim against the insurance company to compensate the loss suffered by the construction service provider. Thus it is necessary to analyze the legal relationships and procedures between construction service providers and insurance companies related to infrastructure development. In analyzing and answer the legal issues above, the research methods used are the statute approach (based on applicable laws). And the conceptual approach (based on legal concepts or theories from legal experts).

Infrastructure development is prerequisite in transforming a slow-moving economy into an advanced one. In the Global Competitiveness Index, India's rank is 70 out of 140 countries for infrastructure quality in the world. As per the recent estimation, to convert the vision of $5 trillion economy into reality, $4.51 trillion needs to be invested by 2030 in building the infrastructure of the country. Great efforts in the form of huge investment in infrastructure is required if we want to convert this dream into reality. The latest Budgetary outlay of Government of India for infrastructure sector of ₹100 lakh crore which is streamlined to be invested on infrastructure over the next 5 years and more than 6,500 projects will boost the economic development of the country. Infrastructure industry encompasses sectors such as social and commercial infrastructure, communication, energy, transport and water sanitation. This article is an attempt to study the public private partnership (PPP) model in infrastructural development in India. This research article has six sections as follows. Section 1 aims at defining the importance of infrastructure for economic growth of the country. Section 2 provides the discussion on PPP model. Section 3 explains the review of literature. Section 4 represents the research problem and research question followed by discussion and possible solutions in Section 5 and, finally, Section 6 of the article represents the conclusions and the limitations along with the direction for future research. JEL Classification: M48, R42, F65, G32

Due to its geographical location, the South Caucasus is the crossroads of two important transport corridors – East-West and North-South, connecting Europe with China and South Asia. All three countries in the region are interested in developing these transport routes, especially since Turkey, Russia and Iran are promoting these projects. Azerbaijan which claims to be a regional hub is the most active. In Armenia, despite the huge interest, there are economic and political obstacles to participation in projects. Georgia, also for a number of political reasons, is still monitoring the development of projects.