Seeking Sustainable Funding for All Phases of the Infrastructure Asset Management Life-Cycle

Recognizing the funding gaps that exist in the planning, acquisition, usage, and disposal stages of an infrastructure asset, this report highlighted good practices available to infrastructure managers (at the national and sub-national levels) which could be embedded across the infrastructure assets’ lifecycle, to optimize its financial management and maintenance. The research focused on points of alignment between two case studies: the “Cantonal Road Network II” in Costa Rica and the “Longchang-Naxi Expressway” in China, and the UN DESA Handbook for Local and National Governments: “Managing Infrastructure Assets for Sustainable Development.” Findings include notable financial strategies and practices used to fund infrastructure asset management (IAM) and highlight improvements made on the operational efficiency as well as the risks management that local governments and asset managers of these projects had to reconcile. The research concluded by suggesting topics for future consultations of IAM experts to optimize IAM governance, financial performance, and consider the replicability of impact the case studies researched, in alignment with the SDGs.