Sen, SupriyaMir, Aized H.Durrani, Amer Z.2014-08-212014-08-212007-11https://hdl.handle.net/10986/19548The United Arab Emirates (UAE) was selected as a case study because it is one of the countries in the region that has had rapid success in scaling up infrastructure in a relatively short period of time. Also, the Government of Pakistan (GoP) is seeking to attract participation of investors from the UAE into domestic infrastructure projects. The study also briefly considers the potential impact of the infrastructure development boom in the UAE on the Pakistan infrastructure implementation capacity in terms of competition for skilled resources in relation to consulting firms and construction services. The study points out that while government agencies and private sector in the UAE have been very successful in implementing various large projects in the past, however, capacity constraints are becoming evident in construction and infrastructure implementation due to the mega size and scale of projects envisaged for completion over the coming years. Therefore, as in the case of other regions with expanding demand but constrained capacity, the way forward is likely to be an increasing focus on private sector participation as well as on newer models and formats in which the projects will be implemented. The experiences of Malaysia, China, and the UAE helped in understanding the processes involved in developing the capacity to undertake large scale infrastructure projects. Common lessons are: that a strategic long-term vision and integrated master plan; ensured funding; sustained efforts to build up required human capital; and providing an enabling environment for local as well as international consultants, contractors, and investors to work in the country proved successful. Strong government support in terms of Human Resource (HR) development; streamlining procedures, policies and regulations; supporting trade associations; facilitating timely payments; and enacting reforms through appropriate legislation in financial sectors to encourage lending for infrastructure are essential. Policies have to be kept under constant review to face the new challenges for infrastructure development due to the ongoing massive development in the region.en-USCC BY 3.0 IGOACCOUNTABILITYACTION PLANACTIVE MARKETSADBADVANCED INFRASTRUCTUREAIRAIR PASSENGERAIRPORT EXPANSIONAIRPORTSARBITRATIONASSET BASEAUTONOMYBANK GUARANTEEBANK GUARANTEESBANK LOANSBANKING SECTORBANKING SECTOR REFORMSBANKSBIDBIDSBONDBOND FINANCINGBOND MARKETSBUSBUS NETWORKBUS ROUTESBUSINESS ENVIRONMENTBUY BACKCAPACITY BUILDINGCAPACITY CONSTRAINTSCAPITAL MARKETSCAPITAL OUTFLOWSCARCAR PARKINGCARSCERTIFICATECOLLATERALCOMMUNICATIONS TECHNOLOGYCOMPANY LAWCOMPETITIVE BIDDINGCONGESTIONCONTRACT ENFORCEMENTCREDIBILITYCURRENCYDEBTDEBT MATURITIESDEVELOPMENT BANKDEVELOPMENT FINANCEDISPUTE RESOLUTIONDRIVINGECONOMIC DEVELOPMENTSELECTRICITYEMPLOYMENTENABLING ENVIRONMENTENTREPRENEURSHIPEQUIPMENTEXCESS DEMANDEXCHANGE COMMISSIONEXPENDITURESFINANCESFINANCIAL CAPITALFINANCIAL CRISISFINANCIAL INFORMATIONFINANCIAL INSTITUTIONSFINANCIAL SERVICESFINANCIAL STRUCTUREFINANCIAL STRUCTURESFINANCING OF INFRASTRUCTUREFOREIGN DIRECT INVESTMENTFREIGHTGLOBAL BUSINESSGOVERNMENT FUNDINGGOVERNMENT INVOLVEMENTGOVERNMENT SPENDINGGOVERNMENT SUPPORTHIGHWAYHIGHWAY AUTHORITYHIGHWAY CONSTRUCTIONHIGHWAY INDUSTRYHIGHWAY INFRASTRUCTUREHIGHWAY NETWORKHIGHWAY TOLLSHIGHWAYSHUMAN CAPITALHUMAN RESOURCEHUMAN RESOURCESICTINCOME TAXINCOME TAXESINFLATIONINFRASTRUCTURE DEVELOPMENTINFRASTRUCTURE PLANNINGINFRASTRUCTURE PROJECTSINSURANCEINTEREST RATEINTEREST RATE SPREADSINTERNATIONAL AIRPORTINTERNATIONAL BANKINTERNATIONAL DEVELOPMENTINTERNATIONAL FINANCEINTERNATIONAL INVESTORINVENTORYINVESTMENT BANKINGINVESTMENT CLIMATEINVESTMENT POLICYINVESTMENT RISKSISLAMIC BANKISLAMIC BONDSLABOR MARKETLAND TRANSPORTLAND USELAND USE PATTERNSLAND VALUELANESLAWSLEASE FINANCINGLEGAL FRAMEWORKLEGISLATIONLETTER OF CREDITLIABILITYLICENSELIGHT RAILLIGHT RAIL TRANSITLIQUIDITYLIVING STANDARDSLOANLOCAL BANKSLOCAL BUSINESSLOCAL ECONOMIESLOCAL ECONOMYLOCAL GOVERNMENTSLOCAL INVESTORSLONG-TERM DEBTMACROECONOMIC ENVIRONMENTMACROECONOMIC MANAGEMENTMACROECONOMIC STABILITYMARGIN REQUIREMENTSMARKET CONDITIONSMARKET DATAMARKET DEVELOPMENTSMARKET LIQUIDITYMARKET SHAREMARKET STABILITYMATURITIESMOBILITYNATIONAL SAVINGSNEW ENTRANTSOIL PRICEOIL PRICESOIL RESERVESOIL RESOURCESPASSENGER TRAFFICPASSENGER TRIPSPASSENGERSPASSENGERS PER HOURPCPEAK HOURSPENALTIESPETROLEUM PRODUCTIONPOPULATION GROWTHPRIVATE EQUITYPRIVATE FINANCINGPRIVATE INVESTMENTPRIVATIZATIONPROCUREMENTPRODUCTIVITYPROJECT MANAGEMENTPROPERTY RIGHTSPUBLIC FUNDSPUBLIC TRANSITPUBLIC TRANSPORTPUBLIC TRANSPORT MARKETPUBLIC TRANSPORT NETWORKPUBLIC WORKSRAILRAIL LINKRAIL NETWORKRAIL PROJECTRAIL RIDERSHIPRAIL SYSTEMRAPID TRANSITREGISTRYREGISTRY SYSTEMREGULATORY AUTHORITYREGULATORY ENVIRONMENTREGULATORY FRAMEWORKREGULATORY FRAMEWORKSREGULATORY STRUCTURERESERVESRESULTSRETURNRETURNSROADROAD NETWORKROAD PROJECTSROADSROADWAYROLLING STOCKRUNWAYRUNWAYSSAFETYSAVINGSSAVINGS RATESELF FINANCESHAREHOLDERSSOCIAL SERVICESSTATE BONDSTAXTAX RATETAX RATESTAXATIONTECHNICAL EXPERTISETELECOMMUNICATIONTELECOMMUNICATIONSTIMELY PAYMENTSTOLLTOLL ROADSTRADE FACILITATIONTRADE REGIMETRADINGTRADING SYSTEMTRAFFICTRAFFIC CONGESTIONTRAFFIC FLOWSTRAFFIC MOVEMENTTRAINSTRANSACTIONTRANSACTION COSTTRANSIT USAGETRANSPARENCYTRANSPORTTRANSPORT AUTHORITYTRANSPORT CAPACITYTRANSPORT INFRASTRUCTURETRANSPORT SERVICESTRANSPORTATIONTRANSPORTATION OFFICIALSTRANSPORTATION PLANTRAVEL TIMETRIPTUNNELSUNDERGROUNDVEHICLESWAGESWEALTHWORKING CAPITAL10.1596/19548