APEC Guidebook on Quality of Infrastructure Development and Investment

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APEC Guidebook on Quality of Infrastructure Development and Investment

Publication Number

APEC#214-CT-03.2

Published Date

November 2014

Type of Publication

Reports, Manuals

Publications Under

Committees, Committee on Trade and Investment(CTI)

Accessed

3495

Pages

28

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Description

The 21st APEC Economic Leaders’ Declaration in 2013 recognized in addition to the initial price of procurement the importance of consideration of lifecycle cost (including performance and durability) and environment, elements such as safety and maintainability at the outset of procuring infrastructure (“quality of infrastructure”), and also the importance of enhancing the governments' ability to plan infrastructure projects based on the above and on comprehensive and holistic considerations.

This Guidebook shares further details of these common recognitions with government officials and other stakeholders in the APEC economies that are engaged in infrastructure development and investment, so that such common recognitions are actually applied to projects.