Cities around the world require innovative financing solutions and investment vehicles in order to attract private investment to fund the delivery of strategic infrastructure projects. Large scale infrastructure provision and associated real estate development activity can serve as catalysts to city growth and revitalisation providing platforms for economic, societal and environmental well-being. As cities assume greater fiscal autonomy, the ability to utilise and leverage existing asset bases and income streams to bring forward urban development becomes ever more pertinent.
This research project will examine the idiosyncrasies of the infrastructure and associated investment challenges which cities must navigate in the current financial and economic climate. Specifically, the research will serve to address a number of questions pertaining to the financing of future infrastructure provision including: How can project opportunities and investor expectations be more effectively aligned? What measures are necessary if inherent barriers to city-scale infrastructure investment are to be overcome? What form might the ‘next generation’ of infrastructure investment vehicles take and who will be the principal funders of infrastructure in the next economic cycle? Which policy measures or fiscal frameworks might cities introduce or adopt in order to continue to develop the quality of their infrastructure provision? How can cities stimulate greater economic, societal and environmental uplift from infrastructure expenditure?
If the University receives a large number of applicants for the project, the following desirable criteria may be applied to shortlist applicants for interview.
Vice Chancellors Research Scholarships (VCRS)
The scholarships will cover tuition fees and a maintenance award of £14,777 per annum for three years (subject to satisfactory academic performance). Applications are invited from UK, European Union and overseas students.
The scholarship will cover tuition fees at the Home rate and a maintenance allowance of £ 14,777 per annum for three years. EU applicants will only be eligible for the fees component of the studentship (no maintenance award is provided). For Non EU nationals the candidate must be "settled" in the UK.
Monday 19 February 2018
12 March 2018