PhD Study : Infrastructure Investment as a Catalyst for Urban Development and Regeneration

Summary

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?

Essential criteria

Applicants should hold, or expect to obtain, a First or Upper Second Class Honours Degree in a subject relevant to the proposed area of study.

We may also consider applications from those who hold equivalent qualifications, for example, a Lower Second Class Honours Degree plus a Master’s Degree with Distinction.

In exceptional circumstances, the University may consider a portfolio of evidence from applicants who have appropriate professional experience which is equivalent to the learning outcomes of an Honours degree in lieu of academic qualifications.

• Experience using research methods or other approaches relevant to the subject domain
• Sound understanding of subject area as evidenced by a comprehensive research proposal

Desirable Criteria

If the University receives a large number of applicants for the project, the following desirable criteria may be applied to shortlist applicants for interview.

• A comprehensive and articulate personal statement

Funding and eligibility

The University offers the following levels of support:

Vice Chancellors Research Studentship (VCRS)

The following scholarship options are available to applicants worldwide:

• Full Award: (full-time tuition fees + £19,000 (tbc))
• Part Award: (full-time tuition fees + £9,500)
• Fees Only Award: (full-time tuition fees)

These scholarships will cover full-time PhD tuition fees for three years (subject to satisfactory academic performance) and will provide a £900 per annum research training support grant (RTSG) to help support the PhD researcher.

Applicants who already hold a doctoral degree or who have been registered on a programme of research leading to the award of a doctoral degree on a full-time basis for more than one year (or part-time equivalent) are NOT eligible to apply for an award.

Please note: you will automatically be entered into the competition for the Full Award, unless you state otherwise in your application.

Department for the Economy (DFE)

The scholarship will cover tuition fees at the Home rate and a maintenance allowance of £19,000 (tbc) per annum for three years (subject to satisfactory academic performance).

This scholarship also comes with £900 per annum for three years as a research training support grant (RTSG) allocation to help support the PhD researcher.

• Candidates with pre-settled or settled status under the EU Settlement Scheme, who also satisfy a three year residency requirement in the UK prior to the start of the course for which a Studentship is held MAY receive a Studentship covering fees and maintenance.
• Republic of Ireland (ROI) nationals who satisfy three years’ residency in the UK prior to the start of the course MAY receive a Studentship covering fees and maintenance (ROI nationals don’t need to have pre-settled or settled status under the EU Settlement Scheme to qualify).
• Other non-ROI EU applicants are ‘International’ are not eligible for this source of funding.
• Applicants who already hold a doctoral degree or who have been registered on a programme of research leading to the award of a doctoral degree on a full-time basis for more than one year (or part-time equivalent) are NOT eligible to apply for an award.

Due consideration should be given to financing your studies. Further information on cost of living