The first of its kind report on Island Economies provides a comparative analysis of the state of the infrastructure challenges currently being faced by island economies. Key findings include:
- Current annual expenditure budgets in many island jurisdictions would not meet the infrastructure funding needs for the next five years
- The state of the infrastructure in those island economies surveyed is average or below average
- A lack of clear long term strategy and central management was identified in almost all jurisdictions surveyed
- A lack of human resource capacity for the delivery of projects was identified
- Infrastructure execution in most island jurisdictions is generally inefficient
The research was conducted using data and analysis from a third party agency, Island Analysis. Findings were drawn from 16 islands as well as one to one interviews with 40 government officials and KPMG professionals. Key areas of focus included an in-depth review of policy and strategy, procurement, financing and the execution of public sector projects.
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- Current annual expenditure budgets in many island jurisdictions would not meet the infrastructure funding needs for the next five years
- The state of the infrastructure in those island economies surveyed is average or below average
- A lack of clear long term strategy and central management was identified in almost all jurisdictions surveyed
- A lack of human resource capacity for the delivery of projects was identified
- Infrastructure execution in most island jurisdictions is generally inefficient
The research was conducted using data and analysis from a third party agency, Island Analysis. Findings were drawn from 16 islands as well as one to one interviews with 40 government officials and KPMG professionals. Key areas of focus included an in-depth review of policy and strategy, procurement, financing and the execution of public sector projects.
Download now
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