#13 Enhancing secondary market liquidity to increase infrastructure funding

One of the main challenges to successfully finance infrastructure projects in lower income countries is managing the length of the project preparation timeline. The estimated time for project preparation and structuring can vary significantly depending on the circumstances and readiness of each project but generally ranges from 24 to 30 months and roughly accounts for 5 to 10 percent of total project investment from project conception to commercial and financial closures, according to the World Bank[1]. In developing and frontier markets, this can even be longer.