CPCS has undertaken increasingly sophisticated economic and financial evaluation of transport projects since our inception more than 30 years ago. CPCS provides analysis of both network expansion and "Greenfield" projects in the rail, road and port sectors and in development of multimodal services such as inland terminals.
For private sector financing of Build-Operate-Transfer (BOT) projects, the expected return to equity investors is the key decision variable. However infrastructure investment, particularly transport, is long-term with delayed returns. Therefore governments and multilateral agencies concentrate on the economic returns of a project.
CPCS uses an integrated set of models that can quickly calculate overall project return (financial and economic) as well as return to equity investors for a broad range of implementation scenarios. Originally developed for the rail sector, these have now been generalized to cover any one mode or a transport and logistics chain.
CPCS has also developed a series of graphic presentations, providing a simple mechanism for preliminary screening of a series of complex alternatives. Those that meet overall economic targets from the point of view of the national economy are then optimized. This ensures that they can be implemented with an appropriate level of private sector financing and risk-sharing.
Ms. Ihara is a Principal with CPCS. She has worked, over the last ten years, in various international organizations (both public and private sectors), including the World Bank, advising various national governments in the areas of infrastructure development, sustainability, institutional structure/reform and privatization, capacity development, and development strategy.
Prior to joining CPCS, Ms. Ihara served as the Assistant Country Manager for a global consulting firm and, in addition to participating in projects as a technical specialist, provided a wide range of management support to various infrastructure projects. Ms. Ihara holds a Master's degree in International Relations (Development Economics) from the Paul H. Nitze School of Advanced International Studies (SAIS), the Johns Hopkins University, USA.