Megaprojects - KPMG

Foreword
One cannot help but be awestruck by megaprojects. When huge
budgets, massive footprints, unanticipated transformative benefits
and all the thrills and spills of a theme park ride come together in
one exhilarating project, it’s hard not to be enthralled.
But beyond all of the hype that naturally accompanies megaprojects,
we believe that these monoliths of engineering and construction
offer important lessons and approaches that are applicable across
the infrastructure industry.
That is why we chose to focus this edition of Insight on the
world of megaprojects. In these pages, we have examined the
challenges, opportunities, risks and complexities facing those
involved in creating and operating these important assets.
To offer a wide cross-section of perspectives, we sat down with
some of the leaders in the sector. From developer roundtables to
one-on-one discussions with project owners, we brought together
their thoughts and advice – alongside viewpoints from some of
our own leaders in the field – to create an informative and practical
view on megaproject delivery.
We are also proud of this edition’s special report on Africa. In the
new ‘Spotlight’ feature of Insight, we explore some of the biggest
and most impactful projects now underway across the continent
and identify tremendous opportunities for both domestic and foreign
investors. We are excited about the future for Africa and believe
the industry should be as well.
We hope you enjoy this edition and gain some value from the
ideas and advice offered within its pages. If you would like to explore
these ideas and concepts further, we welcome you to contact
your local KPMG member firm or any of the contributing authors.
Nick Chism
Global Head of Infrastructure
Partner, KPMG in the UK