In recent years, governments have understood the importance of infrastructure. Especially in developing nations, infrastructure projects play a prime role in a nation’s development and growth. As a result, there has been rapid growth and an increase in massive infrastructure projects the world over. At the same time, the risk involved in them is increasing too. At such times, hiring an infrastructure advisory firm for a PPP proves beneficial for both private firms and government organizations. Let us investigate how hiring an infrastructure consulting firm like Green Urbane can benefit you.
Help Is Assessing Risk
For any project to run smoothly, you must assess the risks involved in it. As somebody who has established their firm or is an insider in a government organization, it becomes difficult for assessing probable risks for any Public-private partnership project. When you hire an infrastructure company like Green Urbane, you get a detailed report describing all the risks that could obstruct the completion of the project.
Risks could be of many types, like financial risks, political unrest, economic ups and downs, and any other crisis related to the market. Not all risks need to be bad, but when we can assess risks, we can manage them in a better way, and as a company, we can, in fact, make the situation in our favor by implementing safety measures for it. At Green Urbane, we limit ourselves to just assessing risk, but we prepare a detailed report helping our clients manage the risk if it even occurs, and avoid it totally in the first place.
An Infrastructure Advisory Firm Helps You Scale Your Revenue
Whenever we create a project report, most of the statistics mentioned in it are subtle ones and are predicted with an average approach. But in actuality, most companies would prefer to have increased revenue and growth as compared to previous financial years. By hiring an infrastructure consultancy firm, you get additional resources and data-driven insights that help you scale your revenue to a much higher degree.
Green Urbane is one of the most reputed projects finance and infrastructure advisory in UAE, over the past years we have helped many of our clients in doubling their revenue within one financial year. Revenue growth is possible when you have insights and data related to market research and analysis. With sound data, we can prepare policies that bring out the best in operations and as a result, give us increased revenue.
An Infrastructure Advisory Provides Support Whenever You Need it
Rarely, a massive infrastructure company that has an interest in a big public-private partnership wouldn’t need any support. Emergencies occur all the time. From IT emergencies to political unrest and reputation management, any crisis can strike an organization at any time. You can pay your employees to work extra hours and manage this work for you. But often times, when a crisis attacks, the internal staff gets a narrow approach and even if they don’t wish it, their solutions may not be quick and easily feasible.
When you hire a project finance and infrastructure advisory in Dubai like Green Urbane, the external agency has a different and unique approach to your problems and can provide you with support at any time.
An Infrastructure Advisory Helps You Save Expenses
One of the major sources of increasing revenues for big public-private partnership projects is to minimize expenses and cut costs on unnecessary expenditures. Hiring infrastructure advisory firms in the UAE enables you to analyze where your major expenditures are going. Your advisory firm can conduct internal audits and analyses for you to help you understand how to reduce expenses. One of the mainstream European airlines saved over a million dollars each year by reducing just one olive they served on top of a salad. Similarly, depending upon the scale and size of your project, the infrastructure advisory firm that you hire will be able to suggest changes to help you reduce your expenses.
Whether changes are to be made in your daily operations or changes are to be made in wages, such things are suggested by an advisory firm. And while trying to save expenses, it is not necessary to cut costs and reduce wages or cut something. Managing expenses is a smart decision and sometimes by even increasing certain expenses your overall expenditure could be reduced and revenue increased.
An Infrastructure Advisory Helps Government Organizations Overcome Challenges
It isn’t that only the private sector faces major challenges in a public-private partnership. Government organizations too face some major challenges. The pressure on government organizations is even greater as sometimes they face a lack of funds and internal opposition like the opposition party constantly questioning every single and minute thing.
On the other hand, the government sector has the challenge of choosing the right private partner and getting the project completed by them within a stipulated time frame. By hiring an infrastructure advisory consultant in the Dubai government organization, they get many insights into the reputation and work culture of a private firm. It becomes easy to get into a PPP deal when an infrastructure advisory firm backs you with vital data and inputs.
If there are challenges and roadblocks to the timely completion of a project, in such cases, your infrastructure advisory will help you in chalking out plans so that the delay remains minimal and the project gets completed on time.
An Infrastructure Advisory Can Assist You in Fundraising
For massive projects, raising funds is a big challenge. Even though your company is cash-rich, sometimes it will be better to raise external funds and implement them into the upcoming project. The reasons for doing so can be varied and depend upon the geography of the project location and other various factors. When you hire a PPP and project finance firm in the UAE, your firm will help you assess what is best for your firm. Whether using your own funds will be viable or getting external funding will be more viable. Also, when raising funds, the source from which they are raised matters a lot too. You could raise funds by listing your company in the market, getting funding in the traditional way from a bank, or inviting angel investors. By hiring project finance advisory firms in Dubai like Green Urbane, you get proper feedback and a plan to know what is best for your organization.