Welcome to the Frederic Michel-Verdier blog. Frederic Michel-Verdier has over 15 years experience in large scale Equity Investments and Asset Management of Global Infrastructure assets. Issues arise when it’s time to upgrade aging infrastructure. Like any city experiencing a resurgence of downtown living and economic growth, the demand on infrastructure grows as well. Who’s impacted when it’s time to make upgrades? Citizens, business owners and government agencies are all affected. Here are tips for creating the most value when upgrading aging infrastructure.
- Replacing aging infrastructure isn’t always complicated, but it requires investigation. You need to know where the existing infrastructure is and how you can connect it with the new project. Knowing the city processes, systems, details, standards, folklore, cultural values and general information that makes up your community is important.
- Whether working with the unknown, or planning on executing a basic upgrade to existing infrastructure, prepare to be flexible.This meant that the team had to be flexible in how they handled the upgrade as it was not a one-size-fits-all solution.
- Thinking ahead and having a vision for the future because it can save you money, time and inconvenience. Cities should look to the future and ask the right questions. Do you need a new waterline? If yes, would you want an excavation down your newly paved roadway? What will my residents want? It’s easier to do these improvement projects when roadways are already under construction.
Bringing it all together
Your city is destined for great things. With the right plan for aging infrastructure, you can get there.
Frederic Michel-Verdier has over 15 years experience in large scale Equity Investments and Asset Management of Global Infrastructure assets. Frederic Michel-Verdier has also deployed in excess of $2.5bn equity in the utilities and transport sectors in the last 18 months at IFM Investors – a uniquely-structured open-ended global fund manager – with over $100 billion in assets under management and has held the position of Vice Chairman of Veolia Polska for ten years. More about Frederic Michel-Verdier here. Alternatively, you can also read Frederic Michel-Verdier news here and get the latest from the Infrastructure investment industry.
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