Publications

Research outputs, reports, policy briefs and knowledge products from KIU scholars and partners.

2024 School of Engineering and Applied Sciences INOSR Scientific Research

The Dynamics of Public Financing in Heavy Engineering Projects: A Comprehensive Analysis of International Relations

1Nnadi, Ezekiel Oluwaseun Ejiofor, 2Usman, Muhammad Sani and 3Okereke, Reuben

The study examines public financing in heavy engineering projects, highlighting the importance of amultidisciplinary approach. Key factors include bilateral agreements, international financial institutions, andgeopolitical tensions. Public financing is crucial for long-term, capital-intensive projects, and institutional capacityand governance effectiveness are essential for successful implementation. The research integrates economics,political economy, and institutional theory to provide practical insights for policymakers, project managers, andinvestors. Key factors influencing financing mechanisms include bilateral and multilateral agreements,international financial institutions, and geopolitical tensions. The study emphasizes transparency, accountability,and governance in infrastructure financing, as well as collaboration among countries, international organizations,and the private sector. This contributes to understanding global governance and cooperation in infrastructureinvestment, guiding optimization of financing strategies, and promoting sustainable development outcomes.Keywords: Engineering projects, International relations, multidisciplinary approach and public financing