الفهرس 
URBAN INFRASTRUCTURE IMPACTS AND LAND VALUE CAPTURING
Land Based Financing as One of the LVC approachesOnly 14 pages are availabe for public view
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Abstract
Using publicly-owned lands as assets for urban infrastructure financing is considered one of the most ambitious and encouraging approaches to finance urban infrastructure, since this approach would provide the needed financing to different types of infrastructure without depending on the government or on the low-income groups. This financing approach is based on obtaining revenues from private developers and high-end land owners through publicly owned land selling, leasing, granting, or participating to capture the increment in land value. This increment is resulted of public investment in infrastructure, which creates a sustainable financing mechanism for infrastructure provision and for urban development and expansion.
However, the usage of this financing approach has proven its economic efficiency in many local and international cases as its revenues can exceed all the governmental spending for all the infrastructure projects by many times. On the other hand, the usage of this financing approach in some Egyptian new cities have exposed the government to many negative financial instability risks due to the current used policies and the lack and absence of a verified public land management framework. These have caused to hinge and disturb the national urban development strategies.
The main objective of this research is to generate a validated public lands asset management framework in the Egyptian new cities to unlock the full potentialities, eliminate any potential risks, and neutralize the negative impacts of land-based financing. Accordingly, the research methodology includes qualitative analysis of several case studies to deduce a preliminary list of risks, their root causes, their responses, and management criteria. These lists are verified through two steps; 1) a qualitative and quantitative analysis of Borg El-Arab new city as an empirical case study and 2) using Delphi technique to achieve censuses between a panel of experts.
In conclusion, the verified deduced public lands asset framework consists of three stages. Firstly, the risks analysis stage that concerns with risks identification, risks break down, root causes deduction, root causes assessment in order to identify their severity and probability, and root causes categorization to be effectively managed. Secondly, the public land management stage that concerns with the validated applicable management criteria and risks responses generation which are divided into three sections; urban development, land based financing, and external risks management criteria. Thirdly, management program application stage that concerns with the five application sectors; regional planning, strategic planning, detailed planning, land allocation and infrastructure provision strategy, and real estate regulation. This framework would achieve the governmental socio-economic, urban developmental, and sustainability objectives while keeps the negative impacts at their lowest levels.