Building resilience: A holistic approach for revitalizing existing infrastructure assets

Abstract

This presented research delves into the challenges and approaches encompassed in allotting available resources for the maintenance and renovation of crucial infrastructure assets, focusing intently on buildings in Old Cairo earmarked for relocation to the new administrative capital, manipulating an integral empirical assessment and advanced modeling techniques. Amidst intensifying imperatives for robust infrastructure against a backdrop of financial constraints and hastened asset deterioration, this study proposes a cutting-edge, thorough approach to fund distribution. The developed approach incorporates asset hierarchy and classification, condition assessment via pilot survey, Markov chain model for degradation anticipation, stakeholder perception analysis through questionnaires for comparative analysis, and constructing an optimization model for fund allocation. The findings unveiled the dire condition of the selected infrastructure assets and the pressing requisite for strategic maintenance and renovation interventions. The developed approach offered a pragmatic evidence-based approach concerning decision-makers, improving resource allocation efficacy and fostering urban development schemes. This paper calls for protractible presented methodologies to a broad spectrum of assets and geographies and integrating incipient technologies for dynamic asset management approaches.

Keywords

• Building Condition Assessment
• Maintenance optimization
• Renovation budgeting
• Financial planning in asset management
• Infrastructure adaptability