|NESS National Employee Screening Services|
Infrastructure Projects Key To
Global Economic Growth And Recovery
January 10, 2011 -
Infrastructure and construction projects for the public good could help
bolster economic growth, bringing the
In a cutting-edge
report to be released in
The report, “The Global Infrastructure Marketplace: The Next 20 Years,” also estimates that global investment for infrastructure projects will total US$24 trillion over the next 20 years, rising to greater than US$1 trillion a year by 2030. However, as the world increasingly urbanizes, global demand for infrastructure will be US$60 to US70 trillion.
highlights the role that infrastructure projects such as roads, bridges,
mass transit and ports must play in global economic recovery. It details
infrastructure demand and spending in 66 countries over the past 20
years and presents projections of what the supply and demand will be in
these countries by 2030.
varies widely across sectors. It is expected that investment in
electricity and transportation will account for 65% of investments in
infrastructure while water distribution and wastewater treatment will
continue to underperform receiving only 9% of total investments.
• Small emerging
markets are falling further behind. Countries like
• Investment in
infrastructure projects in the
“Here’s the bottom
line – for the
“This is also true
across the globe – there is an incredible and continuing demand for the
development of high-quality infrastructure projects around the world,
from the largest nations to smaller, emerging countries. An investment
in an infrastructure project is an investment in the growth and
sustainability of not only individual countries, but the global
economy,” he added.
projections were developed by focusing on historic infrastructure
spending by 66 countries, examining 37 variables, including GDP
projections and measures of public sector capacity to derive the most
likely infrastructure investment scenarios through 2030.
CG/LA will release
the report as part of a panel discussion on the future and growth of
infrastructure projects at its 4th Annual Global Infrastructure
Leadership Forum in
Strategic Infrastructure Leadership Forum now in its fourth year,
the Global Forum annually identifies the Top 100 global
infrastructure projects (total value of those projects this year is
US$550 billion), hosting them projects at the annual industry forum
– bringing together professionals interested in global
infrastructure, including individuals in engineering, construction,
technology, public policy and finance.
CG/LA Infrastructure is the world leader in infrastructure project assessment particularly those projects that generate increased country competitiveness and individual opportunity. We are launching a new global infrastructure database in 2011.
Other News Stories
|©NESS National Employee Screening Services|