Investing in Infrastructure

Investing in Infrastructure

A recent McKinsey report found that $57 trillion (USD) is needed in global  infrastructure investments by 2030. This represents over 1 trillion more per  year over the next eighteen years than what is currently planned, but more  importantly, over a 60% increase in infrastructure spending over this period  compared to the spend over the past eighteen years. “Even then, this amount  would not be sufficient to address major backlogs and deficiencies in  infrastructure maintenance and renewal or meet the broader development goals of  emerging economies”, says the report.

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