The Global Infrastructure Investment Deficit

5 septembre 2012

By Richard Mills

Infrastructure is the physical systems – the roads, power transmission lines and towers, airports, dams, buses, subways, rail links, ports and bridges, power plants, water delivery systems, hospitals, sewage treatment, etc. – that are the building blocks, the Legos, that fuel a countries, a cities or a community’s economical, social and financial development.

There is an undeniable, an unarguable connection between the quality of a countries economic competitiveness and its infrastructure. Yet study after study shows the global economy running an infrastructure deficit of anywhere from US$40 trillion to $70 trillion.

Booz Allen Hamilton, in a 2007 report, estimated that investment needed to “modernize obsolescent systems and meet expanding demand” for infrastructure worldwide between 2005 and 2030 was around US$ 41 trillion.

Infrastructure spending geographically:

  • Middle East $0.9 trillion
  • Africa $1.1 trillion
  • US/Canada $6.5 trillion
  • South America/Latin America $7.4 trillion
  • Europe $9.1 trillion
  • Asia/Oceania $15.8 trillion

Infrastructure spending by sector:

  • Water and wastewater $22.6 trillion
  • Power $9.0 trillion
  • Road and rail $7.8 trillion
  • Airports/seaports $1.6 trillion

 

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Catégories: Infrastructures générales

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