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Accelerating infrastructure development
The development of modern infrastructure is thus a way to ensure a competitive advantage in a highly competitive global environment.
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Prime zone: A worker checks infrastructure facilities in Janda Berhias Island in Batam, Riau Islands, on March 4. (Antara/MN Kanwa)
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nfrastructure development is, arguably, one of the main drivers of economic growth. Infrastructure systems are the backbone of an economy, as they provide social, as well as economic, benefits to society.
The development of modern infrastructure is thus a way to ensure a competitive advantage in a highly competitive global environment.
Technological innovation must contribute to the development of new models of social, economic and environmental growth in order to make the system more sustainable for the public well-being.
A key measure of success for Public Private Partnerships (PPP) infrastructure development is the quality of a project’s feasibility as assessed through Value for Money (VfM).
