Infrastructure projects – including ports, pipelines, hospitals, highways, and water, sewage and phone systems – provide the bedrock of national prosperity and well-being. They facilitate transport, promote communication, provide energy and water, boost the health and education of the workforce and enable the whole economy to flourish. The costs of building infrastructure are vast, but the costs of failing to make such investments are incalculable.
Improved infrastructure produces abundant benefits for the economy, environment and social progress. However, many countries, developing and developed, are facing significant infrastructure deficits, owing to growing populations, urbanization, changing demands and ageing assets. The strong demand for infrastructure and its insufficient provision imply a global investment gap of about $1 trillion yearly through 2020. The development of environmentally clean infrastructure would raise this estimate by an additional $200-300 million yearly.
The 2014-2016 term of the Global Agenda Council on Infrastructure seeks to define and launch an infrastructure knowledge platform with the goal of having a tangible impact on the short to mid-term in the infrastructure space. The platform would allow sharing thought leadership on infrastructure as well as best practices and forge a major redesign of today’s global brain trust in infrastructure investment, delivery, operation and maintenance. The council will conceptualize the structure of the platform, select relevant content to be featured on it, identify key stakeholders to partner with, and define a model that will ensure its long-term sustainability.
Council Manager: Vangelis Papakonstantinou, Project Lead, Infrastructure Initiatives, Basic and Infrastructure Industries, Global Leadership Fellow, Vangelis.Papakonstantinou@weforum.org
Forum Lead: Alex Wong, Head, Global Challenge Partnerships and Co-Head, Future of the Internet Initiative, email@example.com
Infrastructure is an important driver of economic competitiveness in the present globalized investment landscape. Yet the divergence between the need for infrastructure and the ability of...
The Strategic Infrastructure report is intended to serve as a “roadmap” for directing governments and other stakeholders to the critical success factors in infrastructure operations and m...