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Infrastructure in sentence

4036 examples of Infrastructure in a sentence

For one thing, official corruption has long undermined investment in the planning, design, and construction of water infrastructure, as well as the effective management of existing infrastructure.
The combination of conflict, destruction of education infrastructure (around 1,200 schools have been destroyed), and Boko Haram’s attacks on schoolchildren – most notoriously with the 2014 abduction of 276 girls from Chibok – has forced half a million students to abandon their studies.
In addition to these shortcomings, Myanmar faces severe human challenges, including endemic poverty, poor health indicators, and a lack of basic infrastructure.
The country’s rapid economic growth, strategic potential, huge internal market, and enormous investment in infrastructure, education, and research and development, as well as its massive military buildup, will see to that.
In response, China turned to the domestic growth engine of credit-financed investment in infrastructure and real estate.
The implication is clear: While consumption-driven growth remains a long-term goal for China, infrastructure will continue – at least in the short term – to serve as a key driver of China’s economy.
Of course, China is not the only economy that depends on infrastructure investment to buttress economic growth.
The World Bank estimates that infrastructure investments accounted for nearly half of the acceleration in Sub-Saharan Africa’s economic growth in 2001-2005.
According to the Bank, a 10% increase in infrastructure investment is associated with GDP growth of 1%.
Indeed, in recent years, less than 0.03% of Chinese infrastructure investment – which amounted to roughly 9% of GDP – was derived from private capital.
This problem is not limited to China; of the 7.2% of GDP that Asian countries spend, on average, on infrastructure development, only about 0.2% is privately funded.
By contrast, in Latin America and the Caribbean, private capital finances, respectively, 1.9% and 1.6% of infrastructure investment.
Discussions within the G-20 have produced two possible explanations for Asian countries’ inability to attract more private capital to infrastructure projects.
Most developing countries argue that the problem is rooted in the provision of capital, with investors preferring to fill their infrastructure portfolios with low-risk projects, and insurance companies and banks facing overly restrictive regulations.
It is time for Asia’s leaders to recognize that the lack of private funding for infrastructure projects cannot be reduced to one or even two problems, and to develop comprehensive solutions that account for the full scope of the challenge.
This requires, first and foremost, abandoning the view that infrastructure assets fit into the paradigm of traditional asset classes like equity, debt, or real estate.
Infrastructure must be redefined as a new asset class, based on several considerations.
For starters, there is the public-good element of many infrastructure projects, which demands contingent government obligations like universal coverage levels for basic services.
The new asset class would need its own standardized risk/return profile, accounting, for example, for the political risks that public-sector involvement may imply and for the lower returns from infrastructure relative to traditional private equity.
Another important consideration is the considerable technical expertise that infrastructure investments demand, which makes them more complex than most assets.
Similarly, a specialized network of actors would be needed to ensure that intermediation of infrastructure transactions is efficient and cost-effective, instead of fragmented and slow, as it is now.
For countries that lack China’s strong fiscal position, the need to attract private capital to infrastructure investment is obvious.
With nearly 70% of Sub-Saharan Africa’s population lacking access to electricity and 65% of South Asians lacking access to basic sanitation, there is no greater imperative than to plan, fund, build, and maintain infrastructure assets.
But private investment in infrastructure remains vital even in countries like China, because it brings the power and dynamism of the market, which improves the allocation of capital and promotes transparency.
In short, redefining infrastructure as a new asset class is the only credible way to attract funding for infrastructure construction, and thus to boost long-term economic growth and the employment rate.
Sanders is proposing about $18 trillion of additional spending over the next decade to cover a single-payer health-care system, infrastructure investment, and “free” (that is, taxpayer-paid) tuition at public colleges.
Of course, Americans should worry just as much about the quality of education and infrastructure – not to mention the natural environment – that they are leaving to future generations.
Exhibit A is the much-touted Belt and Road Initiative (BRI), a $1 trillion program focused on the debt-financed construction of infrastructure in developing countries.
Economic policymakers around the world are looking for ways to boost growth, with infrastructure investment topping most lists.
African leaders view China as their countries’ new indispensable growth partner, particularly in infrastructure and business development.
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