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INSIGHT: Brazil offers lessons for policymakers on optimizing infrastructure investments.

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As countries grow, they need better transportation, energy, and communications networks. But how should a country go about prioritizing these investments? Are there synergies from coordinating them? Should they be done simultaneously or sequentially? Two recent World Bank studies focusing on Brazil, a country that has rolled out massive infrastructure investments over the past decades address these questions. Economists tell us that infrastructure is key to development. Not only is infrastructure crucial for people to go about their daily lives, but it also has major impacts on productivity (think, e.g., electrification of production) and access to markets (through faster and cheaper transportation of goods). Even more importantly, infrastructure investments are needed for countries to transition from agrarian to more diversified industrial and service-oriented economies, offering more economic opportunities to improve living standards and reduce poverty. 3 KEY POLICY INSIGHTS FROM BRA
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REVIEW : South Africa is at a ‘breaking point’ that can’t be ignored

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South Africa's investors emphasize the pressing need to address the country's deteriorating road and transport infrastructure immediately to prevent further economic stagnation and missed growth opportunities.

Vuyo Ntoi, Managing Director of African Infrastructure Investment Managers (AIIM), underscores the urgency of the transport infrastructure crisis, asserting that it can no longer be postponed. He emphasizes that immediate action is imperative. Successful intervention in this area could serve as a catalyst to reignite economic growth and significantly enhance the quality of life for millions of South Africans.


THE IMPACT OF AGING INFRASTRUCTURE ON SOUTH AFRICA’S ECONOMY

The full article can be read on BUSINESS TECH follow our Whatsapp channel here for more hardhatREVIEWS.

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