Infrastructure for economic and social development, and a more sustainable world

"For a better, greener, safer and more sustainable world the infrastructure community must unite", says ACE vice chairman and IMC Worldwide Managing Director Gavin English.

Tuesday 07 July 2015, Gavin English

The following is an excerpt from an article published on 6 July 2015 by the Infrastructure Intelligence website. Infrastructure Intelligence is produced for the industry by the Association for Consultancy and Engineering.

The need for infrastructure development is the great global challenges of our time. There is an essential and growing demand for infrastructure to address critical global issues such as climate change, energy demands, water and food shortages, mass urbanisation and economic and social development. To satisfy this need effectively and deliver lasting economic and social development the world needs the collective leadership, experience and creativity of the infrastructure community.

There is clear evidence that Investment in infrastructure leads to the growth of a countries economy and the improved wellbeing of its people. The McKinsey Global Institute recently estimated that over the next fifteen year the world needs to spend $57 trillion on infrastructure to realise global economic growth ambitions. In the UK alone infrastructure spending may need to run at £40bn to £50bn each year up to 2030 to meet demand.

Around the world Investment in infrastructure has always played a leading role in economic development, from the roads and aqueducts of ancient Rome to the railway boom in Britain in the mid 19th century. Basic infrastructure – roads, railways, airports, for energy generation and supply, water supply, sanitation, etc. underpins sustainable development and economic transformation of emerging economies…

Click here to read the full article on the Infrastructure Intelligence website.

Most Read

August 1, 2017

6 primary challenges of climate adaptation monitoring and evaluation

More and more climate finance is spent on helping populations to cope with the consequences of global warming. Consequently, monitoring and evaluating the impact of these funds is crucial. It is also complex. Why is that so?

November 19, 2018

6 in 10 people lack access to a safely managed toilet – what are the challenges and solutions?

IMC's WASH team takes us on a journey from flush to sewer about challenges and solutions for sanitation in developing countries.

October 7, 2021

USAID Launches $29 Million Project to Deliver Reliable Energy across Lebanon

IMC will build renewable energy power plants throughout various small municipalities Lebanon.