It would not be an exaggeration to observe that construction is one of a handful of horizontal sectors that impacts all aspects of humanity in some form or fashion.
The global significance of the infrastructure sector and its impact on people’s quality of life is undisputed and historically dates back to Roman times, who are credited with inventing concrete.
The Roman empire was said to have an estimated 400,000km of roads, of which 80,500km were paved. A recent UN study reports that infrastructure and construction programs have a direct link to economic growth that directly reduces poverty, with over a billion people coming out of poverty over the last three decades.
In addition to this, a recent World Bank report emphasized the foundational importance of infrastructure development and construction output for economic growth and job creation in emerging market economies, as well as reaching their sustainable development goals (SDG).
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