Over the next two decades, the world economy is expected to double. Air freight will triple. And port handling of maritime containers worldwide could quadruple. To meet these demands and others, the world needs to invest an estimated $53 trillion in infrastructure. Unfortunately, the recent financial crisis and recession have saddled many countries with deficits and debt.
Wanted: $53 Trillion of Infrastructure
"Strategic Transport Infrastructure Needs to 2030: Main Findings," a recently released report from the Organization for Economic Co-operation and Development (OECD) developed with the sponsorship of Oliver Wyman’s Global Risk Center, outlines the world’s growing transportation infrastructure needs and the challenges that they represent.