The world’s massive infrastructure investment deficit is a fundamental issue for global development — and one that has become even more pressing during the COVID-19 pandemic. According to the Global Infrastructure Outlook, the world requires $94 trillion in infrastructure investments by 2040 to keep pace with dramatic economic and demographic changes.
These eye-popping numbers can make us think that for infrastructure projects to impact society, they must be large-scale, grandiose, and expensive. But far less attention is paid to community-level infrastructure — smaller-scale and more localized projects that provide marginalized communities with water, shelter, transport, power, and social services.
In this special report, Devex and bechtel.org set out to learn more about challenges and solutions related to “impact infrastructure.” We examine community-level infrastructure development across the project lifecycle through in-depth interviews with local development experts in five different regions, from conception and design to execution and maintenance.
To learn more about the role of “impact infrastructure” for communities in low- and middle-income countries, Devex, in partnership with bechtel.org, asked development professionals. Here are four things we learned.
Devex and bechtel.org explore how to successfully develop infrastructure projects in regions that experience extreme weather events or natural disasters.
This Devex special report is produced in partnership with bechtel.org