McKinsey Global Institute (MGI) said on Thursday Jan 17, 2013..
MGI estimated that the world needs to spend $57 trillion on infrastructure - between now and 2030 simply to keep up with projected growth. That is nearly 60 percent more than the $36 trillion spent over the past 18 years.
MGI cited South Korea, Ontario and Singapore as having model infrastructure organisations that others can emulate, while Switzerland shows how to develop a joined-up national strategy.
It commended Seoul and Stockholm for the integrated approach they took to easing clogged traffic and said Denmark had reduced its road maintenance bills by 20 percent.
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