The role of infrastructure in economic development and growth

Theme 1: Inclusive economic development in cities and regions
Foundation
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Introduction

Infrastructure developments, such as high-speed rail, road upgrades and digital broadband expansion, can play a pivotal role in driving inclusive economic growth. By improving connectivity and reducing regional disparities, reliable infrastructure can attract both domestic and foreign investments, stimulate job creation and generate positive economic opportunities for communities. ​

Reliable and sustainable infrastructure allows citizens to gain access to essential services like healthcare, education and banking. By investing in urban infrastructure and services, cities can become powerful engines of development. A people-centred approach that champions inclusive design principles need to be at the heart of infrastructure development to allow everyone to participate and benefit from the positive economic and social outcomes of infrastructure. ​

Targeted infrastructure investments, policy changes and community involvement can harness positive linkages between urban and rural areas and promote mutual gains. Cities depend on rural areas for food, labour and natural resources while rural areas rely on cities for markets, services and information. Integrating urban expansion projects with rural supply chains can create economic interdependence and maximise growth.