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Gaps and Governance Standards of Public Infrastructure in Chile

Infrastructure Governance Review

image of Gaps and Governance Standards of Public Infrastructure in Chile

Chile’s planning and governance framework has supported the roll-out of high quality and efficient infrastructure that has been a key enabler of the country’s rapid development over the past two decades. However, changing circumstances such as climate change, decentralisation and a greater focus on social and territorial equity now require a change in how infrastructure needs are identified and addressed. This review examines Chile’s infrastructure stock and governance standards in light of the country’s 2030 growth agenda and OECD benchmarks, and sets out how such change can be achieved, with a special focus on transport and water infrastructure.

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Transport infrastructure

Productive investment in transport infrastructure is vital for prosperity. As a middle-income economy heavily geared towards exports, investment in a high-quality transport infrastructure base has contributed significantly to the Chile’s development. A fully co-ordinated approach to infrastructure spending, with investment driven by transport policy goals that are integrated with land-use and sectoral development objectives, must accompany Chile’s transition from a middle to a high-income economy and should address the potentially negative impacts on social and territorial equality and the environment associated with this transition. This Chapter analyses the current and projected gaps between Chile and its OECD peers based on the ITF/OECD methodology, and identifies policy priorities that should be set to achieve the goals of Plan Chile 30/30.

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