1945

Create competitive infrastructure services

Infrastructure services – including transportation, energy and telecommunications – account for a large proportion of the costs of export-oriented and other developing and transition economy businesses. The term ‘infrastructure’ typically refers to ‘the basic physical and organizational structures and facilities (e.g. buildings, roads, power supplies) needed for the operation of a society or enterprise’. The efficient organization and delivery of infrastructure services is vital to the export competitiveness and success of businesses. For this reason, infrastructure investment is seen as a key to enhance development prospects of low-income and middle-income countries.

Related Subject(s): International Trade and Finance
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