As the world emerges from the pandemic and governments focus on stimulating their economies and prioritising a more sustainable and resilient future, spending on infrastructure will rank among the top priorities.
With economic activity and job creation stimulated by infrastructure development, the final result is often greater than the initial injection of spending. Thus, infrastructure investment will remain critical in creating a positive legacy of economic expansion that is more resilient and sustainable. In the short term, infrastructure investment is a formidable tool for raising output through increased construction activity and employment, and is essential in securing a ‘V-shaped’ – rather than ‘U-shaped’ – recovery.
