World Bank releases first comprehensive stock taking of infrastructure services in Asia Odisha Breaking News

Cuttack | Friday | 7th August, 2020

Summary:

As the first comprehensive, regional stock-taking of levels of supply, quality, and affordability of infrastructure services, Infrastructure in Asia underscores the need to better understand current levels of service delivery to facilitate governments' infrastructure planning and financing. Well thought-out investment planning helps raise economic growth rates, increases competitiveness, offers new economic opportunities, and bolsters improvements in human capital. Nevertheless, the region faces significant constraints in infrastructure investment. Longer-term, the region is highly susceptible to the effects of climate change, so infrastructure development must be sustainable and climate resilient. Infrastructure in Asia goes beyond appraising coverage levels to provide a set of key indicators that serve as proxies of multiple dimensions of infrastructure quality..