what is the role of infrastructure in economic development?
- When a country has good infrastructure it can receive good investments from foreign bodies as these bodies know that the industries will grow over time and this will boost their investments and they can earn good profits.
- When the infrastructure is good then it is easier to do business as the cost of transport and such allied stuffs reduces and hence profitability of the business increases
- When these projects are under construction the y provide employment to a number of people and hence improve the employment rates in turn increasing the GDP of the country and also improving the standard of living in the country