infrastructure

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Infrastructure

A country's fundamental system of transportation, communications, and other aspects of its physical capabilities.

Infrastructure

The basic system that allows a country or economy to function. Examples of infrastructure include roads, train tracks, telephone lines, and so forth. Infrastructure is often, but not always, provided by the government. Infrastructure must meet a certain minimum standard to allow commerce to occur. For example, one is unlikely to drive to the store if the roads are so muddy that they are impassable. Likewise, the more advanced infrastructure is, the more efficiently an economy functions. For example, the existence of a telephone allows an investor to make orders quickly while also performing other tasks.

infrastructure

the investment by central government and local authorities in railways, roads, airports, shipping ports, schools, universities, hospitals, etc.

Infrastructure can play an important facilitating role in improving a country's industrial performance by providing, for example, a good communications network, and a stock of well-educated and trained workers, scientists and technologists.

infrastructure

or

social overhead capital

a nation's roads, railways, housing, hospitals, schools, water supply, etc., accumulated from INVESTMENT, usually by the government or local authorities in previous periods. It also includes intangible items such as an educated/trained labour force created by investment in HUMAN CAPITAL.

Infrastructure plays an important role in improving a country's general living standards and in contributing to a higher rate of ECONOMIC GROWTH.

infrastructure

The basic amenities and services that must be in place for a particular activity or pursuit.The infrastructure in a subdivision would consist of roads;storm sewers;and mechanisms for the transmission of water,waste products,electricity,telecommunications,and possibly natural gas. References to the infrastructure of a community might also include basic services, such as fire and police protection,schools,and libraries.

References in periodicals archive ?
Under the feasibility component of the fund, state and territory governments can apply for funding to undertake the critical early planning work including technical, environmental and economic assessments on specific water infrastructure projects.
Renewable and water infrastructure developments require decisive long-term investment and commitment.
In announcing the Center, the agency pointed to its unspecified involvement in a Maryland project as an example of how the new EPA Center could help birth new water infrastructure projects.
World Water Infrastructure Equipment (published 05/2012, 370 pages) is available for $6100 from The Freedonia Group, Inc.
Sumitomo, meanwhile, operates water infrastructure businesses in different parts of the world under the principle of developing optimal schemes for each project in consideration of local regional characteristics.
This past March may have shown that Massachusetts is not lacking in rainwater, but the many floods, wells shutting down, and the release of untreated wastewater across the commonwealth demonstrates that Massachusetts faces increasing challenges with its aging water infrastructure - and an expanding bottled water industry will only make the problem grow larger.
Besides drinking water system and waste water infrastructure would also be repaired in Gaza by means of projects of Turk Kizilayi, it stated.
The project will include the development of new and independent water infrastructure facilities in the Duhail and Umm Qarn communities.
In wealthier countries, corruption risks are concentrated in the awarding of contracts for building and operating municipal water infrastructure.
The goal for the WaterWorks conference is to highlight the need to deal with the aging water infrastructure while emphasizing the construction/rehabilitation of water transmission and distribution systems.
Last week, Angelenos got two more lessons in how both the water infrastructure and the service of the Los Angeles Department of Water and Power are breaking down.
A reliable water infrastructure is a key element to placing small communities like Espanola in a position for future economic growth and prosperity," says Northern Development and Mines Minister and Northern Ontario Heritage Fund Corporation (NOHFC) Chair Rick Bartolucci.