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 ?
Recognizing that the federal financial commitment to water infrastructure has declined significantly, many members of the subcommittee expressed their enthusiasm for the trust fund idea.
The Water Infrastructure Network (WIN) is a coalition of 29 organizations representing local government officials, municipal professionals, engineers, environmentalist and labor unions who have agreed on the outlines of a legislative proposal to address the $1 trillion anticipated shortfall in funding for the nation's drinking water and wastewater infrastructure.
Dingell praised him for "spearheading the effort to elevate the discourse on water infrastructure needs to the national stage.
The Top 10 Water Infrastructure Projects in Europe : Project Guide' is part of World Market Intelligence's database of 25,000+ construction projects.
As cities and towns across the country face water infrastructure challenges, Governor Cuomo is putting the health of New York's citizens first with unprecedented investments in water treatment and delivery.
The free summit raised awareness about the need for resilient water infrastructure and how reinvestment in water creates jobs, drives innovation and safeguards public health.
Last fall, the EENR Steering Committee approved NLC's participation the Water Infrastructure Network (WIN), a broad coalition of interest groups to explore the feasibility of developing a federal water infrastructure financing trust fund similar to the federal trust funds that finance other nationwide infrastructure programs (e.
Every day, Americans depend on water infrastructure to ensure that their drinking water is safe and that local waterways stay clean, said EPAs Office of Waters Deputy Assistant Administrator D.
ClickPress, Fri Sep 05 2014] This report is the result of Timetric's extensive market research covering the water infrastructure construction industry in Greece.
USPRwire, Thu Nov 21 2013] This report is the result of Timetric's extensive market research covering the water infrastructure construction industry in Hong Kong.
The American Water Works Association recently celebrated the unveiling of a Water Infrastructure Finance and Innovation Act (WIFIA) in two pieces of Senate legislation.
Four key members of Congress last week announced the formation of a Water Infrastructure Caucus in the House of Representatives in an effort to underscore and highlight the need for federal reinvestment in the nation's drinking and waste water infrastructure.