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 ?
Some other key factors such as a 27 per cent surge in the infrastructural spending by UAE government would lead to an increase in number of projects in the transportation sector, resulting in surge in demand for intelligent transportation system, the report said.
Nepal is the founding member of the Asian Infrastructural Development Bank initiated and established by China.
On completion of the second phase, which is the establishment of industrial parks, our member companies would initiate infrastructural investments.
Gurugram DTP Mohan Singh said, " For any old error, our department is ready to compensate the builder and take control of the land for infrastructural development".
China and Japan are the leading countries in the infrastructural health monitoring market in this region.
So, in this way, national infrastructural plans subtly turned into continental programs, so that they might create economic and technical cohesion within the European arena.
Owing to huge growth potential and increased investments in the infrastructural network in the UK, global players are eyeing opportunities through Engineering, Procurement and Construction (EPC) contracts.
There is enough concern and focus on infrastructural investments now as there are many positive indicators for the UAE economy in 2013 which had forced the partial withdrawal of the UAE sovereign funds which are 70 per cent in the USA to be invested in the UAE as it is witnessing a nascent recovery and a high returns in the real estate," said Ashour.
The major Red Sea port of Jeddah is currently undergoing a massive infrastructural development as part of a new vision for the city which will support its rapidly expanding population as well as its role as the gateway to the holy city of Makkah.
Apart from Oil & Gas sector, vigorous efforts on Infrastructural growth by Oman are quite visible.
Due to the frequent transport blockades, Macedonia and its industry are in a very difficult situation because the country, in a transportation and infrastructural sense, is highly dependent by its southern neighbor.
TCC) and Asia Cement, two Taiwan-based cement makers, saw plummeting profits in the first half, due to decreasing cement prices and shrinking infrastructural work.

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