Leveraging Mining-Related Infrastructure Investments for Development (Rails, Port, Power, Water and ICT)
Leveraging Mining-Related Infrastructure Investments for Development (Rails, Port, Power, Water and ICT) To be beneficial for a country’s development, non-renewable resource extraction should be leveraged to build long-term assets, such as infrastructure, that will support sustainable and inclusive growth. This is especially critical for countries facing an infrastructure-funding gap (e.g. the World Bank’s Africa Infrastructure Country Diagnostic has estimated that Africa faces an annual infrastructure funding gap of US$31 billion); leveraging extractive industry-related investment could ...
Source: columbia.edu