Whether they need to renew their infrastructure or build it up, these countries are making manageable, affordable investments that should improve their national competitiveness. Strong transnational networks should reduce these smaller nations’ dependence on single sources of energy, food or raw materials.
As this year’s Infrastructure 100 demonstrates, most of the smaller established markets have a common penchant for domestic financing, despite wide variations in the maturity of their economies and infrastructure. With public sector funding becoming more difficult to access – many of these economies are now seeking to expand the use of private investment.
While many governments in these markets have been able to develop strong domestic infrastructure programs that involve manageable, affordable chunks of infrastructure, the greatest challenge will forever be scale.
Read more about 25 exceptional projects now underway in Smaller Established Markets that were selected by our panel of experts for their scale, feasibility, complexity, innovation and impact on society