Page 14 - Transportation Infrastructure 2019
P. 14

Transportation                                      Transport infrastructure and economic
                                                           growth are intertwined. A robust
       Infrastructure                                      transportation system is a catalyst for

                                                           economic growth and development.
       And A Nation’s                                      Throughout history, major milestones in

                                                           transportation technology have stimulated
       Economic                                            economic progress and extensively improved
                                                           the quality of the life of the people.
       Growth, An                                          For instance, the invention of steamboats in


       Undeniable                                          1785 allowed farmers around the Delaware
                                                           River to sell their surplus crops to other

       Interlink                                           communities. The establishment of the
                                                           Metropolitan Railways in London circa 1863
                                                           helped commuters, in a short span of time,
                                                           travel to different parts of the country. The
                                                           freedom and mobility led to the creation of
                                                           more jobs and opportunities for locals and
       “Roads are the arteries through which               residents.  In 1914, the first commercial flight

       the economy pulses. By linking                      taking off of the runways of St. Petersburg in
       producers to markets, workers to jobs,              Tampa, Florida ushered in the era of
       students to school, and the sick to                 transcontinental commercial flights.
       hospitals, roads are vital to any                   Undeniably, there is no shortage of proof
       development agenda.” Claudia Berg,                  supporting the correlation between
       Development Research Group, World                   transport infrastructure and economic
       Bank.                                               growth.
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