Tags: Infrastructure, Investments, Decision making, Delivery streamlining, Asset maintenance, Cost effectiveness, Design optimisation, Value engineering, Best practices, Private sector, Public sector

Just keeping pace with projected global GDP growth will require an estimated $57 trillion in infrastructure investment between now and 2030. That’s nearly 60 percent more than the $36 trillion spent over the past 18 years, according to Infrastructure productivity: How to save $1 trillion a year, a report from the McKinsey Global Institute and McKinsey’s infrastructure practice. The $57 trillion required investment is more than the estimated value of today’s infrastructure. And this figure does not include costs such as clearing maintenance backlogs, meeting development goals in emerging countries, and making infrastructure more resilient to climate change. But given widespread fiscal constraints in the wake of the global financial crisis, even assembling the minimum investment required to meet growth predictions is a challenge.

Infrastructure productivity.pdf