More and better infrastructure for utilities, energy, transport, waste management and telecommunications is needed to keep up with the fast pace of urbanization and a growing middle class.
By 2050, global passenger and freight travel is expected to double. Millions of miles of roads will need to be added and roads that already exist will need repair and replacement.
Demand for digital content will continue to accelerate. There is a need for a next-generation digital infrastructure that is safe, robust, and reliable for billions of people.
The total investment required for the energy-supply infrastructure alone from now to 2030 is expected to amount to $16 trillion.
Meeting all this demand will require foresight, planning, investment and innovation that science is helping deliver today.
Source: Source: McKinsey Global Institute; Frost & Sullivan; International Atomic Energy Agency