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Infrastructure:
Refers to the long-lived physical structures, facilities and supporting operating systems
that provide essential services to consumers and facilitate the flow of goods, information
and factors of production between buyers and sellers.
Capital projects that are pervasive inputs into production: that is, projects that provide
services used at any one time by a large number of different firms and individuals to
facilitate production.
Fundamental facilities and systems serving a country, city, or other area, including the
services and facilities necessary for its economy to function.
Public Infrastructure:
An investment where the government has the primary role in, and responsibility for,
deciding on whether and how the infrastructure is provided in the interests of the broader
community and on the source of the revenue streams to pay for the infrastructure over its
life.
Infrastructure that is owned by the public (represented by the government) or is for public
use. It is generally distinguishable from private or generic infrastructure in terms of policy,
financing, purpose.
Public infrastructure provides the basic foundation for economic activity and its social
benefits far exceed what any individual would be willing to pay for its services.
Roles in Development:
PROVIDES:
Infrastructure capital may be provided privately or publicly. Traditionally, however, much
infrastructure capital has been provided by the public sector.
Public infrastructure is an investment where the government has the primary role in
Public infrastructure extends beyond infrastructure that is owned or directly funded by the
public sector. For example, this definition would capture infrastructure assets and services
owned and operated by the private sector, but where the government has created the
overarching policy and regulatory framework, or possibly retains a contingent liability for
the infrastructure assets and continued service provision.
The traditional economic rationale for government intervention is that socially beneficial
infrastructure assets and/or services would be underprovided by the private sector.
Potential underprovision arises where services exhibit public good characteristics (notably
non-excludability for infrastructure such as most road networks), network effects and
positive externalities, or where a facility has natural monopoly characteristics such that a
private provider would have the ability and incentive to raise prices and/or restrict output
below socially desirable levels.
BENEFITS:
Infrastructure is provided in the interests of the broader community
Infrastructure capital enhances private sector production.
How it is planned, budgeted, implemented and operated:
Infrastructure takes a long time and a lot of money to design and build. Projects are
generally built to support a fixed maximum use or population and have a finite lifespan.
This results in a challenge for public and private sector planners to accurately predict
population density and infrastructure usage on a forward-looking basis, to ensure that they
build systems to support populations 10-30+ years in the future.
Large infrastructure projects are generally public-private partnerships to some extent, as
their duration and capital requirements often require government sponsorship. These
projects also tend to involve public property or public goods such as water, power, and
transportation networks. It would be extremely difficult for companies to build large
infrastructure without government sponsorship.
The infrastructure and construction industry is constantly innovating from a technology
perspective.
Testing, systems integration, and program management software is another category of
technology that is very important to infrastructure and construction. Tools such as building
information modeling (BIM) allow more efficient planning, design, and model-based testing
that help builders optimize space and decrease mistakes.
There are a number of constraints that affect infrastructure and large-structure
construction companies. These constraints are focused on public planners and the
companies that develop projects in partnership with government customers.
A clear understanding of future population and demographic patterns will result in better
and more efficient use of public resources.
While government sponsorship is positive and in many cases necessary, it is
accompanied by the challenges implicit in working under government oversight. In some
cases this is limited to the regulatory burden of government cost-accounting and
management systems. Highly visible public projects have famously become political and
even campaign issues as projects are funded via taxes or bond issuances. This can result
in increased oversight and regulatory pressure.
CATEGORY EXAMPLE
Transport
Infrastructure
Bridges, roads,
bicycle paths,
sidewalks, airports
and rail services.
The four-year project to span the Golden Gate strait and connect
San Francisco to Marin County culminated in what was the world's
longest (4,200 feet) and tallest suspension bridge when this Bay
Area landmark opened in 1937. The Golden Gate would keep those
records until the 1960s.
Wet Infrastructure
Energy
Infrastructure
Grids, power
stations, wind
turbines and solar
panels.
The third largest wind farm is situated, it’s in Tamil Nadu, India – The
Muppandal Windfarm. There are about 3000 turbines set up in the farm
which produces 1500 MW of clean energy. The wind farm has helped
to reduce the reliance on fossil fuels and will eventually lead to a
reduction in emission of greenhouse gases.
Information
Infrastructure
Basic
communication and
network services.
Government
Institutions of
government such as
a parliament, courts
and regulatory
bodies that provide
social, economic
and environmental
stability.
Commonly known as the Houses of Parliament after its occupants, the
Palace lies on the north bank of the River Thames in the City of
Westminster, in central London, England. It is the meeting place of the
House of Commons and the House of Lords, the two houses of the
Parliament of the United Kingdom.
Institutions
Critical institutions in
areas such as
education, culture,
health, social
services and
finance.
Public Space
Parks, beaches,
gardens, historical
sites, nature
reserves and other
public spaces.
Located at the center of Manhattan in New York City, this famous urban
park was opened in 1857. Central Park is the most visited urban park
in the United States with 35 million visitors each year. It spans over 800
acre with many beautiful features like Belvedere Castle, the Central
Park Reservoir, Bethesda Fountain and many more.
Waste
Infrastructure
generation,
collection,
management of
trash/garbage,
disposal and
treatment of
wastewater,
characteristics, Deer Island is the second largest sewage treatment plant in the United
disposal, handling of States.[2] The plant is a key part of the program to protect Boston
hazardous waste Harbor from pollution from sewer systems in eastern Massachusetts,
mandated by a 1984 federal court ruling by Judge Paul G. Garrity, in a
case brought under the Clean Water Act.
APPENDIX
https://www.rba.gov.au/publications/confs/2014/pdf/poole-toohey-harris.pdf
http://press-files.anu.edu.au/downloads/press/p43541/pdf/article0522.pdf
https://mpra.ub.uni-muenchen.de/12990/1/MPRA_paper_12990.pdf
https://graylinegroup.com/infrastructure-construction-industry/
https://simplicable.com/new/public-infrastructure
https://www.investopedia.com/terms/i/infrastructure.asp
https://en.wikipedia.org/wiki/Infrastructure
https://en.wikipedia.org/wiki/Public_infrastructure
http://greencleanguide.com/the-five-largest-wastewater-treatment-plants-in-the-world/
https://www.investopedia.com/articles/markets/030216/worlds-top-10-telecommunications-
companies.asp
https://interestingengineering.com/12-of-the-worlds-most-fascinating-dams
https://interestingengineering.com/search?q=best+infrastructure
https://interestingengineering.com/the-11-biggest-wind-farms-and-wind-power-constructions-
that-reduce-carbon-footprint
https://www.bauhaus-dessau.de/en/history/bauhaus-dessau.html
https://10mosttoday.com/10-most-famous-urban-parks-in-the-world/\
http://www.bbc.com/culture/story/20160618-the-worlds-ten-most-striking-government-buildings
https://en.wikipedia.org/wiki/33_Thomas_Street
AR 427B (2335)
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