Network
It can also attract investments in sectors like tourism and agriculture, which rely on adequate water resources.
4. Digital Infrastructure:
In the digital age, investing in digital infrastructure, such as broadband networks and data centers, is crucial for economic growth. It enables access to information, promotes e-commerce, and facilitates digital innovation.
Digital infrastructure can attract technology companies, create jobs in the IT sector, and improve connectivity for businesses and individuals.
5. Social Infrastructure:
Investments in social infrastructure, including healthcare facilities, schools, and affordable housing, are vital for human capital development.
Access to quality healthcare and education improves productivity, reduces poverty, and enhances social well-being.
Affordable housing projects can address housing shortages, improve living conditions, and stimulate construction-related industries.
While infrastructure projects offer numerous benefits, they also come with challenges. Some common challenges include:
