Have a look at that chart the Economist Magazine published showing forecast increase in world population from 1950 to 2050.
The figures are based on the UN World Population Prospects.
It is a common understanding in the infrastructure asset management sector that new infrastructure will be built to match the need of a growing population and support economic growth as well.
With the foregoing as a basis, we could say that the countries that will be constructing more infrastructures in the next 40 years are the top 12 most populated countries.
Looking at the UN chart above, these most populous countries are as follows:
- United States
How many countries listed above have the capability to build infrastructure?
Seeing the list above could make one conclude that world population changes are shifting away from Europe.
Infrastructure procurement, construction and sustainable infrastructure management are expected perennial issues for all these countries in the next 40 years.