Importance of Road Infrastructure for an Industrial Economy

Excellent road infrastructure is vital for an industrial economy to function. Good roads are a reflection of a country’s industrial progress. Governments worldwide have been building highways or improving road infrastructure for at least the last 100 years. There are many advantages of investing in roads and highways.

Road Infrastructure

Improved potential for progress will be a result because the transportation of goods from one place to another will lead to better prices for products and thus an expanding economy. This will result in improved income levels for people and the government. Another advantage is increased accessibility. It would become easy for people to move from one place to another. Faster transportation of goods is another advantage. Employment will rise when highways are being built. Improved access to markets is always good for any economy. Poor road infrastructure results in problems for the economy and society as a whole.

Poor road conditions and transportation systems hinder movement of goods and people. Lack of adequate infrastructure could also be a disincentive to both local and foreign investors. Vehicles may get damaged if operated on bad roads. Increased level of accidents in the developing world is partly due to the poor road infrastructure present in those countries. Improved road conditions reduce commuting time and costs. This allows people to spend more time with income generating activities. Governments worldwide are realizing that a road infrastructure in tune with the local nature is vital for any country’s development.

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