Trillions of Dollars Needed to Fix Global Infrastructure and Potholes, OECD Says

 

"Europoort (Landtong Rozenburg)" by F.d.W (Frans de Wit), under a Creative Commons license on flickr. The SSCV Thialf, one of the world's largest crane vessels, sits in the Port of Rotterdam. Frans de Wit is a photographer and software manager based in The Netherlands.

 

THINK THE STREET potholes in your neighborhood are a pain? That's nothing. The vast global infrastructure (roads, ports, railroads, bridges, airports, telecom and energy/oil) has $53 trillion in investment needs between 2010 and 2030, according to a recent OECD report. Why? Because over that period, air passenger traffic may double, air freight might triple, and port container-handing could quadruple. The OECD urges the world's governments to start planning now to meet those needs. Good luck with that one. What hath globalization wrought? Scary.

• OECD International Futures Programme, "Strategic Transport Infrastructure Needs to 2030".