Skip to main content

Rural road promise economic growth for developing nations around the world

This circular was prepared by Asif Faiz, Emeritus Member of the TRB Committee on Low- Volume Roads. Faiz received his undergraduate degree in civil engineering from Peshawar University in Pakistan in 1968. He received his master’s and doctoral degrees in transportation engineering from Purdue University in 1971 and 1975, respectively. He then joined the World Bank as an economist in the West Africa region. His international development experience of 37 years covers more than 40 developing countries in Sub-S
October 9, 2012 Read time: 2 mins
This circular was prepared by Asif Faiz, Emeritus Member of the 6705 TRB Committee on Low- Volume Roads. Faiz received his undergraduate degree in civil engineering from Peshawar University in Pakistan in 1968. He received his master’s and doctoral degrees in transportation engineering from Purdue University in 1971 and 1975, respectively. He then joined the 2332 World Bank as an economist in the West Africa region. His international development experience of 37 years covers more than 40 developing countries in Sub-Saharan Africa, Latin America, South Asia, East Asia and the Pacific, and Eastern Europe. He was the World Bank’s Highways Adviser from 1989 to 1992 and served in various advisory and management positions until his retirement in 2008. Since then, he has been working as a Consultant Adviser to the World Bank, AusAID, and the U.S. Institute for Peace. He has lectured internationally on the subject of lowvolume roads. Faiz has actively participated in the work of TRB throughout his tenure at Purdue University and the World Bank. His profile was featured in TR News, No. 156 (September– October 1991). In 1999, he received TRB’s Eldon Yoder Award for most outstanding paper on a topic related to low-volume roads.

Click the PDF Link to view more.

For more information on companies in this article

Related Content

  • Fayat is positioned for growth
    January 6, 2017
    Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group. He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important
  • Fayat is positioned for growth
    April 18, 2013
    Market conditions are tough, according to Jean-Claude Fayat, executive managing director of the Fayat Group. He said, “From my point of view this crisis is not over. We have a slow recovery but this is a structural crisis and a new balance has to be found.” Despite the difficult conditions, the company is performing well and Fayat said, “Our group turnover is around €3.7 billion/year. We are a family group and we have never wanted to be on the stock exchange.” The European market has become less important
  • Italian construction machine firms see resurgence
    July 25, 2017
    The Italian construction machinery builders association, UNACEA, reports a resurgence in demand for equipment during 2017. According to UNACEA’s latest report, the first six months of 2017 have seen 5,109 machines sold in the Italian market, an increase of 6% compared to last year. Looking more closely, sales of earthmoving machines grew 6% with 4,910 machines sold, while sales of road equipment increased by 9% with 199 machines sold.
  • VIDEO: Pilosio Building Peace Awards: the power of the construction sector
    September 22, 2015
    Four construction firms from Canada and one of Belgium’s largest infrastructure companies, 1303 Besix, have committed to building a school each during this year’s 7163 Pilosio Building Peace Award in Milan.

    Executives from the companies, along with those from several other property related businesses, accepted a challenge from the event’s guest of honour, US actress Sharon Stone: “Is anyone out there going to build me a schoo1?”