Skip to main content

Business confidence

Business confidence in construction looks healthy in many countries around the world. Transport infrastructure remains a high priority for construction activity around the globe. China is continuing to develop its own internal transport network, while also funding a massive programme of works under its Belt & Road plan. The impact of the Belt & Road programme is being seen in Asia, Russia and also parts of Africa, with the aim of unlocking economic activity by boosting transport connections, whether by road
June 10, 2019 Read time: 3 mins
Business confidence in construction looks healthy in many countries around the world. Transport infrastructure remains a high priority for construction activity around the globe. China is continuing to develop its own internal transport network, while also funding a massive programme of works under its Belt & Road plan. The impact of the Belt & Road programme is being seen in Asia, Russia and also parts of Africa, with the aim of unlocking economic activity by boosting transport connections, whether by road, rail or sea.


The Russian Government has also actioned a series of highway and road development works to boost transport, a major change from past years. In much of Asia, massive highway projects are being started, particularly in India, Indonesia, Vietnam and Malaysia.

Clearly, countries in the developing world have seen the importance of improving transport connections. However, in the western developed nations, progress is rather slower.

During 2018, a major increase was seen in the total distance travelled in the US by road. A steady improvement in the US economy has resulted in the country’s drivers clocking up a total of 5.16 trillion km during 2018. This represented an increase of 19.52 billion km over the previous year. The total distance driven on public roads and highways in the US during 2018 is the highest on record. This is also the fifth year in a row to top 4.8 trillion km travelled. It is abundantly evident that the demand for road use is there. But the US Government is still proving unable to develop a coherent strategy to repair and expand its transport infrastructure. Many individual US states have set their own fuel taxes or developed tolling strategies to improve transport infrastructure, but the lack of a US-wide plan is providing a brake on economic growth.

Nor can this be seen as a problem purely for the US. Many nations in the developed world also are showing a great deal of complacency over their transport infrastructure, with limited budgets for expansion or even maintenance.

The development of the US Interstate system commenced in 1956 and has proven crucial for the country’s economic development since. This lesson has clearly been learned in many countries, China, India and Indonesia being notable examples at present. What is of concern is that many developed nations seem to have forgotten this lesson and insufficient transport development work is being carried out.

Related Content

  • Upgrading a busy A road link in the UK
    July 4, 2018
    The upgrade to the UK’s busy A14 route will address a significant traffic bottleneck - Mike Woof writes The UK is suffering badly from traffic congestion, a problem that is particularly severe in and around its major cities. Lack of investment in road construction over many years has resulted in a major backlog of work, while the country has seen growing vehicle numbers. To make matters worse, there have been few additions to the major road network since the late 1980s and early 1990s. And the combinatio
  • Better road safety can save lives worldwide
    January 24, 2017
    Road safety is an issue that rarely grabs headlines, although it is something that affects people around the globe. Road deaths account for a shockingly high percentage of deaths worldwide, with the risks being particularly high in developing countries. This poses such a threat to public health that the United Nations has been taking steps to address the issue, commencing with its Decade of Action on Road Safety in 2010. The focus has been on developing countries, due to the rapid increase in road deaths in
  • Lintec & Linnhoff’s new plans
    December 1, 2020
    Lintec & Linnhoff is unveiling its new market expansion plans after a successful business transformation
  • Ukraine’s shattered highways
    July 26, 2024
    With no end to its war with Russia in sight, Ukraine is also fighting hard to cope with a growing backlog of major infrastructure projects, especially in terms of rebuilding the country’s roads and bridges. David Arminas reports.