Flingpord

  The basic physical and organisational structures required for the smooth running of any society are generally referred to as infrastructure. These include structures like industries, buildings, roads, bridges, health services, governance, security and so on. Infrastructure is the enterprise or the products, services and facilities necessary for an economy to function according to Arthur O’Sullivan and Steven M. Sheffrin in ‘Economics: Principles in Action’, which was published in 2007 by Pearson/Prentice Hall in New York, USA. Infrastructure can be described generally as the set of interconnected structural elements that provide a framework supporting an entire structure of development. It is an important term for judging a country, region or state and individual’s development or status.  Infrastructure is an umbrella term for electricity, ICT, roads, railways, tunnels, irrigation, water supply and sanitation, seaports and airports, storage facilities, and oil and gas pipeli...