Road Infrastructure in Nicaragua
Sep 9th, 2009 by Kevin
Improving infrastructure in developing nations is a big deal. Infrastructure is what takes a country to the next level in economic development. Whenever we visit Nicaragua, there is always new road infrastructure projects on the go and moving quickly! I came across this great article on Beyond Borders Internet TV today talking about the benefits of the advancing road infrastructure in Nicaragua including the following points that you may not have considered:
- Improvements had a direct impact on rural transport services: fares became cheaper and the number of public transport vehicles using the roads increased
- Road works generated employment in 12 departments and 24 municipalities with 23,205 direct and 8,126 indirect jobs. Direct beneficiaries included another 298,739 inhabitants living along these improved roads.
- Anecdotal evidence suggests that paving roads has made transporting staple foods to market much easier, breathing life into agricultural sector micro-enterprises, for whose operations they are a source of manual labor
These and others sited in the article are just the immediate impacts. Additional items not cited but also true: Increased tourism, travel and investment.
All of this together creates a better jobs and a better standard of living for the local inhabitants. For the investor, it also means opportunity for growth.
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