The current investment in Australian infrastructure is barely keeping pace with demand. To meet future demand we will need to invest more but also, crucially, build and operate major assets more efficiently.
Transport accounts for an incredible 50% of all the infrastructure engineering construction work done in Australia. Over the past 30 years we have added over 100,000 km of roads to our network and more than doubled the annual spend on rail. We are travelling more and unfortunately spending relatively more time doing so.
What will the infrastructure that is funded, designed and built in 20 years' time look like? We interview industry heavyweights to provide their views in our Future of Infrastructure video series.
Market snapshot and drivers
Interview with Adrian Hart, Associate Director, BIS Oxford Economics by MinterEllison.
Part 1: BIS Oxford Economics has more insight than most into the numbers that sit at the heart of the infrastructure sector in Australia. Adrian provides a snapshot of the infrastructure market and the current and future drivers of the industry.
Watch the interview below: