All challenges to modern development depend on the need for reliable and efficient infrastructure. Concrete, steel and fiber-optic cable are the essential building blocks of the economy.
Infrastructure facilitates trade and powers businesses while also connecting workers and creating more employment opportunities within communities. It is the key to all sustainable and prosperous economic development. Further, it is essential for protecting communities and cities against the growing unpredictability of the natural environment. Quality infrastructure connects people to higher-level employment, education and healthcare opportunities, which promotes healthy economic growth. This is exactly the kind of thing we are aiming to support in our region so that we can watch the community continue to flourish and grow in the coming years.
What’s more, efficient public transport and access to clean energy significantly reduce greenhouse gas emissions. Given the current state of the natural world, the transition to sustainable options in all facets of modern life will become essential.
Demographic and cultural changes are also calling for strong infrastructure. demographic and cultural changes, such as the aging and diversification of our society, shrinking households and domestic migration, underscore the need for new transportation and telecommunications to connect people and communities. The percentage of licensed drivers among the young is the lowest in three decades, as more of them use public transit and many others use new services for sharing cars and bikes.
The Australian government has committed to tackling infrastructure bottlenecks to help create the right conditions for sustainable economic growth and to enhance trade and investment opportunities across the region and we are determined to be ready and ahead of the curve when it comes to healthy economic growth and strong infrastructure.