Transport

Underinvestment has led to a shortage of capacity for a country of nearly 170m people, and as GDP growth continues to surpass 7%, the resulting increase in both consumption and production means there is sizeable scope for investment in roads, ports, bridges, airports and other facilities. The government has thus embarked on the process of eliminating institutional obstacles and incentivising private investment, with the hope for steady improvement for the long term. Concessioning at the ports has been a successful early step, for example, as is a revitalised railway system. This chapter contains an interview with Peter Kieran, President, CPCS.