TNCs in infrastructure industries

The provision of good quality infrastructure services is a prerequisite for economic and social development. In terms of both the quantity and quality of key infrastructure services and utilities, such as electricity, telecommunications, transport and water supply, there are significant gaps between developing and developed countries and among developing countries at different stages of development. Indeed, in developing countries, insufficient provision of infrastructure and related services is one of the main obstacles to accelerating or maintaining the pace of development and to achieving the Millennium Development Goals (MDGs) set by the United Nations in 2000. One way of addressing the shortfalls in infrastructure and related services in developing countries is to mobilize FDI and other forms of TNC participation to supplement and complement the activities of domestic public and private infrastructure enterprises.

Sustainable Development Goals:

Decent Work and Economic Growth