The paucity of resources such as financial aid and development plan are hindering the infrastructure constructions in many of the poor countries. While few individuals feel this should be the fundamental problem solved by foreign investment, this essay will explain why I completely agree with this notion.
To embark on, the cardinal focus of infrastructure development needs to begin with construction of roads. This is because they connect major cities with nearby suburbs and countryside. For instance, if there are good roadways, it will be easy to commute. As a result, trade such as cargo will grow rapidly; generating employment and consistent revenue. Furthermore, there should be more of multi-purpose buildings in major towns and cities. The primary advantages of such buildings are that it creates opportunities to run local businesses or invite global brands to start their franchises, provide leisure and entertainment facilities.
Another pivotal basic structure in any under-developed or developing economies is public transport. This is important because the majority of population in these countries are financially poor. As a consequence, they can not afford to own a private vehicle. Therefore, government should attract foreign direct investments to construct and operate transport systems like metro rail, trams, and tubes in collaboration with central government. Moreover, to a certain extent, foreign investments should be permitted in real estate for construction of basic housing, which improves the quality of life index of a country.
In conclusion, from my perspective, foreign capital should be encouraged in poor countries for development of infrastructure such as road ways, multi-utility buildings, public transportation - by investing in real estate as well. Due to this, a country' s infrastructure can be enhanced to improve overall standard of living.
The paucity of resources such as financial aid and development plan are hindering the
infrastructure
constructions in
many
of the poor
countries
. While few individuals feel this should be the fundamental problem solved by
foreign
investment, this essay will
explain
why I completely
agree
with this notion.
To embark on, the cardinal focus of
infrastructure
development needs to
begin
with construction of roads. This is
because
they connect major cities with nearby suburbs and countryside.
For instance
, if there are
good
roadways, it will be easy to commute.
As a result
, trade such as cargo will grow
rapidly
; generating employment and consistent revenue.
Furthermore
, there should be more of multi-purpose buildings in major towns and cities. The primary advantages of such buildings are that it creates opportunities to run local businesses or invite global brands to
start
their franchises, provide leisure and entertainment facilities.
Another pivotal basic structure in any under-developed or developing economies is public transport. This is
important
because
the majority of population in these
countries
are
financially
poor. As a consequence, they can not afford to
own
a private vehicle.
Therefore
,
government
should attract
foreign
direct investments to construct and operate transport systems like metro rail, trams, and tubes in collaboration with central
government
.
Moreover
, to a certain extent,
foreign
investments should
be permitted
in real estate for construction of basic housing, which
improves
the quality of life index of a country.
In conclusion
, from my perspective,
foreign
capital should
be encouraged
in poor
countries
for development of
infrastructure
such as road ways, multi-utility buildings, public transportation
-
by investing in real estate
as well
. Due to this, a
country&
#039; s
infrastructure
can
be enhanced
to
improve
overall
standard of living.