Australian Transport Conference

Transport infrastructure is a vital element of any economy, which may positively or adversely get a new welfare and growth and development of a town, city, region or country. If transport infrastructure are planned and implemented in an joyful manner, they produce economic and social benefits that induce increased use of markets, employment, investment, as well as initiating a multiplier effect which will be felt car economy. However, if transport infrastructure is deficient, they are able to bring about economic and socio-economic loss from not having the right transportation systems in position to permit the economy to execute to its optimum.

Australian Transport Forum 2013

Transportation has been closely aligned and linked to economic growth and development because the duration of the economic revolution. As each stage of human development has changed, specific transport styles and infrastructure are suffering from and adapted to permit the expansion of local, regional and national economies. One of many lessons learnt from your past that needs to be recognised in the present development and adaptation of transport infrastructure, is that no one transportation type is solely responsible for past growth; rather a mix of transport types and also the infrastructure that has been designed to support them. Through human civilisation, mobility has been just about the most elementary characteristics of economic growth, facilitating the transport of individuals and merchandise.

Australian Transport Forum 2013

The economical importance of existing and future transport infrastructures can be looked at at both macro and micro levels. Macroeconomic advantages of efficient transportation systems relate to the economy as a whole, and links to the stage of productivity, output, income generation and employment of the region or country. Comparatively, microeconomic great things about efficient transportation systems relate with the movement of products, consumers and producers, plus the physical expense of this movement. When transport infrastructure is planned for and implemented inside the correct manner, the infrastructure created supplies a web of links which allow the whole array of the factors of production, that lead to economic growth, to be effective together in a synergetic manner. Put simply, the elements of production and economic growth; being space, capital and labour, experience significant improvements inside their capacity to perform and make stimulus to the economy when personal mobility and distribution capabilities have reached their optimum.



With transport infrastructure being vital in the output of economic, social and socio-economic outcomes, it is vital that those faced with the responsibility of planning and implementing the systems are well experienced and possess the capability of turning plans and construction into synergetic transportation systems that not only enhance, but promote economic growth.