Infrastructure megaprojects are extremely large scale, typically complex, investment projects by the public or private sector aimed at developi ng and managing public utility infrastructures (i.e., dams, airports, highways, railways, wastewater systems, and power plants, etc.). This kind of projects requires high investment expenditure th at exceeds $1 billion according to some literature. In many cases megaprojects attract a lot of public attention because of substantial impacts on communities, environment and local and nationa l government budgets, and may even require the creation of structures, equipment, purposefully prepared development sites, and new institutional forms for planning, construction and operation.
|Number of pages||2|
|Journal||International Journal of Architecture, Engineering and Construction|
|Publication status||Published - 2014|
- infrastructure development