Drones and satellite technology, among others, could contribute to improvements in the planning and engineering stages of construction projects and land acquisitions, the report said. — AFP
BOGOTA: Latin American should turn its infrastructure investment focus toward digital technologies and away from physical infrastructure to stimulate its economic recovery after the coronavirus pandemic, the Inter-American Development Bank (IADB) said on Thursday.
Increasing digitalisation of public services like water, electricity and Internet could lead to gross domestic product growth of 5.7% over 10 years in the region, equivalent to US$325bil (RM1.37tril) in additional income during that time, the IADB report said.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
