Paving the Future
How Road Corridors Can Drive Economic and Urban Growth
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November 15, 2024
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Road development traces back as far as the Roman Empire, which laid the groundwork for road networks and recognized their crucial role in enhancing transportation efficiency. Since then, countries, regions and cities have invested in the development of modern road transport corridors – major roads interconnecting key infrastructure assets such as ports and airports and urban centers, characterized by their large capacity and criticality in facilitating movement of people and goods.
These corridors play an important dual role in the local economy as critical regional transport enablers and, if properly activated, as axes for economic and urban growth. Ultimately facilitating the movement of people and goods by leveraging the corridor’s traffic and location to develop adjacent offerings, whether tourism resorts, logistics zones through to residential centers.
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Published
November 15, 2024
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