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Shared-Use Infrastructure Along The World’S Largest Iron Ore Operation: Lessons Learned From The Carajás Corridor, Martin Dietrich Brauch, Nicolas Maennling, Perrine Toledano, Edgar Santos Monteiro, Felipe Botelho Tavares
Shared-Use Infrastructure Along The World’S Largest Iron Ore Operation: Lessons Learned From The Carajás Corridor, Martin Dietrich Brauch, Nicolas Maennling, Perrine Toledano, Edgar Santos Monteiro, Felipe Botelho Tavares
Columbia Center on Sustainable Investment Staff Publications
To be beneficial for a country’s development, non-renewable resource extraction should be leveraged to build long-term assets, such as infrastructure, that will support sustainable and inclusive growth. This is especially critical for countries facing an infrastructure-funding gap (e.g. the World Bank’s Africa Infrastructure Country Diagnostic has estimated that Africa faces an annual infrastructure funding gap of US$31 billion); leveraging extractive industry-related investment could help fill this gap. Historically, natural resource concessionaires have adopted an enclave approach to infrastructure development, providing their own power and transportation services to ensure that the basic infrastructure needed for their operations is reliably available.
Shared-Use …