Why is infrastructure important for business

Retail companies generally want to be located as close to their competitors and customers as possible. This usually means being located in busy areas and around other retail outlets. Manufacturing companies generally prefer locations with cheaper rent, rather than being close to their customers.

Infrastructure refers to the facilities that support everyday economic activities, for example roads, phone lines and gas pipes. An efficient transport network enables staff to get to work easily. Exports of local products and imports of raw materials depend on accessible seaports and airports.

And a constant, adequate energy supply is a prerequisite for the success of companies, large and small.

Infrastructure investment can boost economic growth by 2. However, demand for infrastructure far outstrips the financial resources available. A lack of investment worthy projects also hampers the construction of good, accessible infrastructure. Many developing countries do not have the institutional capacity and resources to develop projects, and political risks also often deter potential investors.

The Netherlands is keen to promote a good business climate in low and middle-income countries, and therefore helps develop their public and private infrastructure through bilateral and multilateral programmes, grants, revolving funds and technical assistance. The movie shows how the Netherlands supports the development of infrastructure in developing economies.

On-screen text: Netherlands Enterprise Agency. Commissioned on behalf of the Ministry of Foreign Affairs of the Netherlands. A ship travels across the water. Accessible and properly functioning infrastructure is an essential precondition for the development of the private sector.

It makes effective entrepreneurship, foreign trade and investment possible, and enables people to provide for their own livelihoods. We farm edible products, mainly mangos. After picking the mangos, we have to deliver them really quickly to our clients. We focus on providing you with specific tactics that you can apply directly to your business. It takes time for us to put this info together but rest assured you will not be disappointed.

At least we hope not! Article by. Alicia Butler Pierre. Further, business infrastructure provides businesses with: a solid foundation, a replicable platform, a model and a formula that makes each time you do something easier than the time before, consistency in your delivery of customer value, and economies of scale.