Megaprojects and the 'need for speed': How political indecision affects timelines of large infrastructure investments

Building a new transit line or a highway almost always takes longer than initially planned. A new study suggests that the biggest contributor to such delays isn’t necessarily the design, planning or even construction phases. Instead, it’s the time required for local or provincial authorities to decide what exactly they want to build.

This post was originally published on this site

More In Finance