Development Guide: Public Infrastructure & Municipal Economic Development

Traditionally public infrastructure is thought of as the physical assets that are needed to support the basic functions of communities and the economy. Typical examples include roads, bridges, water, sewer, the electricity grid, and telecommunication systems.

In a broader context infrastructure can be referred to as social overhead capital, which in addition to hard assets includes facilities and human resources relied on to provide public services such as health, security, education, social welfare, recreation, culture, and economic development.