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Yet the next government will face a huge infrastructure backlog.
As a result, the U.K. is now facing a big infrastructure backlog of its own.
Brazil is regretting taking so long to start; it's grown a lot but it has an infrastructure backlog of 30 years.
The ASCE puts the total infrastructure backlog for the United States at $2.2 trillion, a number that only increases as time goes by.
Similar(56)
All countries in Europe and elsewhere in the world struggle with similar problems regarding transport: Congestion and time losses, too few infrastructure, growing demand for mobility, growing demand in freight transport, shortcomings in financing of new transport infrastructures, backlog in the maintenance of the existing infrastructure, environmental and safety issues, to name only a few of them.
Considering the size of Britain's infrastructure spending backlog, and the cost of the rail, road and air projects now on the national wishlist, the chancellor's additional £1.1bn transport spending, with £110m earmarked for the new east-west rail link between Oxford and Cambridge, was perhaps an unambitious amount.
The infrastructure repair backlog is $4.6 trillion, according to the American Society of Civil Engineers ASCEE).
America has a $2 trillion backlog of infrastructure maintenance that must be undertaken sooner or later.
On transport not least here in London: we must work with you - private and public sectors together - to tackle the massive backlog in infrastructure investment.
These so-called multiplier effects tend to be larger when, as now, there is a big backlog of infrastructure work that needs to be done and when there is little scope to stimulate activity through lower interest rates.
Because of the recent slowdown, Mr. Oberstar said, "there is a huge backlog of infrastructure projects that are ready to go" in three or four months, if additional money is made available.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com