Infrastructure Industry Set For A $190 Billion Injection: Who Will Profit?
Despite how far human ingenuity has come, nothing we make or build is meant to last forever. Bridges especially are prone to substantial wear and need to be replaced every few decades. But seeing as how most bridges in America are nearing the end of their design life and have had little to no refurbishments since the day they were built, we can expect closures — if not downright collapses — to be an increasingly common occurrence. How long can our government keep ignoring this costly and dangerous problem?
The Federal Highway Administration states that over $20 billion would need to be spent annually through 2028 just to improve bridge deficiencies across the country. And the plight of America’s bridges points to a far bigger crisis — an aging transportation network that’s rapidly becoming too decrepit to manage.
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