Infrastructure has never been as relevant as it is today. According to the report "The Infrastructure Moment by McKinsey, the definition of infrastructure has broadened: we are no longer talking only about roads, bridges or power grids, but also about data centers, fiber optic networks, charging stations for electric vehicles and intelligent monitoring systems.
This paradigm shift requires governments, investors and operators to change the way they think and act. McKinsey estimates that some $106 trillion in global investments will be required through 2040 to cover seven key areas: transportation and logistics, energy, digital, social, water and waste, agriculture, and defense.
For example: transportation and logistics will demand about $36 trillion; energy and power $23 trillion; and digital infrastructure $19 trillion.
Why now? Several factors coincide and create urgent pressure: obsolete assets, accelerated urbanization, technological advances, and geopolitical changes.
These forces not only generate greater demand, but also change the very nature of infrastructure: traditional systems connect with new ones - for example, data centers require power, water, communications networks and transportation.
The role of private capital is also changing. Funds dedicated to infrastructure increased from about 500 billion in 2016 to more than 1.5 trillion in 2024. However, public funding continues to predominate, reflecting the strong need for state-private sector collaboration.
We are at a turning point. The infrastructure of tomorrow is already starting to be built today. For McKinsey, those who act with cross-sector vision and collaboration will not only be able to meet the demand, but also define what kind of connectivity, growth and well-being the next generations will have.
Fynsa