Transport & Communication and Growth

Both transport and communication play vital roles in supporting economic growth.

Improved transport infrastructure can decrease transaction costs and reduce economic vulnerability. It also facilitates international trade and connections, and creates employment opportunities by enabling the promotion of economic activities.

Communication plays an indirect role in promoting economic growth through the improvement of market functioning, and the promotion of exports, especially in services. It also plays an important role in increasing the quality and efficiency of government services, and can in particular reach poor people with information of direct use for improving their economic situation.