Bridging the Gap: Overcoming Infrastructure Deficits in Rural Economic Development
11 Mar 2024
In the quest for sustainable growth and prosperity, rural economic developers face a unique set of challenges, paramount among them being a pervasive issue of infrastructure deficits. These deficits not only stifle economic potential but also hinder the quality of life in rural communities.
Understanding the Challenge
Infrastructure in rural areas encompasses a broad spectrum, including transportation networks, broadband internet access, water and sewage systems, and energy supply. The deficits in these areas are multifaceted, often rooted in the geographical vastness and lower population densities of rural regions. This makes the cost-per-use of infrastructure development significantly higher than in urban areas, frequently leading to underinvestment.
More Topics
The Site Selectors Guild has announced the addition of new Associate Member W. Ford Graham, senior vice president – economic development with McGuireWoods Consulting. The Guild, the only association of the world’s foremost professional site selection consultants, is now comprised of 63 Full members, five Associate members, and three Emeritus...
Red Wing, Minnesota is rich in women’s history. This month, the Red Wing Port Authority is highlighting the legacy of Eugenie Anderson, the first American Woman to serve as a U.S. ambassador – and who called Red Wing home.Liz Schmidt, an archivist at the Goodhue County Historical Society, shared her...
Top Three Industries See Major Boost
Mar 4 2024A look through the data collected by the Conway Projects Database in 2023 sends a clear signal that the world is under construction. In comparison to the prior year, the top industries only saw one change in the ranks, thanks in part to a multi-billion-dollar project investment boom seen around...