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The OECD’s “Strategic Transport Infrastructure Needs to 2030” project brought together experts from the public and private sector to take stock of the long-term opportunities and challenges facing gateway and corridor infrastructure (ports, airports, rail corridors, oil and gas pipelines, etc.). The intention was to propose a set of policy options to enhance the contribution of these infrastructures to economic and social development at home and abroad in the years to come.
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The revised estimates of rail “new construction” requirements (including new rail track and track maintenance) extend and update the infrastructure (rail and road) capital stock projections in the Infrastructure to 2030 report (OECD, 2006). The approach adopted generally followed the methodology outlined in Chapter 4 of the Report, as prepared by David Stambrook, which was based on World Bank methodology (Fay and Yepes, 2003). A number of improvements were made and some of the original assumptions were adjusted and updated to fine-tune the work and help improve the assessments.
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