By 2050, the modernization of digital infrastructure, clean energy and transport systems that underpin global economic progress will require investments worth 151.1 trillion US Dollars, while annual spending is set to rise from 4.4 trillion in 2024 to 6.9 trillion. In real terms, global spending over the next 25 years will be twice as much as recorded over the last 20 years, PwC Global Infrastructure Outlook 2050 said on the ground of Oxford Economics data that analysed 45 countries and areas that contribute for 88% of global GDP (. . .
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