Impact of COVID-19 Pandemic on US Infrastructure- Part 4

Impact of COVID-19 Pandemic on US Infrastructure- Part 4

In this series of blog articles, I continue my coverage of the impact of the COVID pandemic on US infrastructure. We can say in complete certainty that the economic impact of the pandemic, when measured, would be unprecedented. Though most states have reopened (and some of them have scaled back as well), its impact on infrastructure can’t be gauged quickly. Rather, a more systematic and comprehensive review of existing conditions and a plan to upgrade it must be sough out through experts. 

“One can expect that infrastructure financing will take a downward plunge in the short to medium term. However, once the pandemic is successfully contained, the focus will need to shift from crisis management to assisting to adequately invest in infrastructure for development, as well as preventing and mitigating the impact of future outbreaks contractually” (Deloitte).

A picture of the ASCE Logo; the ASCE is expected to play a big role in infrastructure financing in the near future (Image Credits: McKinley Advisors)