When you invest, your capital is at risk.

Share

Country Roads

A smooth ride home is a multi-million dollar infrastructure cost. In America, a 2 lane road costs up to US$5m per mile to build in inner cities. Visiting your parents in another city? 6-lane interstate highways can cost between US$7m to US$11m per mile.

A smooth ride home is a multi-million dollar infrastructure cost. In America, a 2 lane road costs up to US$5m per mile to build in inner cities. Visiting your parents in another city? 6-lane interstate highways can cost between US$7m to US$11m per mile. For reference, there are over 4million miles of road in America. Resurfacing a road costs around US$300k per lane.

Roads are expensive. Even in some of the most disadvantaged countries like Burkina Faso or Ecuador, roads still cost over US$125k to build per mile. In fact, in 2019, 8% of government spending per capita was spent on road projects in Burkina Faso.

Are they economically worth it? If the alternatives are schools or hospitals or unemployment benefits, is a 5 mile, US$25m road astute spending? Yes, and there’s not much choice. The UK government estimated that every £1 spent on roads brings £4 in benefits to the wider economy; a product of reduced congestion, more connected towns, fewer accidents on top of the construction jobs.

One last thing. You probably don’t want to be taken home via West Virginia’s country roads. 27% of the state’s roads are in need of repair, the worst in America.


Want more?

You know what to do

Insights, trends and company deep dives delivered straight to your inbox.


Stake logo
Over 7,000 5-star reviews
App Store logoGoogle Play logo

Subscribe to our free newsletters

By subscribing, you agree to our Privacy Policy.

Stake is the trading name of Hellostake Limited, a company registered in England and Wales (Company no. 11676409). Hellostake Limited is authorised and regulated by the UK Financial Conduct Authority under the Firm Reference Number 830771. Registered address: 85 Great Portland Street, London, W1W 7LT, United Kingdom.

When you invest, your capital is at risk.

The value of your investments can go down as well as up and you may receive back less than your original investment. Any advice is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate independent taxation and legal advice. The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services.

At Stake, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Please view ourTerms & Conditions,Privacy PolicyandDisclaimers before deciding to use or invest on Stake. By using the Stake website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance

Copyright © 2024 Stake. All rights reserved.