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IGAD Regional Infrastructure Master Plan Volume 2
The importance of IGAD trans-border infrastructure The time is right for significant investment in growth-inducing trans-border infrastructure investment to boost development, and secure peace and security across the IAGD region. Some IGAD members are emerging from war and conflict. Their economies, though fragile, seem to be poised to grow. Other members have, from a relatively low base, experienced remarkable growth (Ethiopia, for example, was recently the fastest growing economy in Africa for a number of years). All IGAD members need ‘a trans-border infrastructure boost’ to accelerate growth, and, importantly, enable and promote structural change and transformation.
Transformation is associated with economic diversification and an increase in the sophistication of production, which is involves moving up value chains in regional, continental and global production networks. This movement is predicated on trade, and the flow of people, goods, services and ideas across borders. Trans-border infrastructure in needed for growth and prosperity – and growth and prosperity strengthen peace and security – which further encourages economic growth and transformation.
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