About 3 percent of global GDP is spent on infrastructure each year. Add population growth, urbanisation and past underinvestment to the mix and that figure doubles over the next 20 years, according to The World Economic Forum.
Case in point: Memphis International and its aerotropolis. Because of upcoming development, The Economist has labeled the Memphis market an area “to watch.”
Click here to read about the MSCAA’s November board meeting, and be on the look-out for next Wednesday’s logistics focus – a year in review of Memphis International – including updates on its master plan.