About Premier Gold Projects
It is important to understand that projects only receive approval for funding if it complies with the standards as set out by Premier Gold Group. It is very important that projects comply with upliftment of communities and countries, creation of job opportunities and the stimulation of economies.
Infrastructures in countries are the very heart of economies and social development which provide the foundation of economic activity. This contributes importantly to the raising of living standards and the quality of life. Infrastructure covers land transport, water, telecommunication and electricity and these are key elements to stimulate and develop economies. Infrastructure is no doubt a major contributor to the growth in GDP of any country.
Infrastructure development is no doubt a very costly exercise and these types of infrastructure investments take time to show returns to investors. Undeveloped countries merely do not have the funding or resources to commit to this level of investment in their own economies especially if these economies are struggling economies. It is for this very reason that participation with other key contributors is of vital importance.
Most of developing countries have well established infrastructures and focuses more on projects that create job opportunities which stimulate their economies. Infrastructure development in developed countries focuses more on the expanding or enlarging of existing infrastructures. This is where Premier Gold Projects supply the project funding and skills in conjunction with the relevant subsidiary to supply long term management contracts to assist these countries to have access to world resources in developed market industries.
The challenge that exists in undeveloped countries is to ensure the government supports and endorses the project developments. Most of the undeveloped countries would like the support, but the instability in these countries make the success of the magnitude of these infrastructures' development projects extremely difficult to accomplish. It is therefore important that these governments are involved and Premier Gold support the involvement of these governments within these countries and economies.
Technology plays an important role in the future development of infrastructure and it is very important that the latest technology available is used to ensure that undeveloped countries benefit from modern time technology.
Land transport is divided in two sections, namely road and rail transport. The reported estimated figure to spend on infrastructure in road construction till 2030 amounts to $290 Billion Dollars per annum. This will largely compound to the need to maintain, upgrade and replace existing road assets which deteriorate over time. However the projected figures for the significant upgrade on rail infrastructure amounts to $60 Billion Dollars till 2030. These projected figures reflects the infrastructure upgrades in the world market and it indicates the vast need to ensure infrastructure secures the future growth in economies and GDP of countries.
Water supplies and treatment clearly indicates a higher requirement than previous studies. The infrastructures development in water appears to be of greater concern to the developed countries and the 5 biggest economies indicated a spending of $770 Billion Dollars till 2015 and over a Trillion Dollars by 2025. The water supply in undeveloped countries is of greater concern as the resources are limited and funding seems to be difficult to raise, to accommodate the spending.
The expected Telecommunication spending in infrastructure worldwide seems to be higher until 2015, and amounts to $646 Billion Dollars, thereafter it is to decrease, and by 2020 spending will be $ 572 Billion Dollars, and by 2025 $171 Billion Dollars.
Large amounts of investment will be needed in the future to meet the increasing demand in both quantity and quality of electrical service infrastructures. The challenges to continually find newer and cheaper technology are of utmost importance. The increase in replacing and maintaining existing infrastructure becomes extremely costly and the total worldwide electricity investment needs increase to $350 Billion Dollars by 2030.
A rough calculation suggests that for the period of 2015 to 2030 infrastructure requirements in the above sectors will amount to $53 Trillion Dollars. Adding the generation of electricity would lift the figures to $65 Trillion Dollars and other related energy infrastructure investment increase the amount to above $71 Trillion Dollars. Clearly the figures will rise further if other related infrastructures are included such as ports, airports and storage facilities.
The OECD member countries are Australia, Austria, Belgium, Canada, the Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Japan, Korea, Luxemburg, Mexico, the Netherlands, New Zeeland, Norway, Portland, Portugal, the Slovak Republic, Spain, Sweden, Switzerland, Turkey, the United Kingdom, and United States, The Commission of the European Communities takes part in the work or the OECD.
Infrastructure to 2030 in Telecom, Land Transport, Water and Electricity are the foundation of modern economies and societies. Energy, Transport, Water and Telecommunications will all continue to be very essential to the development of the future and growth of economies. Infrastructure over the coming decades will require massive investment and will run into trillions of dollars. What is very important is that these infrastructure developments will add in developing the world. The question upon the lips of everyone is, 'How will this be funded?'