One of the biggest problems with new infrastructure in developing countries is that no one takes account of the maintenance and refurbishment of it in the long term. Whilst the accountants include a depreciation charge in the accounts, insufficient resources are there to keep things running.
Published by Peter Styles, Independent - Consultant (retired)
One of the biggest problems with new infrastructure in developing countries is that no one takes account of the maintenance and refurbishment of it in the long term. Whilst the accountants include a depreciation charge in the accounts, insufficient resources are there to keep things running.