New transport systems in Asian cities to curb traffic congestion

Traffic congestion in densely population Asian cities is nothing new. To address this growing menace, emerging Asian economies continue to invest heavily in new transport infrastructure in cities like Jakarta, Manila and Ho Chi Minh City.
By: Spire Research and Consulting
 
GURGAON, India - Sept. 25, 2018 - PRLog -- Traffic congestion in densely population Asian cities is nothing new. To address this growing menace, emerging Asian economies continue to invest heavily in new transport infrastructure in cities like Jakarta, Manila and Ho Chi Minh City.

For instance, Manila suffered annual economic losses of USD18 million due to road congestion.

According to a recent study, Southeast Asian emerging states under the Association of Southeast Asian Nations – excluding Laos, Brunei and Singapore – need an investment of USD147 billion each year in infrastructure through 2020 to maintain growth momentum.

Will new infrastructure and traffic management technology address traffic congestion in emerging Asian economies?

Spire Research and Consulting was established in 2000 to address a gap in the research and consulting industry in global emerging markets. Unlike most agencies that focus on traditional consumer research, our founders saw a profound need for holistic research projects.

These projects integrate traditional customer research with knowledge of the broader business eco-system; for instance, competitors, channels, legal and regulatory factors. They support strategic decision-making for market growth and entry. Our studies provide indispensable tools for creating business plans, setting sales quotas, quantifying budgets and investment as well as making product launch decisions.

Spire exists to undertake such projects with distinction.

https://www.spireresearch.com/newsroom/spirethoughts/new-...

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Tags:Transport, Infrastructure, Development
Industry:Automotive
Location:Gurgaon - Haryana - India
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