Chapter 1
Chapter 1
Transportation Engineering
1.1 Scope expectations and competencies in Highway and Railroad
Engineering
1.2 Role of Transportation Infrastructure System in National
Development
1.3 Difference of Transportation as Public Infrastructure and as Private
Enterprise
1.1 Scope, Expectations, and Competencies in
Highway and Railroad Engineering
1. Economic Growth:
Trade and Commerce: Efficient transportation networks enable the
movement of goods and services, facilitating trade both domestically and
internationally. This boosts economic activities and stimulates economic
growth.
Investment Attraction: Countries with well-developed transportation
infrastructure are more likely to attract foreign investment due to the ease
of moving goods, resources, and people.
2. Regional Integration:
Goals: The primary goals of the private enterprise model are profitability,
efficiency, and meeting the demands of paying customers. Profit generation
often drives decisions related to service quality, pricing, and route selection.
Accountability: Private entities are accountable to shareholders
and investors. Decisions related to infrastructure investment and
operational strategies are driven by market dynamics and financial
considerations.