Earlier this month, I spent a chaotic eight hours in the Austin-Bergstrom airport when severe weather delayed hundreds of flights, stranding thousands of passengers, including myself. Not exactly how I planned to spend a day off. Yet the long stint in the airport – one that I’ve breezed through countless times – served as a reminder of how easy it can be to take infrastructure for granted.
Infrastructure is the kind of thing we hardly notice until it breaks down, leaving us stuck on a road, in an airport or on an internet connection that wasn’t built to handle so much traffic. In this week’s Markets in a Minute, we look at the global race to expand and upgrade infrastructure and implications for investors.