FIDIC Future Leaders... leading the way

Page 18

In the next five years, the engineering industry and the investments made for urban development and infrastructure will need to play a major role in recovering from the pandemic. It is evident from the history that engineering benefited public health even more than the medicine by providing the infrastructure necessary for a healthier lifestyle. Therefore, the engineering industry should focus not only on the high profile and high-risk complex projects aiming for the long-term value but also on the short-term and mid-term needs of the society. There is a substantive impact from megaprojects that led generally to them to being recognised as a powerful tool for urban development. Questions do, however, remain. For example, the uncertainty about are such projects a rational use of resources, the time to implement and the achievement of their goals, suggests that they are not a panacea and they we should not rely solely on them to resolve the complex problems of modern cities. It is important to understand their supporting role and to understand their advantages and disadvantages and how they can be used as tools to achieve optimal results for all stakeholders.

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