Outside the real estate sector, the words ‘infrastructure’ and ‘construction’ are often used interchangeably. However, if you wish to understand the business better, it is necessary to understand the difference between these two. In the most basic sense, infrastructure means all the physical and digital systems that are needed to run a country or region’s economy. Construction on the other hand refers to the process of building and maintaining these infrastructural projects. https://realestateandepc.wordpress.com/2023/08/17/infrastructure-vs-construction-understanding-the-key-differences/

1. Infrastructure vs. Construction:
Understanding the Key Differences
Everything You Need to Know About Construction and Infrastructure.
Outside the real estate sector, the words ‘infrastructure’ and
‘construction’ are often used interchangeably. However, if you wish to
understand the business better, it is necessary to understand the
difference between these two.
In the most basic sense, infrastructure means all the physical and
digital systems that are needed to run a country or region’s economy.

2. Construction on the other hand refers to the process of building and
maintaining these infrastructural projects.
What is Infrastructure?
Infrastructure is the foundation of any city, town or community. It
includes roads, bridges, schools, hospitals, airports,
telecommunication systems, water systems, and other such systems
which are required to sustain the social and economic life in the
region.
Broadly speaking, infrastructure can be broken down into three
categories – construction, maintenance and upgrades. Construction
involves building new physical assets. Maintenance keeps the existing
infrastructure in good, working condition. Upgrades mean gradual
improvements made to the existing infrastructure to make it more
up-to-date.
What is Construction?
Construction is the physical process of building and maintaining the
infrastructure. It includes planning, designing, repairing, renovating,
and maintaining infrastructure projects. It usually involves large
upfront investments and requires a larger workforce.

3. Construction is the implementation of planned infrastructural
developments. It is a consequence of infrastructural planning. Thus, it
is a more physically laborious process. It involves planning,
acquisition of raw materials, construction, operation and maintenance.
What is the importance of Infrastructure?
Infrastructure investments can significantly impact the quality of life
and economy of a country or region. Planned infrastructural
developments help improve the lives of ordinary citizens, create jobs,
improve public security, and spur economic growth.
Well-planned infrastructure projects could reduce costs and improve
the efficiency of businesses and provide people with a smooth and
secure life. It helps improve the overall productivity and output of a
region or country.
From a business perspective, infrastructure is a growing industry at
the moment. According to Mordor Intelligence, the global
infrastructure sector is estimated to be worth $2.57 trillion in 2023
and is expected to reach $3.48 trillion by 2028. This would mean that
the industry has a forecasted growth rate of 6.27%.

4. Shapoorji Pallonji Infrastructure Capital Company Pvt. Ltd. (SP Infra)
has been part of the Indian infrastructure scene for more than two
decades. The business was established in 1997 as part of the
Shapoorji Pallonji Group to develop sustainable infrastructure assets
that deliver value to local communities. Since then, SP Infra has made
significant contributions to the infrastructural development of
communities inside and outside India. With services in power,
transportation, natural resources and ports and terminals, SP Infra is
an industry leader in the infrastructural development sector in India.
SP Infra’s work is complemented by the work done by Shapoorji
Pallonji Engineering & Construction (SP E&C). SP E&C is India’s first
ISO 9000-2001 certified construction company. It was also the first
Indian company to execute a project overseas (in 1975). Some of SP
E&Cs’ most notable projects include The Imperial, India’s tallest
residential twin towers and The Aquatic Gallery in Ahmedabad, India’s
largest public aquarium. SP E&C was ranked 54th in the top 250
International Contractors by ENR in 2021.
To find out more about the projects undertaken by SP Infra and SP
E&C visit https://www.shapoorjipallonji.com/

5. Originally Published at -
https://realestateandepc.wordpress.com/2023/08/17/infrastructure
-vs-construction-understanding-the-key-differences/