What changes are observed in the composition of infrastructure requirements as the economy develops?
In any country, as the income rises, the composition of infrastructure requirements changes significantly. For low income countries, basic infrastructure services like irrigation, transport and power are most important. As economies mature and most of their basic consumption demands are met. The share of agriculture in the economy shrink and more service related infrastructure is required. That is why, the share of power hotel and hanking, telecommunication, etc are greater in high income countries.