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Billion-Dollar Blunders: The True Cost of China’s Global Buildout
Episode 297
Double-digit, billion-dollar investments into infrastructure projects going down the drain with them? 😨
In this episode, Mark Oakeson joins us again to dive into the wave of mega infrastructure projects built by China across the globe that are already cracking, leaking, and flat-out shutting down.
These are massive, government-funded projects that were supposed to last 50+ years…but instead, they’re turning into billion-dollar blunders. Why?
Why are they failing so fast? What went wrong during design and construction (and politics)? And most importantly, what can we civil engineers learn from it? Especially now with the U.S. pouring billions into infrastructure upgrades after the 2021 bill? 🤔
🎧 Hit play and let’s break down what happens when quality takes a backseat in civil engineering and what we can learn from it to avoid making the same mistake in the US. 😉
🧠 TUNE IN TO LEARN:
- China’s Global Infrastructure Boom
- 5 Chinese-Built Projects That are Falling Apart…in Less Than 10 Years of Service
- 2 Reasons Why These Projects Are Already Failing
- What the Experts Say Is the Root Cause of These Failures
- Why a Contract-Based Model to Pick the Winner Firm Doesn't Work as Well as Bids
- Is There a Hidden Chinese Agenda Behind Those Projects Across the World?
- Can China Improve Their Construction Approach and Quality?
- Why the Cost of Projects is Not the Only Thing That Matters
- Lessons for U.S. Infrastructure Spending That are Worth Their Weight in Gold!
🔗 RESOURCES MENTIONED:
Neelum–Jhelum Hydropower Plant
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