Transportation is, and has always been, a key element for economic growth
Compared to developed countries, Emerging countries tend to have weak public transportation systems. Public transportation systems could remedy many of the problems faced by major cities in developing countries. But is there a one-size-fits-all solution to implementing them? There are still quite a few major cities in the World that do not have what could be called a decent transportation system. However emerging countries are also the ones that have the most ambitious projects for the future. When you look at cities like New York City you see a rather effective but old transportation system. While when you look at Hanoi, the capital of Vietnam and the second largest city of the country, the current transportation system is indeed insufficient but with all the projects that start to materialize, it will not take long for the Hanoi transportation system to become more modern and even maybe more effective than the New York City’s one. This also means that there are investments to be made. Interestingly enough, investing in emerging countries can bring two types of satisfaction to the foreign investor. Indeed, investing in a country like Vietnam is helping the country to develop and its people to get out of misery while at the same time it is a way to profit from this growth. In other words, a country such as Vietnam needs foreign investors to grow while these investors will be rewarded with huge gains through their investments if Vietnam manage to develop as it is widely expected to.