After a decade of underspending, standing still is not an option.

Source: https://www.heraldscotland.com/opinion/columnists/23867365.case-new-capex-cycle/?ref=rss

Based on data, while underspending of the 70 percent mitigation/prevention funds lessened from 41 percent in 2017 to 30 percent in 2021, underspending of QRF dropped from 25 percent to 10 percent over the same period.

Source: https://newsinfo.inquirer.net/1858008/ounce-of-prevention-better-than-pound-of-cure-in-times-of-disaster-oxfam-tells-lgus

Based on data, while underspending of the 70 percent mitigation/prevention funds lessened from 41 percent in 2017 to 30 percent in 2021, underspending of QRF dropped from 25 percent to 10 percent over the same period.

Source: https://newsinfo.inquirer.net/1858008/ounce-of-prevention-better-than-pound-of-cure-in-times-of-disaster-oxfam-tells-lgus

He says ARIA’s analysis shows that the underspending of maintenance in track infrastructure alone in the last decade is R27 billion.

Source: https://www.citizen.co.za/business/moodys-transnet-rating-financial-trouble/

Increased infrastructure spending: Persistent underspending across many Western nations is contributing to the need for increased spending, coinciding the with development of emerging nations.

Source: https://seekingalpha.com/article/4659813-mistras-group-trading-cheaply-with-scope-for-upside?source=feed_all_articles