THE ROLE OF INFRASTRUCTURE DEVELOPMENT IN BUSINESS GROWTH
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ABSTRACT: THE ROLE OF INFRASTRUCTURE DEVELOPMENT IN BUSINESS GROWTH
The study’s objectives are to: 1) assess the impact of infrastructure development on business operations; 2) evaluate the effects on market accessibility; and 3) analyze the long-term benefits of improved infrastructure. A survey research design is suitable for collecting comprehensive data. Using Taro Yamane’s formula, a sample size of 350 participants, including business owners and infrastructure experts, is determined. Lagos, known for its ongoing infrastructure projects, is selected as the location. The survey instruments achieve a reliability coefficient score of 0.88. Findings show that infrastructure development significantly enhances business operations, improves market accessibility, and provides long-term benefits such as reduced operational costs and increased productivity. The study recommends that policymakers prioritize infrastructure investments to foster business growth and economic development.
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