Transport Infrastructure Development Performance

Transport infrastructure is an integral part of the transport system of any city or state. In connection with the development of society and intensification of international relations due to the globalization processes, the importance of transport as a factor for economic and social development has enhanced. Various aspects of the activities related to the development of transport infrastructure have increasingly become the objects of scientific researches. Transportation as an economic factor is a measure of economic activity and at the same time transportation is a reflection of economic activity. So, the questions about transport infrastructure performance measurement and relationship between transport infrastructure and economic growth are the subjects for discussions in both academic and non-academic circles.This paper highlights the role of the transportation industry in economic development of Latvia, describes the concept of transport infrastructure as an important part of the state transport system, and estimates the employed international approaches to the measurement of performance of transport infrastructure development. The article focuses on the necessity for the development of the methodology of measuring the transport infrastructure performance, that should be applied systematically and that would be generally helpful to all responsible people making transportation-related decisions.