section_path: Elements/Infrastructure
section_name: Infrastructure
paragraph_text: Infrastructure
  
  Infrastructure is the fixed installations that allow a vehicle to operate. It consists of a roadway, a terminal, and facilities for parking and maintenance. For rail, pipeline, road, and cable transport, the entire way the vehicle travels must be constructed. Air and watercraft are able to avoid this, since the airway and seaway do not need to be constructed. However, they require fixed infrastructure at terminals.
  
  Terminals such as airports, ports, and stations, are locations where passengers and freight can be transferred from one vehicle or mode to another. For passenger transport, terminals are integrating different modes to allow riders, who are interchanging between modes, to take advantage of each mode's benefits. For instance, airport rail links connect airports to the city centres and suburbs. The terminals for automobiles are parking lots, while buses and coaches can operate from simple stops. For freight, terminals act as transshipment points, though some cargo is transported directly from the point of production to the point of use.
  
  The financing of infrastructure can either be public or private. Transport is often a natural monopoly and a necessity for the public; roads, and in some countries railways and airports, are funded through taxation. New infrastructure projects can have high costs and are often financed through debt. Many infrastructure owners, therefore, impose usage fees, such as landing fees at airports or toll plazas on roads. Independent of this, authorities may impose taxes on the purchase or use of vehicles. Because of poor forecasting and overestimation of passenger numbers by planners, there is frequently a benefits shortfall for transport infrastructure projects.