Industrial Projects and Infrastructure Development Analysis
Classified in Economy
Written at on 
English with a size of 4.13 KB.
Infrastructure Projects
These are numerous projects administered by the Ministry of Public Works and the Ministry of Transport and Communications. This list includes ports, airports, highways, and intercity and urban projects. Fortunately, resources are available from past surpluses from copper exports. The aforementioned ministries are activating an interesting infrastructure construction program expected to reduce the impact of unemployment. The execution of these works is described as anti-cyclical measures (against the cycle of crisis).
Concerning the Santiago transport system, despite the high cost for the country, the long-term operation of a potentially efficient, favorable, and useful scheme for the country is evident.
Development of Industrial Projects
(I) Definition of Industry
A company for the production of tangible goods.
Comment: We view the industry as a subset of companies and consider businesses as a subset of organizations.
(II) Definition of System
A broad term used in science, technology, and especially in engineering. A set of interrelated and mutually conditioned elements brought into operation produces a predetermined result or outcome. The concept of a system is linked to the concept of operation and interaction.
Comment: A system is said to have considerable synergy. Synergy is the feature of a related system that assigns value to the whole and the sum of the values of each of its parts. Due to synergy, the total system value is more than the sum of its parts.
(III) Definition of Organization
A system consisting of human and material resources that performs functions over time through activities to meet a predetermined objective. As in the above definition, an organization formed by human resources means an organization that involves people.
(IV) Definition of Company
An organization designed to produce tangible or intangible goods and/or provide certain services to have a positive economic impact for the benefit of persons acting in the company (as owners or officials) and indirectly to obtain a benefit for humankind.
Order of generalizations: organization, company, industry.
This signifies that there are companies that are not industries and there are companies that are organizations.
Example: A bank is a business and not an industry. AFP, clinic, and church are organizations but not industries.
General comment: Both firms and industries can be considered basic units of the economic system. The industry defined above corresponds to a functional definition of industry.
In our subject, we refer to the physical definition itself. We will then relate this physical definition to the following qualifiers.
Physical Definition of Industry
(I) Types of Physical Constituents of Industry:
- Real Estate: Those that are not portable in accounting language.
- Land
- Building and civil works
- Movable property and physical systems (pipes, conveyors)
- Machinery, equipment, and facilities
- Instrumentation and controls
- Industrial Materials
- Furniture and Office fixtures
Comment: The first three items above make up physical systems through which different types of bodily fluids, materials, or electrical power are transported or flow internally. For example, they are physical systems like pipe networks through which fluids, vapors, or gases circulate. They are also physical systems like sets of equipment that transport different types of solid material (e.g., mineral products, agricultural products, mechanical elements of various kinds). Physical systems are also electrical circuits for electric power for lighting and electrical controls. We must remember that all these physical systems involve the concept of synergy.
Physical systems are all existing entities as defined and interrelated. These groups work in different ways, acting as a system when a task goes through a procedure.