To be honest this also plagues Europe - all the way from Romania (https://www.romania-insider.com/romanian-entrepreneur-one-me...) over Italy (https://www.theguardian.com/world/2018/aug/17/italys-crumbli...) to Germany (https://www.dw.com/en/germany-tries-to-close-infrastructure-...).
The root cause here is that "thanks" to decades of neoliberalism and privatizations tax revenue and thus the financial base for investments has eroded.