Podcasts · Patrick Boyle On Finance
The Mirage of Megaprojects: Why the West Keeps Getting Infrastructure Wrong
· 19 min · S5 E29
Episode The Mirage of Megaprojects: Why the West Keeps Getting Infrastructure Wrong
Britain once built world-class infrastructure with speed and purpose—now it plans ideas like a £24 billion extension cords to Morocco that are unlikely to ever work. This video dives into the rise and fall of the Xlinks Morocco–UK Power Project, exploring how overcomplication, bespoke design, and regulatory gridlock have turned modern megaprojects into cautionary tales. From fish discos at Hinkley Point C to 31,000-page environmental assessments, we ask: have we forgotten how to build? And what can we learn from countries like Ireland in the 1920s—or South Korea today—about getting big things done?
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Transcript
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