This, in turn, will reduce the need for phone lines, office buildings and so on. The West is in dire need of infrastructure itself. Its infrastructure is either old and crumbling - or overloaded and crumbling. Roads in large parts of the USA are in poorer condition than roads in many countries in Africa. Certain places in Israel could receive television signals only in the last few years, as infrastructure reached them.
Infrastructure is a universal problem.
The terms and conditions of this kind of financing are very lenient. Those are really grants more than credits. The implementation of these infrastructural projects is awarded to contractors through international tenders, wherein bids are submitted from the world over. Rarely, a local firm outbids its better financed, better equipped and better motivated first world rivals. Local firms usually have the lower hand.