Economic development
U.S. Department of Housing and Urban Development (HUD) officials, including Secretary Scott Turner and Great Lakes Regional Administrator Duey Stroebel, have been actively promoting the opportunities presented by Opportunity Zones in Indiana. A recent tour of model projects on the Indianapolis Eastside and Valley House Flats in Brookville highlighted
Economic development
Contract farming has emerged as a crucial tool for Zimbabwe's agricultural sector, aligning farmer productivity with industrial demand and ensuring national food security. The model's benefits for both farmers and industry are evident, with guaranteed markets and stable pricing for farmers, while providing supply security and
Economic development
The African Development Bank has signed a grant agreement with the Ethiopian Capital Market Authority (ECMA) to establish a public disclosure platform and introduce new financial products, including exchange traded funds and green bonds, at the Ethiopian Securities Exchange. The grant is part of the Ethiopia Capital Market Development Support
Economic development
The Asian Development Bank (ADB) has approved a sovereign-guaranteed loan of $400 million equivalent to KazAvtoZhol National Company for the construction of a new road in southern Kazakhstan, aimed at enhancing regional connectivity, improving transport efficiency, and promoting trade flows. The Saryagash Bypass Road project will design and construct a
Economic development
The Government of Borno State, along with the African Development Bank (AfDB) and the International Committee of the Red Cross (ICRC), has convened a partnership roundtable to accelerate access to safe, sustainable, and inclusive water services in Maiduguri. The event comes on the heels of devastating floods in Borno, exacerbated
Economic development
Fuzhou's Jinjiang City is making significant strides in promoting standardization in its industrial parks, with a focus on high-quality development. At a recent meeting, the Municipal Industrial Park Office reported on the progress of standardization construction work and deployed related tasks for the next stage. Key investment park
Economic development
Local leaders in Banqiao Town, Lanzhou's Linze County, recently embarked on a fact-finding mission to observe and learn from other villages' approaches to modern agriculture and rural construction. The team visited several towns and districts, including Pingchuan, Liaoquan, Xinhua, and Ganzhou, to gain insights into low-carbon planting
Economic development
The global heavy construction equipment market was estimated at $218.3 billion in 2024 and is projected to reach $314.4 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.3% from 2024 to 2030. This growth is driven by increasing government investments in infrastructure development,
Economic development
Vietnam and Malaysia have a long-standing traditional friendship, which has resulted in numerous cooperative activities in tourism and culture. The Vietnam Tourism Association and nearly 40 tourism and travel businesses from Malaysia conducted a survey to explore the potential for further cooperation. This effort aims to strengthen ties and boost
Economic development
The state of Georgia achieved a new record for business recruitment and expansions in Fiscal Year 2025, with 423 facility expansions and new locations supported by the Georgia Department of Economic Development (GDEcD). These commitments represent over $26.3 billion in investment and 23,200 new private-sector jobs over the
Economic development
The construction market is experiencing a significant shift towards sustainable practices and the adoption of advanced technologies, driven by the growing demand for housing, commercial spaces, and infrastructure. The market size is valued at USD 13.4 trillion in 2025 and is projected to reach USD 20.6 trillion by
Economic development
Egypt has launched a new mechanism for public-private partnerships (PPPs), in a collaboration between the Ministry of Finance and the European Bank for Reconstruction and Development (EBRD). The partnership aims to provide technical and financial support for implementing PPP projects in various sectors. Speaking at the launch event, Minister of
