Infrastructure (Economics)
Rep. Scott Perry, Chairman of the House Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings and Emergency Management, opened a July 23 hearing with a somber tone, referencing the devastating flash floods in Texas earlier this month that resulted in over 130 deaths, including children from a summer camp.
Infrastructure (Economics)
Nigeria's persistent infrastructure gap poses significant risks to the country's growth, productivity, and competitiveness, warned stakeholders in the real estate sector. Failing to leverage Public-Private Partnerships to address these gaps could undermine national development, leading to overreliance on loans, diverting resources from essential sectors, and discouraging
Infrastructure (Economics)
Construction firm Costain has reported a slump in revenues for the six months to June 30, driven by weaker revenues from road projects due to the completion of recent work and delays to HS2. However, the company saw growth from other transport business areas, including Heathrow airport, and increased revenues
Infrastructure (Economics)
HIVE Digital Technologies' subsidiary BUZZ High Performance Computing has entered into a preferred partnership with Bell Canada to provide large-scale sovereign artificial intelligence (AI) infrastructure through Bell AI Fabric. This collaboration will enable clients to access NVIDIA Ampere, Hopper, and Blackwell GPU clusters, integrated with Bell AI Fabric'
Infrastructure (Economics)
The latest inflation figure has risen to 3.8%, its highest since January 2024, despite being lower than the 11.1% peak in October 2022. The key driver of the increase was a 4.9% rise in groceries and a 3.2% uplift in transport, including a record 30.2%
Infrastructure (Economics)
A new black women-led infrastructure investment group, Motseng Ideas Infrastructure Group (MIIG), has been established in South Africa with R1 billion of assets under management, equivalent to approximately $56 million. The group is backed by Motseng Investment Holdings and African Infrastructure Investment Managers (AIIM) through its IDEAS Fund, with 67%
Infrastructure (Economics)
Research by investigators at Chengdu University has shed new light on the effects of transportation infrastructure construction in rural areas of China. The study, funded by the National Natural Science Foundation of China (NSFC) and the Sichuan Science and Technology Program, analyzed data from 160 assisted counties in China and
Infrastructure (Economics)
Commuters on South Western Railway's services into London Waterloo remain frustrated despite the renationalisation of the operator in May, which was hailed as a "milestone moment" by Transport Secretary Heidi Alexander. The new nationalised operator has inherited a host of challenges, including regular delays and cancellations,
Infrastructure (Economics)
The contract award was made for the provision of technical assistance services for project management, advertising, and supervision of works contracts for the "Regional Project for the Development of Water and Wastewater Infrastructure in Bacau County between 2014-2020" (Lot 2 - Technical Assistance for Supervision of Works). The
Infrastructure (Economics)
The Brazilian government has launched a consultation initiative to shape the country's digital future through the National Data Centers Policy. The Ministry of Communications, led by Minister Frederico de Siqueira Filho, is seeking input from society and experts on the policy's infrastructure and connectivity axis. This
Infrastructure (Economics)
Ava Risk Group Limited, a leading provider of fibre sensing technology, has landed a significant contract with Siemens Limited to supply its innovative Aura Ai-X Distributed Acoustic Sensing (DAS) technology to a major Australian transport infrastructure project. The contract, valued at $0.8 million, will enable the monitoring and identification
Infrastructure (Economics)
Wrexham County Borough Council has reviewed its capital programme and allocated £5m for infrastructure maintenance, including roads, footways, highway structures, traffic signals, street lighting, and vehicle restraint systems. This investment aims to tackle the maintenance backlog and improve the condition of the infrastructure. The council acknowledges the financial challenges and
