Infrastructure
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U.S. Senate to Miss Year-End Deadline on $1.75 Trillion Biden Bill
WASHINGTON (Reuters) - The U.S. Senate steered toward an end-of-year recess on Friday as Democrats were unable to pass President Joe Biden's $1.75 trillion domestic investment program and major election reforms by a self-imposed Christmas deadline. The deadlock over these two high-profile bills put in jeopardy the continuation of an...[READ MORE]
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Highway construction pace slowest in 4 years
Given a slowing of highway construction pace in recent months, the government has lowered the target for the year to 33 km/day from 40 km/day set earlier. This would mean that much less roads will be built in 2021-22, compared with 2020-21, the original pandemic year. “Targets for the construction of national highways are finalised on a year-on-year basis. The...[READ MORE]
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New real estate projects has risen by 17%, TN ready for overhaul of housing sector laws: CM Stalin
New real estate projects have seen an increase of 17 per cent in Tamil Nadu and administrative reforms are being pursued, Chief Minister M K Stalin said, asserting that the government is prepared for an overhaul of housing sector related old laws to simplify them in accordance with the present day needs. Efforts are on to see that Tamil Nadu became a...[READ MORE]
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Former U.S. Transportation Secretary Discusses Benefits, Drawbacks of Infrastructure Bill
Elaine Chao discusses benefits of the bill and says it will help move projects forward faster, make the United States more competitive globally and also help combat rising costs but misses the mark on some initiatives when President Joe Biden announced his plan to rebuild our nation's crumbling infrastructure in February, he said that China will “eat our...[READ MORE]
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Tamil Nadu CM MK Stalin announces Rs 1,242 crore worth of infrastructural projects
Tamil Nadu Chief Minister M K Stalin on Saturday announced Rs 1,242 crore worth of infrastructure schemes for Salem district, including underground drainage system, amenities for additional drinking water supply, a flyover and a textile park. Inaugurating several completed projects, distributing welfare assistance to beneficiaries and laying foundation...[READ MORE]
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Plans in for 2m sq ft Ilkeston warehouse park
Developer Verdant Regeneration has submitted plans to redevelop the former Stanton Ironworks near Ilkeston in Derbyshire into a vast industrial and warehouse park. The firm plans to transform the 200-acre site located near J25 of the M1 between Nottingham and Ilkeston, building 2m sq ft of new build warehouse and industrial space, with...[READ MORE]
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Wall Street economists are confident Biden’s Build Back Better bill will become law – and boost infrastructure firms
KEY POINTS Several Wall Street economists think Biden’s Build Back Better bill, which includes hundreds of billions of dollars in funds to fight climate change, will be a big deal for infrastructure companies. “Nothing in DC is 100% sure,...[READ MORE]
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Wittpenn Bridge project in New Jersey advances with modern deck technique
The Wittpenn Bridge, a vertical-lift span that extends New Jersey Route 7 over the Hackensack River and connects Kearny and Jersey City, has reached another milestone in its steps to completion since construction began in 2011. The bridge passed...[READ MORE]
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Latest on HIF plans for £170m Hoo peninsula development plans see flyover dropped
Plans for a controversial 'flyover' have been ditched. Medway Council has decided to drop the proposals for an overbridge which would have made a new access point onto the Hoo Peninsula as part of a multi-million pound infrastructure improvement...[READ MORE]
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Delhi-Mumbai Industrial Corridor: Four industrial smart cities being developed, says Commerce Ministry
Industrial Smart cities: Under the Delhi-Mumbai Industrial Corridor (DMIC), four greenfield industrial smart cities or nodes are being developed in the states of Maharashtra, Gujarat, Madhya Pradesh, and Uttar Pradesh, and major trunk infrastructure works have already been completed there, the commerce and industry ministry announced on Friday. In these cities, as many as...[READ MORE]
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