When it comes to infrastructure, states are putting off today what they can do tomorrow. That’s according to an AP review of repairs on each state’s 20 most-traveled bridges with structural deficiencies. The study found that just 12% of those structurally deficient bridges (which are not in imminent danger of collapse) have actually been fixed. [...]
Investors around the world are turning to infrastructure to add stability and security to their portfolios. Infrastructure is considered by most investors to be long-term, inflation proof, and run contrary to business cycles. So, despite offering lower growth than traditional private equity deals, infrastructure assets are attractive due to their stable cash flow. Right now, [...]
Presidential contenders, Barack Obama and John McCain have announced plans to stimulate the economy by creating jobs. Among the most pressing issues in which the federal government is being urged to intervene: infrastructure.
Democratic hopeful, Barack Obama, has promised up to two million new jobs annually through national infrastructure investment. On his web site, Obama says [...]
As prices at the pump continue to soar, funding for U.S. infrastructure is falling. That’s according to the latest report from the U.S. Department of Transportation. A separate report by the American Association of State Highway and Transportation Officials (AASHTO) also finds that at least $140 billion is needed to make major repairs or upgrades [...]
Pennsylvania Governor Ed Rendell says infrastructure renewal would boost U.S. global competitiveness and stimulate the slowing economy battered by tighter credit and soaring oil prices. Rendell says public-private partnerships (P3’s) and imposing tolls on roads are essential to getting the job done. While governments around the world, particularly in Europe and Latin America, have shifted [...]
Investment in America’s infrastructure is a hot topic in Washington. U.S. presidential contenders, Republican John McCain and Democrat Barack Obama, have spent the past week articulating policy goals for shoring up and modernizing the nation’s infrastructure, according to Reuters. The country’s infrastructure is also a topic of growing interest on Wall Street as politicians and [...]
The need to repair the nation’s crumbling infrastructure increases with each passing day. Cash-strapped state and local governments are desperate for new sources of funding since the old ways of financing and constructing public facilities through bonds and taxes is no longer equal to the task. That’s because the infrastructure gap is huge… and growing. [...]
Cash-strapped federal and state governments are increasingly looking to private capital to supplement public funding for desperately needed infrastructure projects. The Organization for Economic Co-Operation and Development (OECD) says the world economy is expected to grow on average at close to 3% per year to 2030. The group warns that the fast pace of global [...]
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