Is India Flying High With Drone Technology?
Flying over the traditional delivery system made sense in a city known for its jammed roads and bustling residents. How is India placed vis-à-vis global trends?
How Chinese Money Will Transform The Arctic
As the Arctic Circle’s ice melts away, people of the High North feel their top-of-the-world economy heating up. Gold mines, roads and a full spectrum of energy projects dot the horizon—with Russia leading the way and other Arctic countries scrambling to catch up.
Australia’s Top Pension Fund Is Hungry For Infrastructure Investments
Australia’s top-performing pension fund over the past three years wants to invest in more toll roads and airports, betting infrastructure assets will offer among the most reliable returns over coming decades.
Creative Cash Flows In Infrastructure Asset Management
<p>To purists, traditional core infrastructure is confined to regulated utilities, toll roads and other essential services, underpinned by regulated revenue streams. These assets have both a monopoly and ‘pricing power’ in their markets and command high barriers of entry. But their very scarcity means that prices have been soaring as competition intensifies.</p>
Deere Makes Infrastructure Play With $5.2B Purchase Of A German Construction Company
The acquisition is a bet that more dollars will flock toward improving roads and highways.
Do CIOs Need To Worry About Emerging Tech?
Should the state CIO be the resident expert on emerging technology? Or should that expertise rise up organically from agencies throughout the organization? The finance people might have something to gain from exploring blockchain, for example, and the Department of Transportation likely has some ideas on how Internet of Things technologies could support infrastructure assets like roads and bridges.
Ken Griffin Says Chicago's Roads Are 'borderline Third World'
LOS ANGELES – Hedge fund billionaire Ken Griffin said he finds US infrastructure a disgrace. Speaking at the Milken Institute Global Conference held at the Beverly Hilton, Griffin described how he finds driving in Chicago, where his fund, $26 billion Citadel, is based.
America’s Infrastructure Shortfall Could Be An Investor’s Best Friend
This gap has “a cascading impact on our nation’s economy,” as the ASCE puts it. If nothing changes in terms of infrastructure spending, U.S. gross domestic product (GDP) could lose up to $4 trillion by 2025. Business sales could fall $7 trillion, and 5 million American jobs could be lost. Take a look at the cost of congested roads alone. In 2014, the most recent year of available data, an estimated 3.1 billion gallons of fuel were wasted while we sat idly in traffic. Combined with lost time and productivity, this amounted to approximately $160 billion—all because...
A Trigger For Infrastructure Investing
President Donald Trump campaigned on a platform to boost US ­infrastructure investment by up to $1 trillion over 10 years, and reaffirmed this commitment in his inauguration speech, saying "we will build new roads and highways and bridges and airports and tunnels and railways." There's no doubt US infrastructure spending is sorely needed. The American Society of Civil Engineers Report Card for American Infrastructure estimated $3.6 trillion in investment will be needed by 2020 . It gives overall US infrastructure a D-plus, with levees and inland waterways being in the worst shape. The US found just how deficient some levees were when Hurricane Katrina slammed into New Orleans in 2005 and devastated other parts of Louisiana and Mississippi. It ranks as the costliest US natural disaster, with total property damage estimated at $108 billion , according to the National Oceanic Atmospheric Association.
OMERS Keen On Financing Construction Of New Infrastructure
Canadian pension fund manager OMERS would like to invest more in building new infrastructure, its chief financial officer said, making it a candidate to support government programmes in Canada and the United States. Canada has set up an ‘infrastructure bank’ to supplement government investment in projects like new roads and bridges with funding from private investors such as pension and sovereign wealth funds. At the same time, President Donald Trump is planning a US$1 trillion investment programme. Canada’s biggest pension funds are among the world’s biggest infrastructure investors but they have traditionally preferred to invest in ‘brownfield’ assets that have...