When it comes to infrastructure projects, there is no shortage of activity, regardless of the locality. Around the world, there is a constant stream of projects in the fields of Transport, Power and Energy, Health, and Communications Infrastructure that can be safely projected to continue for years to come. There is a great amount of debate surrounding fiscal restraint in these times, particularly one often filled with considerable economic challenges. The American Society of Engineers, for instance, has long held that the infrastructure projects of the future are seeing far too little in terms of funding. When it comes to emerging nations, however, spending seems to be available at a considerably high level.
The Panama Canal, for example, was recently upgraded to accommodate the growing merchant shipping fleet of the entire world. This project came in at a total of over $5 billion, and helped to enhance the capability to cater to giant container vessels that are being utilized by the largest shipping companies in the world. The benefits of such a project are clear, as it creates economic opportunities.
The City of Beijing is furiously working on launching a new airport that is designed to cater to 130 million passengers each and every year. This is an indicator of the economy in China, as well as the expansion of air travel that the country has experienced and their recent economic prosperity. Note that this is the long view of China’s economic picture, and does not reflect any temporary corrections in economic conditions. Even the city of London, England has had a major infrastructure project in their midst. In 2009, they began a decade-long project to launch the London Crossrail, and underground commute tunnel connecting London to various towns and suburbs.
Fabio Mendez is a figure in the world of international infrastructure projects. His specialty is in development within South American countries.
The Panama Canal, for example, was recently upgraded to accommodate the growing merchant shipping fleet of the entire world. This project came in at a total of over $5 billion, and helped to enhance the capability to cater to giant container vessels that are being utilized by the largest shipping companies in the world. The benefits of such a project are clear, as it creates economic opportunities.
The City of Beijing is furiously working on launching a new airport that is designed to cater to 130 million passengers each and every year. This is an indicator of the economy in China, as well as the expansion of air travel that the country has experienced and their recent economic prosperity. Note that this is the long view of China’s economic picture, and does not reflect any temporary corrections in economic conditions. Even the city of London, England has had a major infrastructure project in their midst. In 2009, they began a decade-long project to launch the London Crossrail, and underground commute tunnel connecting London to various towns and suburbs.
Fabio Mendez is a figure in the world of international infrastructure projects. His specialty is in development within South American countries.