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Britain is wasting an opportunity to invest billions of pounds in infrastructure by sticking to rigid national accounting rules that prevent arms-length government bodies from borrowing on their own account, the Common Wealth think tank said.
Australia’s mining stocks are poised to extend their rally, analysts say, as surging copper demand for power infrastructure and artificial intelligence gives investors a new reason to buy the sector.
The Asian Infrastructure Investment Bank (AIIB) plans to double its annual financing to about US$20 billion by 2030 as the Beijing-headquartered multilateral lender enters its second decade, its president said on Monday. Announcing the target at the opening of the bank’s 11th annual meeting in Doha, Qatar, AIIB President Zou Jiayi said member economies had voiced a “remarkably consistent” need for greater project funding. “They need more infrastructure and more financing to build it,” Zou told...
Work likely to begin in October; water will travel from Yeleru to the Mudasarlova reservoir, serve 2.5 lakh people in the first phase and ease the load on the Gosthani
London's Waterloo Bridge faces closure within three years without urgent repairs, deepening concerns over the UK capital's crumbling river crossings. Are London's bridges really falling down? Harry Black explains. (Source: Bloomberg)
Ukraine reports 14 dead and 57 injured after a massive Russian drone barrage hits Kyiv and Odesa on 27 September, damaging schools, hospitals and key infrastructure.
GCC Commissioner G.S. Sameeran inspects development works under way at the canal, including the construction of retaining walls and removal of silt and waste, at an estimated cost of ₹30 crore
In 2015-16, the Railways used 293 crore litres of diesel. By 2030 it will be reduced to zero, the Home Minister said
Minister Uttam Kumar Reddy say strengthening, extension of stilling basins for all three barrages too needed
Ghana's fire service found only five of about 30 hydrants working in Accra's Ministries enclave, where the finance, energy and tax offices sit. Twenty-three were out of action. The post Ghana Finds Only 5 of 30 Fire Hydrants Working in Its Government District appeared first on The Rio Times.
Indonesia is considering Chinese investment to help build a massive 2,772km (1,722 mile) railway network through the vast, resource-rich region of Kalimantan, following the completion of Southeast Asia’s first high-speed line between Jakarta and Bandung, state media and analysts said. However, analysts noted that any future commercial agreements were likely to be negotiated cautiously, given the financial strains that dogged the high-speed line and the challenges that stalled a proposed...
The State has submitted an initial proposal to upgrade the Thiruvabharana Patha and to renovate the MC Road under the PM Gati Shakti scheme
New York Times Kyiv bureau chief Andrew Kramer tells Bloomberg This Weekend that Russia and Ukraine are increasingly targeting each other’s economies as the war shifts toward attacks on energy, transportation and export infrastructure. Speaking with hosts David Gura and Christina Ruffini, Kramer says Ukraine is using its expanding drone arsenal to target Russia’s oil industry and its ability to finance a prolonged war. (Source: Bloomberg)
Pemmasani says the overbridge will ease traffic congestion at a busy crossing used by 20,000 vehicles and crossed by 78 trains daily
World Bank Ecuador program: up to US$800 million over ten years for municipal and provincial projects in energy, transport and housing. What it funds. The post World Bank Ecuador Program: Up to US$800 Million for Local Infrastructure appeared first on The Rio Times.
Over the past 12 years, the gap between cities and villages in India has significantly narrowed. Today, infrastructure in villages has improved significantly, says Prime Minister Modi
According to a government order, the new offices and posts will be established for a period of one year from the date of the order
A state court has halted work on part of the Brazil Discovery Coast bridge route at Porto Seguro, the Bahia shore where Cabral is said to have landed. The post Brazil Discovery Coast Bridge Works Halted by Court Near Porto Seguro appeared first on The Rio Times.
The Adani Group's proposes to invest in power distribution in Kolkata, which has so far remained the monopoly of R.P. Sanjiv Goenka Group, through its flagship company CESC
Botswana's President Boko told the UN General Assembly that debt service is crowding out education and healthcare in developing countries and demanded fairer access to concessional finance. The post Botswana Debt Climbs as President Boko Takes His Case to the UN appeared first on The Rio Times.
Many villagers have been opposing the bid to prepare the pre-feasibility report for the proposed Siang Upper Multipurpose Project, which will generate an estimated 11,000 MW of electricity
The Pink Line, also known as the Kalena Agrahara–Nagawara corridor, spans 21.3 km, comprising around 7.5 km of elevated track and 13.8 km underground.
Hong Kong Financial Secretary Paul Chan says the city is working to build its infrastructure for yuan product offerings as international usage of the currency is expected to grow. He speaks on "Bloomberg: The China Show." (Source: Bloomberg)
Works in 26 districts, to be executed for the first time under the hybrid annuity model, cover 2,165 km of roads, 502 parks and 300 km of sewerage lines; two more trains now halt at Kuppam
The three-decade-old scheme at Nagulapalli, which had stopped reaching tail-end villages, has been modernised to supply safe water to 97,000 people in Kakinada district