5/28/2016 Global Construction & Infrastructure News – Review Today’s 6 Articles
Across Africa – The African Development Bank has reaffirmed its commitment to mobilize resources to help African countries adopt and mitigate climate change. This commitment underpins its 2013-2022 Strategy promoting inclusive and green growth in Africa. The Bank has also committed to triple its climate change finance to about US $5 billion per year and to provide US $12 billion on renewable energy investments by 2020. – AfDB: Read Details
Asia – Shorkot to Khanewal, Pakistan – The Asian Development Bank (ADB) and Asian Infrastructure Investment Bank (AIIB) and the Pakistan government have launched formal talks on co-financing the last section of the M4 (the Motorway) between Shorkot and Khanewal in Punjab at an estimated cost of $273 million – Tribune.pk: Read Details
Latin America – Argentina, Mexico, Guatemala, Dominican Republic & Paraguay – The Land, Transportation and Infrastructure Ministry is seeking measures to export Korean style new town development to five Latin American countries. Minister Kang Ho-in held a consultative meeting on cooperation in the housing and urban development fields with ranking officials from five Central and South American countries. According to the ministry, the Latin American construction market has posted an annual average growth of 16.5 percent over the past five years, drawing attention as a major emerging market – The DONG-A ILBO: Read More about the Meeting
USA – Abilene, TX – Thursday, Abilene City Council issued a permit to drill oil and gas for the first time since January of 2015. The permit went to Schkade Brothers of Abilene. The company will be drilling at the intersection of Vogel and Bridge Avenues – Fox One: Read More
USA – Across Missouri – Answering Governor’s call, General Assembly provides $500,000 for planning additional facility to meet critical need for high-quality care for Missouri’s 494,000 veterans. In addition, the General Assembly followed the Governor’s recommendation to provide $6.3 million for the construction of Columbarium walls at the state veterans’ cemeteries at Higginsville and Springfield. Columbarium walls are designed to hold individuals’ cremated remains – The Rolla Daily News: Read Details
USA – Calcasieu Parish, LA – Calcasieu Parish is set to receive a federal grant of nearly $1.45 million to design and build a safe room that 180 emergency responders and personnel can use to ride out a major hurricane or tornado. The building won’t look any different from others at the training center, but it will be able to withstand a Category 5 hurricane. Gremillion said it will be a “shelter of last resort” and won’t have the functionality of a regular shelter – American Press: Read More
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