Balpara’s Post

🚅 The plot thickens ✅ 🏗️ The Ministry of Transport will complete the North-South high speed railway project's pre-feasibility study report and strive to start construction of two priority sections before 2030. 🗃️ The project's pre-feasibility study report will be submitted to the National Assembly (NA) for approval, said the MoT’s leaders. ↕️ The North-South high speed railway has a double track scale, a gauge of 1,435 mm and length of about 1,545 km, according to the National Master Plan for 2021-2030, with a vision to 2050, and the Railway Network Plan. 📜 The Politburo in February issued a conclusion on Vietnam’s railway development orientation, which required concerned agencies to research, analyze and evaluate international experience to choose a modern construction investment plan. 🛞 Implementing the Politburo’s conclusion, Prime Minister Pham Minh Chinh founded a steering committee to carry out the North-South high speed railway project. 💡 The MoT, after collecting opinions from ministries and organizations, completed a plan for the project. 🚀 At a meeting on the project at the beginning of this month, Deputy PM Tran Hong Ha said that the project had great importance, contributing to the nation’s socio-economic development, industrialization and modernization. Therefore, he said, the project needed interdisciplinary consensus, contribution and participation. 📄 The Deputy PM directed the MoT to base on socio-economic development requirements and international experience to research, select and propose a suitable plan. https://lnkd.in/gKrEcxtD

Did you know? Employment in the aggregate industry has surged by 26% over the last decade, reflecting its crucial role in infrastructure and construction projects. This growth underscores the industry's resilience and contribution to economic development. 📈 #okaa #aggregateindustry #aggregatejobs #economyboost #economicgrowth

What do you think will be the biggest investment theme for the next 5 to 10 years? According to our Partner Richard Bernstein Advisors, rebuilding US production will be key. This translates into more investment in: 1. Energy infrastructure 2. Utility infrastructure 3. Transportation 4. Manufacturing-related Real Estate 5. Steel & Ship building RBA believes that the potential returns from these investments over the next decade are currently underappreciated by investors – who are too focused on “sexy, technology-laden themes”. The graph below is just one example that shows where the US has underinvested in transportation and may need to boost its investment in the future. The Financial Times recently pointed out that infrastructure, once unloved by investors, has suddenly become popular. Assets under management worldwide have reached around $1 trillion, more than 6 times their level in 2008 (data from Prequin). Learn more about why RBA is convinced of this theme here: https://lnkd.in/eJgRpZif Note: Data in chart is from 2021 or the most recent year available. Inland infrastructure includes roads, rail, inland waterways, maritime ports, and airports. All Sources of financing are accounted for.

"While challenges such as funding constraints and skills shortages persist, the roads and bridges sector is poised for growth through strategic investments and technological advancements." We are excited to share an insightful article discussing the promising future of roads and bridges, driven by strategic investments and technological advancements. As we look ahead, the construction industry is poised for unprecedented growth, paving the way for innovative infrastructure that will transform our communities. 🔗 https://lnkd.in/eCfCSYa6 At Global General Trade, we are proud to play a pivotal role in this dynamic industry. Our commitment to excellence and innovation ensures that we are at the forefront of building a stronger, more connected country. From groundbreaking projects to sustainable solutions, we are dedicated to contributing significantly to national development. Join us on this journey of growth and progress. Together, we can build a better tomorrow.

Engineering Down Under 🔩 Do you know what the largest value infrastructure projects underway in Victoria are right now? Do you know what major infrastructure projects are at end of life, and what are in kick-off? Do you think you have or will benefit from this investment in infrastructure? These are the questions that I hope we can answer with our latest infographic on “Key Projects in Victoria”. It was released yesterday in our quarterly Balpara newsletter, and has already had numerous downloads. Take a look and if interested in content like this, please feel free to sign up to stay connected. https://lnkd.in/gmjXgH2N #Engineeringdownunder

Increasing investments in construction projects across emerging economies Infrastructure development, urbanization, industrialization, technological advancements, and are key driving factors of Global #Heavy_Construction_Equipment Market during the forecast period between 2024 and 2030. 🌐 𝐅𝐨𝐫 𝐦𝐨𝐫𝐞 𝐢𝐧𝐟𝐨 𝐩𝐥𝐞𝐚𝐬𝐞 𝐯𝐢𝐬𝐢𝐭: https://lnkd.in/datENWVp ▶ 𝐁𝐲 𝐑𝐞𝐠𝐢𝐨𝐧: Based on region, Global Heavy Construction Equipment Market is divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. #asiapacific is the leading region in the Global Heavy Construction Equipment Market. #marketresearch #heavyconstruction #equipment #construction #constructionindustry

🚀 Exciting News for Infrastructure Enthusiasts! 🌍 📣 We've just published a comprehensive article titled: Navigating 2024: A Multi-Disciplinary Engineering View on South Africa's Infrastructure Trends. This insightful piece delves into the heart of South Africa's evolving infrastructure landscape in 2024, offering a unique perspective from the vantage point of multi-disciplinary engineering companies. 🌐 What's Inside? 1️⃣ Innovative solutions to combat the challenges. 2️⃣ The integration of cutting-edge technology and sustainable practices in infrastructure projects. 3️⃣ Predictions and trends shaping South Africa's infrastructure beyond 2024. 💡 Whether you're an engineer, urban planner, sustainability advocate, or simply intrigued by how infrastructure shapes our world, this article is a must-read. 🔗 https://lnkd.in/ej6U5rvr 👉 Join the conversation and share your thoughts on these transformative trends. Let's discuss how these developments are not just shaping South Africa's landscape but also setting a global benchmark in infrastructure innovation. #InfrastructureDevelopment #EngineeringExcellence #SustainableFuture #SouthAfrica #2024 #InnovationInEngineering #AllengGroup #loadshedding

#US construction activity is set to rebound in 2024, supported by a recovery in #residential #building work and ongoing investment from the Infrastructure Investment and Jobs Act. Learn more in our latest construction forecast update: https://okt.to/iF0Cb3

AMAFORE considers investment in Development Poles natural as AFOREs usually invest in the infrastructure sector. To keep up with the pace of the most recent infrastructure developments, don’t forget to join #MexicoBusinessSummit 2024! #MexicoBusinessNews #MexicoInfrastructure

Thursday, July 25th. What's on your mind? My eye caught this tidbit the other day... Jul 3, 2024 — Through the Investing in Canada Infrastructure Program, the federal government is investing more than $33 billion in public infrastructure... More than half (58.8%) of Canada's assets by replacement value are in good and very good condition. Approximately 12% of assets are in poor condition, accounting for $260 billion to replace. So, $33B is a mere drop in the bucket, but it's a good start. Energy, Environmental, Highways-Roads-Bridges, Industrial, Oil & Gas, Marine, Mining, Railways... it all must be looked after, there is no doubt in my mind. For the professionals in this segment, which Construction/Infrastructure Trade Shows & Conferences will be the most frequented? Which will you and your company exhibit within? Which shall you attend? Buildex Alberta. Oct 23-24 P3 Toronto. Nov 4-5 Shutdowns Turnarounds Superconference Calgary. Dec 3-4 First Nations Housing & Infrastructures East Toronto. Dec 4-5 First Nations Housing & Infrastructures West Vancouver. Dec 4-5 Buildex Vancouver. Feb 26-27 Urban Transit Infrastructure Symposium East Toronto. May 28-29/25 Urban Transit Infrastructure Symposium West Vancouver. June 17-18/25 So many events to review, and this is just a Canadian focus. Which event is typically the best one for your business? I look forward to your reply. Regards George R. Hauffe, CSP