#infrastructure

5 articles tagged with #infrastructure

Heathrow's third runway might deliver 90% less economic bang than promised - oopsEconomics

Heathrow's third runway might deliver 90% less economic bang than promised - oops

The UK government's own Department for Transport analysis suggests Heathrow's third runway could deliver 90% less GDP growth than previously claimed, with an overall economic trade-off potentially costing the UK up to £62.5 billion.

·2 min read
NYC subway gets its money back after MTA lawyers showed up and said 'excuse me'Politics

NYC subway gets its money back after MTA lawyers showed up and said 'excuse me'

The Trump administration has agreed to release federal funds for the Second Avenue subway extension after the MTA filed a lawsuit to restore the withheld money, according to The Hill.

·2 min read
Hong Kong's bond sale was so hot it got 8.6x oversubscribed - yes, people are still very much buying what HK is sellingEconomics

Hong Kong's bond sale was so hot it got 8.6x oversubscribed - yes, people are still very much buying what HK is selling

Hong Kong raised US$3.5 billion through a bond sale that was oversubscribed 8.6 times, drawing investors from over 30 countries to fund the Northern Metropolis development and green transition projects.

·2 min read
Thailand wants to build the world's most ambitious shortcut and the Strait of Hormuz drama is giving it rocket fuelEconomics

Thailand wants to build the world's most ambitious shortcut and the Strait of Hormuz drama is giving it rocket fuel

Thailand's proposed land bridge across its southern peninsula has been a tough sell for years, but Iran's pressure on the Strait of Hormuz is giving the ambitious trade-route project a new and urgent argument - even if critics say the numbers still don't work.

·2 min read
Hong Kong-Shenzhen border crossing promises 5-minute clearance, and no, that's not a typoTechnology

Hong Kong-Shenzhen border crossing promises 5-minute clearance, and no, that's not a typo

Authorities say the upgraded Huanggang Port crossing between Hong Kong and Shenzhen will use a new joint clearance model to cut immigration time to just five minutes. The South China Morning Post reports the facility is expected to open next month.

·2 min read