infrastructure Archives - The Star Bulletin

Jan

01

2023

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By Fredric M. Wiseman

S.Korea will invest $5.3 billion in science research and development by 2023

News#technology, economy, infrastructure, Investment, news, S.Korea

S.Korea will invest $5.3 billion in science research and development by 2023. Seoul: South Korea will invest 6.7 trillion won ($5.3 billion) in research and development in 2023, as the nation is seeking to secure the most important emerging technologies to create growth engines for the future in the field of science, the ministry of science announced on Sunday. The Ministry of Science and ICT announced that the budgeted amount was the equivalent of a 3.9 percent increase over 2021. Of the total, around 3.4 trillion won were put aside for crucial new technologies in the future, like artificial intelligence…

Dec

17

2022

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By Patsy S. Nielsen

The Infrastructure bill will provide more money to Soo Locks construction

Newsdevelopment, economy, infrastructure

The Infrastructure bill will provide more money to Soo Locks construction Federal funds will flow into the lock construction development located in Sault Ste. Marie following it was announced that the U.S. The Senate on Thursday approved the final version of the broad Pentagon spending bill, which included the request of the Army Corps of Engineers for an increase in funding authorizations for the project. The Detroit Free Press The year-long National Defense Authorization Act that will be sent to the president Joe Biden for his signature is an expansive $858 billion package that provides the 4.6 percent increase in…

Nov

30

2022

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By Helen E. Blake

FRA identifies priority Projects for Northeast Corridor Upgrade

NewsFederal Railroad Administration, Federal-State Partnership, infrastructure, The NEC Project

FRA identifies priority Projects for Northeast Corridor Upgrade. The United States Federal Government can provide funding up to $US 24bn. The US Federal Railroad Administration (FRA), has published a list listing priority projects. This funding will be up to $US24bn. It is being used to improve intercity passenger rail service along the Northeast Corridor (NEC), between Washington, DC and New York City. The NEC Project Inventory's first edition includes 68 projects, divided into 15 major backlog and 53 capital renewal, station and improvement projects. FRA claims the projects will reverse decades-long underinvestment of the country's infrastructure. They will replace and…

Nov

30

2022

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By Kevin Bonner

HCM City is developing seaport infrastructure

NewsCan Gio, HCM City, infrastructure, international transshipment

HCM City is developing seaport infrastructure The Ho Chi Minh City People's Committee just released a decision regarding the implementation plan for the development of the seaport infrastructure system in the southern metropolis. The Ho Chi Minh City People's Committee just released a decision regarding the implementation plan for the development of the seaport infrastructure system in the southern metropolis. Why the Course Industry is Broken The municipal seaport and other Group 4 ports in Vietnam are expected to see their goods and passengers throughputs reach 461-540m tones and 1.7-1.8million respectively by 2030. The average annual growth rate of passenger…

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