Thanks to recent legislation like IIJA and the Inflation Reduction Act, might increased federal investment in US infrastructure also catalyze a dramatic increase in the private sector's ownership of public assets? A recent op/ed in the New York Times uses a Brookfield infrastructure fund's recent $2B investment in two
A bridge connecting mainland southern Italy to Sicily has been a long-elusive goal for Italian engineers - and not just due to the Bel Paese's febrile politics. In 2005, the Italian government awarded a turnkey contract to a WeBuild-led joint venture (at the time known as Impregilo S.p.A.
The world's mega-project moment is being chopped to pieces. While it's true that global infrastructure projects are getting bigger and more complex, it's also true that owners are looking for opportunities to derisk projects by dividing up scopes into smaller, more manageable contracts. Now it's America's most important heavy civil
According to Lord Byron, "Venice sinks, like a seaweed, into whence she rose." And La Serenissima is indeed literally sinking at a rate of two millimeters annually (since 1950-1970 when groundwater pumping for a nearby port caused the city to sink by 5 inches). In my opinion, it's the world's
A new book argues that low- and middle-income countries must "improve their understanding of the fiscal risks" of infrastructure if they are to achieve their sustainable development goals. By 2050, the number of people living in cities will increase by 2.5 billion globally, but mostly across low- and middle-income