Our chart this week looks at the $550bn of incremental funding over five years allocated by the US Infrastructure & Jobs Act just passed by Congress.
Infrastructure and Recovery
A plethora of financial, climate, health, societal and business issues have resulted in significant challenges for economies globally. Pressure on public finances, and the need for simultaneous levelling up, will be immense – while private investment must be more enlightened. Where does infrastructure investment fit into recovery?
Across the globe organisations are setting ambitious targets for carbon reduction. But how does an energy company translate those targets into action? Hong Kong’s CLP Group knows exactly what pathway it is on.
Explore our map of selected projects from the National Infrastructure and Construction Pipeline to see some of the planned work in the coming years – and what it will cost.
24 February 2021: In an endeavour to develop the local economy and build its reputation as a location for sector excellence, three huge sites based around the Port of Bristol have been put forward for freeport status.
24 February 2021: ICAEW supports the updates made to improve the appraisal process of the government’s projects, policies and programmes with more emphasis placed on the levelling up agenda and climate.
24 February 2021: Economies across the world are at a crossroads. ICAEW President David Matthews outlines the scale of the challenges we now face and comments on the investment that will support recovery and change.
24 February 2021: Bill Meredith, Audit Partner at KPMG, specialises in infrastructure, building and real estate businesses. He says climate and social risk and impacts are all much better understood and reportable than previously.
24 February 2021: When you think of the dense metropolis that is Hong Kong, vast expanses of green, open spaces and a hotbed of artistic and cultural activity aren’t necessarily the first things that spring to mind. And yet a vast new development in the West Kowloon district is looking to transform the landscape and put Hong Kong firmly on the global cultural map.
23 February 2021: The Buildings Research Establishment has been a trailblazer in its field for a century. Much of the language it uses to describe what it does today is very familiar to chartered accountants.
23 February 2021: When the National Infrastructure Commission was established in 2015 to advise government on economic infrastructure, digital communications were just part of the mix. Now we are well on the way to 85% coverage by 2025.