Every region wants an airport and the larger the better. Airports stimulate the economic vitality of any area and long-term economic sustainability is difficult without an adequate airport facility. But, airport ownership has become challenging and that challenge is only going to escalate.
All indicators point to a strong year for the construction industry. Most projections are that the growth will continue through 2021. However, there could be a glitch…and it could come from the public sector – the local levels of government, to be more specific.
A Federal Infrastructure Plan still languishes a year and a half after it was touted as “coming very soon” by the Trump administration. However, one key segment of the plan got a boost this week from the Federal Transit Administration (FTA).
Artificial Intelligence (AI) is destined to change the way we work, live, travel, entertain ourselves and stay healthy. It will also change public safety and almost every other aspect of government.
Outdated, technologically challenged and overcrowded—that pretty much describes the majority of airports in the U.S. But change is imminent and a huge new marketplace is evolving. To make critical upgrades and much-needed expansions, airports are expected to spend $70 billion over the next three years.
A federal Infrastructure Plan still languishes a year and a half after it was touted as “coming very soon” by the Trump administration. However, one key segment of the plan got a boost this week from the Federal Transit Administration (FTA). A final rule was issued that agency officials say offers “new, experimental procedures” designed to encourage greater use of public-private partnerships (P3s) and incentivize private investment in public transportation projects.
All indicators point to a strong year for the construction industry. Most projections are that the growth will continue through 2021. However, there could be a glitch…and it could come from the public sector – the local levels of government, to be more specific.