Infrastructure News & Reports Railway Transportation WORLDReport

Iran, Afghanistan Open First Rail Link with Eye on Trade

TEHRAN, Iran (AP) — The leaders of Iran and Afghanistan on Thursday inaugurated the first railway link between the two countries, expressing hope it would enhance trade links across the region. The 140-kilometer (90-mile) line running from eastern Iran into western Afghanistan will eventually be expanded by 85 kilometers to reach the Afghan city of …read more →

Infrastructure Infrastructure Financing Railway WORLDReport

European Commission Commits €54 Million for Sustainable Transport Infrastructure

The European Commission has announced €54 million in funding for sustainable and safe transport infrastructure in Europe. Five projects have been selected to receive funds under the Connecting Europe Facility’s (CEF) Transport Blending Facility rolling call, an instrument that is used to mix EU and private financing. Dirk Becker, Director of the Innovation and Networks Executive Agency (INEA) …read more →

Infrastructure News & Reports Technology WORLDReport

Cloud Infrastructure Services Market Record $5 Billion Incremental Growth in Q2

New data from Synergy Research Group shows that Q2 spend on cloud infrastructure services passed the $30 billion milestone, an increase of $7.5 billion from the second quarter of 2019. This continues the trend of ever-larger increments in cloud spending. Q2 2019 spending grew $6.5 billion from Q2 2018, which in turn grew $5.5 billion …read more →

News & Reports Transportation WORLDReport

China Unveils Plan for New Energy Vehicle Industry

China on Monday unveiled a development plan for its new energy vehicle (NEV) industry from 2021 to 2035 that aims to accelerate the country into an automotive powerhouse. The plan, released by the State Council, China’s cabinet, listed five strategic tasks to improve technology innovation capacity. The council intends to build new-type industry ecosystems, advance …read more →

News & Reports Telecom WORLDReport

Google Unveils its First 5G Phones, Cuts Price on Base Pixel Model

Google’s first 5G-enabled phones, Pixel 4a (5G) and Pixel 5, will be available later this year at a starting price of A$799 or N256,638. The company also cut the starting price for its smartphone line-up with a non-5G version of 4a priced at A$599 or N192,318, looking to broaden its appeal among budget-conscious customers. Like Apple, …read more →

Infrastructure News & Reports Transportation WORLDReport

China to Boost Smart Infrastructure in Transport Sector

China will promote the construction of new infrastructure projects in the transport industry, aiming to advance the sector’s transformation toward digitalization and intelligence, according to a guideline issued by the Ministry of Transport on Thursday. By 2035, China aims to achieve remarkable results in the field, with advanced information technology playing a key role in …read more →

Infrastructure WORLDReport

Confidence, Certainty and Reducing Risk Are Vital in Infrastructure Planning – Debate Panel

British experts have identified confidence, certainty and reducing risk as vital in Infrastructure development planning In a virtual debate titled “How can planning help deliver the ‘build, build, build’ infrastructure agenda?” which was hosted by Infrastructure Intelligence editor Andy Walker, the panel was  of the view that trust must precede collaboration for government to achieve its goals. …read more →

ENERGY News & Reports WORLDReport

Belarus President pledges new oil, gas infrastructure by 2025

President Alexander Lukashenko said Belarus will develop new oil and gas infrastructure by 2025 during an address to parliament and the nation. Belarus is looking to increase supply options after disputes with Russia have hit supply volumes. As a key transit route, tension between Russia and Belarus also raises risks for Russian oil and gas …read more →

Economy News & Analysis WORLDReport

Covid-19 Management: Europe’s Economy May Recover Faster than US – JPMorgan, Goldman Sachs

America’s failure to get a grip on the pandemic is putting the brakes on its rebound compared with Europe, where many former virus hot spots managed to resume economic activity without causing a similar surge in infections. Crucial for a sustainable recovery is confidence that the virus is no longer out of control, and Europe’s …read more →

AVIATION News & Reports WORLDReport

China-Developed World’s Largest Amphibious Aircraft Completes Maiden Flight From Sea.

China’s indigenously-developed AG600 large amphibious aircraft succeeded in its maiden flight over sea on Sunday morning in Qingdao, east China’s Shandong Province, its developer announced. The aircraft took off from the sea off Qingdao at 10:18 a.m. and completed the test flight after flying for about 31 minutes, said state-owned plane-maker Aviation Industry Corporation of …read more →