Thursday, May 19, 2011
Construction News Headlines for May 19, 2011
Study: U.S. Transport Spending Falling Far Behind Global Competitors
As Congress debates how much should be spent on transportation and where to find the money, China plans to spend $1 trillion on high-speed rail, highways and other infrastructure in five years. India is nearing the end of a $500 billion investment phase that has seen major highway improvements, and plans to double that amount by 2017. Brazil plans to spend $900 billion on energy and transportation projects by 2014.
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