Top 100 U.S. infrastructure projects announced

WASHINGTON, D.C. - The CG/LA Infrastructure recently released the list of the top 100 U.S. Infrastructure projects and say the projects are expected to have a fund outlay of over $465 billion spread out over a period of five years creating, over 10 million full-time employment positions.

In the backdrop of the current economic crises, these projects define the ‘powerfully competitive and critical path forward’ in line with the strategic infrastructure plans that have been mooted by the Obama administration to improve the nation’s uncertain infrastructure stock and a regional need to create an environmental friendly and productive infrastructure, according to the study.

The list has been released ahead of the North American Strategic Infrastructure Leadership Forum expected to be held later this year.

The forum also intends to host, in addition to these projects, the leading projects in neighboring Canada and Mexico.

All the top 100 projects identified were done so along three broad parameters. One, whether the possibility of it going forward in the next 12 months is strong; two, its criticality in terms of being perceived as being integral to the fabric of U.S. competitiveness; and three, how relevant the premise of the projects are with respect to the Obama governmentÂ’s commitment to infrastructure priorities.

Infrastructure projects are broadly classified as smart grid, traditional and new age. The Smart Grid infrastructure projects are the ones which involve the operating system of the modern economy, perceived by many gurus to be the most important investment arena in the U.S. economy. Almost 14% of the top 100 projects are in this category, including 6 energy transmission projects (estimated at around $25.1 billion) and 8 renewable energy projects (approximately $15.3 billion).

Traditional infrastructure involves expenditure on those physical structures which form the crux of our operating economy today and which have enabled us to remain competitive in our businesses till the present day.

These projects were assessed on how effective they can be expected to be in refurbishing these existing structures. Selected projects include 17 in surface transportation ($58.3 billion), seven in ports and logistics ($5 billion), four in conventional electricity production ($21.4 billion), nine in natural gas – including pipelines, LNG terminals and exploration ($55.1 billion) – and 14 in water/wastewater management ($19 billion).

Related News

global coal output

Global use of coal-fired electricity set for biggest fall this year

LONDON - The world’s use of coal-fired electricity is on track for its biggest annual fall on record this year after more than four decades of near-uninterrupted growth that has stoked the global climate crisis.

Data shows that coal-fired electricity is expected to fall by 3% in 2019, or more than the combined coal generation in Germany, Spain and the UK last year and could help stall the world’s rising carbon emissions this year.

The steepest global slump on record is likely to emerge in 2019 as India’s reliance on coal power falls for the first time in at least three decades…

READ MORE
byron_unit_2_nuclear

Hitachi freezes British nuclear project, books $2.8bn hit

READ MORE

power pylons

Energy minister unveils Ontario's plan to address growing energy needs

READ MORE

expanding-ev-charging-in-condos

Expanding EV Charging Infrastructure in Calgary's Apartments and Condos

READ MORE

Newfoundland Consumer Advocate

NL Consumer Advocate says 18% electricity rate hike 'unacceptable'

READ MORE