Kanhu Charan Pradhan of livemint.com writes
”Continuing growth in India and China is now seen as essential for the world’s economic health. Urbanization is a necessary correlate, if not the engine of that growth. Our flagship urbanization programme is the Jawaharlal National Urban Renewal Mission (JNNURM), directed at strengthening urban governance, providing basic services to the poor in 63 selected cities and enabling these to access capital markets to build infrastructure. Urban infrastructure and construction is a key candidate for replacing the diminished investment demand from industry and financing growth in this sector is necessary to maintain our pace of growth.”
continue reding more @ the SOURCE: livemint.com – How not to fund urban renewal – Views – livemint.com.
While banks’ liquidity in the Gulf region has been affected by the global credit crisis and the region’s central banks have launched measures to shore up confidence. The crisis has placed Abu Dhabi in an ideal situation, where it can use its surplus cash for launching projects.
Read more @ the SOURCE: Khaleej Times Online – Abu Dhabi Well Positioned for Infrastructure Investments.
Various news agencies (AFP, Reuters) are reporting that the Sands Macau may be forced to layoff 9000–11000 workers as work is suspended on the its several projects in Macau as they look for financing of 1.2–2.0 billion USD to restart the work on the sites.
For more information read the SOURCE: International Herald Tribune – Las Vegas Sands to fire up to 11,000 Macau workers
Landscape architecture – a profession that focuses on the shaping of outdoor space and improves the interaction between people and the environment – has become indispensable to public works in recent years as there is a growing demand for a green cityscape.
About 50 landscape architects are now serving various Government departments to provide landscape designs, which are aesthetically satisfying, ecologically sound and functional.
Read more @ the SOURCE: news.com.hk – Enhancing HK’s cityscape.