China will tighten funding rules for new projects to curb investment and worsening pollution in the world’s fourth-biggest economy, according to an official from the nation’s top economic planning agency.
China will “soon” reduce the amount of debt companies can use for projects in industries that have excess capacity, pollute heavily or use too much energy, said Luo Guosan, of the investment department of the National Development and Reform Commission. The official, interviewed on a government Website on Tuesday, didn’t detail the planned capital requirements.
Source: CCTV International
With one of the world’s fastest-growing economies, India is expected in the coming years to produce ever more of the greenhouse gases that contribute to global warming. But many business owners in small industries either fail to understand the relevance of climate change or are unable to afford the changes necessary to become more energy-efficient. According to a World Bank study, India’s 4.5 million small and medium enterprises, with their obsolete technology, produce 70 percent of India’s industrial pollution.
Small-Scale Businesses Forestall a Green India – washingtonpost.com.
Mark Borst headed for Washington, D.C., last week, hoping to boost the flow of labor back and forth across the Mexican border.
The president of Allendale-based Borst Landscape and Design Inc. was among 500 American businessmen lobbying their congressional representatives to increase the number of temporary work visas, known as H-2Bs, issued by the U.S. each year.
The visas allow businesses such as landscapers, house painters, construction companies and restaurants to legally bring foreign workers into the U.S. for nine months, after which they return home.
North Jersey Media Group Local Landscapers push for more work visas
A Canadian engineering and design company plans to acquire R.D. Zande & Associates, a Columbus-based business known for environmental and civil engineering.
Stantec Inc., a publicly traded company in Edmonton, Alberta, will pay an undisclosed amount of cash for R.D. Zande, 1500 Lake Shore Dr. The deal is expected to close in January.
The Columbus Dispatch : Zande joining global company.
The Construction Industry Council launched their Professional Services Survey yesterday stated that the Built Environment industry requires 12,000 competent new professionals to enter the industry every year to meet demand as major projects such as the Olympics gather speed. Added pressure is being put on the industry because 20% of current CPS professionals could retire in the next 10 years.
Construction Industry Council (CIC)