i


FROM SITE SELECTION MAGAZINE, SEPTEMBER 2023 ISSUE


LOGISTICS & DISTRIBUTION

Where & Why the Logistics Giants Are Expanding

Snapshots of UPS, DHL, Amazon and Ryder project activity and a ranking of global connectedness accompany our look at which U.S. states and metros have attracted the most logistics projects over the past five years.


Read More >>>>



INVESTMENT PROFILE: RANCHO CUCAMONGA, CALIFORNIA

The New Industry Hub of Southern California

Forty-five minutes east of LA, a 46-year-old city rises with transit-oriented development.


Read More >>>>


ADVERTISEMENT

i

SITE SELECTION RECOMMENDS

Alstom in March was awarded by Mitsubishi Corporation a contract to provide an integrated railway system for the extension of the North-South Commuter Railway project in the Philippines.

Rendering courtesy of Alstom

Oxford Economics last week published a new research briefing examining 33 factors influencing long-term growth in 20 emerging market (EM) economies. “The Philippines, Malaysia, China, and the Czech Republic are well positioned to grow,” the report stated, while Argentina, South Africa, Brazil and Turkey have the weakest outlook. The report is an update to work the group first published in February 2020, which “looks at the selected EM economies' ability to escape the ‘middle-income trap’ and eventually achieve high-income status.”



Check out the firm’s Resource Hub, which includes recent reports such as “Spotting high-flyers among sluggish U.S. metros” and an infographic depicting trends in office employment growth in global cities between now and 2027. “Whereas pre-pandemic, the Asia Pacific cities with the largest increases in office employment were all Chinese,” says the report, “going forward many of them are likely to be Indian, with Mumbai set to see more than half a million additional office jobs in the 2023-27 period.”



MISSISSIPPI DEVELOPMENT GUIDE 2023

ADVERTISEMENT

i

PHOTO OF THE DAY


Among the numerous megaprojects Saudi Arabia has shown off during the Cityscape Global conference and exhibition in Riyadh this week is Trojena, a year-round mountain destination (photo above and rendering below) being developed by NEOM, which refers to itself as “the smart and sustainable region taking shape in northwest Saudi Arabia.” Located just over 30 miles from the Gulf of Aqaba, the 60-sq.-km. (23-sq.-mile) area will include a planned 36 km. (22 miles) of ski slopes, a 3,000-seat mountainside amphitheater, hiking and biking trails, climbing activities and more than 3,600 hotel rooms and serviced apartments. NEOM anticipates completion of the estimated $500 billion project by 2026 and the attraction of 700,000 annual tourists and creation of 10,000 jobs by 2030.


Photo and rendering courtesy of NEOM