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.
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.”
The
companies serving community and industry power, workforce development
and site development needs are familiar names among the nation’s top
utilities in economic development.
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.
