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May 17, 2007

Report * USA - Lags way behind in transport infrastructure

..."America is more of a follower and no longer a world leader when it comes to infrastructure," the report states...

New York,NY,USA -Today's Trucking (CAN) -17 May 2007: -- The United States' relatively low investment in virtually all aspects of mobility-related infrastructure -- roads and bridges, airports, public transit, and railway systems -- is an "emerging crisis" that will compromise the ability of the nation's cities to compete globally, according to a new report co-published by the Urban Land Institute and Ernst Young... Infrastructure 2007: A Global Perspective offers a comprehensive look at the status of current and planned infrastructure investment and development in a variety of categories in countries worldwide, with a particular focus on the U.S., China, Japan, India, and Europe. The first of its kind, the report discusses the evolving infrastructure market, including private and combination public-private systems for funding, construction, operations and management... Inevitably, the private sector will play an increasingly important role in the development of infrastructure... According to Dale Ann Reiss, global director of real estate at Ernst Young, the private sector is going to play a significant role in what she predicts will be a global movement to build and modernize the world's infrastructure... (Photo: Inevitably, the private sector will play an increasingly important role in the development of infrastructure)

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