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INFRASTRUCTURE MEGAPROJECTS
In the 1950s, a Soviet engineer proposed damming the Bering Strait and pumping the ocean to melt the Arctic, a deliberate plan to thaw the top of the world and warm SiberiaA Soviet engineer proposed damming the Bering Strait to warm the Arctic. This ambitious plan aimed to melt ice and change global weather pa...- In 1964, American engineers drew up NAWAPA, a plan to redirect the rivers of Alaska and Canada through the Rockies to water the US desert, re-plumbing an entire continentA 1964 plan proposed moving water from Alaska to the arid American West. This ambitious engineering project aimed for continental water red...
- Why fighting yesterday's battles against China's Belt & Road is pointless nowThe Belt and Road’s resurgence doesn’t demonstrate that China’s economic model is unstoppable. But it does show that Beijing isn’t retreati...
- The world’s tallest skyscraper rising in Jeddah to beat Burj Khalifa — here are its top featuresJeddah Tower in Saudi Arabia is once again rising skyward. Construction has surpassed 80 floors, marking a significant milestone. The proje...
- SoftBank tanks 10% after $5.8-bn Nvidia stock saleSoftBank has sold its entire stake in chip giant Nvidia for $5.8 billion. This move aims to generate cash for significant artificial intell...
- Egypt unveils world's largest museum dedicated to single civilisationEgypt unveils the colossal Grand Egyptian Museum, a 20-year project aimed at revitalizing its tourism sector. Housing over 50,000 ancient E...
- Saudi hosts world's business elite with eyes on gigaprojects, AISaudi Arabia launched its Future Investment Initiative in Riyadh, drawing global leaders and business elites to boost its gigaprojects and ...
- Reliance Infra gets 3-notch ratings boost from India Ratings on near-zero debtIndia Ratings upgraded Reliance Infrastructure’s credit rating by three notches to ‘IND B/Stable/IND A4’ from ‘IND D’, citing the company’s...
- Chinese EV giant BYD's gigantic megafactory, bigger than a city, churns out 1 million cars a year with its own stadium and infrastructure; here's all about it and why Elon Musk may be worriedDiscover BYD’s colossal Zhengzhou factory—larger than San Francisco—revolutionizing EV production with city-like amenities and record-break...
- Adani's $2.1 bn Navi Mumbai Airport draws IndiGo, SpiceJetIndia's low-cost carriers, including IndiGo, Air India Express, SpiceJet, and Akasa, plan to shift operations to Navi Mumbai Airport, targe...
- As violence surges, can Pakistan protect its Chinese projects?Security measures in Pakistan are being ramped up to protect Chinese workers amidst rising militant violence targeting Chinese-funded proje...
- Cost overrun ratio rises to a three-month high in December: MoSPIThe ratio of cost overrun in central government infrastructure projects rose to a three-month high of 18.65% in December. The anticipated c...
- Gross mistreatment of locals in Chinese financed projects in Bangladesh unearthedThe Bangladeshi locals employed in Chinese-funded projects are not given appointment letters, made to work for 26 days in a month, with no ...
- Arctic Council Chair Russia pushes for sustainable development model in Arctic regionAddressing the media earlier this week on Russia completing the first year of its two-year chairmanship in the Arctic Council, Nikolay Korc...
- China grants $90 million to Sri Lanka after visit by top officialCalling the financial assistance a "timely grant," the Chinese Embassy in Colombo said that it would be used for medical care, education an...
- Why a shorter Belt and Road will be even more dangerousA corrosive combination of debt, corruption and privileged access for Chinese companies threatened to lure or coerce countries away from th...
- Gwadar Port will boost Pakistan's, region's economy: ChinaChinese ambassador in Pakistan said the rejuvenation of Gwadar Port, a part of the ambitious CPEC project, is a long-term initiative and sh...
- Peeved by traffic, Elon Musk is starting a company to build underground tunnelsMusk has already started burrowing near the offices of Space Exploration Technologies Corp. in Los Angeles -- a counterintuitive direction ...
- Mumbai's mega infra projects hit roadblockAfter making big bets on megaprojects in Mumbai and other parts of Maharashtra, companies complain they have not got the desired support fr...
- Reliance Energy to get Rs 8,000 cr from promotersThe Rs 8,000 crore equity infusion will be the second largest by the promoters of an Indian company after the Rs 17,000 crore infusion in R...
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