Canada’s National Energy Board approved the $16.2-billion, 1,200-kilometer Mackenzie Valley Pipeline in the Northwest Territories, Canada, but financial and regulatory hurdles remain. The gas project aims to develop three major Arctic natural-gas fields and a pipeline to bring the resource to the southern markets. The project still needs final approval from the federal government in early 2011, more than 6,000 additional project permits and a funding framework. The best-case scenario would see gas flowing by 2018, say industry sources.
The growing need to collect, store and analyze the huge volumes of data collected from infrastructure project stakeholders is generating a new growth area for construction-sector firms, IT vendors and professionals.