Engineering and construction firm executives say the historic climate change pact reached on Dec. 12 in Paris could continue the power sector’s shift away from traditional fossil fuel projects and create new markets in developing countries.
As the new Modi government tightens up bureaucratic systems with new initiatives to facilitate business, recognizing India’s potential for investment, the United Arab Emirates is tapping new opportunities and encouraging the kingdom's investment institutions to open their coffers in India.
Related Links: Reuters: Qatar building boom proves a challenge for foreign construction firms Construction workers from India and Nepal are believed to make up the largest contingent of migrants in Qatar, building an estimated $150 billion worth of buildings and infrastructure in the ambitious Gulf nation over the next decade.But even as global media and organizations speculate on poor—some say slavery-like—working conditions and other risk factors that they say have spiked fatalities over the past several years, home-country governments are mixed in their responses to the plight of their expatriates.Of the estimated 1.5 million workers in the country, 600,000 come
Climate change is expected to impact Bangladesh severely. River flooding currently affects 9.5 million people annually in South Asia and is projected to increase to 15 million people by 2030, according to the World Resources Institute. Those living in the coastal areas of Bangladesh are hit especially hard by disasters, such as cyclones, flash floods, erratic rainfall and salinity intrusion. Sea levels near Dhaka could rise 30 centimeters by 2040 and exceed 100 cm by 2100.Bangladesh has about 100 islands in the Bay of Bengal and a cluster of big rivers. Every three years or so, cyclones increase water levels,
India's Prime Minister Narendra Modi and France's President Francois Hollande met in connection with India's agreement to hire French engineering companies to design new smart cities. French engineering and design company Egis Group, as a part of a Hong Kong-based AECOM Asia-led consortium, has won the bid from the Mumbai Metro Rail Corp. as general consultants for implementation of Mumbai’s fully underground, 32.50-kilometer-long Metro Line 3 project, with 27 stations, on May 15. Japan International Co-operation Agency (JICA) will provide $2.08 billion as a grant for the project. The partners include Japan-based Padeco and U.S.-based LBG Inc. Egis Chairman and
PM Office India Indian Prime Minister Narender Modi (left) and French President Francois Hollande signed agreements to develop the world's largest nuclear reactor park. AREVA signed two agreements with its Indian partners for the preparation of the 9,900-MW Jaitapur European Pressurized Reactors (EPR) project and outlined the importance of the project. Jaitapur is in the western state of Maharashtra. The nuclear-reactor park, which will comprise six 1,650-MW nuclear reactors, is expected to be the world’s largest. AREVA signed the agreements in the presence of Indian Prime Minister Narender Modi, during his visit to France, and French President François Hollande.AREVA designed