The International Information Center for Structural Engineers

The Center for an Urban Future released a report yesterday titled Caution Ahead: Overdue Investments For New York’s Aging Infrastructure.  The 68-page study estimates that New York needs to spend $47 billion over the next four to five years to improve its failing infrastructure to a state of good repair. The report states that while Superstorm Sandy brought attention and some much needed funding to certain parts of New York’s infrastructure, there are still many other infrastructure vulnerabilities that need to be addressed.

Additional Info

  • Date occured Tuesday, 11 March 2014

The United States Department of Transportation released its biennial conditions and performance report last Friday. The report stated that all levels of the country’s government must spend between $123.7 billion and $145.9 billion per year to maintain and improve the conditions of the United State’s roads and bridges. The report analyzed data from 2010 and found that the U.S. spent roughly $100 billion on infrastructure that year including $12 billion provided by the stimulus package to help the economy during the recession. The U.S. DOT strongly encourages spending increases to avoid any further deterioration to the country’s roads and bridges.

Additional Info

  • Date occured Friday, 28 February 2014

The infrastructure and gridlock problems facing the city of Jakarta, Indonesia are expected to worsen this year. The Indonesian government expects 1.2 million new cars will be purchased in the country in 2014.  This fact, coupled with the Indonesian central government’s unwillingness to invest in new infrastructure projects, could result in “total gridlock” according to the executive director of the Indonesia Effort for Environment. 

Additional Info

  • Date occured Friday, 31 January 2014

The 2014 Winter Olympics will begin on February 7th in Sochi, Russia.  The resort town of Sochi is located over 1,600 kilometers from Moscow along the Black Sea.  Sochi had very little infrastructure when the city’s bid to host the Olympics beat out Salzburg, Austria and Pyeongchang, South Korea in 2007.  In the seven years since Sochi won its Olympics bid, workers have erected 25,000 new hotel rooms, built 225 miles of road, drilled 22 new tunnels in the surrounding mountains, built four new stadiums and more.  These Olympics will be the most expensive in history with current cost estimates exceeding $50 billion.  In addition to the original $10 billion investment by the Russian government, the original financing plan called for non-budget sources to contribute $2.6 billion to tourist infrastructure, $500 million for Olympic venues, $270 million for transportation infrastructure, and $100 million for power infrastructure.  The actual cost to complete each of these items is much higher than the original estimates and many are claiming corruption plays a large role in the increased spending.

Additional Info

  • Date occured Friday, 07 February 2014

The U.S. Travel Association held its inaugural conference in Washington D.C last week. The focus of the event, referred to as “Connecting America Through Travel, was to raise awareness to the fact that a lack of infrastructure spending in the United States is leading many tourists to visit other countries. Representatives of the association cite other countries’ high-speed rail and efficient airports as two main reasons why the United States is in danger of falling further behind. They warn that this has far reaching effects on the country that include not only being a less desirable travel destination, but also being less competitive in the global marketplace.

A new chart released by BCA, an independent investment research company, shows that infrastructure spending on non-defense structures has seen a significant drop from roughly $325 billion in 2002 to under $250 billion in 2013.  It is important to note that this data includes both state and federal spending.  State investment in infrastructure has been very low since the recession began, and it is expected that this spending will increase in the future.

Additional Info

  • Date occured Sunday, 10 November 2013
Published in Other News
Page 3 of 3