The New Terminal One at JFK successfully concluded a $2.55 billion Green Bond issuance, the largest ever municipal bond financing for an airport project. ✈️ This achievement signifies another important step in the successful delivery of the project. The New Terminal One project represents a $9.5 billion investment and will increase the terminal’s capacity to serve an estimated 23 million passengers annually with a best-in-class experience. It will be the largest terminal at JFK International Airport. Learn more: https://lnkd.in/dvFaSpn5
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Interesting to learn about the new tram system in utsunomiya as well as other new forms of transports elsewhere across the globe! Thanks Jeff Ng for the insightful topics 🙏🏽
Last Saturday, Jeff Ng, our Director of Transport & Infrastructure of China Region and Leader for Greater Bay Area, participated in the Chartered Institution of Highways & Transportation (CIHT) seminar as one of the speakers – to share the vision with the experts for the future of Hong Kong’s transportation infrastructure. With the topic of “Thinking of Futuristic Transport – Transit and Energy”, Jeff highlighted the importance of embracing innovative solutions to address the city’s unique needs while leveraging cutting-edge technologies and design principles. He outlined a roadmap for building a Future Ready transportation infrastructure in Hong Kong. Key elements of this vision include achieving net-zero emissions and incorporating ESG principles to ensure the city’s transit system is sustainable, equitable, and resilient. As a leading expert in the field, WSP is committed to collaborating with local stakeholders to turn this vision into reality and support Hong Kong’s efforts to build an efficient and accessible transportation ecosystem. #WeAreWSP #FutureReady #FutureMobility #FuturisticTransport Chartered Institution of Highways & Transportation (CIHT)
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“Instead of anchoring to a single price point, a range which factors in inaccuracy and risk is more suited to the early stages of a major programme” -Freda Quinlan, Head of the National Transport Authority (NTA) Capital Programme Office discusses sustainable transport projects and programs, the importance of understanding the scale of uncertainty in delivery, and the imperative that a whole-of-life infrastructure thinking is adopted in this, the latest video in our emerging trends in infrastructure series. Explore more insights from our roundtable discussion with clients on emerging trends in infrastructure:
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Director of Permanent Secretariat of Transport Community Treaty | International Relations, Government Relations | Transport & Connectivity
134 transport projects to receive over €7 billion in EU grants from the Connecting Europe Facility (CEF) 83% of the funding will support projects that contribute to the goal of a 90% reduction in transport emissions by 2050 by improving & modernising rail, inland waterways & maritime routes along the TEN-T network. Rail projects to receive 80% of the €7 billion. ℹ https://lnkd.in/ePjwbrSk
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“Instead of anchoring to a single price point, a range which factors in inaccuracy and risk is more suited to the early stages of a major programme” -Freda Quinlan, Head of the National Transport Authority (NTA) Capital Programme Office discusses sustainable transport projects and programs, the importance of understanding the scale of uncertainty in delivery, and the imperative that a whole-of-life infrastructure thinking is adopted in this, the latest video in our emerging trends in infrastructure series. Explore more insights from our roundtable discussion with clients on emerging trends in infrastructure:
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“Instead of anchoring to a single price point, a range which factors in inaccuracy and risk is more suited to the early stages of a major programme” -Freda Quinlan, Head of the National Transport Authority (NTA) Capital Programme Office discusses sustainable transport projects and programs, the importance of understanding the scale of uncertainty in delivery, and the imperative that a whole-of-life infrastructure thinking is adopted in this, the latest video in our emerging trends in infrastructure series. Explore more insights from our roundtable discussion with clients on emerging trends in infrastructure:
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🖋️ This month we signed a memorandum of understanding with the Norwegian infrastructure manager Bane NOR. This agreement is part of the International Research and Development Partnerships Programme (IRDP), which involves international industry partners working together to share best practice and expertise on the similar opportunities and challenges they face. 🚆 The programme aims to deliver and develop technology to improve safety and deliver a network fit for passengers and freight customers, in line with our priorities in our current five-year planning period, Control Period seven. 🙌 Sverre Kjenne, chief technology officer for Bane Nor, said: “Signing this agreement with Network Rail is a clear statement of intent for Bane NOR’s ambitions in international R and D collaboration. "The decision to work with Network Rail is an exciting one, opening up plenty of opportunities to access Network Rail’s world-class testing facilities and engineering expertise. "Meeting the transport challenges of the future, such as the threats posed by climate change and delivering for an increasingly urbanised population, requires international thinking and today is the start of that commitment.” #Innovation #IntelligentInfrastructure #RailTechnology
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The investment needs of European port managing bodies will amount to around €80 billion for the next 10 years, according to the European Sea Ports Organisation (ESPO) – and ‘sustainability and the energy transition’ is now one of the most important investment categories, second only to the expansion of terminals, quays and basins. https://lnkd.in/eSddvP3Q
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Rail opportunities for foreign companies in the Norwegian National Transport plan (NTP) 🛤 Today our Director of Transport and Infrastructure Pål Arne Davidsen was asked to speak for 40-50 Swiss business representatives from the railway sector in the seminar “Hot Rail Projects in the Cold North”. Here he gave some key recommendations for Swiss, or other international companies entering or doing business in the Norwegian market, such as: 🚝 the importance of early engagement and dialogue, attending market dialogue meetings, introduce pilot projects or innovation, participate in RFIs and more. When the tender is out, it is usually too late to get involved. 🚈 the importance of finding a local partner or adviser. This not only sharpens and tailors your business offering but can also give you credibility and positive reputation in the local context. 🚉 understanding and acting upon new regulations on both climate and environment (30 % requirement in public tenders from 1st of January), ESG and the Transparency Act. The total cost frame of the NTP 2025 – 2036 is NOK 1308 billion, and over 436 billion of this has been allocated to rail projects in the Government's proposal. Tough political negotiations will now follow, which will be finalized in June. Gustav Henriksson Michael Kuehn Martina Ehlebracht Andreas Haas
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Global Gateway: under construction but already happening 🚀 Just wrapped up a productive Plenary Meeting of the Business Advisory Group of Global Gateway in Brussels where European Business is shaping the future together with the European Commission. We are ‘building the plane while flying it,’ but progress is palpable. Europe is already a powerhouse in global projects, have a look at the list of the 2023 global gateway flagship projects, which is publicly available! For the future, Global Gateway is sparking crucial conversations on how to better team up as Europe in order to support our partner countries in strategic, even more complex projects. It is also about how to better leverage private capital and not only focus on development aid. At Euler Hermes, we’re proud to be part of this journey. Together with the other European ECAs, we are mobilizing more than 50bn EUR annually in private financing. I was happy to present examples of GG flagship projects we have enabled, e.g. a mega rural electrification project in Angola together with COSEC. Such projects showcase the development impact private sector endeavours and successful ECA collaboration can create. Together, let’s make more of these flagship projects a reality! #EUProjects #GlobalGateway #EulerHermes”
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EU foreign affairs specialist/regional & competition policy/multimedia communicator/ICT expert with a free spirit
Enhancing Connectivity and Sustainability with EU Cohesion Policy The European Commission has adopted €110 million in Cohesion Policy funds to modernize the rail network between Madrid and Seville. This investment aims to make rail travel more reliable and attractive for passengers, contributing to a greener and more connected Europe. 🚝Improved rail services will benefit commuters, reduce road congestion, and support sustainable urban development. #EUfunding #SustainableTransport #CohesionPolicy
Enhancing Connectivity and Sustainability with EU Funds
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Sr. Project Manager - Project and Program Services - Aviation BHS Systems, @ AtkinsRealis - Formerly Faithful+Gould USA
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