Public sector authorities are realizing that many times they are not ready to implement projects as P3s. They need more time to define their objectives and goals for the project, properly define the scope and phasing, and understand and fairly allocate risks between the public and private sectors.
As a result, a number of agencies are opting for or at least considering a different approach – engaging private-sector players earlier at a point more upstream in the planning process through what is known as a pre-development agreement (PDA).
If we want to deliver on the U.S. commitment to responsible, sustainable development around the world while championing U.S. jobs, we need the reach of our EXIM Bank.
Bechtel's Héctor L. García joined a panel of industry experts to discuss Latin America's significant infrastructure gap and uninterested financial lenders.
According to the McKinsey Global Institute, the world needs to invest around $3.3 trillion dollars in infrastructure through 2030 to meet economic growth forecasts. A skilled construction workforce is essential to meeting this demand.
Bechtel's president for Latin America discusses the importance of developing a sustainable global supply chain and working with suppliers from Latin America.
With global population expected to swell to an estimated 9 billion by 2050, the intelligent use of limited resources in production and consumption has become a subject of socio-political, environmental, and economic discussion.
CI's Marielle Canter Wienkel recommends what companies can do to address fresh water risk.
Dr. Troeng shares the importance of water consumption planning and ways to use existing water.
Small businesses are an unmistakable engine of economic growth in Latin America, and a critical part of any international company’s supply chain when it works in the region.