TILOS Scheduling Software News, October 2017

TILOS Project Scheduling Software Presents | Global Linear Infrastructure News | October, 2017

Each month TILOS Project Scheduling Software publishes TILOS Americas News, a curated selection of articles about global projects, linear infrastructure projects, linear scheduling, and all things TILOS Project Scheduling Software. This month’s headlines were dominated by innovative solutions from the tech sector to address the globe’s most pressing infrastructure challenges.

Mexico accepts Israeli offer to help develop Central America

The President of Mexico, Enrique Peña Nieto has accepted Israel’s offer to help Mexico and the United States develop Central America.

Israeli Prime Minister Benjamin Netanyahu speaks with Mexico’s President Enrique Pena Nieto during an address to the media at Los Pinos presidential residence in Mexico City, Mexico, September 14, 2017. REUTERS/Edgard Garrido

 

Speaking at a news conference with Israeli Prime Minister Benjamin Netanyahu on Thursday Sept. 14, Peña Nieto added that the two nations had agreed to update their free trade agreement, signed in 2000.

“We have agreed to establish and begin the … negotiations to look over this agreement so that the commercial relationship between both nations intensifies and grows,” he said.

In Central America, Peña Nieto said Israel’s assistance could bolster efforts in the region, particularly in Guatemala, El Salvador and Honduras. He noted that Israel brings experience from carrying out development projects in Africa.

 

USA: Following Hurricane Devastation, Calls to Bring Back the Federal Flood Standards Get Louder

Just weeks before Hurricane Harvey hit, on August 15th 2017 US President Donald Trump issued an Executive Order on “Establishing Discipline and Accountability in the Environmental Review and Permitting Process of Infrastructure”.

TILOS project scheduling software news 10.17

Image Source: https://www.environmentalleader.com/2017/09/following-hurricane-devastation-calls-bring-back-federal-flood-standards-get-louder/

As TILOSAmericas.com reported last month, just weeks before hurricane Harvey made landfall in the US, President Trump signed an executive order reducing environmental and permitting requirements to expedite infrastructure development.

However, in the wake of billions of dollars worth of insurable damage that comes after wave upon wave of hurricane, many in Congress are calling for a reinstatement of requirements to build infrastructure so as to better withstand flooding.

The Federal Flood Risk Management Standard, signed in 2015, “could require standard infrastructure to be built two feet above the 100-year floodplain, with critical infrastructure like hospitals elevated three feet. Or they could require infrastructure to be built to at least the 500-year floodplain.”

Federal Emergency Management Agency studies have shown that each dollar spent on mitigating disaster losses saves an average of $4 in avoided post-disaster recovery and rebuilding costs.

Hyperloop Shakes Up Traditional Rail Transport: Announces 10 Global Winners & Wins Feasibility Study in the US

Hyperloop, a proposed mode of passenger and/or freight transportation, first named as such in an open-source vactrain design released by a joint team from Tesla and SpaceX, may just succeed with three global hyperloops operational by 2021.

TILOS project scheduling software news 10.17

Hyperloop One Global Challenge winners represent the United States, the United Kingdom, Mexico, India and Canada. (PRNewsfoto/Hyperloop One)

 

 

Hyperloop announced 2 weeks ago that the Colorado Department of Transportation, supported by AECOM, will enter into a public-private partnership with Hyperloop to begin a feasibility study.  The study will examine transportation demand, economic benefits, proposed routes and potential strategies, regulatory environments and alignment with overall CDOT high-speed travel, rail and freight plans.

This partnership comes on the heels of Hyperloop’s announcement ten global routes have been announced as possible sites for the world’s first commercially viable Hyperloop.

The winning routes connect 53 urban centers and nearly 150 million people representing Canada, India, Mexico, the United Kingdom and the United States. Their combined distance spans 6,628 km (4,121 miles).

One of the routes, The winning routes connect 53 urban centres and nearly 150 million people representing Canada, India, Mexico, the United Kingdom and the United States. Their combined distance spans 6,628 km (4,121 miles).

 

Vancouver Gearing Up For “Largest Federal Investment In Public Transit & Infrastructure In Memory”

Spurred on by the Canadian federal government’s infrastructure investment agenda, Greater Vancouver Transportation Authority (Translink) is embarking on a wide-reaching public transport enhancement program.

TILOS project scheduling software news 10.17

Image Copyright: International Railway Journal http://www.railjournal.com/index.php/north-america/the-skys-the-limit-translink-gears-up-for-major-investment.html

Canadian Prime Minister Justin Trudeau announced in 2016 that Translink would get $460 Million CDN for the first phase of the program. This was later revised to $370 Million with the provincial government providing $246 Million CDN, and Translink putting in $395 Million CDN of its own funds, taking the total capital spend to $1.01 Billion CDN.

Phase 2 of the program will take this initial investment to the next level. The federal government confirmed the region would receive $2.2 Billion CDN for transit projects, which Translink CEO Kevin Desmond describes as the “largest commitment in anyone’s memory from the federal government towards public transport.”

Desmond says Phase 2 will includes three “mega projects:” the Surrey light rail project, the Millennium Line extension, and replacement of the 78-year-old Pattullo road bridge which connects New Westminster and Surrey.

Drone Data To Further Reduce Linear Infrastructure Maintenance Spending

SenSat, an enterprise company focused on drone applications, uses data gathered from drones to create ‘smart infrastructure’, digital replicas of roads and rail assets that link embedded data about condition, materials and usage.

TILOS project scheduling software news 10.17

https://www.sensat.co.uk/single-post/2016/07/29/Four-ways-drones-are-helping-construction Image Copyright SenSat

This type of data can help save over $1.5 trillion in infrastructure maintenance costs by 2025 according to the Boston Consulting Group.

In an announcement Sept 27th, they announced they will be further saving money by reducing the fees associated with drone data by 90%.

About TILOS Software:

A favourite of leading infrastructure companies across the globe, TILOS scheduling software gives Project Planning Managers, Contractors, and Project Owners the ability to create and execute a reliable, comprehensive and easy to communicate linear project plan and schedule.

Trimble TILOS software was developed specifically to address the unique challenges of linear projects such as roads, railway, pipeline, and bridges for professionals in the construction, engineering and energy sectors.

TILOS Scheduling Software News, September 2017

TILOS Software Presents | Global Linear Infrastructure News | September, 2017

Each month TILOS Americas publishes TILOS Scheduling Software News, a curated selection of articles about linear infrastructure projects, linear scheduling, and all things TILOS. This month’s headlines were dominated by water and discussions around ongoing private investment in publicly owned linear infrastructure assets.

Study: Cities and Companies Team Up to Tackle Global Urban Water Crises

Around two thirds of cities from London to Los Angeles are working with the private sector to address water and climate change stresses with 80 cities seeking $9.5 billion of investment for water projects, according to a report by the Carbon Disclosure Project (CDP), a non-profit environmental research group.

Global Linear Infrastructure News

Key issues for cities include declining water quality, water shortages and flooding.

Water investment opportunities are greatest in Latin America (US$6.7bn), where Quito, Ecuador is looking for US$800 million in infrastructure investments to help manage their water supply.

Trump Expedites Infrastructure Projects: Overturns Proactive Flood Prevention Policy

Just weeks before Hurricane Harvey hit, on August 15th 2017 US President Donald Trump issued an Executive Order on “Establishing Discipline and Accountability in the Environmental Review and Permitting Process of Infrastructure”.

Global Linear Infrastructure News

Lee Padilla walks in the Cottage Grove neighborhood of Houston, which has been inundated with flooding from Hurricane Harvey, on August 27. IMAGE COPYRIGHT GETTY

Trump said, “We’re going to get infrastructure built quickly, inexpensively, relatively speaking, and the permitting process will go very, very quickly.”

This Executive Order, one of the record breaking number Trump has signed in his first 100 days, is intended to reduce the impact of Nixon’s 1970 signing of The National Environmental Policy Act (NEPA).

However it will also do away with the policies Obama put in place to aimed to make infrastructure more resilient to the effects of climate change, such as rising sea levels and flooding.

While NEPA was intended to mitigate environmental damage caused by infrastructure development, Trump is more concerned with “processing of environmental reviews and authorization decisions for new major infrastructure to be reduced to not more than an average of approximately 2 years . . .”

Underinvested Parks Canada Joins Feds In Exploring Divesting Linear Infrastructure

Parks Canada operates 46 national parks, a national urban park, four national marine conservation areas and 171 national historic sites, including nine historic canals. Of the $9 Billion in assets, $8.3 Billion is made up of linear infrastructure in dire need of repairs, such as roads, bridges and dams.

Global Linear Infrastructure News

A new bridge is shown in Pacific Rim National Park on Vancouver Island. Parks Canada has ordered a study into whether it should give up its bridges, dams and highways. (Parks Canada)

It’s estimated carrying out all deferred repairs to the various infrastructure assets would cost some $2.9 billion.

“Parks Canada is not embarking at this point on any type of divestiture plan,” spokesperson Jason Bouzanis said in an interview. “We’re really just conducting … an exploratory study,” calling the exercise “standard practice” when developing long-term plans.

The federal government is also examining whether to sell off Canada’s major airports and marine ports, and has hired consultants to advise it on the feasibility.

Ottawa’s Unique Linear Infrastructure Project Procurement Model Garners Global Interest: LRT Line

As the $5 Billion phase one of the O-Train, Ottawa’s underground LRT nears completion, it’s innovative procurement model is drawing global acclaim.

Global Linear Infrastructure News

Excavation work takes place at the site of the Tunney’s Pasture station in 2016. It’s the westernmost station in phase one of the Confederation Line build. Ballasted tracks will be installed throughout most of the guideway, while direct fixation tracks that use a rail fastener system directly attached to a concrete trackbed will being used mainly in the tunnel, where vibration and noise must be kept to a minimum. Photo: RIDEAU TRANSIT GROUP http://dailycommercialnews.com/en-US/Infrastructure/News/2017/8/Finish-line-in-sight-for-phase-one-of-Ottawa-LRT-1026320W/

 

 

 


The Ottawa LRT project is the first build of its type to use
Ontario’s alternative financing and procurement (AFP) model.

Under AFP, provincial ministries and/or project owners establish the scope and purpose of a project, while design and construction work is financed and carried out by the private sector. Typically, only after a project is completed will the province complete payment to the private-sector company. In some cases, the private sector will also be responsible for the maintenance of a physical building or roadway.

“In terms of efficiencies and approach, there is a lot of innovation built in having the same group design and then implement their plans through that AFP model. That is hugely beneficial when it comes to linear transit infrastructure. The idea that you are not specifying what needs to be built, you are specifying how that asset needs to perform, that…whole model has been hugely beneficial to the city.”

13 new stations and 2.5km of underground tunnel are part of the LRT work taking place under downtown Ottawa. Phase One of the O-Train is scheduled to be completed in 2018.

 

About TILOS Software:

A favourite of leading infrastructure companies across the globe, TILOS scheduling software gives Project Planning Managers, Contractors, and Project Owners the ability to create and execute a reliable, comprehensive and easy to communicate linear project plan and schedule.

Trimble TILOS software was developed specifically to address the unique challenges of linear projects such as roads, railway, pipeline, bridges for professionals in the construction, engineering and energy sectors.

TILOS Scheduling Software News, August 2017

TILOS Scheduling Software News | Global Infrastructure Project Updates | August, 2017

Each month TILOS Americas publishes TILOS Scheduling Software News, a curated selection of articles about linear infrastructure projects, linear scheduling, and all things TILOS. This month’s news can be summarized by significant investments in linear projects globally.

Infrastructure bank possible option for funding U.S.-Canada high-speed rail

The Trudeau government’s soon-to-be-launched, $35-billion infrastructure bank will seek to use public funds as leverage to attract billions more in private investment for major infrastructure projects, such as bridges, transit systems and rail lines.

TILOS Scheduling Software News

(Photo Copyright GLOBAL NEWS) A high-speed railway train linking Vancouver, BC, Canada and Seattle, Washington, USA may be funded by Canada’s new Infrastructure Bank. http://globalnews.ca/news/3619040/infrastructure-bank-high-speed-rail/

The infrastructure bank has caught the state of Washington’s attention, as they recently committed $1 Million towards a cost-benefit analysis of high speed trains that run 400km/hr at minimum. The cost-benefit analysis report is expected to be completed in December and may inform Washington’s decision to commit to the long discussed Portland-Seattle-Vancouver light rail train.

The infrastructure bank is central to the Trudeau government’s economic growth strategy. It’s committed more than $180 billion for new projects over the next 11 years and, as part of the effort, hoping to further boost investments with a lift from private cash.

Mexico To Spend $3.2 Billion USD on 17 Roads Connecting To New Airport.

Mexico City’s new $9.4 billion USD airport will be accompanied by extensive new linear infrastructure, including the rehabilitation and construction of 17 roads and the construction of a light speed train.

TILOS Scheduling Software News

Shown above: Architect Fernando Romero with model of the proposed new Mexico City Airport

 

Funding for these initiatives would come from the federal and local governments, and private companies via the award of concessions to operate the infrastructure.

The 17 road construction initiatives are expected to be completed by 2020, the year when the new airport is scheduled to have the main terminal and three runways operational.

$2.5 Billion Investment in Central American Infrastructure Integral To Prosperity, Reduced Violence.Trump’s Plans For Border Wall Now Include Solar Panels

The Inter-American Development Bank and El Salvador, Guatemala and Honduras have lined up to fund substantial infrastructure projects in the three countries known as the Northern Triangle.

TILOS Scheduling Software News

Luis Alberto Moreno, President of the Inter-American Development Bank, speaks next to Paraguayan Finance Minister Santiago Pena at BID’s Annual Meeting of the Board of Governors in Asuncion, Paraguay April 2, 2017. Mario Valdez – REUTERS

Rising crime, gangs and migration are of primary concern to the American, Mexican and Central American officials that met earlier this year to discuss how to cut migration and improve conditions in the three poor countries that have seen rising violence.

“The key over the next five years will be to tap the private sector to help build critical infrastructure that will generate jobs, improve competitiveness, and create the conditions that encourage people to build prosperous lives in their homelands,” IDB President Luis Alberto Moreno said in the statement.

The proposed project could extend from 200 to 1,000 miles long and is estimated to cost $67 billion.

Beleaguered Trans Mountain expansion to start in September, Kinder Morgan says

What may be Canada’s most controversial pipeline is slated to begin expansion this September 2017.

TILOS Scheduling Software News

Kinder Morgan Canada President Ian Anderson. Photograph by: Business in Vancouver

According to company officials, the $7.4 Billion USD  project will begin this fall with the usual site preparation and terminal work in preparation for permit gathering.

Trans Mountain continues to need a good number of local permits from Alberta and British and Columbia related to utility and road crossings and access to Crown land.

Despite obtaining federal approval in 2016,  Seven Federal Court challenges have been filed by  municipalities and First Nations.

Ian Anderson, president of Kinder Morgan would not comment on the opposition from the NDP government in BC and said he was confident they would obtain the permits needed for the project. The company is continuing to file advance permits and “we feel comfortable with that in line with our construction plans.”

 

 

About TILOS Scheduling Software News:

A favourite of leading infrastructure companies across the globe, TILOS scheduling software gives Project Planning Managers, Contractors, and Project Owners the ability to create and execute a reliable, comprehensive and easy to communicate linear project plan and schedule.

Trimble TILOS software was developed specifically to address the unique challenges of linear projects such as roads, railway, pipeline, bridges for professionals in the construction, engineering and energy sectors.

TILOS Linear Infrastructure Investment Project News | July2017

TILOS Software | Linear Infrastructure Investment Project News | July, 2017

Each month TILOS Americas publishes Linear Scheduling News, a curated selection of articles about infrastructure projects, linear scheduling, and all things TILOS. This month’s news can be summarized in a lot of talks and agreements around Linear Infrastructure Investments.

China & Thailand to sign a $5 Billion Dollar Infrastructure Agreement For High Speed Sino -Thai Railway

In an agreement expected to be signed in July, China & Thailand will be investing in  a 1260 km long high speed railway to connect Bangkok, Thailand to Kunming, China.

linear project management news

(Photo Copyright VOA NEWS) A high-speed railway train linking Shanghai and Kunming, of Yunnan province, is seen at a station during a partial operation, in Anshun, Guizhou province, China, Dec. 28, 2016 https://www.voanews.com/a/thailand-china-five-billion-dollar-rail-infrastructure-agreement/3922819.html

This agreement has been two years in the making as the two countries have been negotiating land access, financial arrangements and worker eligibility.

The high speed rail is thought to alleviate major infrastructure woes in the military run country as much of the costs and resources have been allocated to the maintenance of well used roadways.

This is one of many infrastructure projects in the region thought to be part of the China’s “One Belt, One Road” project to develop infrastructure links across Asia.

Tropic’s $30 Trillion Dollar Infrastructure Deficit Creates Economic Opportunities: Report

The Sustainable Infrastructure in the Tropics report, released in late June, estimates $US30 trillion needs to be spent in the tropics to achieve the United Nations’ targets for sustainable development and ending poverty by 2030.

linear project management news

Mother and child, Myanmar. Photo Mark Ziembecki

 

 

 

The Tropics includes parts of Australia, central and southern Africa, the Caribbean, Oceania, South America, Hawaii and parts of Bangladesh, Brazil, China, India, and Mexico and are where the majority of the world’s children live.

This report and recommendations for increased infrastructure investment is recommended in anticipation of a a demographic and economic  ‘seismic shift’, where populations are expected to rapidly expand in the area.

Australia, a regional leader in infrastructure is expected to make significant contributions. James Cook University Vice Chancellor Professor Sandra Harding, said “Australia, as the most advanced country with the largest tropical landmass, is well placed to provide the specialist products and services that are demanded to meet the unique needs of tropical countries around the world including our own. We have the people, the skills and expertise to offer to these growing markets.”

 

Trump’s Plans For Border Wall Now Include Solar Panels

Likely the most controversial linear project ever proposed in the Americas, has been amended.

US President Donald Trump has expanded his original idea to build a wall between the US and Mexico to now include solar panels.

linear project management

Image courtesy of BuzzFeed News; Getty Images

The proposed project could extend from 200 to 1,000 miles long and is estimated to cost $67 billion.

Adding solar panels onto the wall would add $1.4 to $4.2 billion to that cost, according to one preliminary industry estimate, with the solar panels possibly generating more than $100 million of electricity every year.

“While perhaps technologically feasible, there are many more technical and cost considerations than just slapping a bunch of solar panels onto the wall, including how that electricity is utilized and routed,” MJ Shiao, who leads the research analyst team at GTM research says

With any major energy infrastructure project, the more complexity, the harder and more expensive it is to make work,” MJ Shiao

BlackRock launches US$280 million infrastructure debt fund to invest in highway, infrastructure projects in Colombia.

BlackRock, a US Asset management firm now considers infrastructure investment in Latin America on behalf of local and international clients to be a strategic priority for the firm, according to Reuters

“We think that Colombia represents an important investment opportunity that is evolving rapidly for investors that are seeking high quality infrastructure assets,” the global director of BlackRock Infrastructure Debt, Erik Savi, said in a company statement

 

About TILOS Americas

A favourite of leading infrastructure companies across the globe, TILOS linear scheduling software gives Project Planning Managers, Contractors, and Project Owners the ability to create and execute a reliable, comprehensive and easy to communicate linear project plan.

Trimble TILOS software was developed specifically to address the unique challenges of linear projects such as roads, railway, pipeline, bridges for professionals in the construction, engineering and energy sectors.

TILOS Software Training Professional Dean Rosychuk: Profile

A few minutes with a Certified TILOS Software Training Professional

TILOS Software Training Professional Dean Rosychuk

Dean Rosychuk  has been a software trainer since 1992. Educated at the University of Alberta, Canada, Dean has spent his engineering career in various capacities, including planning and training program development. Dean is currently a Trimble certified TILOS Software Training Professional with TILOSamericas.com and Petroglyph Project Analytics.

As a certified Trimble TILOS Software Training professional, Dean consistently gets rave reviews from the attendees at his courses, whether they be in person or online via webinar.

Today we spent a few minutes getting to know Dean a little bit better, in a short telephone interview conducted from Dean’s office in Alberta.


Q: Dean, what do you like best about being a software trainer?

Dean: “I like helping people!  Helping them understand how to use TILOS software is very rewarding”

 

Q: What’s the most remote place you’ve conducted training?

Dean: “Recently I conducted training in both Japan and Australia.  These training sessions were conducted via webinar so I didn’t need to travel for 10+ hours to get there. I  started the TILOS software training sessions at 5pm my time to accommodate the client’s local time zone.”

Q: Where is the farthest you’ve travelled to conduct in person training?

Dean: I flew down to Texas in the US to provide on-site training for a private corporation there.

Q: Dean, what’s your favourite part about being on-site and conducting training face to face?

Dean: “A chance to talk to different people with different perspective brainstorm solutions. What their issues are, how to solve them and what their company philosophy is I find to be the most interesting.

Q: What’s the biggest group you’ve conducted training for? 

Dean:  “It was 15 people in Westminster. Typically training sessions are closer to 6 people.”

Q: How did you come to be a TRIMBLE Certified TILOS Software Trainer?

Dean:  “I was an end user of TILOS Software and really struggled with learning TILOS. I made a lot of my own mistakes. The opportunity came up to work with Lorne Duncan, the only other Trimble Certified trainer in the Americas to collaborate on a thorough, well organized TILOS training program and I went for it. What we’ve built together is extremely comprehensive and includes step-by-step procedures and screenshots in both English and Spanish

Click here to learn more about TILOS Software training courses 

 

 

TILOS Free Online Tutorial: Training Videos

TILOS Tutorial Training Videos:

The following five TILOS Tutorial Training Videos cover TILOS Linear Scheduling Software Basics.

Did you know you can get personalized, web based TILOS Training from certified TRIMBLE TILOS Trainers, for less than you may think? Click here to get more information about TILOS Software Training.

 

Creating A New Project In TILOS Software.

This video covers creating a new project from scratch in TILOS:

 

 

Setting Up Tasks & Templates Using TILOS Scheduling Software.

This video covers how to set up tasks and templates in your new linear project.

 

 

Planning Resources In TILOS Software.

This video covers how to plan & allocate resources within the linear project schedule.

 

 

Interacting between GANTT & Time Distance Charts In TILOS.

This video covers how you can interact between GANTT charts (usually imported from P6 or MS Project) and TILOS Time Distance or March Charts.

 

 

Printing A Time Distance Chart In TILOS.

This video shows you how to print your linear project plan on just one page, using TILOS Linear Scheduling Software.

 

 

Custom TILOS Training is available in person, on-site at your organization, or via webinar. Basic, Advanced, Integration and Custom TILOS Software Training courses are available from North America’s only TRIMBLE Certified TILOS Trainers. Click to view the TILOS Training Courses

TILOS Linear Infrastructure Project News | June 2017

(Photo Copyright David Michael Lamb/CBC) http://www.cbc.ca/news/multimedia/driving-to-the-top-of-the-world-exploring-canada-s-new-arctic-highway-1.4073615

TILOS Software | Linear Infrastructure Investment Project News | June, 2017

Each month TILOS Americas publishes Linear Scheduling News, a curated selection of articles about infrastructure projects, linear scheduling, and all things TILOS. This month’s news can be summarized in a lot of talks and agreements around Linear Infrastructure Investments.

Final Winter Construction Completed On First Public Highway to The Arctic Ocean.

Canada will at last be connected coast to coast to coast with the completion of the Inuvik-Tuktoyaktuk highway, which will be the first public highway to the Arctic ocean.

After four years of construction in brutally harsh conditions, the last 137 kilometres connecting Inuvik to Tuktoyaktuk, on the shores of the Beaufort Sea are complete. 

Image Credit CBC.ca: Crew members standing on the gravel where the two sides of the Inuvik to Tuktoyaktuk Highway met. (EGT Northwind)

 

Slated to open November 2017, this $299 million project is expected to decrease the cost of living and increase tourism in the remote areas of Canada’s north.

South America To Benefit From China’s Global Infrastructure Investment:

On May 14th & 15th the leaders of 27 countries met to discuss implementation of the Belt & Road initiative, Chinese President’ Xi Jinping’s proposed development strategy. Primarily designed to increase China’s global leadership through investment in infrastructure the development plan may extend as far as Latin America.

People take pictures of the ”Golden Bridge on Silk Road” installation by artist Shu Yong, set up ahead of the Belt and Road Forum in Beijing, China May 10, 2017. | Photo: Reuters

Chilean President proposed several options for Latin American involvement, such as a possible joint investment in “a Trans-Pacific optic fiber cable to improve digital connectivity or tunnels and highways across the Andes Mountains and ports to link South America to Asia.”

In 2015, Xi had pledged to double bilateral trade between China and Latin America to $500 billion and increase investment to $250 billion over the next decade.

 

Blackstone, Saudi’s PIF plan $40 billion investment fund to rebuild US “crumbling” infrastructure

During the Saudi-US CEO Forum 2017, May 20th, billions of dollars of deals were signed. US President Donald Trump participated in talks to to raise $40 billion in international investment, primarily for US infrastructure.

The Public Investment Fund, Riyadh’s main sovereign wealth fund, and U.S. private equity firm Blackstone said they were studying a proposal to create a $40 billion vehicle to invest in infrastructure projects, mainly in the United States.

The vehicle would obtain $20 billion from the PIF and with additional debt financing, might invest in over $100 billion of infrastructure projects – a political boon to Trump, who has said he wants to rebuild crumbling U.S. infrastructure.

The new fund “reflects our positive views around the ambitious infrastructure initiatives being undertaken in the United States as announced by President Trump,” the PIF’s managing director Yasir al-Rumayyan said.

 

Australian super funds “ready” to invest in Latin American infrastructure projects

Australian’s Industry super funds investments in European, North American and Australian airports, seaports, railways, highways and utilities total some AUD75bn, and now this powerful private capital organization is ready to reinvest in Latin America.

Stephen Anthony, chief economist of the Industry Super Association, told an audience of bankers and industry players from Chile, Mexico, Colombia and Peru that Australian industry super funds are ready to go to Latin America.

He named six countries as the “first targets”: Chile, Mexico, Brazil, Columbia, Argentina and Peru, naming the former two as the more mature markets.

 

About TILOS Americas

A favourite of leading infrastructure companies across the globe, TILOS linear scheduling software gives Project Planning Managers, Contractors, and Project Owners the ability to create and execute a reliable, comprehensive and easy to communicate linear project plan.

Trimble TILOS software was developed specifically to address the unique challenges of linear projects such as roads, railway, pipeline, bridges for professionals in the construction, engineering and energy sectors.