Global engineering and construction firms expect backlogs to increase next year because of owner and consumer demand, as well as expansion into regions such as the Middle East, Australia, Africa and India, according to a recent survey by KPMG International. However, almost half the firms surveyed think project financing will be a major obstacle, and [...]
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From the Boston Globe: “Governor Deval Patrick plans today to unveil a $3.8 billion bond proposal to repair 411 deteriorating bridges throughout the state over the next eight years, a project he will argue not only improves road safety but also pumps cash into the economy to buffer Massachusetts from a recession…” See Full Article
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