Transportation Research Board attendance was down as US COVID-19 cases rose, but participants spoke volumes about efforts underway and risks ahead to wisely spend billions coming to the sector.
Purple Line's new JV contractor Dragados-OHL will start in spring as state approves its contract on Jan. 26. Construction tab now is $3.4B, with opening four years past original estimate, say officials.
The worldwide sector is set to rise 2.3% a year in real terms, reaching $16.6 trillion by 2030, with four of the 10 fastest growing markets in Asia, says a London-based economic forecaster.
Bechtel, Webuild, Strabag and Dragados are among bidders for the $1.3B, 1.5-GW Coire Glas project in Scotland, but project revenue uncertainties remain.