May 16th, 2015 – India’s Prime Minister Narendra Modi announced that India is boosting investment in next-generation infrastructure. This announcement comes as India’s Prime Minister Narendra Modi is on an official visit to China. A Bloomberg article reports that India is committed to spending US$1 trillion to realize “China-like” infrastructure. The country is looking for innovative ways to fund this massive[…]
AMSTERDAM, March 28 — The Netherlands intends to join the Asian Infrastructure Investment Bank (AIIB), Prime Minister Mark Rutte said today, becoming the latest US ally to seek membership in the China-led institution despite Washington’s misgivings. Rutte announced the decision on his official Facebook page during a visit to China and after a meeting with President Xi Jinping. “There is[…]
In November 2014 the G20 world leaders agreed on an action plan to raise global growth and to deliver better living standards and quality jobs for people across the world. Infrastructure investment is positioned as the key component to achieve these goals. In the communique concluding the Brisbane Summit at 15-16 November 2014 this is expressed as follows: ‘Raising global[…]
