A 15-year-old bridge in Bihar’s Saran district collapsed on July 4, marking the third bridge collapse in the area within 24 hours. This incident adds to the alarming trend of bridge collapses in Bihar, with at least 12 bridges collapsing in the past 17 days. The recent collapses have raised concerns about the safety of bridges in the state, prompting investigations and a PIL in the Supreme Court.
Results for: Infrastructure
Italy has announced significant investments in Egypt’s infrastructure and sustainable mobility, focusing on railway development, smart transportation, and environmental sustainability. The initiatives, part of the ‘Mattei Plan for Africa’, were unveiled at the EU-Egypt Investment Conference in Cairo and include partnerships for building a luxury tourist train, upgrading railway signalling systems, and developing intelligent transport solutions.
The Delhi Metro Rail Corporation (DMRC) has announced its target to complete all three priority corridors of its Phase 4 expansion by 2026, adding 65 kilometers of new lines. Despite delays caused by the COVID-19 pandemic and land acquisition issues, DMRC has achieved 50% completion and aims to open the Janakpuri West to Krishna Park Extension by August 2024.
A portion of an under-construction bridge collapsed in Giridih, Jharkhand, adding to a recent string of infrastructure failures in India. This incident comes just days after a similar collapse in Bihar, raising concerns about construction standards and safety protocols.
The Federal Aviation Administration (FAA) has awarded over $123 million in grants to 235 airports across 35 states and the District of Columbia. The funding will support projects enhancing airfield safety and other improvements, aimed at modernizing airports and meeting the growing demands of air travel.
The recent monsoon season in India has highlighted safety concerns at several airports, with multiple canopy collapses attributed to heavy rainfall. These incidents have raised questions about the structural integrity of airport facilities and the pace of infrastructure development in the country.
A bridge under construction in Bihar’s Madhubani district collapsed on Friday, marking the fifth such incident in nine days. The 75-meter bridge, being built by the Rural Works Department, collapsed due to rising water levels caused by heavy rainfall in Nepal. This incident has raised concerns about the quality of infrastructure projects in the state.
Heavy pre-monsoon rains in Ayodhya have exposed infrastructure flaws, causing flooding, waterlogging, and even affecting the newly inaugurated Ram Mandir. The temple’s roof is leaking, and the city’s streets are submerged, raising concerns about hasty construction and inadequate planning.
State Bank of India (SBI) has successfully raised Rs 10,000 crore through 15-year infrastructure bonds, exceeding its initial target by a significant margin. The funds will be utilized to finance crucial infrastructure projects, including highways, power plants, and affordable housing. The bonds, offering a 7.36% annual coupon rate, attracted strong investor interest, underscoring the growing demand for long-term infrastructure investments in India.
Oman is experiencing a surge in tourism, driven by visa-free entry for citizens of 105 countries, significant infrastructure investments, and a thriving hospitality sector. The country welcomed over 4 million tourists in 2023, a 41.2% increase from the previous year, boosting the nation’s GDP and creating thousands of jobs.