Market Moves: Infrastructure Insider - Mar 8th, 2024
 
 
More clean energy is coming to rural and remote communities.
Market Moves: Infrastructure Insider | View online
 
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March 8, 2024
From the Editor

In the last edition of Market Moves Infrastructure, we led with contention over water funding. This time around, we take a more positive look at where nearly $6 billion in water infrastructure funding is going. We'll also focus on the state of the construction industry; technology and sustainability are transforming the sector, but a threat to its growth still looms. 

If you’ve become a fan of this newsletter and want more from other sectors, check out Endeavor Business Media’s Market Moves covering EVs, cybersecurity, energy, and more right here.

– Jennifer Ramsay

 

Almost half the funding will be available as grants or principal forgiveness loans, ensuring funds reach underserved communities most in need.
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Tranche 2 could cost up to $23 billion and supports the next evolution of the system.
Source: bbernard / Shutterstock.com
The funds will be spent on 17 projects in rural and remote communities, including tribal areas.
construction helmet training
The programs had 250,000 participants in FY23, but only 18% completers.
epa-appoints-bruno-pigott-to-lead-office-of-water
Pigott served under former Office of Water Assistant Administrator Radhika Fox, who moved to Xylem in February.
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More than half of North American respondents said sustainability is important.
58% of construction professionals expect sustainability to become "important" over the next five years.
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VR, robots, and blockchain are just some of the technologies predicted to redefine the sector.

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