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$109bn US transportation bill is key to boosting stagnant construction market
February 11, 2012 - 00:16 GMT
Location:
New York
KEYWORDS:
Senate
,
House
,
infrastructure spending
,
construction
,
short-term extension
,
highway
,
bridges
A bill that would inject $109 billion over a two-year period into the nation’s highway, transit and bridge infrastructure projects cleared a hurdle Thursday in the Senate, which voted 85-to-11 to allow the proposal to move to debate this coming week.
The House bill is part of the Republican-backed American Energy and Infrastructure Jobs Act and will likely be packaged with the recently fast-tracked Keystone XL oil pipeline bill...
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Euromoney Institutional Investor PLC.
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