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A report published by HSBC suggests that global infrastructure-related trade growth will double worldwide economic expansion and will triple in size by 2030. The report also suggests that Brazil and Mexico will drive the rise in imports and exports of infrastructure-related goods in Latin America, according to Business News Americas. HSBC said that between 2013 and 2030, infrastructure-related trade looks set to grow at an average of 9%/year. It will also see a rise in its share of overall merchandise trade

UK road safety charity IAM (Institute of Advanced Motorists) is calling on the Conservative party to take its “once in a generation” opportunity to refresh how people, especially young people, learn to drive by publishing its much promised Green Paper on new drivers as soon as possible. Road crashes are the biggest killer of young people in the Britain today. In 2011, 412 people died in incidents involving young drivers. It is four months since the Government revealed its plans to publish a Green Paper,

The Colombian government's recently unveiled infrastructure programme for highway construction over the next 10 years is tipped to raise demand for surety products owing to government contracts requiring surety insurance to protect public resources. Higher demand of these types of P&C insurance coverage will help insurers absorb their fixed costs, thereby improving underwriting results and reducing insurers' reliance on investment yields to sustain their profitability, Moody's has claimed in a report.

American Road & Transportation Builders Association (ARTBA) president and CEO Pete Ruane has highlighted issues for transport caused by the impact of the US Government shutdown. “Improving the efficiency of the environmental review and approval process was one of the signature achievements of the 2012 surface transportation law—MAP-21. Achieving this goal was a clear priority for members of Congress from both parties and chambers. “Major highway and bridge projects can take between nine and 19 years to

Themed ‘Improving Road Safety – Solutions that Work’, the recent TISPOL (European Traffic Police Network) Conference 2013 in Manchester refocused efforts to improve road safety across Europe, while outlining future initiatives to drive down road accident levels even further.

Tajikistan and Kazakhstan are both investing in transport infrastructure, with an array of new projects planned. In Tajikistan the Ministry of Finance is budgeting a healthy US$1.6 billion for transportation projects in the period from 2013-2014. These include construction and reconstruction of roads, highway and railway bridges, and tunnels. Further details will be available in due course as to the roads and highways being built. Meanwhile a loan from the Asian Development Bank to Kazakhstan will help

A new road link has been constructed that connects the German municipalities of Weil am Rhein and Lörrach. The road has taken seven years to construct and includes a 347m long tunnel. Located in the South West of Germany, the road actually passes through Switzerland and has cost around €100 million to construct.