Economic Development

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X @The Wall Street Journal
The Wall Street Journal· 2025-07-23 12:12
Industry Overview - Steel industry is booming in Mississippi County, Arkansas [1] Challenges - A significant challenge is attracting steelworkers to relocate to its rural towns [1]
X @Bloomberg
Bloomberg· 2025-07-22 12:49
Two planned megaprojects in Mozambique that could change its economic trajectory finally seem to be gaining momentum https://t.co/0gP7dl5UGV ...
X @Bloomberg
Bloomberg· 2025-07-16 00:04
How India's Mumbai is spending billions to get rid of extreme traffic and messy roads to compete with global finance hubs like Hong Kong and Singapore. https://t.co/JrJLzCzrFV ...
Fairfax Welcomes Mr. Amitabh Kant as Senior Advisor
Globenewswire· 2025-06-26 11:45
Group 1 - Fairfax Financial Holdings Limited has appointed Mr. Amitabh Kant as a Senior Advisor, bringing over four decades of public service experience and expertise in economic development and innovation [1][2] - The company anticipates significant opportunities in India as it aims to transition from a $4 trillion economy to a $30+ trillion economy by 2047, particularly through the "Viksit Bharat" initiative [2][3] - Fairfax and its affiliate, Fairfax India, are already invested in critical sectors such as infrastructure, urbanization, financial services, logistics, and mobility, which are essential for India's economic transformation [2][3] Group 2 - Mr. Kant played a pivotal role during India's G20 presidency, focusing on digital public infrastructure, climate finance, and multilateral reform, and has a history of unifying stakeholders for development goals [3] - His leadership in initiatives like the Aspirational Districts Programme and reforms under the Make in India and Startup India campaigns significantly improved India's Ease of Doing Business rankings by 79 places [3] - The company values Mr. Kant's integrity and alignment with its core values, aiming to enhance long-term objectives and deliver lasting value for investors and stakeholders [4]
Lousiana Gov. Jeff Landry on Meta's $10 billion data center investment
CNBC Television· 2025-06-25 19:13
So this year, as CNBC searches for our top state for business, Scott Con is visiting what could be the biggest data center yet. It's being backed by META, and it's going to require a lot of electricity to run it. Scott is at the construction site in Richland Parish, Louisiana with a very special guest.Scott, hey, Brian. Yeah, 10 billion dollars they're pumping into this. It is a big deal.This will be the largest data center uh in the Western Hemisphere at least. And we're about to talk to someone who was in ...
F.N.B. Corporation Commits Nearly $50 Million to Drive Economic Growth in Rural Business Districts and Historic Neighborhoods
Prnewswire· 2025-06-24 14:00
Core Points - F.N.B. Corporation has launched the FNB Main Street Revitalization Program, a nearly $50 million initiative aimed at preserving and improving historic facades, fostering commerce, and driving economic growth in rural business districts and historic neighborhoods [1][4] - The program will begin with the renovation of the historic Greenville, PA branch, which was originally established in 1864 [3][9] - The initiative includes grants for facade improvements, a low-interest loan program, and a planned investment of approximately $15 million in the rehabilitation of several historic FNB branches [5][8] Group 1: Program Components - The FNB Main Street Revitalization Program consists of three main components: grants for exterior improvements, a low-interest loan program, and investments in historic branch renovations [2][8] - Grants will support projects that enhance and preserve historic building facades, with technical assistance provided by the Pittsburgh History & Landmark Foundation (PHLF) [5][7] - The loan program aims to facilitate over $30 million in financing for small businesses, with special promotional terms for grant recipients [6][8] Group 2: Community Commitment - The program reflects F.N.B. Corporation's commitment to rural and historic business districts, addressing the lack of investment in these communities [4][11] - Local officials, including Governor Josh Shapiro and Senator Dave McCormick, have expressed support for the initiative, highlighting its potential to invigorate local economies [11][12] - The incorporation of government tax credits into the program has garnered attention for its potential to influence economic development in disinvested areas [10] Group 3: Renovation Plans - Renovation plans for the Greenville branch include restoring its 19th-century aesthetic, focusing on facade work and interior finishing details [9] - The company expects to begin construction within the year, aiming to enhance the local commercial district and attract visitors [3][9] - The program's approach to beautifying historic facades is intended to promote tourism and accelerate business formation in the area [4][11]
The rise of second-tier cities in India | Aditya Prakash | TEDxAIIMSBhubaneswar
TEDx Talks· 2025-06-12 15:46
[Music] Hello everyone. Sorry I'm a little bit loud. I'll just quickly jump into what I want to say as I have a flight to catch in a little bit.When I was 22 years old, I launched Bhuvaneshwar's largest residential project till date. Many people came to me and they told me that my ambitions might lead me astray. They said that Bhneshwar doesn't have the appetite for such high quality real estate.And on top of that, I launched this project in March 2020 during the peak of the pandemic. Despite all odds, we s ...
Toppoint Holdings Signs Potentially Transformative MOU with the Municipalidad Distrital de Chancay, Peru to Develop Sustainable Waste Management System
Globenewswire· 2025-06-11 13:00
Core Insights - Toppoint Holdings Inc. has signed a Memorandum of Understanding (MOU) with the Municipalidad Distrital de Chancay, Peru, to develop a sustainable waste management system in response to the increasing waste generation due to the construction of the Chancay Mega Port [1][2][3] - The partnership aims to address the challenges posed by Construction and Demolition (C&D) waste and Industrial Commercial Waste while promoting environmentally responsible practices and long-term economic sustainability [2][3] Company Overview - Toppoint Holdings Inc. specializes in the transport of wastepaper, scrap metal, and wooden logs, serving large waste companies, recycling centers, and commodity traders [4] - The company has expanded its operations into recycling export transport markets across various U.S. cities and Ensenada, Mexico, as of 2024 [4] Industry Context - The Chancay region is rapidly transforming into a major logistics and trade hub in South America, driven by the development of the Chancay Mega Port, which is expected to reshape the region's role in global commerce [3] - The ongoing industrial growth and urbanization in Chancay necessitate modern waste management systems to protect public health and the environment [3]
Georgia Power names Arthur Tripp as vice president of Economic Development
Prnewswire· 2025-06-09 18:15
Core Insights - Georgia Power has appointed Arthur Tripp as the new vice president of Economic Development, succeeding Walt Farrell [1][2] - The company has a strong reputation for economic development, having contributed to over 1,100 projects that resulted in more than 214,000 new jobs and nearly $89 billion in capital investment [4] Company Overview - Georgia Power serves 2.8 million customers and is the largest electric subsidiary of Southern Company [6] - The company is committed to delivering clean, safe, reliable, and affordable energy, with a diverse generation mix including nuclear, coal, natural gas, and renewables [6] Leadership Background - Arthur Tripp has extensive experience in economic development, previously serving as the state executive director of the USDA Farm Service Agency in Georgia and as a senior policy advisor [2][3] - Tripp holds a bachelor's degree in political science from the University of Georgia and has been actively involved in various leadership programs and boards [3]
Alliant Energy(LNT) - 2025 Q1 - Earnings Call Transcript
2025-05-09 15:02
Alliant Energy (LNT) Q1 2025 Earnings Call May 09, 2025 10:00 AM ET Company Participants Susan Gille - Manager of Investor RelationsLisa Barton - Director, President & CEORobert Durian - EVP and CFOJames Kennedy - Vice PresidentNicholas Campanella - DirectorPaul Fremont - Managing DirectorAndrew Weisel - DirectorPaul Zimbardo - Managing Director Conference Call Participants Rinny Singh - Equity Research Analyst Operator Thank you for holding, and welcome to Alliant Energy Energy's First Quarter twenty twent ...