
Vietnam’s Infrastructure Boom
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
3-D printing has been around for decades but is now poised to disrupt the future of manufacturing. Also known as “additive manufacturing,” 3-D printing refers to the process of creating an object from data sources by layering materials according to programmed commands. With two of the world’s largest industrial giants, GE and Siemens, now incorporating additive manufacturing into their mass production operations, we could be approaching a technological tipping point.
Quotes and Quotas is a weekly digest of phrases and facts that help explain Asia’s infrastructure push.
In his inaugural address, President Donald Trump reiterated a central policy priority of his campaign: the need to invest in our nation’s crumbling infrastructure. Last week, Senate Democrats introduced their own $1 trillion infrastructure plan. What has garnered less attention is the critical demand for infrastructure overseas, estimated at $4 trillion annually, that presents significant strategic and commercial opportunities for the United States. Yet the infrastructure arena is also one of fierce competition where other countries are leading and U.S. firms are lagging. As officials who recently concluded their service at the U.S. Departments of Commerce and State, we traveled across the globe leading U.S. business delegations and engaging foreign officials in support of our companies and job creation at home. While the United States has made strides in shoring up its competitiveness in the infrastructure sector, more can and must be done.
With the “Belt and Road” initiative, the fast establishment of the Asian Infrastructure Investment Bank, the construction of ports and railways in Africa and elsewhere, and by pushing green energy, China is demonstrating what has been lost in the West in recent times.