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Funding Uncertainty Puts Chill On Future Transportation Projects

Publication Date: 10-DEC-08
Author: Bruce Buckley
Format: HTML

    
Description:
After a year that had many firms on track for record revenue in transportation, the economic crisis that now spans the globe has raised fears that many future projects could be derailed in the coming months. Although market observers see significant continued demand for transportation work, future funding streams remain uncertain as governments grapple with sagging tax revenue, private developers retrench and the credit market threatens public-private partnerships.
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