More than a simple network of roads and rails, infrastructure is a crucial building block of capitalism. Its ingredients – energy, metals, and materials – are all traded on the stock exchange, and these trades have far-reaching impact. Governments are just now realizing that there is money to be made from trading infrastructure, making this one of the hottest markets around.
The US government's Recovery Act of 2009 made $275 billion available for federal contracts, grants and loans. Aside from education, transportation infrastructure work has received more federal contracts, grants and loans under the act than any other sector. Here, we take a look at the top 10 largest grants awarded by the Department of Transportation.
Posted: 22 Oct., 2010