The long-term infrastructure developments unveiled by Singapore Prime Minister Lee Hsien Loong at a recent National Day Rally include plans to expand Changi Airport and relocate the country's seaport.
Generally speaking, there is no argument that Africa needs industrialization to provide jobs, reduce poverty and improve economies. Also, that it needs overseas investment for this to happen, and that China is in a good position to provide it.
President Dilma Rousseff of Brazil plans to build 11,000 kilometers (6,835 miles) of rail and grant wider access to existing privately operated lines to cut shipping costs by as much as 30 percent in the country. The auction of a concession to build and manage the first of a dozen railways costing a total $42bn will take place as early as October.
Figures for July show global air cargo traffic continuing the modest improvement trend experienced in June, according to the International Air Transport Association.