NMSIC commits €500m to infrastructure
AI Article Summary
The New Mexico State Investment Council has announced a commitment of €500 million to infrastructure projects. This includes several new investments in CVC DIF funds, which support various infrastructure developments. The commitment is part of the council's broader strategy to enhance infrastructure assets.
What This Means for Canadian Contractors
This project shows how large-scale commitments can drive infrastructure development, potentially influencing similar investment strategies globally. For Canadian builders, this means increased competition for funding as more entities may seek similar investments to boost their infrastructure projects. This could impact timelines and costs for securing such funds.