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Showing posts with the label GDP

Funding Mechanisms for Aviation infrastructure

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  Funding Source for Aviation Infrastructure The aviation infrastructure has proven to be a motivator for sustainable economic development. Mapping out funding for aviation infrastructure will impact tourism and trade. It serves as the main mode of transportation to deliver humanitarian relief and response to crises and public health emergencies. It generates socio-economic benefits which help eradicate poverty by creating jobs and enhancing air connectivity. The Aviation infrastructure sector is forecast to grow from 36 million departures in 2015 to 60 million by 2030. Its global economic impact is estimated at $2.7 trillion, equivalent to 3.5% of world gross domestic product (GDP). Apart from being a major global source of employment generating 62.7 million jobs globally, the air transport industry invests substantially in vital infrastructure with $37 billion allocated to aviation infrastructure projects in 2014. Havelet Finance Limited  posed as a source of funding for aviation inf

Financing for the Aluminum and Metal Industry.

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  Financing for the Aluminum and Metal Industry. There is no doubt to say Financing aluminum and metal industries are key contributors to the global economy, providing well-paying jobs and key inputs for other major industries, including energy, advanced manufacturing, construction, and auto-making. Between 2021–2022, In 2021, steel industry employed over 14,000,000 workers and contributed over $90 billion to global gross domestic product (GDP). For the same year under review, aluminum industry employed approximately 500,000 workers and contributed $90.5 billion to global GDP. Metal and aluminum industries are deeply integrated, and underpin continental supply chains that strengthen the global competitiveness of the North American economy. Canada is a longstanding safe and secure supplier of steel and aluminum to the U.S. defense industry. Records have it that Canada imports more metal and steel from the U.S. than any other country in the world, accounting for nearly 45% of U.S. export