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« China to spend 150 bln yuan on railways in coal region | Main | Leighton JV inks $2bn Dubai airport deal »

December 8, 2008

Obama promises to spend billions on infrastructure

PRESIDENT-ELECT Barack Obama has promised the biggest investment in public infrastructure the United States has seen since the federal highways programme in the 1950s but warned that the economy would get worse before it gets better.

In his most extensive interview since the election, Mr Obama told NBC's Meet the Press it was more important to provide "a blood infusion" to the economy than to limit the federal deficit.

Full Story...

Posted by boyang at December 8, 2008 4:20 AM