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Driven by the demand for AI-ready cloud infrastructure, the market cap for global data center construction, currently valued at more than $250 billion, is set to double in less than ten years, reaching half a trillion dollars by 2034.

On November 7, 2024, the Transportation Security Administration (the “TSA”) published a Notice of Proposed Rulemaking (the “Proposed Rule”) that would mandate cyber risk management (“CRM”) and reporting requirements for certain surface transportation owners and operators, including certain pipeline, freight railroad, passenger railroad, rail transit, and over-the-road bus owners and operators.

In this article published by Construction Law, Angus Rankin, Mat Parente and Jess Webster explore some key points to consider in the decision-making process.

Japanese heavy-industries companies that typically act as contractor or supplier on projects are increasingly being invited to contribute as equity investors in the projects that they construct or supply major equipment to, thereby taking a role as a project sponsor while also performing their role as ‘Contractor’ in the supply chain.