Propelled by hundreds of millions of dollars in government grants and private donations, the burgeoning arts scene has in turn spurred a surge of capital development projects; several major cultural buildings are either under construction or already completed.
The maker of flash memory cards said it will use the proceeds to repay a portion of senior notes originally due in 2006, now maturing in 2013, as well as for capital expenditures, development projects, and general working capital.
We're starting to see a little bit of a push toward using that capital for development projects again.
The Indian budget represents a move away from capital-intensive development projects by shifting resources to rural-based industry.
The proposal, a product of a meeting yesterday between Prime Minister Mikhail M. Kasyanov and domestic oil executives, called for the government to offer guarantees of future tax rates and regulatory treatment only to the largest and most capital-intensive development projects.
David P. Glasel, JD '69, rejoined Barclay Damon as counsel in the firm's Albany and New York offices, where he advises for-profit and not-for-profit clients on enterprise development, project development, capital financing, certificates of need and licensing, and mergers, acquisitions, and reorganizations.
Unlike most developing countries, Saudi Arabia had an abundance of capital, and vast development projects sprung up that turned the once underdeveloped country into a modern state.
The service and construction sectors expanded over the past five years and could become a larger share of GDP if Tripoli prioritizes capital spending on development projects once political and security uncertainty subside.
The program's value is not lost on local leaders who increasingly see EB-5 as a way to attract vital capital for economic development projects.
