The modernization of the capital city was the main focus of the event.
These broad avenues of apartment blocks and shops, frequently contrived in Baroque fashion to create vistas converging on major public buildings, set a pattern that was widely followed in the expansion and modernization of European capital cities.
"The Lagos economic policy will be a continuation of the last 10 years, but speeding up many issues that have not been addressed like modernization of the capital markets and our tax system," said Jose de Gregorio, a University of Chile economist who is to have a major post in the new administration.
"We already have people signing up for Christmas Day," said Christopher M. Gordon, director of capital planning and Logan modernization at the Massachusetts Port Authority.
The prohibitive cost of capital investment for the modernization of sugar factory.
At this stage, under the banner of urbanization, modernization, and economic development, land and space were commercialized under the collaboration of capital and political power (Burawoy 2000, 2006; Shen, 2007: 282, 353), which created the miracle of the Chinese economy.
There are three basic categories of spending for the Army: "Near-term readiness, manpower and structure, and modernization plus capital investments," according to Murray's testimony.
Those political ambitions, they say, have inspired populist policies by Indian Railways that are at financial odds with modernization and capital investments.
