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# 🌆 Infra Futures #12
- URL: https://newsletters.qs.com/infra-futures-12/
- Published: 2024-10-14T11:30:37.000Z
- Updated: 2024-10-14T11:30:36.000Z
- Description: HolonIQ's Infra Newsletter covers the latest developments in energy infrastructure, transport infrastructure, and buildings and highlights the week's top infrastructure deals.
- Author: QS
- Tags: Green Skills

**Happy Monday 👋** 

NETSCOUT's 2024 report reveals a [55% surge](https://techinformed.com/rising-politically-motivated-ddos-attacks-netscout-2024/?ref=newsletters.qs.com) in DDoS attacks on critical infrastructure in Europe and the Middle East, driven by increased hacktivist group activities. Thailand's Ministry of Transport launched a [$78B](https://en.vietnamplus.vn/thai-transport-ministry-launches-268-trillion-thb-infrastructure-project-post297751.vnp?ref=newsletters.qs.com) infrastructure investment to modernize transportation and support sustainable logistics. A semi-autonomous lift-assist vehicle is being tested for more efficient [solar panel installation](https://www.constructionbriefing.com/news/construction-trial-for-semi-autonomous-lift-assist-vehicle/8039557.article?ref=newsletters.qs.com) in the US. Ireland allocated $8.5B to housing in its [2025 budget](https://www.constructionbriefing.com/news/what-does-ireland-s-2025-budget-mean-for-construction-/8039524.article?ref=newsletters.qs.com#:~:text=The%20Irish%20government%20has%20unveiled,and%20support%20climate%20sustainability%20initiatives.), with $2.1B for 10,000 social homes, $3.2B for climate projects, and $1.6B for workforce development. Viennese PropTech company Gropyus raised an additional [$105.6M](https://www.trendingtopics.eu/gropyus-wiener-proptech-holt-weitere-100-mio-euro-investment/?ref=newsletters.qs.com) to build sustainable, networked, and affordable wood-hybrid multi-family homes.

## 🏗️Energy Infrastructure  

**🔋 Surge in DDoS Attacks on Critical Infrastructure.** NETSCOUT's 2024 report says DDoS attacks on critical infrastructure in [Europe and the Middle East](https://techinformed.com/rising-politically-motivated-ddos-attacks-netscout-2024/?ref=newsletters.qs.com) increased by 55% over four years, fueled by hacktivist groups.

**🔌 India Announces Subsidy for EV Charging Infrastructure.** The Indian government announced a plan to subsidize the deployment of [72,300 public charging stations](https://auto.economictimes.indiatimes.com/amp/news/industry/new-plan-to-subsidise-charging-stations-for-2-and-3-wheelers/113923282?ref=newsletters.qs.com), with 48,400 stations for two- and three-wheelers and 1,800 for buses, through an allocation of $240M. 

**⚡ Bulgaria and US Expand Energy Cooperation for Nuclear Power.** Bulgaria and the US have agreed to extend the scope of their Intergovernmental Agreements on energy, specifically cooperating to [build new nuclear capacity](https://ceenergynews.com/nuclear/bulgaria-and-us-extend-scope-of-cooperation-in-energy-sector/?ref=newsletters.qs.com) at the Kozloduy Nuclear Power Plant.

## 🚘Transport Infrastructure  

**🚧 Thailand's Ministry of Transport Launches Massive Infrastructure Investment.** The Thai Ministry of Transport is launching a [$78B investment](https://en.vietnamplus.vn/thai-transport-ministry-launches-268-trillion-thb-infrastructure-project-post297751.vnp?ref=newsletters.qs.com) initiative to upgrade the country's transportation infrastructure and support sustainable logistics.

**🛣️ US$15B Nigeria-Ivory Coast Road Connection Planned.** A $15B highway project is being planned to connect Lagos, Nigeria, to Abidjan, Ivory Coast, passing through Benin, Togo, and Ghana. The [1,068km](https://worldhighways.com/wh10/news/us15-billion-nigeria-ivory-coast-road-connection?ref=newsletters.qs.com) Lagos-Abidjan Corridor Highway, approved by ECOWAS, is set to boost economic integration and development in West Africa.

**🚈 New Railway Station at Rotterdam Port Boosts Freight Capacity and Reduces Emissions.** The Rotterdam Port Authority is building a new railway station at Rotterdam Port that will increase freight capacity and [reduce CO2 emissions by 30%](https://www.railway.supply/en/construction-of-a-railway-station-at-rotterdam-port-to-be-completed-by-2027/?ref=newsletters.qs.com), supporting sustainable logistics growth.

## 🏛️ Buildings  

**🏗️ Semi-Autonomous Lift-Assist Vehicle Aids Solar Panel Installation.** A [semi-autonomous lift-assist vehicle](https://www.constructionbriefing.com/news/construction-trial-for-semi-autonomous-lift-assist-vehicle/8039557.article?ref=newsletters.qs.com) is being trialed to help workers install solar panels more efficiently on a solar farm in the US.

**🏢 Construction of World's Tallest Building to Resume With New $1.9B Contract.** Saudi Binladin Group, the original contractor, secured a new $1.9B contract to resume and complete the construction of the [Jeddah Tower](https://gulfbusiness.com/worlds-tallest-tower-jeddah/?ref=newsletters.qs.com) in Saudi Arabia within 42 months.

## 🏫Social Infrastructure  

**🏗️ Ireland's Budget 2025 for the Construction Sector.** In 2025, the Irish government is allocating $8.5B to the Department of Housing, with $2.1B dedicated to building 10,000 social homes. They are also investing [$3.2B in climate transition projects](https://www.constructionbriefing.com/news/what-does-ireland-s-2025-budget-mean-for-construction-/8039524.article?ref=newsletters.qs.com#:~:text=The%20Irish%20government%20has%20unveiled,and%20support%20climate%20sustainability%20initiatives.) and $1.6B in workforce development.

**🏙️ Centre's initiative for urban poor workers across 25 cities.** The Indian government is preparing a pilot project of $21.6M to support urban poor workers [across 25 cities](https://indianexpress.com/article/india/centre-plans-common-interest-groups-social-infra-micro-credit-for-urban-poor-workers-across-25-cities-9605710/?ref=newsletters.qs.com) by forming common interest groups, providing social infrastructure, and offering micro-credit.

## **💰** Infra Deals  

**🏠 Viennese PropTech Gropyus Raises Additional $105.6M Investment.** Gropyus, a PropTech company based in Vienna, secured an additional [$105.6M](https://www.trendingtopics.eu/gropyus-wiener-proptech-holt-weitere-100-mio-euro-investment/?ref=newsletters.qs.com) in investment. They build sustainable wood-hybrid multi-family houses that are fully networked and affordable.

**🏗️ South Korean firm buys stake in Edinburgh Airport.** Hanwha Investment & Securities, a South Korean securities firm, announced that it [acquired](https://www.mk.co.kr/en/stock/11133364?ref=newsletters.qs.com) a 5.4% stake in Edinburgh Airport in Scotland for around 126 billion South Korean won.

**✈️ KKR Acquires Leading Near-Airport Parking Provider The Parking Spot.** KKR, a global investment firm, [acquired](https://www.parking.net/parking-news/kkr-acquires-the-parking-spot?ref=newsletters.qs.com) The Parking Spot, a leading near-airport parking provider, from Green Courte Partners.

**🏗️ JPMorgan Chase Acquires Stake in Eagle Materials Inc.** JPMorgan Chase & Co., a major financial institution, [acquired](https://uk.finance.yahoo.com/news/jpmorgan-chase-cos-strategic-acquisition-190227948.html?ref=newsletters.qs.com) a significant stake of 652,614 shares in Eagle Materials Inc., a building materials company, on September 30, 2024.

**🖥️ NV5 Global Expands Data Center Services Through Acquisitions.** NV5 Global, a provider of professional and technical engineering and consulting solutions, [acquired](https://greenstocknews.com/news/nasdaq/nvee/nv5-strengthens-u-s-data-center-services-with-acquisition-of-two-data-center-commissioning-and-energy-management-companies?ref=newsletters.qs.com) two companies specializing in data center commissioning and energy management to strengthen its data center services in the United States.

🏢 **Fidelity Building Services Group Expands into Maine with Acquisition.** Fidelity Building Services Group, a leading provider of HVAC/Mechanical Services, Building Automation, and Energy Services, expanded into Maine through the [acquisition](https://www.prnewswire.com/news-releases/fidelity-building-services-group-expands-into-maine-with-the-acquisition-of-nason-mechanical-systems-302267842.html?ref=newsletters.qs.com) of Nason Mechanical Systems.

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