Blackstone, Saudis set to invest $40 billion in primarily U.S. infrastructure

[NYcarbineer]

A company founded by one of President Trump's top supporters and Saudi Arabia's sovereign wealth fund announced plans Saturday to invest $40 billion in infrastructure projects, mostly in the U.S.
Blackstone said PIF had committed $20 billion to the project. Blackstone and PIF expressed optimism about the fund.

Blackstone is not the only American company to strike a business deal with the Saudis. General Electric and Lockheed Martin have both announced business deals with the Middle Eastern kingdom, which is working to diversify its economy.
Blackstone, Saudis set to invest $40 billion in primarily U.S. infrastructure

I guess other things were accomplished outside of curtsy's etc.

Is Trump selling Yellowstone to the 9/11 Arabs?

They're going to build a mosque and a casino there.

 

[danielpalos]

Would someone please explain, if you can, what exactly 'investing in infrastructure projects' consists of ?

Post roads and post canals?

 

[danielpalos]

We know despite the MSM's lack of interest that the Saudi kingdom was the biggest contributor to the "Clinton Global Initiative" until Hillary lost the election and no longer could sell political influence and the CGI virtually dried up. The question is whether it's good news or bad news to the left that the Saudis are investing in the construction of American infrastructure instead of contributing to left wing political scams.

Infrastructure sounds good; we need to upgrade our grid and increase capacitance.

 

[danielpalos]

A company founded by one of President Trump's top supporters and Saudi Arabia's sovereign wealth fund announced plans Saturday to invest $40 billion in infrastructure projects, mostly in the U.S.
Blackstone said PIF had committed $20 billion to the project. Blackstone and PIF expressed optimism about the fund.

Blackstone is not the only American company to strike a business deal with the Saudis. General Electric and Lockheed Martin have both announced business deals with the Middle Eastern kingdom, which is working to diversify its economy.
Blackstone, Saudis set to invest $40 billion in primarily U.S. infrastructure

I guess other things were accomplished outside of curtsy's etc.

Is Trump selling Yellowstone to the 9/11 Arabs?

Seems like we are finally getting some, capital plans.

 

[danielpalos]

This is how "shovel ready" should be done

Explain to us in detail what exactly is being done.

Infrastructure development can be a, "lagging indicator".

 

[NYcarbineer]

Would someone please explain, if you can, what exactly 'investing in infrastructure projects' consists of ?

Post roads and post canals?

Something like that. It's not about public highways and bridges and what a lot of people tend to think about when they hear 'infrastructure'.

 

[danielpalos]

Would someone please explain, if you can, what exactly 'investing in infrastructure projects' consists of ?

Post roads and post canals?

Something like that. It's not about public highways and bridges and what a lot of people tend to think about when they hear 'infrastructure'.

Catching up on deferred maintenance, should be a "job" in itself.