President-elect Donald Trump has pledged to boost construction stocks and plans to spend $1 trillion over the next 10 years on infrastructure projects.
Trump will aim to spend more on repairing U.S roads, airports and other public infrastructure and increase stocks for the makers of construction equipment.
Aecom Chief Executive, Mike Burke comments: “Upgrading the infrastructure we have, and advancing what’s necessary to meet the demands of new growth will require national support for alternative delivery methods, including public and private partnerships.’’
Trump's ambitious plan to build a border wall between Mexico and the U.S. will also be heavily supported by this investment.
“If the wall were to be built, then we would of course be prepared to supply building materials for it,” said a spokesman for HeidelbergCement AG.
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