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Engineering: issues, challenges and opportunities for development ...

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ENGINEERING FOR DEVELOPMENT: APPLICATIONS AND INFRASTRUCTUREStimulus Packages: Infrastructure Component (continuation)Country Instrument Date Total InfrastructureChina Announcement 10 Nov 08 US$ 600 billion US$ 540 billionChina,Hong KongUS$ 7.2 billionChina, Taipei US$ 1.8 billionEgypt Dec 08 US$ 2.7 billionFrance US$ 32.8 billion US$ 13.2 billionGermany1st <strong>and</strong> 2nd StimulusPackagesDec 08 - Jan 09 US$ 64.3 billion US$ 17.6 billionHungary US$ 6.5 billionIndia 7 Dec 08 <strong>and</strong>2 Jan 09US$ 60 billionUS$ 33.5 billionIsrael Nov 08 US$ 5.7 billion US$ 2.9 billionItaly US$ 101 billion US$ 20.9 billionJapan Aug - Dec 08(3 packages)US$ 133 billionKorea Nov 08 US$ 11 billion US$ 7.8 billionMalaysia 4 Nov 08 US$ 1.9 billion US$ 0.9 billionNetherl<strong>and</strong>s US$ 7.6 billionPeru 8 Dec 08 US$ 3.3 billionPortugal US$ 8.3 billionRussia USD 12.7 billion US$ 20 billionSingapore Announcement 23 Jan 09 US$ 14.9 billion US$ 3.2 billionSpain US$ 47.9 billion US$ 11.3 billionSweden Announcement 5 Dec 08 US$ 1.1 billion US$ 0.1 billionSwitzerl<strong>and</strong> Government approved US$ 0.8 billionThail<strong>and</strong> Government approved 16 Jan 09 US$ 3.6 billionUK Announcement Nov 08 US$ 30 billionUSAAmerican Recovery<strong>and</strong> Reinvestment Actdraft15 Jan 09 US$ 550 billion US$ 180 billionVietnam US$ 6.0 billion US$ 3.0 billion249

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