Murray Rowden

Managing Director for the Americas & Global Head of Infrastructure at Turner & Townsend
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  • “We believe that the Biden administration has the right idea already. Infrastructure investment is now, and has been in the past, the best and fastest way to restart the economy,” said Murray Rowden, regional managing director for the Americas and global head of infrastructure at Turner & Townsend. “Analysis by S&P Global in May 2020, when the U.S. was at the peak of its national shutdown, looked at two economic scenarios — one with an infrastructure investment and one without,” Rowden continued. “Their analysis found that if the U.S. invested $2.1 trillion into public infrastructure spending over a 10-year horizon, it could create 2.3 million jobs by 2024 as the work is being completed, helping those millions of unemployed workers displaced by COVID-19. But, the productivity boost from the infrastructure investment, if done wisely, could add as much as $5.7 trillion to the U.S. over the next decade. The estimated potential real GDP growth over the next 10 years would be lifted to 2.2% from 1.7%.”

    22 March 2021
  • Infrastructure investment is the key to supporting vulnerable communities, strengthening the economy in remote areas and maintaining and improving them in densely populated areas. Financial investment will need to be expedited, diversified and consistent to keep society moving and connected for today and in the future.

    7 December 2020
  • “The wind energy market continues to move forward with policies promoting offshore wind as one of the next major opportunities for long-term industrial development. While opportunity exists, several challenges still need to be addressed and overcome including environmental and fishery impacts, grid connection and capacity, and federal permitting processes,” Rowden told POWER. “In addition, the Jones Act, which regulates coastal shipping, demands that large construction and installation vessels operating out of U.S. ports will have to meet certain U.S. crewing and ownership requirements, effectively excluding European shipping assets. While issues like this will impact the ability to replicate European operating models, it does also open up the opportunity for innovative installation strategies.”

    7 December 2020
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    1 December 2020
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    7 December 2020
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    7 December 2020
Employment
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  • Turner & Townsend
    Managing Director for the Americas & Global Head of Infrastructure