JT Acquisitions - Global Solutions

Government procurement of goods, services and works on behalf of a public authority, such as a government agency. Amounting to 12 percent of global GDP in 2018, government procurement accounts for a substantial part of the global economy.

THE GLOBAL CONSTRUCTION INDUSTRY OUTPUT WAS TOTALED US $10.8 TRILLION IN 2017, AND THIS FIGURE IS EXPECTED TO REACH US $12.9 TRILLION BY 2022, THEN GROW BY 3.4% TILL 2023, ACCORDING TO A RECENT MARKET REPORT FROM GLOBAL DATA.

In 2020, U.S. total annual petroleum net imports (imports minus exports) from foreign countries averaged -65 million barrels per day (b/d).1 In other words, total annual U.S. petroleum exports in 2020 were 0.65 billion barrels per day greater than petroleum imports.

The objective of the Port Master Plan is to establish policies and guidelines to direct the future development of the Port of Los Angeles. The Plan is designed to better promote and safely accommodate foreign and domestic waterborne commerce, navigation and fisheries in the national, state and local public interest.