Italy: Bus with 38 passengers fell off a cliff-One dead and 13 injured The bus with 38 passengers overturned and fell into a cliff. There are at least 14 injured, some seriously. As reported by La Repubblica, the tragedy occurred at 4 am on the A16 Naples-Canosa motorway, in the direction of Naples, near the municipality of Vallesaccarda at km 101. The leading bus with 38 passengers - which had departed from Lecce with the destination in Rome - crashed into one of the stationary vehicles, causing it to overturn and fall down a cliff. Read more: https://www.grtimes.gr/diethni/italia-leoforeio-me-38-epivates-epese-se-gkremo?ref=storyteller&dicbo=v2-PJrPLu2

The first ever Smart City of Pakistan known as Capital Smart City Islamabad is a project by the collaboration of three big real estate developers in the market of Pakistan FDHL, SJ and HRL. It is an NOC approved project. It is located on the main Chakri road near Islamabad-Lahore Motorway(M2). For more details about the payment plan and booking procedure feel free to contact The MRL. Website: https://themrl.com/capital-smart-city-islamabad/.

Capital Smart City NOC Capital Smart City Islamabad falls in the territory, which comes under the jurisdiction of Rawalpindi Development Authority. The good news for investors and potential investors is that the RDA has already approved the Capital Smart City NOC. There are a bunch of other housing societies in the area where Capital Smart City is located but there are almost zero societies that have acquired NOC from RDA. Not only this, there is a general perception that RDA takes up to months and sometimes years to grant societies their NOC, but comparatively, Capital Smart City NOC was granted in record time. This all proves the legitimacy and potential of the project. If you want to confirm the status of NOC by yourself, you can check it on the official website of RDA. This project is listed under the list of legal/approved housing societies. Sometimes the Capital Smart City NOC status can appear as ‘under-review’ on the official website of RDA. That doesn’t indicate that it is an illegal project or does not have its NOC. The only reason behind it is that when a society is extended, it has to apply for NOC all over again, RDA conducts all its reviews again, and then the NOC is reviewed. CSC Islamabad keeps adding new blocks or expanding, and every time it does so, Capital Smart City owners and developers fulfill their legal obligation and apply for renewal of NOC. That neither makes the society illegal nor its already acquired NOC null and void. Islamabad Capital Smart City Location & Map The Islamabad Capital Smart City enjoys a premium location in the suburbs of Islamabad and Rawalpindi. The society lies near the Thalian Interchange on Islamabad – Lahore Motorway M2. The housing society is a 5-minute drive from New Islamabad International Motorway. On the other side, the housing society bisects Chakri Road from Rawalpindi. CSC is one of the only societies in the area that has a No Objection Certificate (NOC) from the Rawalpindi Development Authority (RDA). Also, this society has also been approved by the National Highway Authority (NHA) and FWO to construct a dedicated interchange on Lahore – Islamabad motorway. The location also lies in close proximity to the proposed Rawalpindi Ring Road as well as the upcoming China-Pakistan Economic Corridor (CPEC) route. According to the location and map of Islamabad Capital Smart City, the CSC is set to be constructed on a land area of 60000 Kanals. The river Sill and adjunct Chauhan Dam lie within the housing society. It is one of the only housing societies in the region that has access to natural water resources. Apart from this, the housing society is strategically located to enjoy undisrupted access from the major roads of Rawalpindi and Islamabad. https://dealanddeals.pk/capital-smart-city/

Outdoor Lighting Market Is Expected to Reach $20,269.7 Million by 2030 The worldwide outdoor lighting market was valued at $10,352.1 million in 2020, which is projected to reach $20,269.7 million at a CAGR of 7.0% during 2020−2030. The rising requirements for energy-efficient lighting, advancing initiatives of government toward the conservation of energy, and growing development of infrastructure are the key drivers for the growth. In addition, China is a major manufacturer of lighting devices and raw material and component exporter. Lighting has become a vital amenity to have at parking lots, streets and highways, large stadia, public parks, and other outdoor spaces. In 2020, based on lighting type, the LED lights classification held the greatest share of the outdoor lighting market. During the forecast period, the category is also predicted to become the fastest-growing. This will be due to the increasing use of LEDs as a source of light in a variety of applications, including parking lots, stadia, and roads. This will itself be because LEDs allow for more effective use of light settings, thus resulting in greater energy savings. Smart outdoor lighting is becoming popular in the outdoor lighting market, with potential applications in a variety of places, such as motorways and highways, city parks and public spaces, outdoor parking lots, university and college campuses, sports parks, and commercial sites. As power prices rise, a growing number of municipalities throughout the world are converting to smart lighting to save money, while enhancing system efficiency and maintaining public safety. Apart from energy savings of 40%−50%, smart lighting has many advantages, including automation, support for communication-connected infrastructure, and real-time diagnostics. Hence, due to the rising government focus on encouraging energy savings through the use of energy-efficient lighting sources, primarily LEDs, the outdoor lighting market growth is receiving a boost. LEDs are particularly useful in outdoor lighting applications since they operate effectively for long periods, while requiring little maintenance. LEDs are also great directional light sources and have a long lifespan. Because of these advantages, numerous local governments, including municipalities, have begun making efforts to convert their outdoor lighting systems entirely to LEDs. Furthermore, one of the primary drivers for the construction of new roads and highways, which are a key application area of outdoor lights, has been the increase in traffic. The surging number of passenger automobiles, which is propelled by the increasing urbanization rate and rising disposable income, is the primary cause of traffic congestion across the world. To alleviate traffic congestion, governments in several nations, including the U.S., India, and China, are putting a heavy emphasis on road infrastructure development, thereby driving lighting demand. The worldwide outdoor lighting market is fragmented with multiple competitors; in recent years, firms have engaged in acquisitions and mergers, as well as geographical expansions, to gain a dominant position. There are many key players in the market, for example, Iwasaki Electric Co. Ltd., Stanley Electric Co. Ltd., Dialight Plc, Acuity Brands Inc., SMART Global Holdings Inc., Hubbell Incorporated, Zumtobel Group AG, OSRAM Licht AG, General Electric Company, Signify N.V. SMART Global Holdings Inc. announced the completion of its acquisition of Cree Inc.'s Cree LED products business unit (Cree LED) in March 2021. After the $300.0-million deal in fixed upfront and deferred payments, as well as contingent compensation, Cree LED operates as SMART Global Holdings Inc.'s Cree LED business unit. The firm would continue to deliver specialized lighting solutions while leveraging its track record of merging companies and generating profit and revenue growth. Hence, the rise in the adoption of smart outdoor lighting, especially LEDs, shows that the market will achieve rapid growth in the coming years. Read More: https://www.psmarketresearch.com/market-analysis/outdoor-lighting-market

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