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30 Aug 2016

Nigeria tackles Obstacles to Effective PPP

Nigeria’s budget and planning Minister Udo Udoma says, “The government is working to eliminate challenges to effective public private partnerships (PPP) in the country”.   Udo was speaking at the presentation of a report to his ministry on PPP practice in Nigeria.   Udoma says, “The President’s efforts at fostering greater

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30 Aug 2016

Metro Tunnel project shortlists international JVs for US$4.5 billion

Three consortiums, including some of the world’s best construction companies, have been shortlisted to build one of Australia’s largest infrastructure projects. The shortlisted consortiums are: The US$4.5 billion Melbourne Metro Tunnel project includes the construction of twin 9 km tunnels from the north to south of the city, passing under

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30 Aug 2016

County reveals strategy for breathing life into Castle

On Tuesday, County staff will unveil their tactical development plan for the Castle Commerce Center, the former air base that officials still hope can be brought back to life as an economic driver for the area. The plan is to be presented to the Merced County Board of Supervisors during

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29 Aug 2016

Japan’s Toshiba Corporation to invest in Uganda’s geothermal power

Toshiba Corporation of Japan has contracted a memorandum of understanding (MOU) with The Ministry of Energy and Mineral Development (MEMD) of Uganda on a comprehensive partnership in geothermal power. The agreement will see the parties collaborate in power generation projects, including personnel development, according to statement released Sunday by the

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29 Aug 2016

Udom Emmanuel demands FG’s refund of N140bn owed Akwa Ibom state

Over N140 billion reimbursement is required by the Akwa Ibom State Government from the Federal Government to spend on the construction of federal roads and other federal infrastructure in the state. Mr. Udom Emmanuel, The state governor, said, “Such funds would be deployed in the construction of more roads and

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29 Aug 2016

PPP Helpdesk Now Available For Region: CBD

Public-Private Partnership (PPP) Helpdesk has been launched by The Caribbean Development Bank (CDB), which will provide technical assistance to regional governments seeking to develop PPP projects in their countries. To better manage PPP programmes and projects in the country, the Helpdesk will assist governments, especially in the early stages of

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26 Aug 2016

Every PFI school in Tayside has tax haven links

According to investigation by an expert in public sector financing, each of the 24 schools built under the private finance initiative (PFI) schemes are possessed at least in part by investment funds in countries where there are lower tax rates. It means that stakes in the building projects can be packaged

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26 Aug 2016

John Laing Group PLC (JLG) Receives “Buy” Rating from Beaufort Securities

On Friday, John Laing Group PLC (LON:JLG)‘s stock had its “buy” rating repeated by stock analysts at Beaufort Securities in a research note issued to investors. On Friday, other analysts have also recently issued reports about the company. Barclays PLC reaffirmed an “overweight” rating and issued a GBX 270 ($3.55)

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