15 Nov 2018

Jackson City Council tables public-private partnership

After the County Commission voted yes to the public-private partnership Monday, it was the city’s turn to vote Tuesday. “If the city doesn’t participate, there is no deal,” Hal Crocker said. A financial adviser told the City Council that the budget is tight. “The city is financially challenged for lots

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15 Nov 2018

US$620 million bond issue to finance highway modernisation P3 project in USA

The Michigan Strategic Fund is planning to issue US$622.2 million Limited Obligation Revenue Bonds to finance the Michigan I-75 Modernization Project. The proceeds of the bonds will be loaned to Oakland Corridor Partners LLC (OCP), a special purpose limited liability company formed to develop and operate the project. OCP is

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15 Nov 2018

German-Kuwaiti consortium sign contract for US$1.6 billion wastewater PPP in Kuwait

The Kuwait Authority for Partnership Projects (KAPP) has announced the commercial close of the Um Al-Hayman Wastewater Treatment Plant project. The selected developer, a consortium of WTE Wassertechnik GmbH Group and International Financial Advisors, has signed an agreement with the General Manager of KAPP and the Undersecretary of Ministry of

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15 Nov 2018

Private partner to develop US$550 million Kinshasa-Brazzaville bridge

The governments of the Democratic Republic of Congo and the Republic of Congo have agreed to develop the first road-rail bridge between their capitals, Kinshasa and Brazzaville, through a public-private partnership (PPP). The 1,575km toll bridge will cross the Congo River. It will include a single railway track, a double-lane

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14 Nov 2018

AfDB approves financing for US$1.55 billion expressway PPP in Uganda

The African Development Bank (AfDB) has approved a sovereign loan of US$229.5 million to the Republic of Uganda to finance phase one of the Kampala-Jinja Expressway project. Total project cost is estimated at US$1.55 billion, with financing from sovereign and non- sovereign facilities. Scheduled to be managed over the next

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14 Nov 2018

Milwaukee riverfront benefits from public-private partnerships

MILWAUKEE — As a wide variety of stakeholders push forward with revitalizing the Grand River corridor through downtown Grand Rapids, they have no shortage of other cities they can look to for best practices. Denver, San Antonio and Chicago — and, more locally, Traverse City and Detroit — have all

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14 Nov 2018

PARTNERSHIPS FOR THE GREATER GOOD: PUBLIC-PRIVATE PARTNERSHIPS CAN PRODUCE AFFORDABLE HOUSING FOR D.C.

The public sector alone cannot combat rising rents and the growing number of burdened or displaced D.C. residents. The affordable housing crisis requires comprehensive and innovative solutions that rethink governance, including collaboration between the public and private sector. Over the past decade, low-cost housing in the nation’s capital has virtually

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14 Nov 2018

Thai government approves public-private partnership plan for Digital Park Thailand

The Thai government has approved the public-private partnership plan for the Digital Park Thailand (EECD). The EECD is a new industrial estate aiming to be the destination for digital business and global digital ventures. The park is surrounded by a regional logistics hub, digital production, and academic institutes. The bidding

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14 Nov 2018

County plans for public-private partnerships move forward

At a joint meeting Monday, the Albemarle County Board of Supervisors and the county School Board continued their discussion of policy changes that would allow the county to develop school and community facilities through public-private partnerships. “As we evolve this community, as we entertain economic development, as we encounter more

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06 Nov 2018

Can P3s keep transit projects moving.

Public-private partnerships can evolve and help deliver critical transit infrastructure was explored by three transit experts at the recent Canadian Council for Public-Private Partnerships (CCPPP) national conference in Toronto. Participants for the “Getting On Board Next-Gen Transit” panel spanned Ontario, British Columbia and the United Kingdom and the moderator was

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