05 Jul 2018

Asian Development Bank (ADB) agreed to invest $10 million of equity in DCDC

The Asian Development Bank (ADB) has agreed to invest $10 million of equity in DCDC Healthcare Services Private Limited (DCDCPL), a company providing dialysis and ancillary services to end-stage renal disease, to help enable the establishment of critical healthcare infrastructure in India and Sri Lanka. ADB’s financing will also include

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05 Jul 2018

Renovated museum opens as part of USD380M Gateway Arch project

ST LOUIS (AP) – The revitalised Gateway Arch National Park was dedicated on Tuesday, the culmination of a USD380 million public-private partnership that Missouri political leaders see as a template for the future of the national park system. Several hundred people stood in steamy heat for a ceremony in the

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05 Jul 2018

Dominguez: Tax reform, infra buildup to revolutionize PHL eco development

The Duterte administration’s twin pillars for economic inclusion—the comprehensive tax reform program and massive infrastructure buildup under its “Build, Build, Build” initiative—will “produce a revolution” in the country’s economic development and raise per-capita income to the level of high-middle income economies by 2022, according to Finance Secretary Carlos Dominguez III.

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05 Jul 2018

VN should be resilient to shifting megatrends: WB

HÀ NỘI —Việt Nam’s economy can be re-defined by focusing on the effective exploitation of four megatrends affecting the country’s sustainable and competitive development. The statement was made by Ousmane Dione, country director of World Bank in Việt Nam, during a conference held on Thursday in Hà Nội, themed ‘Enhancing

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03 Jul 2018

Federal report says Honolulu rail budget short $134M

A report by the Federal Transit Administration said the budget for the Honolulu rail project is still short by $134 million. Jacobs Engineering, which the FTA commissioned as a project management oversight consultant, predicts the 20-mile rail project will cost $8.29 billion, 1.6 percent above the Honolulu Authority for Rapid

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03 Jul 2018

The future of the US–Australia alliance

Some have argued that the US–Australia alliance exists simply out of inertia or, worse yet, sentimentality. Shared sacrifice and longstanding habits of cooperation may play a role, but they’re not the basis upon which sovereign states determine their national interests. The value of the alliance is its preservation of something

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03 Jul 2018

Monrovia City Corporation Seeks World Bank’s Technical Assistance to Privatize Wastes Collection

Monrovia – FrontPageAfrica has intercepted a communication under the signature of the Mayor of Monrovia, Jefferson Koijee, to the Country Manager of the World Bank in Liberia, Larisa Leshchenko, seeking Technical Assistance in the area of privatizing sanitation in Monrovia. Though the MCC’s legal framework provides the City Corporation the right

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03 Jul 2018

Oman looking to the private sector to help raise $15bn for tourism plans by 2020

Oman is aiming to raise $15 billion to invest in its tourism sector by the end of the decade, a top Omani official said adding that the government is hoping that 76 percent of the sum will be generated from the private sector. “We are keen to explore the PPPs

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03 Jul 2018

Stakeholders urge private sector involvement in tackling infrastructural deficits

Stakeholders have canvassed the need for private sectors at states level to invest in infrastructure, without necessarily depending on the government. At a one-day International Project Finance Association (IPFA) event titled ‘Private Investment in Infrastructure: The States as Enablers’, in Lagos during the weekend, stakeholders said when that is done,

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12 Jun 2018

Water Resources Bill to attract private sector investment, says Minister

Minister of Water Resources, Engr. Suleiman Adamu, has said that the Water Resources Bill, when passed into law, would attract private sector investment as against the insinuation by stakeholders that it would hinder domestic and agricultural purposes and squarely empower the federal government to have control. In a statement from

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