18 Oct 2017

Newport Beach developer group wins county contract and 66-year lease for $200 million Dana Point Harbor revitalization

A $200 million overhaul of Dana Point Harbor is expected to include buildings with gabled standing seam metal roofs, open plazas, unique restaurants and shops, two hotels and possibly a surf museum. The long-awaited plan, a proposal by the Dana Point Harbor Partners LLC development group, was unanimously approved by

16 Oct 2017

Indian Railways to allow private freight terminals on its land; what it stands to gain

The transporter reckons that PFTs on railway land would help reduce encroachment of its land apart from increasing earnings through licensing fee. The Indian Railways is working on a plan to allow private freight terminals (PFTs) on railway land adjacent to stations with a view to utilising vacant land parcels

13 Oct 2017

NIH launches $215m partnership for cancer immunotherapy strategies

The NIH and 11 leading biopharmaceutical companies have launched the Partnership for Accelerating Cancer Therapies (PACT), totalling $215m as part of the Cancer Moonshot…. The National Institutes of Health (NIH) and 11 leading biopharmaceutical companies today launched the Partnership for Accelerating Cancer Therapies (PACT), a five-year public-private research collaboration totalling

12 Oct 2017

Dubai Economy Signs Partnership With VFS Global to Provide Business Registration Services Worldwide

Dubai Economy has signed an agreement with VFS Global, a world-leading Visa processing and Identity and Citizen Services specialist with presence across 129 countries, to extend varied e-services relating to business registration and licensing in Dubai. Investors can avail of varied Business Registration and Licensing services, including those related to

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12 Oct 2017

PPP inked for centralised fire alarms in 150,000 UAE buildings

The UAE has unveiled a smart monitoring and response system that will see the installation of centralised fire alarms in 150,000 buildings around the country. Injazat Data Systems and the UAE’s Ministry of Interior (MoI) – represented by the Civil Defence Headquarters – unveiled Hassantuk, a smart monitoring, alert, and

11 Oct 2017

Oman plans $2b projects in public-private partnership

Around 11 public-private partnership projects valued at $2 billion are in different stages of planning and execution in Oman, according to a new research from MEED. The Sultanate and Qatar are also planning to launch public-private-partnership (PPP) legislations in the second half of 2017. The Middle East & North Africa

09 Oct 2017

Sri Lanka’s GDP growth to reach 5-pct in 2018: ADB

Sri Lanka’s Gross Domestic Product (GDP) would be 4.5 percent at end 2017 and increase to 5 percent by end 2018, the Asian Development Bank said in its latest Asian outlook for 2017. The updated report says that the developing Asia is forecast to expand by 5.9 percent in 2017

04 Oct 2017

Southeastern Virginia business accelerator gets $500K grant

757 Accelerate, a regional business accelerator focused on supporting the growth of regional entrepreneurs in Southeastern Virginia, has received $500,000 from the U.S. Department of Commerce i6 Challenge grant program. The 757 Accelerate proposal was one of 27 successful applications chosen from a highly competitive field of more than 200,

04 Oct 2017

Vietnam plans to build Hoa Binh-Son La Expressway for US$2.2 billion

The government has announced plans to build an expressway connecting Vietnam’s two northern provinces of Hoa Binh and Son La, at an estimated cost of VND50.27 trillion (US$2.2 billion). The new road, which will extend the Hanoi-Hoa Binh Expressway, is expected to boost the socio-economic development in Son La province

04 Oct 2017

Missouri forms public-private partnership to advance Hyperloop One route

One of the projects seeking to prove that they have a viable route for building one of Hyperloop One’s very first actual hyperloop routes has formed a formal public-private partnership to help keep the project moving forward. Missouri’s Department of Transportation, teamed with the St. Louis Regional Chamber, the Kansas