08 Dec 2017

ICRC Committed To PPP Success In Nigeria

The Infrastructure Concession Regulatory Commission (ICRC) has reiterated commitments to ensure the success of Public Private Partnership (PPP) in the country. Mr Chidi Izuwah, Acting Director-General of ICRC, disclosed this at the Fourth Quarter 2017 PPP Units Consultative Forum on Thursday in Abuja. Izuwah also commended members of the consultative

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08 Dec 2017

US$324 million energy deal for Morocco and Côte d’Ivoire

The African Development Bank has approved US$324 million in loan support for two renewable energy projects in Morocco and Côte d’Ivoire. Morocco and Côte d’Ivoire are expected to significantly increase power supplies and keep economic growth on track. Scaling up investments in energy is the African Development Bank Group’s top high five priority, in

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08 Dec 2017

Russia may build icebreaker Lider using Public-Private Partnership concept

Construction of the Project 10510 icebreaker Lider may be financed using the public-private partnership concept, Russian Deputy Prime Minister Dmitry Rogozin said at a meeting of the State Commission for Arctic Development during the 7th Arctic: Today and the Future International Forum. “This is now included in the state program’s

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07 Dec 2017

Public Private Partnership crucial to attract private investment for infra

A mature Public Private Partnership (PPP) framework is one of the most useful tools with the Government to facilitate private investment into infrastructure, claimed Aman Hans, Public Private Partnership Specialist at the NITI Aayog. In order to bridge the growing infrastructure deficit in the country considerable efforts have been made

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06 Dec 2017

Public-private partnerships chosen for new long-term care centres in central N.L.

Private companies will design, build, finance and maintain a pair of new 60-bed long-term care centres in Grand Falls-Windsor and Gander, Premier Dwight Ball announced Monday. The provincial government has decided to use public-private partnerships to build the two brand-new facilities, which are both expected to open in 2021. That’s the same arrangement

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06 Dec 2017

Chinese companies bid to grab deal for Clark Int’l Airport expansion

Seven groups, including large Chinese companies, have submitted offers to design and build a passenger terminal that would triple existing capacity in Clark International Airport, which is being positioned as an alternative to Ninoy Aquino International Airport (NAIA). Clark International Airport, formerly known as the Diosdado Macapagal International Airport, is

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06 Dec 2017

Mena construction market to hit $330bn by 2022

The construction sector in the Middle East and North Africa (Mena) region is set to outpace the global growth, expanding by 5.8 per cent in 2018 to hit $225 billion, according to BMI Research, a Fitch group company. The Mena region will be the fastest growing region globally for the

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06 Dec 2017

NASA Unveils Space Tech Partnership Opportunities

NASA looks to enter public-private partnerships with U.S. companies in a push to address technology and capability requirements for government and commercial space missions. The space agency said Tuesday its space technology mission directorate will provide funds for the “Utilizing Public-Private Partnerships to Advance Tipping Point Technologies” initiative that seeks

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05 Dec 2017

Tokyo and City of London agree to enhance financial partnership

Deal key to plan to re-establish Tokyo as Asia’s financial hub Gov. Yuriko Koike advanced her plan to restore Tokyo as Asia’s top financial hub with a preliminary four-year agreement inked Monday by her metropolitan government and the City of London, the British capital’s financial district. The memorandum of understanding signed at the British Embassy

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05 Dec 2017

Railways ropes in IRSDC for speedy redevelopment of 400 stations

Indian Railways has decided to appoint its joint-venture firm IRSDC as a nodal agency to expedite redevelopment of 400 A1 and A category railway stations. Indian Railways has decided to expedite redevelopment of 400 A1 and A category railway stations across the country. It will now appoint its joint venture

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