23 May 2018

Uganda invites bids for Sh100 billion expressway

Uganda has invited bids from private investors to develop and operate a new 95km highway between Kampala and Jinja in the country’s east to ease congestion on the ageing existing road. The estimated Sh100 billion ($1 billion) project is part of the Northern Corridor, a crucial East African transport artery

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23 May 2018

Maharashtra Mulls New Public-Private Partnership Policy For Affordable Housing

The Maharashtra government is planning a new policy under the public private partnership model in a bid to boost affordable housing in the state. Under the policy, the state government will acquire land parcels in the Mumbai Metropolitan Region – comprising of state capital Mumbai and its satellite towns –

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23 May 2018

Mongolia kicks off economic forum on public-private partnership

The 2018 Mongolia Economic Forum kicked off here Monday, with the aim of boosting the country’s economic development through public-private partnerships. “We have to consolidate our views on development policies. The public-private partnership is very important for the development of the economy,” said Mongolian Prime minister Ukhnaa Hurelsukh at the

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23 May 2018

DfT’s public-private partnership plans for East Coast are ‘Alice in Wonderland’

Former transport secretary criticises ‘bonanza for lawyers and consultants’ during five-month delay before line was renationalised Former transport secretary Lord Adonis has described plans to introduce in 2020 a public-private partnership on the recently renationalised Intercity East Coast franchise as “Alice in Wonderland”. The Labour peer told MPs on the

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23 May 2018

City hopes public-private partnership will lead to one-of-a-kind children’s museum

It’s been five-and-a-half years since El Paso voters approved spending $19.5 million for a state-of-the-art children’s museum, but ground still hasn’t been broken and the overall cost has tripled.  “The Children’s Museum in my mind, and in the minds of some other people working on this project, is the game

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16 May 2018

S. Korea to collect big data to develop personalized medicines

South Korea will collect big data from medical records from local hospitals to pave the way for the development of effective and appropriate treatment plans for individual patients, the commerce ministry said Monday. The Ministry of Trade, Industry and Energy said it launched a task force composed of hospitals, research

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16 May 2018

Cabinet approves Rs 5,000 crore fund through NABARD to promote irrigation

The allocation of Rs. 2,000 crore and Rs. 3,000 crore will be utilised during 2018-19 and 2019-20 respectively. The Union Cabinet on Wednesday approves corpus of Rs .5,000 crore for setting up of a dedicated “Micro Irrigation Fund” (MIF) with NABARD under Pradhan MantriKrishiSinchayeeYojana (PMKSY). The allocation of Rs. 2,000

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16 May 2018

East Coast Mainline to be RENATIONALISED BY TORIES after failure of Virgin franchise

THE troubled East Coast Mainline rail service is to be renationalised after a franchise agreement with Virgin Trains was scrapped, Transport Secretary Chris Grayling has announced. The service is being brought back into public ownership after a string of failures by Stagecoach and Virgin in recent years. Mr Grayling’s decision

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16 May 2018

Public-private partnerships: Pakistan, ADB agree to push for more investment

The Asian Development Bank (ADB) and the government of Pakistan have agreed to chart new ways to pursue more robust and inclusive ADB investments in Pakistan. In this regard, public-private partnerships (PPPs) will be scaled up to tap private sector resources and meet the country’s rising infrastructure development needs. The

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16 May 2018

Honolulu rail officials explore public-private partnership options for project

Ernst & Young Infrastructure Advisors presented the findings of its public-private partnership viability analysis to the Honolulu rail project’s board of directors on Monday. The study, which was commissioned in December to study public-private options for the project, said a Design-Build-Finance-Operate-Maintain model “offers clear cost and schedule benefits, incentivizes long-term,

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