02 Aug 2017

Saudi’s SWCC gets advisors desal privatization

A number of banks have submitted bids to Saudi Arabia’s Saline Water Conversion Corporation (SWCC) to advise on the privatisation of its $7.2 billion Ras Al Khair desalination and power plant, banking sources said, as the kingdom gears up for several state asset sales, reported Reuters. Mizuho, BNP Paribas and

02 Aug 2017

Sri Lanka cabinet approves issuing e-passports under PPP scheme

Sri Lanka’s cabinet has approved a proposal to introduce a chip enabled e-Passport where personal particulars of passport holders would be digitally signed and stored in a chip. The cabinet approval for the joint proposal made by Digital Infrastructure Minister and Internal Affairs Minister has been granted to implement the

28 Jul 2017


A daring public private partnership infrastructure project, Drive 288, is on track to revitalize one of Houston’s most well-traveled highways Legendary racecar driver A.J. Foyt once declared, “I feel safer on the racetrack than on Houston highways.” When the Houston native gets the chance to test the newly upgraded Texas

26 Jul 2017

Rönesans Holding to launch $1B road, tunnel projects in Netherlands

Rönesans Holding is preparing to bring its experience in public-private partnerships (PPPs) in Turkey’s healthcare sector to Europe. Together with Ballast Nedam which it acquired last year, Rönesans is preparing to actualize a PPP project consisting of roads and tunnels in Rotterdam in the Netherlands, amounting to roughly 1 billion

20 Jul 2017

Lok Sabha clears IIIT Public Private Partnership Bill 2017, can now give degrees

Lok Sabha passes the Indian Institute of Information Technology Public Private Partnership Bill 2017 that seeks to allow 15 IIITs established on a PPP model to grant degrees The Lok Sabha on Wednesday passed the Indian Institute of Information Technology Public Private Partnership (IIIT-PPP) Bill 2017 that seeks to allow

13 Jul 2017

Sri Lanka to receive over US $1000 million from the World Bank

Sri Lanka is set to receive $1,340 million USD worth of financial and technical assistance from the World Bank. The assistance will be provided for three years, starting July 1, 2017, and will be under the International Development Association Transitional Support Facility. Sri Lanka is expected to access approximately $300

11 Jul 2017

Microsoft will try to bring better broadband to two million rural Americans in the next five years

The company’s so-called Rural Airband Initiative is an attempt to partner with local providers to boost wireless internet. Microsoft plans to announce on Tuesday a new campaign to try to “eliminate” the gap in high-speed internet access in the country’s hardest-to-reach areas — an effort called the Rural Airband Initiative,

11 Jul 2017

Japanese chip startup CerebrEX secures investment from INCJ & Fortune VC

CerebrEX, Inc. has secured a JPY 800 million ($6.99 million) investment from the Innovation Network Corporation of Japan (INCJ) and Taiwan-based Fortune Venture Capital, which is among the funds collectively known as UMC Capital. The investment. which was done through a third-party allocation of shares, will enable development of technology

27 Jun 2017

Rs 6,000 crore needed to buy land for Jewar airport

The Jewar international airport project, which recently received the aviation ministry’s approval, has many more hurdles to clear before it becomes a reality. According to sources, to kick off Phase I, the Yamuna Expressway Industrial Development Authority (YEIDA) needs to buy land in as many as nine villages and would

26 Jun 2017

PPP Model In Healthcare Will Help Deliver Efficient Services

Talking about potential of PPP model in the health sector, NATHEALTH president, Dr Arvind Lal said, “for higher spending in the healthcare sector, PPP projects need to be scaled up and implemented across the country and the government needs to encourage successful projects.” Maharashtra Health Minister Deepak Sawant has said