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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04 Dec 2017

Zamora to tap China firms for $1.5-B LRT 4 proposal

Businessman Salvador B. Zamora II is in talks with Chinese groups for a plan to build and operate the $1.5-billion Light Rail Transit Line 4 (LRT 4) in Metro Manila. In a recent interview, Zamora said he was open to multiple partners, and that there were ongoing discussions with a

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21 Nov 2017

Invest in Canada, Tory urges pension funds

Toronto Mayor John Tory has issued a plea to decision-makers at Canada’s major pension funds who have been investing billions in overseas projects to start looking in their own backyards for infrastructure investment opportunities. Tory made the remarks on day two of the Canadian Council for Public-Private Partnerships (CCPPP) annual

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20 Nov 2017

ASEAN businesses want more public-private partnerships in the region

Local and foreign businessmen want the Philippines and its ASEAN peers to roll out more opportunities for the private sector to address the $60-billion infrastructure gap in the region. In a panel discussion during the ASEAN Business and Investment Summit (ABIS) on Monday, Asian Development Bank (ADB) vice president Diwakar

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26 Oct 2017

CAF to provide US$100mn to Argentina for PPP program

The Argentine government has issued a decree approving the signing of a loan contract to access up to US$100mn from Latin American development bank CAF, which will be used to finance a public-private partnership (PPP) program. The resolution, posted in the government’s official gazette, states that the main objective of

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26 Oct 2017

Enhanced PPP to fund P6.3-trillon ‘Build, Build, Build’ program­—solon

Proposed creative reforms and refinements in the country’s public-private partnership (PPP) scheme embodied in House Bill (HB) 788 now pending in Congress will help enable the government to fund up to P6.3 trillion worth of big-ticket infrastructure projects under President Duterte’s ambitious “Build, Build, Build” (BBB) development program. Authored by

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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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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

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03 Oct 2017

Divestment of NMIA seen as excellent example of public-private partnership

Divestment of the Norman Manley International Airport (NMIA) is being touted as an excellent example of an innovative approach to developing, promoting and executing infrastructural projects with private-sector participation. This is according to Counsellor and Head of Development Cooperation, Canadian High Commission, and Representative, Global Affairs, Canada, Walter Bernyck, who

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