29 Oct 2018

Money-laundering detected under public-private partnership

The joint investigation team (JIT) in the mega money laundering case has started a probe against officials for embezzlement of billions of rupees in the name of public-private partnership. The companies avoid government audit and evade laws while billions of rupees are provided to them. It is feared they are

0
29 Oct 2018

Malaria elimination by 2030 only possible through Public Private Partnerships: Dr Arun Kumar, Bayer

Every year, more than seven lakh people across the world, die of vector borne diseases such as malaria, dengue, chikungunya, Japanese encephalitis and zika. Again, like every year we are seeing the rising numbers of people affected with vector borne diseases. Dengue cases in Delhi have already crossed the 1,000-mark

0
12 Oct 2018

Plenary completes US$460 million refinancing of road PPP in Australia

Plenary Group has announced that it has completed a AUD646 million (US$458.5 million) refinancing of the Peninsula Link, a 27km toll-free road between Carrum Downs and Mount Martha in the south-east of Melbourne, Australia. In 2010, the state government of Victoria contracted the Southern Way consortium to finance, design, construct,

0
10 Oct 2018

Malaysia approves 45 Public Private Partnerships projects

Going forward, economic growth will be driven by the high-tech sectors, underlining the potential of the digital economy in ensuring Malaysia’s transition to a high-income and developed economy. It is expected that the PPPs will help with that. Some 45 out of the 67 public-private partnership (PPP) projects under the

0
08 Oct 2018

Gulftainer Signs 50-year, $600 million concession to Operate and Expand Port of Wilmington in Delaware, USA

Gulftainer, the world’s largest privately-owned independent port operator and logistics company based in the UAE, finalised a 50-year concession with the State of Delaware in the USA to operate and develop the Port of Wilmington, significantly expanding the company’s global footprint and reach. The agreement, signed by Gulftainer’s subsidiary GT

0
08 Oct 2018

McBains Hellas appointed to advise on major new healthcare PPP project in Greece

McBains Hellas appointed to advise on major new healthcare PPP project, as BRFAA and EBRD sign agreement on joint development of a new personalised medical research centre using PPP The Biomedical Research Foundation of the Academy of Athens (BRFAA) and the European Bank for Reconstruction and Development (EBRD) signed in

0
08 Oct 2018

Third Tamil Nadu Urban Development Project (TNUDP-III) bags monetary deal of US$300 million Road Project in Tamil Nadu

The World Bank today approved a loan of US$300 million to assist the Government of India with the implementation of the Third Tamil Nadu Urban Development Project (TNUDP-III). The project’s objective is to continue to improve the delivery of urban services through enhancing the quality of urban infrastructure, mobilize resources

0
05 Oct 2018

Private parties invited to register interest in US$1 billion rail project in Australia

The Australian Rail Track Corporation (ARTC) has opened a Registration of Interest (ROI) process for the Inland Rail PPP project. This involves the design, construction, financing and maintenance of a 130km railway between Gowrie and Kagaru, in the northeastern state of Queensland. The project is part of the Inland Rail

0
03 Oct 2018

GMR wins tender to upgrade and operate Nagpur Airport in India

GMR Airports Limited, a subsidiary of GMR Infrastructure Ltd., has announced that it has emerged as the highest bidder for the development, operations and management of Dr. Babasaheb Ambedkar International Airport, located in Nagpur, Maharashtra, central India. MIHAN India Limited (MIL), a joint venture between Maharashtra Airport Development Company (a

0
28 Sep 2018

Ghana Ambassador to Liberia Calls for Public Private Partnership In Tourism Sector

The Ghanaian Ambassador made the remark when the government of Liberia joined other countries around the World in commemoration of the 39th Anniversary of the United Nations World Tourism Organization Day on September 27, 2018. The event was held at the historic Providence Island and the theme for this year’s

0