17 Sep 2018

Public-Private partnership is now the order of the day: Venkaiah Naidu

Belgrade (Serbia), Sep 14 (ANI): Vice President Venkaiah Naidu on Friday (local time) interacted with Indian community living in Serbia at the Beograd Hall inside Hotel Hyatt Regency in Serbia’s capital Belgrade. The Vice President said, “The country is also allowing foreign direct investment in most of the sectors. And

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14 Sep 2018

More than 7,000 PPP projects registered in MOF

At the end of July, 7,867 PPP projects had been registered in a national data bank, seeking a combined investment of 11.8 trillion yuan (1.74 trillion U.S. dollars), according to the China Public Private Partnerships Center under the Ministry of Finance (MOF). Some 3,812 projects have been signed with a

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13 Sep 2018

Myanmar seeking qualifications for first greenfield road PPP

The Ministry of Construction of the Government of Myanmar has published an Invitation to Pre-Qualify for the Yangon Elevated Expressway PPP Project Phase 1, the country’s first greenfield road PPP project. The Ministry is seeking a private partner to undertake the design, engineering, financing, construction, operation and maintenance of the

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10 Sep 2018

Indian government may take PPP route to increase hospital beds under Modicare

Indian government is banking on the public-private partnership (PPP) model to try and raise an additional 160,000 hospital beds that PwC-Confederation of Indian Industry (CII) report says are needed to provide health cover under its ambitious Ayushman Bharat-National Health Protection Mission (AB-NHPM). The AB-NHPM  billed as the world’s largest health

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07 Sep 2018

Governments of Malaysia and Singapore sign agreement to defer US$10 billion high speed rail PPP

The governments of Malaysia and Singapore have confirmed in a joint statement that construction of the Kuala Lumpur-Singapore High Speed Rail (HSR) project is suspended for a period up to 31 May 2020. The 350km high speed rail link, which will reduce the travel time between Singapore and Kuala Lumpur

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06 Sep 2018

India Planning to buy 18 bullet trains for Rs 7,000 crore from Japan

India’s first bullet train is likely to start running between Mumbai and Ahmedabad by the end of 2022. The 508-km, high-speed train corridor is being built with Japanese assistance. India will purchase 18 bullet train sets from Japan at a total cost of about Rs 7,000 crore in a deal that

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05 Jul 2018

VN should be resilient to shifting megatrends: WB

HÀ NỘI —Việt Nam’s economy can be re-defined by focusing on the effective exploitation of four megatrends affecting the country’s sustainable and competitive development. The statement was made by Ousmane Dione, country director of World Bank in Việt Nam, during a conference held on Thursday in Hà Nội, themed ‘Enhancing

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30 May 2018

South Korea to invest 2.2 trillion won in bid to seize the lead in AI technology by 2022

Grappling with the challenges of Industry 4.0, South Korea seeks to close the gap by allocating 2.2 trillion won to developing AI. South Korea’s Ministry of Science and ICT has recently announced a 2.2 trillion won budget for research and development in artificial intelligence (AI) and expansion of AI-related infrastructure

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30 May 2018

China’s Jiangxi Province to invest over $10 billion in Northern Region

A delegation of business executives and investors from the Jiangxi Province, China, will soon visit Ghana to explore the potentials and business opportunities in the Northern Region. The Jiangxi Province as part of its Global partnership project has since expressed the Province’s interest to bring technology and invest in the

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30 May 2018

World Bank helps Bangladesh expand access to renewable energy

The Bangladesh government has signed a $55 million financing agreement with the World Bank to expand renewable energy uses in rural areas. The agreement was signed by Kazi Shofiqul Azam, secretary of Bangladesh’s Economic Relations Division, and Fan Qimiao, Asian Development Bank country Director for Bangladesh, Bhutan, and Nepal on

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