04 May 2018

Centre okays Rs 50,000 crore for developing Purandar and five other greenfield airports

On April 23, the steering committee of the greenfield airports, appointed by the central government, had cleared the site clearances Purandar airport. Days after the Centre approved the last site clearances for the proposed Purandar international airport near Pune, the central government has now announced that it will invest in

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04 May 2018

Railways to lease out land to private players like Amazon, Coca-Cola to build warehouses

The Indian Railways is facing intense competition from airlines and road transport services for a while now. With dirt-cheap prices of air tickets, and easy availability of road transportation, it’s necessary for the Railways to boost its revenue by devising various ways of earnings to remain in the game. Keeping this in mind, the Railways is

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04 May 2018

Casablanca Finance City Signs Partnership with Beijing Financial Center

Casablanca Finance City has signed a memorandum of understanding with Beijing’s Xicheng Financial District Development Institution, the public institution responsible for the development of Xicheng Financial District. After previously signing partnerships with Singapore, London, Luxembourg, Montreal, Paris, Astana, and Busan, CFC is now expanding its cooperation network to more of

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02 May 2018

China Steps Up Scrutiny of Public-Private Partnerships in Fight Against Hidden Debt

China’s Ministry of Finance pledged stricter scrutiny of public-private partnership (PPP) projects in a bid to block them from being used as a vehicle for additional local government borrowing. The move is part of the government’s campaign against burgeoning public debt. State-owned enterprises (SOEs) and local government financing vehicles (LGFVs)

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27 Apr 2018

Rs27.59bn earmarked for development schemes of Planning, Development division

The government has earmarked Rs 27.59 billion for various new and ongoing schemes of the Planning, Development and Reforms Division under the Public-Sector Development Programme (PSDP) 2018-19. According to the budgetary document released here on Friday, the government has proposed allocation of Rs 4.744 billion for 23 ongoing schemes and

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27 Apr 2018

North-South Expressway requires public-private partnership: WB

Focusing on legislation and involvement of the public and private sectors are a driving force for attracting investment in transport projects, including the North-South Expressway project, said Transport Deputy Minister Nguyễn Ngọc Đông at a workshop wher World Bank experts and officials of related ministries discussed the implementation plan of the

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25 Apr 2018

Pennsylvania opens 390 bridges under public-private partnership

The Pennsylvania Department of Transportation’s (PennDOT) Rapid Bridge Replacement project, a public-private partnership (P3), has led to the completion of 390 bridges with 50 more under construction. By the end of the month, eight additional bridges will open for traffic and 20 will begin construction. The $899 million project launched

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25 Apr 2018

Public Private Partnership-PPP Policy Board Approves Setting Up Of 50 MW Power Plant For K-IV

The 25th meeting of Public Private Partnership-PPP Policy Board held under the chairmanship of Sindh Chief Minister approved establishment of 50 MW power project for K-IV, Theme Park and establishment of wholesale dates market Khairpur. The projects which under discussion in the board include Livestock Tagging project, Local government’s Karachi

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16 Apr 2018

Vice President Venkaiah Naidu calls for public-private partnership to provide affordable treatment to the poor in Indian villages

Regretting that a country of 130-crore people had one doctor for every 1,000 population, Naidu said the rural areas were much less covered by affordable treatment. Anguished over the acute shortage of doctors and lack of proper healthcare facilities in rural areas, Vice President M. Venkaiah Naidu on Thursday called

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16 Apr 2018

ADB to give Punjab $375m for irrigation, public-private deals

Pakistan and the Asian Development Bank (ADB) on Friday signed two loan agreements worth $375 million in an effort to improve irrigation services and promote public-private partnerships (PPPs) in Punjab – the country’s most populated province that produces 80% of the agricultural output. Pakistan and the Asian Development Bank (ADB)

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