17 Oct 2017

Ireland announces €200m for STEM buildings

The Irish government has announced a €200m (£177m) investment in new buildings for the teaching of science, technology, engineering and maths (STEM). Ministers set out the 11 projects that they propose to include in the Department of Education & Skills’ latest public-private partnership (PPP) programme. The 11 projects, which are

04 Oct 2017

Serbia’s Energoprojekt signs 43 mln euro EPC deal for Vinca landfill

Serbian civil engineering group Energoprojekt said it has signed a 43 million euro ($50.6 million) contract as part of a public-private partnership (PPP) deal signed by France’s Suez and I – Environment Investments Limited with the Belgrade city government. The engineering, procurement and construction (EPC) contract signed by Energoprojekt involves

12 Sep 2017

EU funds 9-million-euro project for skilled human resources in Nepal

The British Council is facilitating a 9-million-euro project funded by the European Union (EU) for the improvement of technical and vocational education and training (TVET) in the country. Organizing a press conference in Pokhara on Monday, Pokhara Chamber of Commerce and Industry (PCCI) and the British Council gave information about

06 Sep 2017

UK remains important trade and investment destination for Qatar

A knowledge-sharing session on “Qatar – land of opportunities” was hosted by Doha Bank at Le Meriden Piccadilly Hotel, London, yesterday. The key dignitaries included Ali Ibrahim Abdullah al-Malki, independent board member, Doha Bank Group; Sanjay G Hinduja, Hinduja Group of Companies; and Baroness Verma, Parliamentary Under-Secretary of State for

01 Sep 2017

Romanian minister: Law on PPP might be in place by October 1

The new law on public-private partnership could come into force by October 1, said yesterday Ilan Laufer, minister for the business environment. Laufer spoke at the Annual Diplomacy Meeting yesterday. “We have a new law, but it is not applicable because we have no norms,” the minister said. The public-private

29 Aug 2017

‘Toxic’ PFI charges for taxpayer exceed £1bn a year for first time

New figures for 2016/17 show the ten-figure mark being surpassed for the first time for meeting annual charges on the “buy now, pay later” infrastructure deals. The SNP has torn into Labour and the Liberal Democrats over their “toxic legacy” on the private financing of public projects in Scotland. Ash

11 Aug 2017

Nokia Bell Labs aims to pioneer next-gen 5G platform as a service

Nokia Bell Labs, the industrial research arm of the Finnish technology giant, has said it is collaborating with a variety of stakeholders for the next generation of 5G platform as a service (NGPaaS). The collaboration includes industry vendors, operators, IT companies, small and medium sized enterprises, as well as European

business gov
02 Aug 2017

Public-private funding initiatives proposed to support long term investment in innovative UK businesses

The UK government is considering setting up a new institution to channel long term investment into innovative UK businesses. The plans, which are open to consultation, envisage a new public-private partnership arrangement whereby both public funds and money from institutional investors is used to help UK businesses achieve their growth

02 Aug 2017

New $1bn government-backed investment fund hopes to create unicorns post-Brexit

The National Investment Fund will seek to replicate funding UK businesses currently receive from the EU-backed European Investment Fund A new $1bn government-backed investment fund that hopes to create UK unicorns post-Brexit has been announced. The National Investment Fund will seek to bridge a “a £4bn funding gap between American

Ministry Of Defence Announces Army Job Cuts
01 Aug 2017

UK Proposes Post-Brexit Fund to Close Technology Gap With U.S.

“Vital that we make sure our cutting-edge firms have the funding they need” Britain’s finance ministry proposed a new fund on Tuesday to help promising start-up companies that risk losing access to European Union finance after Brexit. Last year British companies received around £800 million (Dh3.88 billion) of equity finance