31 Jan 2018

International public-private cyber security partnership launched at World Economic Forum

An international public-private partnership called the Global Centre for Cybersecurity was launched last week during the World Economic Forum in Davos, Switzerland, to assess and tackle global cybersecurity challenges. Homeland Security Secretary Kirstjen Nielsen highlighted U.S. efforts to enhance global security standards to crack down on international terrorist travel. Those

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

18 Jul 2016

PPP can boost investment in large-scale LED infrastructure projects

World Bank in partnership with The Climate Group organised a Forum on ‘Business Models for Energy Efficient Public Lighting’ in São Paulo, Brazil on June 1, 2016. The event was graced with presence by over 250 street lighting stakeholders, including senior representation from over 30 major cities, private sector financiers,

12 Jul 2016

Uruguay to release tender PPP to construct schools

Uruguay declared it will put out to tender by the end of this year a public-private partnership for the building of 225 schools as part of its five-year national infrastructure scheme. The PPP initiative includes of building 165 schools, including 20 kindergartens, for the national public education administration (ANEP) and

08 Jul 2016

Final contract for the Huancayo – Huancavelica rail rehabilitation PPP project has been published

The final contract for the Huancayo – Huancavelica rail rehabilitation PPP project has been recently brought out by Peru’s private investment promotion agency ProInversion. The publication of the final contract indicates that the procedure will re-start soon and the award of the project is expected for the second half of

20 Jun 2016

Planning of launching new infrastructure PPP program ‘Crescer’ in Brazil under process

Brazilian authorities are intending to introduce a new infrastructure PPP program called Crescer that will be developed by the executive secretary of the country’s investment partnership program, Moreira Franco. Crescer will be concentrated on concessions, privatization and public-private partnerships (PPP), as well as generating local jobs. Unlike growth acceleration plan,

27 May 2016

World Bank sanctioned two projects to Promote Productivity and Strengthen Fiscal Management in Peru

The World Bank Board of Executive Directors approved two projects to promote productivity in Peru. The projects will on the one hand, increase human capital and competitiveness, and on the other, reinforce public spending management and risk management in public-private partnerships. “This support from the World Bank recognizes the strength

19 May 2016

$400 Million financing deal closed by White & Case for Peruvian road PPP

White & Case closed a financing deal for a $400 million project letting Peru to build miles of new roads and maintain them and the rest of a 543-mile toll road for 25 years. The project is part of a public-private partnership with the government of Peru’s Ministry of Transportation

18 May 2016

Brazil’s airport concession is of high prospect to European firms

Brazil’s upcoming international airport concession is drawing attention of several airport operating companies of Europe. Summing up to around 8.4bn reais (US$2.24bn), the public-private partnership tenders are planned for airports in four state capitals by June. They are Bahia state capital Salvador (pictured left), Ceará’s Fortaleza, Rio Grande do Sul’s

16 May 2016

BNDES and IFC presented thorough study on PPP project structuring

The Brazilian Development Bank (BNDES) and the International Finance Corporation (IFC) had launched a study “Structuring PPP and Concession Projects in Brazil: Diagnosis of the Brazilian model and proposals for improvement”. The IFC is part of the World Bank Group and is the world’s largest developed institution dedicated to the