23 May 2018

Uganda invites bids for Sh100 billion expressway

Uganda has invited bids from private investors to develop and operate a new 95km highway between Kampala and Jinja in the country’s east to ease congestion on the ageing existing road. The estimated Sh100 billion ($1 billion) project is part of the Northern Corridor, a crucial East African transport artery

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23 May 2018

Mongolia kicks off economic forum on public-private partnership

The 2018 Mongolia Economic Forum kicked off here Monday, with the aim of boosting the country’s economic development through public-private partnerships. “We have to consolidate our views on development policies. The public-private partnership is very important for the development of the economy,” said Mongolian Prime minister Ukhnaa Hurelsukh at the

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16 May 2018

S. Korea to collect big data to develop personalized medicines

South Korea will collect big data from medical records from local hospitals to pave the way for the development of effective and appropriate treatment plans for individual patients, the commerce ministry said Monday. The Ministry of Trade, Industry and Energy said it launched a task force composed of hospitals, research

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16 May 2018

Cabinet approves Rs 5,000 crore fund through NABARD to promote irrigation

The allocation of Rs. 2,000 crore and Rs. 3,000 crore will be utilised during 2018-19 and 2019-20 respectively. The Union Cabinet on Wednesday approves corpus of Rs .5,000 crore for setting up of a dedicated “Micro Irrigation Fund” (MIF) with NABARD under Pradhan MantriKrishiSinchayeeYojana (PMKSY). The allocation of Rs. 2,000

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16 May 2018

Public-private partnerships: Pakistan, ADB agree to push for more investment

The Asian Development Bank (ADB) and the government of Pakistan have agreed to chart new ways to pursue more robust and inclusive ADB investments in Pakistan. In this regard, public-private partnerships (PPPs) will be scaled up to tap private sector resources and meet the country’s rising infrastructure development needs. The

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16 May 2018

Honolulu rail officials explore public-private partnership options for project

Ernst & Young Infrastructure Advisors presented the findings of its public-private partnership viability analysis to the Honolulu rail project’s board of directors on Monday. The study, which was commissioned in December to study public-private options for the project, said a Design-Build-Finance-Operate-Maintain model “offers clear cost and schedule benefits, incentivizes long-term,

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10 May 2018

Crowding in Asia’s private sector to accelerate infra development

In The world of infrastructure, the funding deficit is a well-established fact. Asia needs US$26 trillion (Bt835 trillion) by 2030 for new buildouts, and Africa requires US$93 million a year to scale up projects. Much of the money has so far come from direct government financing or funding support from

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10 May 2018

King opens EBRD’s meeting, forum, highlights dynamic partnership

His Majesty says he would not be satisfied until better living conditions are created for Jordanians His Majesty King Abdullah on Wednesday said his highest priority is achieving a better life for Jordanians and that he would not be satisfied until better living conditions are created for his people. He

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08 May 2018

More cities getting into smart cities mission mode: Hardeep Puri

Puri said that about 400 projects valued at Rs 20,000 crore are in tendering stage, which would be settled over two to three months The value of projects under implementation under the Smart Cities Mission has increased almost four times from about Rs 8,000 crore to over Rs 30,000 crore

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07 May 2018

Govt plans to rope in private players to help run PF, insurance schemes: Report

At present, trade unions backed the idea but are sceptical that involvement of private players may lessen the benefits to its subscribers under these flagship schemes The Narendra Modi-led government is weighing the option of bringing in private players to run the Employees Provident Fund Organisation (EPFO) and Employees State Insurance

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