08 Dec 2017

Finance Minister calls for Public Private Partnership in development projects

Mr Ken Ofori-Atta, the Minister of Finance, has called for Public Private Partnership (PPP) in development projects as Ghana would need approximately 10 million dollars annually to develop the infrastructure sector. He said this had led government to adopt alternative sources of funding, especially the PPP, to fast-track the process.

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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

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04 Dec 2017

Cebu Link bags P22.6-B design-and-build contract for Cebu-Cordova Link Expressway

Cebu Link Joint Venture said it has been awarded a design and build contract by a subsidiary of Metro Pacific Tollways Corp. for the 8.5-kilometer Cebu-Cordova Link Expressway (CCLEX). Cebu Link was issued the notice of award for the P22.6-billion CCLEX on Nov. 23, 2017, DMCI Holdings Inc. said on

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07 Nov 2017

Public-Private Partnerships Are the Future for Sustainable Infrastructure

Veolia North America and the Wharton School’s Initiative for Global Environmental Leadership (IGEL) have released a report detailing the demonstrated success and future potential for public-private partnerships (P3s) to provide sustainable solutions for the nation’s infrastructure needs. The report highlights how the P3 framework can be applied to keep up

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03 Nov 2017

CBP announces 30 public-private partnerships under Reimbursable Services Program

Thirty private sector and government stakeholders would reimburse U.S. Customs and Border Protection (CBP) for providing additional cross-border trade and travel inspection services under tentative partnership agreements announced on Tuesday. The Reimbursable Services Program (RSP) was launched in 2013 in response to record increases in travelers and cargo entering the

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02 Nov 2017

Report Reveals Sustainable Infrastructure Solutions Through Public-Private Partnership

A special report issued today by Veolia North America and the Wharton School’s Initiative for Global Environmental Leadership (IGEL) details the demonstrated success and future potential for public-private partnerships (P3s) to provide sustainable solutions for the nation’s infrastructure needs. The report highlights how the P3 framework can be applied to

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27 Oct 2017

5 exclusive tourism zones under PPP mode on cards

The Centre will soon set up five exclusive tourism zones in public-private partnership mode wherein state governments will offer land in excess of 1,000 acres and also bring in private players for development. This is expected to alleviate the shortage of hotel rooms in the country, besides generating employment and

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23 Oct 2017

Oman plans projects worth $2 billion in public-private partnership

Around 11 public-private partnership projects valued at $2 billion are in different stages of planning and execution in Oman, according to a new research from MEED. The Sultanate and Qatar are also planning to launch public-private-partnership (PPP) legislations in the second half of 2017. The Middle East and North Africa

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12 Oct 2017

GGF lends 5 millin euro to Halkbank’s Serbian unit for energy-efficient housing projects

The Green for Growth Fund (GGF) said on Thursday it has extended a 5 million euro ($5.9 million) long-term loan to Serbia’s Halkbank a.d. Beograd to support energy-efficient housing in the country. A portion of the funds will help residents finance mortgages for homes with reduced energy requirements, GGF said

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12 Oct 2017

PPP inked for centralised fire alarms in 150,000 UAE buildings

The UAE has unveiled a smart monitoring and response system that will see the installation of centralised fire alarms in 150,000 buildings around the country. Injazat Data Systems and the UAE’s Ministry of Interior (MoI) – represented by the Civil Defence Headquarters – unveiled Hassantuk, a smart monitoring, alert, and

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