23 Jun 2017

Asia faces challenges attracting infrastructure investment

Asia just doesn’t seem to have enough money to pay its infrastructure bills. And as demand for infrastructure development soars, governments are looking to the private sector for funding, but are having a tough time finding takers. Infrastructure investment in Asia from 2016 through 2030 is estimated to be about

16 Jun 2017

Government to launch PPP model for PMAY

Previously confined to creating affordable houses on government land, the PMAY (Pradhan Mantri Awas Yojana) scheme has now been opened to the private developers too for a public-private partnership (PPP). Previously confined to creating affordable houses on government land, the PMAY (Pradhan Mantri Awas Yojana) scheme has now been opened

16 Jun 2017

Albemarle eyes public-private partnership for new government complex

As Albemarle ponders whether to move its judicial and administrative functions outside of Charlottesville’s borders, the county has hired a real estate and development firm to advise the Board of Supervisors on how a deal could be struck with the private sector. “Our goal here is to provide you with

14 Jun 2017

China’s public-private partnership party

$2.14tn is being lavished on 12,000 infrastructure projects China is keen to get more infrastructure projects off the ground through public-private partnerships. This kind of arrangement leverages the corporate sector’s funding prowess and experience to build and operate subways and other public transportation systems. Through March, China had 14.6 trillion

09 Jun 2017

It’s done! New Goethals Bridge opens this weekend

The narrow, bumpy ride over the 89-year-old Goethals bridge between New Jersey and Staten Island will be history after Friday night. The old Goethals Bridge will close down forever at 10 p.m. Friday so workers can reconfigure access approach lanes and the new replacement Goethals Bridge can open in stages

09 Jun 2017

Chief Secretary Matthew Cheung outlines Hong Kong’s Smart City development plans

In his opening keynote speech at the World Environment Conference 2017 Hong Kong, Chief Secretary Matthew Cheung (above) spoke about Hong Kong’s Smart City development plans and mentioned that the Government is studying the formulation of a Smart City Development Blueprint for Hong Kong, which will map out short-, medium- and

30 May 2017

North-South expressway to cost 13.6 billion USD has been approved

Prime Minister Nguyen Xuan Phuc has decided on the final investment plan for the ambitious 1,372-km North-South expressway project, which will cost 310 trillion VND (13.6 billion USD) over three phases spanning from 2017 to 2028 and beyond. The approved plan was among three plans submitted by the Ministry of

29 May 2017

Best practices in implementation of PPPs

Various countries from both developed and developing nations are providing infrastructure using public-private-partnership (PPP) arrangements. From the lessons learnt from several countries that have implemented such projects, countries joining the bandwagon to provide infrastructure through PPPs can follow a pattern that yielded results. Effective planning of PPP projects is paramount

17 May 2017

Public-private partnership lessons from China

Public-private partnerships (PPP) contracts like any other procurement contracts have their own dynamics. They borrow from the same procurement constraints where PPP opportunities are limited the same way as procurement opportunities. This increases the appetite by the private sector to win projects at all costs including the use of unscrupulous

05 May 2017

Nigeria seeks Japan’s assistance for rail network

The Federal Government has urged visiting Japan’s trade mission to join in the plan to link all parts of Nigeria with railway to enhance transportation and boost economic activities. The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, made the plea when he received Japanese Public and Private