23 May 2018

Maharashtra Mulls New Public-Private Partnership Policy For Affordable Housing

The Maharashtra government is planning a new policy under the public private partnership model in a bid to boost affordable housing in the state. Under the policy, the state government will acquire land parcels in the Mumbai Metropolitan Region – comprising of state capital Mumbai and its satellite towns –

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27 Apr 2018

Rs27.59bn earmarked for development schemes of Planning, Development division

The government has earmarked Rs 27.59 billion for various new and ongoing schemes of the Planning, Development and Reforms Division under the Public-Sector Development Programme (PSDP) 2018-19. According to the budgetary document released here on Friday, the government has proposed allocation of Rs 4.744 billion for 23 ongoing schemes and

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25 Apr 2018

Pennsylvania opens 390 bridges under public-private partnership

The Pennsylvania Department of Transportation’s (PennDOT) Rapid Bridge Replacement project, a public-private partnership (P3), has led to the completion of 390 bridges with 50 more under construction. By the end of the month, eight additional bridges will open for traffic and 20 will begin construction. The $899 million project launched

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30 Mar 2018

Gadkari’s Highway Village Project Sees Good Response from Bidders, Driving Could Soon Be A Smoother Affair

Union Minister for Road Transport and Highways Nitin Gadkari’s ambitious ‘Highway Village’ project has seen a good response with bidders eyeing at least 21 out of 34 sites, reports Mint. The Highway Village project – aimed at providing a smoother driving experience and providing employment to locals – will be built on

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12 Mar 2018

Japan Invests Big In Vietnamese Real Estate

Vietnam’s real estate sector has witnessed significant participation from Japanese investors through cooperation with Vietnamese businesses recently, promising to bring benefits to the real estate market. According to real estate company Savills Vietnam, over the past years, Asian investors, including Japanese ones, were only involved in commercial real estate like commercial

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05 Mar 2018

GCC governments need proper regulations and frameworks for PPP to succeed

Public-private partnerships (PPP) will need GCC governments to introduce proper regulations and strong legal frameworks if they are to succeed, leading experts have told Middle East Construction News. While there has been collaboration between the public and private sectors for some time, the relationship has been restricted to service contracts

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27 Feb 2018

New plans for Great Lakes Hyperloop unveiled by HTT and NOACA

The two companies have signed an official public private partnership agreement, received bipartisan congressional support and revealed the growing Great Lakes Hyperloop consortium… Hyperloop Transportation Technologies (HTT) and the Northeast Ohio Areawide Coordinating Agency (NOACA) have revealed plans for the Great Lakes Hyperloop, signing an official public-private partnership agreement. These developments

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23 Feb 2018

Innovative $67 million MSU housing plan could become model for state campuses

The idea for Mississippi State University’s upcoming $67 million apartment-style student housing began on the golf course. “I was playing golf with the president of University of Kentucky, Eli Capilouto, and they were having issues not unlike what we were having in Mississippi with concerns about needing to upgrade their

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02 Feb 2018

Railways to set up metro, rail coach factory in Maharashtra’s Latur

Indian Railways will set up a metro and rail coach manufacturing facility in Latur in Maharashtra on public-private partnership basis. The project is likely it entail investment ofmore than Rs 1,500 crore, a top rail ministry official said. The official said the investment and the number of coaches the facility

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31 Jan 2018

Government seeks public-private partnership for major highway

The government is planning to work with the private sector under a public-private partnership (PPP) to upgrade the Yangon-Nay Pyi Taw-Mandalay Highway, which is used by 16 million travelers annually, said U Kyaw Lin, Deputy Minister of Construction. “We are discussing options such as applying for foreign loans as well

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