12 Oct 2018

Plenary completes US$460 million refinancing of road PPP in Australia

Plenary Group has announced that it has completed a AUD646 million (US$458.5 million) refinancing of the Peninsula Link, a 27km toll-free road between Carrum Downs and Mount Martha in the south-east of Melbourne, Australia. In 2010, the state government of Victoria contracted the Southern Way consortium to finance, design, construct,

0
12 Oct 2018

Tender for US$1 billion road PPP launched in Ecuador

The Government of Ecuador’s Ministry of Transport and Public Works has launched a tender for the design, financing, construction, operation and maintenance of the Guayaquil Southern Viaduct. The total estimated investment of the project is US$1.14 billion. The project spans a total length of 44.2km and is split into four

0
10 Oct 2018

Public-Private Partnership Sought To Provide Employee Housing At Acadia National Park

A unique approach to employee housing — a public-private partnership — is being explored at Acadia National Park, where the National Park Service is gauging the interest of private individuals, housing and lodging developers, and other organizations to enter into an agreement to construct and operate housing for seasonal park

0
09 Oct 2018

Logistics zone, transport jetty to be built under public-private partnership

The Yangon Regional Gvernment is going to develop the Ngwe Pin Lel Integrated Logistics Zone and Inland Water Transport Jetty under a public-private-partnership (PPP) agreement, U Myint Thaung, the regional minister of planning and finance for Yangon Regional Government, said. The matter came up when regional representative Daw Sandar Min

0
09 Oct 2018

Kenya shortlists three bidders for US$200 million bridge PPP

Kenya’s Urban Roads Authority (KURA) has announced that it has shortlisted three firms/consortia to develop the 2nd Nyali Bridge under a public-private partnership (PPP). The estimated capital cost of the project is US$200 million. The project will involve the construction, operation and maintenance of a six-lane bridge (three lanes in

0
05 Oct 2018

Total cost of QEII redevelopment will be about $2 billion

The Nova Scotia government has decided to partner with a private company to replace three aging buildings at the QEII hospital complex in Halifax, part of a $2-billion redevelopment of the Maritime region’s major hospital system. The McNeil government will begin the search for that partner this fall by issuing

0
01 Oct 2018

US$3 billion Canada-USA bridge PPP reaches financial close

Bridging North America (BNA), a consortium comprised of Fluor, Aecon and ACS Group, through its affiliates ACS Infrastructure (Iridium) and Dragados, has closed financing for the Gordie Howe International Bridge project, valued at over CAD3.8 billion (US$2.94 billion). The project involves the design, construction, financing, operation and maintenance of new

0
27 Sep 2018

Carillion collapse sees second multi-million pound hospital PPP terminated in the UK

The Royal Liverpool and Broadgreen University Hospitals National Health Service (NHS) Trust has announced that its Board of Directors has decided to terminate the PPP contract to construct and maintain a new hospital in its service area. The 30-year contract, structured under the UK government’s PPP model – Private Finance

0
26 Sep 2018

Developers open to partnership with Hong Kong government on public-private housing, but quota ‘down to calculation’

Property developers in Hong Kong have said they are open to a partnership with the government to free up vast stretches of farmland for housing but added the number of public flats set aside for each plot would be “all down to calculation”. The comments by the Real Estate Developers

0
26 Sep 2018

Long Beach Public/Private Partnership Leads to Highly Anticipated Grand Opening of City’s First Solar, All Electric New-Home Neighborhood

City Ventures, one of California’s leading eco-friendly homebuilders, has announced the highly anticipated opening of Huxton in downtown Long Beach, the city’s first solar, all-electric new-home neighborhood. A public Grand Opening and debut of a furnished model home is set for this Saturday, September 29, 2018. Huxton is the result

0