27 Jun 2017

2017 Budget: Fashola condemns National Assembly’s name-calling tactic

The Minister of Power, Works and Housing, Mr Babatunde Fashola, has expressed concern over the reaction of the National Assembly to his observations on the 2017 Budget as passed the legislature. Fashola had in a recent interview, complained that the legislators had in approving the budget, reduced funds for some

21 Jun 2017

Technology-based PPP model key to transforming India: Amitabh Kant

The Public-Private Partnership aided by technology can bring radical transformation in the country, boosting implementation of various government schemes, NITI Aayog CEO Amitabh Kant said on Tuesday here. “India is changing rapidly and to my mind, two things are critical for it to do so,” Kant said at a technology

20 Jun 2017

Philippines to attract more FDI despite global uncertainties

THE CENTRAL BANK expects a fresh high for foreign direct investments (FDI) this year, with strong economic growth prospects and the country’s infrastructure push expected to attract investors to the Philippines despite nagging global uncertainties. The Bangko Sentral ng Pilipinas (BSP) projects FDI inflows to hit $8 billion this year,

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

President Donald Trump and President Klaus Iohannis of Romania Joint Press Conference
14 Jun 2017

The potholes in Trump’s public-private infrastructure plan

After a turbulent start to his administration, President Donald Trump is looking for ways to change the national conversation. With controversies swirling, and following a deeply unpopular decision to withdraw from the Paris climate agreement, last week the administration began to talk about its infrastructure agenda. But the facts of

14 Jun 2017

HCM City needs over $5.64 billion for development investment

Ho Chi Minh City needs to mobilize VND128 trillion (US$5.64 billion) from now until 2020 for development investment, reported the Department of Planning and Investment yesterday. The agency was reporting at meeting chaired by deputy chairman of the city People’s Committee Tran Vinh Tuyen. At present, the city is able

12 Jun 2017

Tolls, private financing obstacles to Trump’s infrastructure plan

President Donald Trump’s grand plan to spend $1 trillion over the next 10 years on highways and other infrastructure improvements faces a formidable roadblock in Congress and state legislatures. There’s agreement the investment is badly needed to improve the nation’s sagging infrastructure but how to cover the huge expense is

12 Jun 2017

Health Minister Says Partnership With Private Pharmacies Nothing But Positive

Health Minister Dr Christopher Tufton is reporting a significant reduction in waiting time and over 17,000 prescriptions filled to date since the government forged a partnership with private pharmacies to dispense drugs on its behalf. “The response has been nothing but positive,” Tufton said, while delivering the keynote address at

12 Jun 2017

Dubai Chamber conference marks UAE’s Year of Giving

The Dubai Chamber of Commerce and Industry recently hosted its annual Dubai Dialogue conference at its premises, focusing on the UAE’s Year of Giving and highlighting the important role that public-private partnerships can play in achieving the objectives of the national initiative. The event, organised by the Chamber’s Centre for

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