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24 Mar 2016

Moody’s consigns short-term rating for SH-288 highway PPP project

Moody’s Investors Service has allocated a provisional Baa3 rating to Blueridge Transportation Group, LLC’s approximately $303.3 million Private Activity Bonds (PABs) and approximately $356.8 million Transportation Infrastructure Finance and Innovation Act (TIFIA) loan. According to Moody’s, the rating outlook is steady. Blueridge Transportation Group, LLC is a special purpose entity.

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24 Mar 2016

Blue O’pen consortium wins the PPP tender to commercialization of Petroleum Zuid site

The City of Antwerp, Participatie Maatschappij Vlaanderen (PMV) and Waterwegen en Zeekanaal (W&Z) have granted the Blue O’pen consortium the PPP tender to continue the remediation, renovation and commercialization of the historically contaminated Petroleum Zuid site. Blue O’pen consortium encompasses the environmental and marine engineering group DEME and real estate

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24 Mar 2016

Panama Canal Authority received qualification documents for the development of container terminal PPP project

The container terminal project in the Corozal area of the Panama Canal will be developed as Public Private Partnership (PPP) model. The Panama Canal Authority (ACP) received on March 11 the qualification documents of those interested companies in the development of this scheme. The project consists of design, develop, finance,

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22 Mar 2016

Jimoh Ibrahim suggests ways to government of Nigeria to make the PPP productive

Barrister Jimoh Ibrahim, billionaire businessman of Nigeria who is identified for his contributions to the development of Nigerian assets through privatization, took his campaign for effective public private partnership to the Nigeria Public Private Partnership Conference 2016 held recently The event is Nigeria’s largest infrastructure investment promotion conference and exhibition.

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22 Mar 2016

House of representatives approves 2nd reading bill firming PPP

The House of Representatives has sanctioned on second reading a bill seeking to institutionalize and reinforce Public-Private Partnership (PPP) in infrastructure and development projects and appropriating funds therefore. House Bill 6331, or the proposed “Public-Partnership Act” was recommended for plenary consent by the committees on appropriations chaired by Rep. Isidro

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22 Mar 2016

VAP3 PURSUES REMARKS ON VALUE FOR MONEY GUIDELINES DOCUMENT

The Virginia Office of Public-Private Partnerships (VAP3) has distributed a request for comments on its updated P3 Value for Money (VFM) Guidelines. The guidelines are planned to help the office and state or local agencies or regional authorities that develop or operate transportation facilities to formulate a value for money

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22 Mar 2016

ALABAMA ARMY OFFICIAL ASKS FOR MORE MONEY-SAVING P3S TO DEVELOP SOLAR FARM

Alabama Power Company will build a 10-megawatt alternating current solar farm at Anniston Army Depot in northeastern Alabama. As per the information given by the Army, The Army and Alabama Power will enter into a 30-year easement for up to 90 acres of land at the depot. The depot will

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21 Mar 2016

Peru to Stimulate Productivity and Fortify Fiscal Management in PPP with the support of World Bank

The World Bank Board of Executive Directors accepted two projects to promote productivity in Peru on 11th February. The projects will increase human capital and competitiveness, and on the other, strengthen public expenditure management and risk management in public-private partnerships. Alonso Segura, Minister of Economy and Finance of Peru said,

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