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10 May 2016

Slovakia bypass PPP project faced hindrance due to Administrative delay

The commencement of the new bypass project around Slovakia’s capital, Bratislava has been delayed for some administrative issues. A joint venture team headed by Spanish contractor Cintra Infraestructuras is conducting the project. The project’s agreement should have been signed on 4th March 2016 by the Slovakian Government. A reason for

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10 May 2016

CalPERS purchased 10 percent share of ITRCC

The California Public Employees; Retirement System (CalPERS), nation’s largest public pension fund publicized on May 4 that it had obtained a 10 percent share of the Indiana Toll Road Concession Company LLC (ITRCC) from IFM Investors. This state toll road is being maintained and partially rebuilt through a public-private partnership.

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10 May 2016

Planned Paraguay road expansion PPP project has been postponed

Paraguay’s Ministry of Public Works and Communications (MOPC) has declared that the bidding process for Paraguay’s route II and route VII Ypacarai-Pastoreo road expansion project has been postponed. According to their information the bidding will start on 29th June 2016. Some participants in this process requested for the delay which

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10 May 2016

Saskatchewan’s first long-term care facility PPP project been accomplished in time and on budget

Saskatchewan announced on May 2 that the first public-private partnership project in the province, a long-term care facility located in the city of Swift Current in southwest Saskatchewan, was completed on time and on budget. It will make available 225 beds in one location compared to the 198 beds that

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09 May 2016

World Bank approved worth $1.25bn loan to protect two projects in Peru

The World Bank has sanctioned two loans each worth $1.25bn to protect two projects in Peru in the event of significant economic or environmental shocks. The $2.5bn in funding will take the form of contingency loans, released if events, such as international financial market volatility, pose a threat to the

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09 May 2016

PPP framework will be followed to cultivate pomegranate in Lambayeque

This year Peru has shipped over 4.2 million dollars of pomegranates in the first two months of the year, i.e. 97% more than in the same period last year. As per Sierra Exportadora’s information, pomegranate exports amplified by 25% in 2015. Sierra Exportadora promotes pomegranate crops and trains small producers

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06 May 2016

SAN FRANCISCO SEEKS CONSULTANT TO DECIDE MODE FOR BROADBAND INITIATIVE

San Francisco is looking for advisory services to support its scheme to install a citywide fiber-optic network that will make gigabit Internet service municipal access to gigabit Internet service. According to a request for information released by the City and County of San Francisco Department of Technology, the consultant will

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06 May 2016

P-infra baggs Mexican highway concession project

The Secretariat of Communications and Transportation (SCT) of Mexico, the national federal entity in Mexico in charge of concession projects, has conferred the “Viaducto La Raza – Indios Verdes – Santa Clara”​concession project to P-infra. Pinfra’s proposal comprised construction costs of US$248 million. P-infra offered toll fees of around US$2.

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