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08 Jun 2017

ICD signs three MoUs to strengthen collaboration

THE Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of Islamic Development Bank (IDB) Group signed three a Memorandum of Understanding in quick succession to strengthen collaboration. The first one was with the City Bank, Bangladesh in order to boost cooperation for fostering private

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08 Jun 2017

Public-Private Partnership Funds Innovation Incubator In Alapocas, Delaware

Delaware Innovation Space, Inc., a nonprofit public-private partnership established by the State, DuPont, and University of Delaware, is funding the Innovation Space headquartered at the DuPont Experimental Station research campus, 4 miles from Wilmington, in Alapocas, Delaware. “DuPont’s vision for the Experimental Station is to harness the power of collaboration

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02 Jun 2017

New York’s Hudson River tunnel project opens door to private firms

The board overseeing the construction of a new train tunnel under New York’s Hudson River agreed on Thursday to solicit information from private-sector construction and finance firms about how to complete the multibillion-dollar project. The tunnel, part of national rail company Amtrak’s $24 billion Gateway Program, could potentially use a

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31 May 2017

Energy Authority moves ahead with solar farm

A public-private partnership on a 40-acre solar farm in Telford could bring the Johnson City Energy Authority $42,000 per year and help stabilize local power bills, officials say. According to a project agreement struck Tuesday by the Authority’s board of directors, the utility will have financial rights to 10 percent

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31 May 2017

Fed Govt, Reps begin overhaul of PPP laws

The House of Representatives has declared its intention to overhaul the extant laws on Public Private Partnership (PPP). The position of the House was also supported by the Infrastructure Concession Regulatory Commission (ICRC) on the basis that the review will accelerate the process of infrastructure development in the country. At the

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30 May 2017

CDB supports public private partnerships in the Caribbean

CARIBBEAN Development Bank (CDB) has launched an innovative ‘Toolkit’ to guide regional governments, companies, investors and financiers interested in public-private partnerships (PPP) projects. The Caribbean PPP Toolkit is a joint initiative of CDB, the World Bank (WB), Public Private Infrastructure Advisory Facility (PPIAF), Inter-American Development Bank (IDB), and the Multilateral

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29 May 2017

Best practices in implementation of PPPs

Various countries from both developed and developing nations are providing infrastructure using public-private-partnership (PPP) arrangements. From the lessons learnt from several countries that have implemented such projects, countries joining the bandwagon to provide infrastructure through PPPs can follow a pattern that yielded results. Effective planning of PPP projects is paramount

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26 May 2017

New York gives millions to Plattsburgh revitalization project

Exciting changes are ahead for the city of Plattsburgh. The state is putting $10 million into developing the city’s downtown. This money is going toward ten different projects around the city aimed at making Plattsburgh a vibrant destination for families. “This is the point in Plattsburgh’s economic development history. We’re

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