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31 Oct 2018

US$525 million financing secured for 4G road project in Colombia

The Ministry of Transport of the government of Colombia and the national development bank Financiera de Desarollo Nacional (FDN) have announced that the Bucaramanga-Barrancabermeja-Yondó ​road project has reached financial close, having secured financing totalling COP1.68 trillion (US$527.4 million). This includes COP280.9 billion (US$88.2 million) senior debt and a COP105 billion

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31 Oct 2018

Seven bidders for US$575 million airport PPP in India

Andhra Pradesh Airports Development Corporation (APDCL) has received seven responses to a Request for Qualifications (RFQ) for the development of a greenfield international airport in the state, located in the south-east of India. The estimated total investment of the project is INR42 billion (US$574.6 million). To be located in Bhogapuram,

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30 Oct 2018

Chile signs public-private partnership to connect Graneros

Chilean telecommunications regulator Subtel announced that the government has signed a public-private agreement with the company Mundo Pacifico to connect the isolated town of Graneros in the O’Higgins region. Under the terms of the deal, 12 free Wi-Fi hotspots will be installed in public spaces throughout the town and the

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30 Oct 2018

Public-private partnerships reaching across Texas

Lacking a good source of high-speed internet, Bridgeport kids have resorted to hanging out at fast-food restaurants to get online and do homework. That could change soon, thanks to a new cable that’s coming to town under a public-private partnership between the small Wise County city and a private company.

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30 Oct 2018

Hammond abolishes PFI contracts for new infrastructure projects

Controversial PFI and PF2 contracts, under which private companies provide public services and infrastructure, are to be abolished in the wake of the collapse of construction firm Carillion. Chancellor Philip Hammond said doing away with the public-private partnerships, which have been heavily criticised for failing to deliver value for money,

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29 Oct 2018

Job Creation: FG Advocates Public Private Partnership

The Honourable Minister of Labour and Employment, Sen. Chris Ngige, today called on organized private sector to collaborate with the Federal Government in its effort at addressing the menace of youth unemployment in Nigeria. Addressing a breakfast session of the ongoing National Economic Summit (#24) in Abuja with the theme,

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29 Oct 2018

Israeli government signs franchise agreement for US$270 million highway PPP

The government of Israel, represented by the Ministry of Finance accountant general department, the Ministry of Transport, and the National Road Safety Authority, has signed a franchise agreement with Shapir Engineering & Industry and Impresa Pizzarotti for the design, financing, construction, operation and maintenance of a new 5km highway in

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26 Oct 2018

Lomé to host forum on public-private partnership’s contribution to agropole creation on Nov 22-23

Togo First – Next month, November 22 and 23, Lomé will host a major forum on opportunities for Togolese and foreign investors to co-finance agropoles in Togo. This was announced on Wednesday October 24 by Odilia Gnassingbé (photo), Executive director of Autonomous centre for study and reinforcement of development capacities

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