Asia Allied Infrastructure Holdings Limited announced that its controlling shareholder has entered into an agreement on 23 March 2018 in relation to the disposal of 9.8% shares to SFund International Investment Fund Management Limited.
Infrastructure/PPP news in Asia
An inter-ministerial tender committee of the Government of Israel has awarded a PPP project involving the construction and operation of a waste treatment facility to Zero Waste, a company jointly owned by Shikun u'Binui Holdings through its concessions division, and Azrieli Group, through its GES subsidiary.
The Asian Development Bank (ADB) and the Government of Pakistan have signed an agreement for a US$100 million loan to promote public-private partnerships in the Punjab province, in the north-east of Pakistan.
The Water and Electricity Company (WEC) of Saudi Arabia has issued a Request for Proposals (RFP) to prequalified companies for an independent sewage treatment plant (ISTP) at Jeddah Airport, officially called King Abdulaziz International Airport, located to the north of Jeddah, a city in the west of Saudi Arabia.
It has emerged that the Dau Giay-Phan Thiet Expressway PPP project, which involved the design, construction, financing, operation and maintenance of a 98.7km four-lane expressway linking the Dong Nai and Binh Thuan provinces of Vietnam and represented an investment of US$757.7 million, has been cancelled.
The Ministry for Investments and Development of the Republic of Kazakhstan has issued a Request for Expressions of Interest for a public-private partnership project involving the design, implementation and operation of a tolling system on certain public roads in the country.
International Bulk Thilawa Terminal Limited (IBTT) has secured a loan facility from the International Finance Corporation (IFC) to develop a US$65 million port project at Thilawa Special Economic Zone in Yangon, Myanmar.
China Everbright Water Limited has announced that the company has recently secured multiple sub-projects under the Ji'nan Zhangqiu Urban-Rural Integration Water Supply Project in Shandong Province, in eastern China, which the company won in March 2017.
Metro Pacific Investments Corp (MPIC) has announced that its subsidiary MetroPac Water Investments Corporation (MPW) has signed a share purchase agreement for the acquisition of a 49% stake in Tuan Loc Water Resources Investment Joint Stock Company, one of the largest water companies in Vietnam.
Malaysia Airports Holdings Bhd (MAHB) has entered into a share purchase agreement for its entire 23% stake in GMR Male International Airport Ltd (GMIAL). The company expects to gain US$7.3 million from the sale.
The state-owned National Water Company (NWC) of Saudi Arabia has awarded a procurement advisory services contract for a project concerning the provision of water distribution services in Saudi Arabia to a consortium containing Mizuho Bank, White & Case and Atkins, a member of the SNC-Lavalin Group.
Macquarie Infrastructure and Real Assets (MIRA), a division of Macquarie Group, has announced the close of its second Asian regional infrastructure fund at its hard cap of $US3.3 billion in investor commitments.
The Government of Thailand has approved the country's second high-speed railway PPP project, which will involve the development of a 220km line linking three international airports. It is expected to cost approximately THB225 billion (US$7.2 billion).
Fairfax India Holdings Corporation has entered into an agreement to acquire an additional 6% of the outstanding shares of Bangalore International Airport Limited (BIAL) from Siemens Project Ventures GmbH, part of Siemens’ Financial Services Division, for an aggregate investment of approximately US$67 million.
The head of Kuwait's Directorate General of Civil Aviation (DGCA), Sheikh Salman Sabah Salem Al-Humoud Al-Sabah, has announced that the government is studying the possibility of tendering a PPP contract for the development of a new airport in the country, which would be able to handle 25 million passengers a year.
The Water & Electricity Company (WEC) of Saudi Arabia has published a Request for Expressions of Interest for the Jubail Phase 3 Independent Water & Power Project, to be located on the Arabian Gulf Coast, approximately 18km south of the Jubail Industrial City, adjacent to the existing plant units (Jubail Phase 1, Jubail Phase 2 and Jubail RO plants), in the Eastern Province of the Kingdom of Saudi Arabia.
The Government of Andhra Padresh has issued a request for proposals for the development of Amaravati Marina on a design, build, finance, operate and transfer (DBFOT) basis. Amaravati is the capital of Andhra Padresh, a state in the south-east of India. The estimated value of the project is about INR400 millions (US$6.14 million).
CITIC Envirotech Ltd has announced that the Group was awarded a Public-PrivatePartnership (PPP) project in Xiaogan City, Hubei Province, China.
Saudi Arabia's Water & Electricity Company (WEC) has issued a Request for Proposals to ten pre-qualified bidders for the Damman Independent Sewage Treatment Project. Proposals are sought for the development of a sewage treatment plant with a planned capacity of up to 330,000 m3/day, to be located west of the city of Dammam on the country's Gulf coast.
The Bishkek City Development Agency has selected Aninver to conduct a feasibility study of a street parking project in the city, the capital of Kyrgyzstan, located in the north of the country.