The Government of Israel has issued a request for qualifications (RFQ) seeking a private firm to operate and expand the Jerusalem Light Rail Transit Network which is intended to include the Red Line, the Red Line Extensions and the Green (the J-Net). At a later stage, the J-Net may be expanded to include the Blue Line.
Infrastructure/PPP news in Asia
The Philippine Department of Transportation (DOTr) has extended the deadline for the submission of qualification documents for the Philippine Regional Airports Development, Operations and Maintenance project under the public-private partnership (PPP).
Ministry of Energy and Mineral Resources of Jordan (MEMR) has issued a Request for Expression of Interest (RFEOI) seeking interested developers to carry out a waste-to-energy project in Irbid Governorate on build, own, operate and transfer basis.
Arabia Saudi's General Authority of Civil Aviation (GACA) has announced that the development and operation of Taif, Qassim and Hail airports will be entrusted to consortiums of national and global companies.
A total of 11 companies have expressed interest in running the operation and maintenance (O&M) of Ahmedabad and Jaipur airports, the contracts for which are expected to be awarded by the end of May.
The Philippine PPP Center has approved fund support to conduct the feasibility study and transaction advisory services for the operation and management of the Cebu Bus Rapid Transit (BRT) project.
MMC Corp Bhd's subsidiary MMC Port Holdings Sdn Bhd has acquired a the remaining 51% stake in Penang Port Sdn Bhd (PPSB), the operator of Malaysia's oldest port.
MEP Infrastructure Developers Limited and Spain's Constructora San Jose have achieved financial close for the Mahuva - Kagavada section in India.
Global infrastructure fund manager Hastings Funds Management has won an infrastructure debt investment mandate from the Development Bank of Japan Inc. and DBJ Asset Management Co., Ltd (collectively DBJ Group), targeting investments in OECD countries.
The government of Japan is to privatize Fukuoka International Airport, Japan’s fourth biggest airport measured by passenger traffic after Tokyo Narita, Tokyo Haneda and Kansai.
Fairfax India Holdings Corporation has completed its previously announced acquisition of 38% of the outstanding shares of Bangalore International Airport Limited for an aggregate consideration of approximately INR25.22 billion (US$385 million).
The Mumbai Metropolitan Region Development Authority (MMRDA) has received bids from several international companies to build the Mumbai Trans Harbour Link (MTHL).
IRB Infrastructure Developers, an Indian highway construction company part of the IRB Group, has announced it has completed the acquisition of remaining 26% stake in M.V.R Infrastructure and Tollways Pvt. Ltd. (MVR) from its previous promoters and other shareholders.
MEP Infrastructure Developers Limited has announced the financial closure of the Talaja-Mahuya Section PPP project.
The consortium led by WTE Wassertechnik GmbH Group (WTE) bid lowest on the Umm Al Hayman wastewater project in Kuwait, offering a price 6% below rival bidder Kharafi National KSC.
Oman Power and Water Procurement Company (OPWP) has announced that six bidders have been pre-qualified in relation to the RFQ for the development of a water desalination plant in Khasab.
Bangladesh Parjatan Corporation (BPC), under the Ministry of Civil Aviation and Tourism, has re-launched a tender process to develop an International-Standard Tourist Complex through PPP model at Cox’s Bazar, the prime sea-side resort town of Bangladesh.
China Everbright Water Limited has announced that it has secured three waste water treatment upgrading projects, involving a total investment of approximately CNY210 million (US$30.36 million).
The Asian Development Bank (ADB) has commited to the Philippine's government of US$100 million to finance feasibility studies on infrastructure projects rail, bridge, irrigation and road sectors.
Hyderabad International Airport Ltd (HIAL), a unit of GMR Infrastructure is planning to raise US$250-300 million by selling offshore bonds.