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Infrastructure/PPP news in Central and South America

MegaProject 1310: Ecuador launches tender for two highway PPPs

MegaProject 1310: Ecuador launches tender for two highway PPPs

🕔Aug 8, 2018

Ecuador's Ministry of Transport and Public Works has opened the expression of interest process to qualify national and international bidders for the development of the Santo Domingo - Quevedo and the Quevedo - Babahoyo - Jujan highways under PPP model. 

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MegaProject 1309: Tender opens for US$4.4 billion Bogotá metro PPP

MegaProject 1309: Tender opens for US$4.4 billion Bogotá metro PPP

🕔Aug 7, 2018

As promised by the Mayor of Bogotá less than two weeks ago, the Bogotá Metro Company (EMB) has announced the opening of the tender to design, partially finance, construct, operate and maintain the first line of the city's metro system. The total cost of the PPP project is US$4.4 billion.

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MegaProject 1306: IDB approves US$600 million credit line for Bogotá Metro

MegaProject 1306: IDB approves US$600 million credit line for Bogotá Metro

🕔Aug 2, 2018

The Inter-American Development Bank (IDB) has approved a US$600 million conditional credit line for the Bogotá Metro. The first loan of the credit line, amounting to US$70 million, will finance the construction of the first line of the planned system, which is to be undertaken by a private partner.

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MegaProject 1303: US$900 million road project in Colombia reaches financial close

MegaProject 1303: US$900 million road project in Colombia reaches financial close

🕔Jul 30, 2018

The Autopista al Mar 2 (Autopistas de Urabá) project, which involves a 254km highway that will connect Cañasgordas to Necoclí, in Antioquía, a department in north-west Colombia, has reached financial close. The estimated total investment is COP2.57 trillion (US$891 million).

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MegaProject 1302: Three teams bid to operate Jamaica airport

MegaProject 1302: Three teams bid to operate Jamaica airport

🕔Jul 26, 2018

The Development Bank of Jamaica has confirmed the receipt of three bids for the Norman Manley International Airport (NMIA) PPP project. Proponents are competing to operate, finance, develop and maintain the airport, the second largest in Jamaica, located approximately 30.5km from Kingston city centre.

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MegaProject 1301: Local consortium wins Brazil's first rehabilitate/maintain road concession

MegaProject 1301: Local consortium wins Brazil's first rehabilitate/maintain road concession

🕔Jul 25, 2018

Estrada do Feijão Bahia, a consortium comprising Paviservice and SVC Construções, has been awarded the concession contract to rehabilitate and maintain the BA-052 road in Bahia, a state in the north-east of Brazil. Estrada do Feijão Bahia will invest approximately BRL700 million (US$185.8 million) throughout the 20-year contract.

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MegaProject 1297: US$250 million wastewater concession tender launched in Peru

MegaProject 1297: US$250 million wastewater concession tender launched in Peru

🕔Jul 19, 2018

Peru's Private Investment Promotion Agency (ProInversión) has launched the tender for the design, financing, construction, operation and maintenance of a wastewater treatment system for the Lake Titicaca basin, located in Puno, in the south-east of the country. The project has an estimated total investment of PEN840 million (US$255.5 million).

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Corporación América Airports to invest additional US$32 million in Guayaquil Airport concession

Corporación América Airports to invest additional US$32 million in Guayaquil Airport concession

🕔Jul 12, 2018

Corporación América Airports S.A. has announced today that its 50.0% owned subsidiary Terminal Aeroportuaria de Guayaquil S.A. (TAGSA), which operates and maintains the Guayaquil Airport in the city of Guayaquil, Ecuador, has amended its concession agreement.

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MegaProject 1293: Argentinian government announces US$570 million rail PPP

MegaProject 1293: Argentinian government announces US$570 million rail PPP

🕔Jul 10, 2018

The Government of Argentina has announced that a 700km section of the North Patagonia railway will be upgraded through a public-private partnership (PPP). The estimated total investment required is US$570 million.

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MegaProject 1291: Abertis closes the investment agreements in its toll roads network in Argentina in exchange for the extension of the duration of its concessions

MegaProject 1291: Abertis closes the investment agreements in its toll roads network in Argentina in exchange for the extension of the duration of its concessions

🕔Jul 6, 2018

Spanish toll roads and infrastructure operator Abertis has closed with the government of Argentina two agreements to extend the concession contracts of both subsidiaries in the country, Autopista del Sol (Ausol) and Grupo Concesionario del Oeste (GCO)

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MegaProject 1290: Salvador Bahia Airport and Banco do Nordeste (BNB) agree on financing of the airport's modernization project

MegaProject 1290: Salvador Bahia Airport and Banco do Nordeste (BNB) agree on financing of the airport's modernization project

🕔Jul 5, 2018

Vinci's subsidiary Salvador Bahia Airport and Banco do Nordeste (BNB) have announced to have reached an agreement for a BRL516 million (US$132.14 million) loan to finance the first phase of renovation and expansion works at the airport, which will be completed by October 2019.

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RFQ for energy storage PPP in Puerto Rico

RFQ for energy storage PPP in Puerto Rico

🕔Jun 27, 2018

The Puerto Rico Public-Private Partnerships Authority (PRP3), in collaboration with the Puerto Rico Electric Power Authority (PREPA), has launched the tender process for a private partner for a project that seeks to deploy a utility-scale energy storage system on the island.

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BNDES to loan US$134 million to Brazilian airport concessionaire

BNDES to loan US$134 million to Brazilian airport concessionaire

🕔Jun 26, 2018

The Brazilian National Bank for Economic and Social Development (BNDES) has approved a BRL508 million (US$134.2 million) loan to BH Airport, the owner of the concession to operate Tancredo Neves/Confins International Airport in Belo Horizonte, located in Minas Gerais state, south-east Brazil.

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Brazil announces auction for thirteen airport concessions

Brazil announces auction for thirteen airport concessions

🕔Jun 22, 2018

The Government of Brazil has launched the fifth round of airport concessions tenders. The Investment Partnerships Program (PPI) has announced that the public consultation phase has started, with an auction scheduled for the fourth quarter of 2018.

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CHEC to build and operate

CHEC to build and operate "knowledge city" in Jamaica

🕔Jun 20, 2018

China Harbour Engineering​ Company (CHEC) is developing a knowledge city and edu-tourism venture in partnership with the University of the Commonwealth Caribbean (UCC) in Jamaica, through a build-operate-transfer agreement.

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El Salvador approves two PPPs

El Salvador approves two PPPs

🕔Jun 19, 2018

The Export and Investment Promotion Agency of El Salvador (PROESA) has announced that its Board of Directors has approved economic, financial, fiscal and social feasibility studies for two projects to be developed through public-private partnerships.

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MegaProject 1282: US$8 billion road PPPs awarded in Argentina

MegaProject 1282: US$8 billion road PPPs awarded in Argentina

🕔Jun 19, 2018

The Evaluation Commission of National Roads in Argentina has signed a resolution to award six PPP projects which altogether require around US$8 billion investment. The projects involve the design, construction, expansion, improvement, repair, remodeling, operation, maintenance and commercial exploitation of roads located throughout the country, grouped into six corridors.

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CCR acquires controlling stake in airport concession in Costa Rica

CCR acquires controlling stake in airport concession in Costa Rica

🕔Jun 14, 2018

CCR has agreed to acquire a further 48.15% in Aeris Holding, which owns the concession to operate San José airport in Costa Rica, for US$60 million. The acquisition increases CCR's stake in the company from 49% to 97.15%.

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MegaProject 1277: Bogotá Metro Company negotiating US$1.2 billion financing for PPP

MegaProject 1277: Bogotá Metro Company negotiating US$1.2 billion financing for PPP

🕔Jun 11, 2018

The Bogotá Metro Company (EMB) has announced that it has begun negotiating financing for the Line 1 PPP project with the World Bank and Inter-American Development Bank (IDB). The state-owned company is hoping to secure US$600 million from both financiers for the design, financing, construction, procurement, testing, commissioning, operation and maintenance of the first line of the Bogotá Metro.

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MegaProject 1275: London and Paris metro operators compete for Buenos Aires concession

MegaProject 1275: London and Paris metro operators compete for Buenos Aires concession

🕔Jun 6, 2018

The operators of the renowned London Underground and Paris Métro are reportedly competing for the concession to operate the metro system in Buenos Aires, known as the Subte. The contract is thought to be worth around US$3.5 billion over 10 years.

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