The consortium made up of VINCI Airports, ORIX and Kansai Airports signed with Kobe City the 42-years concession contract for the operation of Kobe airport (Japan).
Infrastructure/PPP news in Japan
The city of Kobe has named as preferred bidder for the 42-year Kobe airport concession contract the joint venture formed by VINCI Airports, ORIX Corporation and Kansai Airports.
A consortium led by Mitsubishi Estate has signed the concession agreement to operate the Takamatsu Airport in Japan.
AMP Capital has reached final close on the AMP Capital Infrastructure Debt Fund III (IDF III), raising US$2.5 billion for the mezzanine debt strategy, an additional US$800 million in co-investment rights and securing a further US$800 million from investors who want access to its deal capabilities.
Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has shortlisted five consortia for the tender process to privatize the operation of Fukuoka Airport.
Macquarie has announced that Macquarie European Infrastructure Fund II (MEIF2) has agreed to sell its 100 per cent interest in National Car Parks Limited (NCP) to a consortium of Park24, a listed Japanese strategic buyer and Development Bank of Japan Inc. (DBJ), a Japanese government-owned financial institution.
Japan’s Ministry of Land, Infrastructure, Transport and Tourism (MLIT) has announced that it has started a tender process to privatize the operation of Fukuoka Airport.
The Asian Development Bank (ADB) announced two new initiatives to improve and monitor the business environment for public-private partnerships (PPPs) in Asia and the Pacific. The measures, which aim to strengthen the bankability and implementation of PPPs, were announced in Yokohama, Japan at the 50th Annual Meeting of ADB's Board of Governors.
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.
CIM Group, LLC and Mitsui & Co., Ltd. have announced a strategic partnership that expands both organizations’ growth initiatives in real estate and infrastructure investments across North America.
AMP Capital has raised US$2.4 billion for its global infrastructure platform at final close, with more than 50 institutional investors committing to its global mandate to invest in high-quality assets offering the best relative value.
Aichi Road Concession, Inc. and the Aichi Prefectural Road Public Corporation (APRPC) signed on August 31 an agreement for the concession of a toll road in Aichi prefecture, in central Japan.
Japan's Pension Fund Association for Local Government Officials, or Chikyoren, has announced it has hired Mitsubishi UFJ Trust and Banking to manage its global infrastructure investments.
The Dai-ichi Life Insurance Company, Limited has made a commitment to invest JPY10 billion (US$99 million) as seed money to the Cosmic Blue PF Trust Lily, an infrastructure debt fund which invests in overseas infrastructure project finance.
The government of Japan has started the market sounding to select a qualified private firm to run the Fukuoka airport concession.
The Aichi Prefectural Road Public Corporation (APRPC) has selected a Maeda Corporation-led team for the concession to operate eight toll roads in the Aichi prefecture, in central Japan.
Nippon Life Insurance Company, together with its wholly owned subsidiaries Nippon Life Global Investors Americas, Inc. (NLGI Americas) and Nippon Life Global Investors Europe PLC (NLGI Europe),
The Asian Development Bank (ADB) has entered into an agreement with the Japan International Cooperation Agency (JICA) to establish a new fund to support private infrastructure investments across Asia and the Pacific. The fund, Leading Asia’s Private Infrastructure, or LEAP, will be capitalized by $1.5 billion in equity from JICA, and will be managed by ADB’s Private Sector Operations Department.
Sumitomo Mitsui Banking Corporation (SMBC) has recently announced that it will create a new class of instruments to sell project finance debt securities in Japan.