The governments of the Democratic Republic of Congo and the Republic of Congo have agreed to develop the first road-rail bridge between their capitals, Kinshasa and Brazzaville, through a public-private partnership (PPP).
The African Development Bank (AfDB) has approved a sovereign loan of US$229.5 million to the Republic of Uganda to finance phase one of the Kampala-Jinja Expressway project. Total project cost is estimated at US$1.55 billion, with financing from sovereign and non- sovereign facilities.
MegaProject 1361: German-Kuwaiti consortium sign contract for US$1.6 billion wastewater PPP in Kuwait
The Kuwait Authority for Partnership Projects (KAPP) has announced the commercial close of the Um Al-Hayman Wastewater Treatment Plant project. The selected developer, a consortium of WTE Wassertechnik GmbH Group and International Financial Advisors, has signed an agreement with the General Manager of KAPP and the Undersecretary of Ministry of Public Works to begin establishing the project company.
The Michigan Strategic Fund is planning to issue US$622.2 million Limited Obligation Revenue Bonds to finance the Michigan I-75 Modernization Project. The proceeds of the bonds will be loaned to Oakland Corridor Partners LLC (OCP), a special purpose limited liability company formed to develop and operate the project.
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).
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).
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 Jerusalem.
EllisDon Capital Inc. is preparing to issue two amortizing senior secured bonds to finance the CAD417 million (US$319.5 million) Royal Inland Hospital Expansion Project. Totaling approximately CAD154.9 million (US$118.7 million), the bonds have been assigned a first-time A3 rating by Moody's Investors Service.
The Paris-Rungis Gastronomy City Association (Syndicat cité gastronomie Paris-Rungis) has published a tender notice for a concession to construct and operate of a City of Gastronomy and implement an annexed real estate program. The estimated value of the concession is EUR2.084 billion (US$2.38 billion).
Los Angeles World Airports (LAWA) Board of Airport Commissioners (BOAC) has approved a 28-year contract for L.A. Gateway Partners (LAGP) to design, build, finance, operate, and maintain a consolidated rent-a-car (ConRAC) facility at Los Angeles International Airport (LAX), located in southern California, USA. The approved not-to-exceed value of the contract is over US$2 billion.
The National Commission for Strategy and Prognosis (CNSP) in Romania has launched the tender for the Ploieşti-Brașov motorway PPP project. This involves the construction and operation of around 120km of motorway, with a total estimated investment of EUR1.36 billion (US$1.57 billion).
The North East Link Authority (NELA) has announced that it is inviting registrations of interest (ROI) from the market for the primary package for the North East Link, a proposed new freeway in north-east Melbourne, the state capital of Victoria, south-east Australia. The business case estimates the project to cost around AUD16 billion (US$11.4 billion).
The sponsors of the EUR1 billion (US$1.15 billion) Blankenburg Connection PPP project have announced that the project has reached financial close. The project involves the design, construction, financing and maintenance of new road links between Rotterdam and its port, and is the largest PPP project awarded in the Netherlands to date.
PT Angkasa Pura II (Persero), a state-owned enterprise responsible for the management of airports in western Indonesia, has launched a selection process for a strategic partner to co-manage and co-invest in Kualanamu International Airport (KNO), located in Deli Serdang, North Sumatra.
Regional Transportation District (RTD), a public transport authority operating in eight counties in Colorado, a state in the western USA, has sent a Notice of Concessionaire Termination to Denver Transit Partners (DTP), a consortium contracted in 2010 to design, construct, finance, operate and maintain a 58km commuter rail network in Denver, the state capital.
Plenary Group has announced that it has completed a AUD646 million (US$458.5 million) refinancing of the Peninsula Link, a 27km toll-free road between Carrum Downs and Mount Martha in the south-east of Melbourne, Australia.
The Government of Ecuador's Ministry of Transport and Public Works has launched a tender for the design, financing, construction, operation and maintenance of the Guayaquil Southern Viaduct. The total estimated investment of the project is US$1.14 billion.
The Government of Nova Scotia, a province in eastern Canada, has announced that the redevelopment of the QEII Health Sciences Centre, known as the QEII New Generation project, will be partly undertaken through a public-private partnership (P3). The total cost of the project is estimated to be CAD2 billion (US$1.54 billion).
Kenya's Urban Roads Authority (KURA) has announced that it has shortlisted three firms/consortia to develop the 2nd Nyali Bridge under a public-private partnership (PPP). The estimated capital cost of the project is US$200 million.
MegaProject 1344: Private parties invited to register interest in US$1 billion rail project in Australia
The Australian Rail Track Corporation (ARTC) has opened a Registration of Interest (ROI) process for the Inland Rail PPP project. This involves the design, construction, financing and maintenance of a 130km railway between Gowrie and Kagaru, in the northeastern state of Queensland.