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Megaprojects News

MegaProject 1362: Private partner to develop US$550 million Kinshasa-Brazzaville bridge

MegaProject 1362: Private partner to develop US$550 million Kinshasa-Brazzaville bridge

🕔Nov 12, 2018

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).

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MegaProject 1362: AfDB approves financing for US$1.55 billion expressway PPP in Uganda

MegaProject 1362: AfDB approves financing for US$1.55 billion expressway PPP in Uganda

🕔Nov 7, 2018

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.

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MegaProject 1361: German-Kuwaiti consortium sign contract for US$1.6 billion wastewater PPP in Kuwait

MegaProject 1361: German-Kuwaiti consortium sign contract for US$1.6 billion wastewater PPP in Kuwait

🕔Nov 6, 2018

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.

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MegaProject 1360: US$620 million bond issue to finance highway modernisation P3 project in USA

MegaProject 1360: US$620 million bond issue to finance highway modernisation P3 project in USA

🕔Nov 2, 2018

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.

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MegaProject 1359: US$525 million financing secured for 4G road project in Colombia

MegaProject 1359: US$525 million financing secured for 4G road project in Colombia

🕔Oct 31, 2018

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).

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MegaProject 1358: Seven bidders for US$575 million airport PPP in India

MegaProject 1358: Seven bidders for US$575 million airport PPP in India

🕔Oct 30, 2018

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).

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MegaProject 1357: Israeli government signs franchise agreement for US$270 million highway PPP

MegaProject 1357: Israeli government signs franchise agreement for US$270 million highway PPP

🕔Oct 29, 2018

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.

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MegaProject 1356: EllisDon to issue bonds to finance US$320 million hospital P3 in British Columbia

MegaProject 1356: EllisDon to issue bonds to finance US$320 million hospital P3 in British Columbia

🕔Oct 26, 2018

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.

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MegaProject 1355: Paris authority seeking concessionaire for US$2.4 billion Gastronomy City

MegaProject 1355: Paris authority seeking concessionaire for US$2.4 billion Gastronomy City

🕔Oct 25, 2018

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).

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MegaProject 1354: US$2 billion contract approved for rent-a-car facility P3 at LA airport

MegaProject 1354: US$2 billion contract approved for rent-a-car facility P3 at LA airport

🕔Oct 24, 2018

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.

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MegaProject 1353: Tender for US$1.6 billion motorway PPP launched in Romania

MegaProject 1353: Tender for US$1.6 billion motorway PPP launched in Romania

🕔Oct 23, 2018

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).

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MegaProject 1352: Registrations of Interest sought for multi-billion dollar road PPP in Australia

MegaProject 1352: Registrations of Interest sought for multi-billion dollar road PPP in Australia

🕔Oct 19, 2018

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).

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MegaProject 1351: Largest PPP project awarded in the Netherlands achieves financial close

MegaProject 1351: Largest PPP project awarded in the Netherlands achieves financial close

🕔Oct 18, 2018

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.

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MegaProject 1350: Strategic partner sought for fourth largest airport in Indonesia

MegaProject 1350: Strategic partner sought for fourth largest airport in Indonesia

🕔Oct 17, 2018

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.

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MegaProject 1349: US transport authority initiates termination of multi-billion rail P3

MegaProject 1349: US transport authority initiates termination of multi-billion rail P3

🕔Oct 16, 2018

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.

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MegaProject 1348: Plenary completes US$460 million refinancing of road PPP in Australia

MegaProject 1348: Plenary completes US$460 million refinancing of road PPP in Australia

🕔Oct 11, 2018

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.

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MegaProject 1347: Tender for US$1 billion road PPP launched in Ecuador

MegaProject 1347: Tender for US$1 billion road PPP launched in Ecuador

🕔Oct 10, 2018

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.

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MegaProject 1346: Canadian province to tender US$1.5 billion hospital P3

MegaProject 1346: Canadian province to tender US$1.5 billion hospital P3

🕔Oct 9, 2018

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).

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MegaProject 1345: Kenya shortlists three bidders for US$200 million bridge PPP

MegaProject 1345: Kenya shortlists three bidders for US$200 million bridge PPP

🕔Oct 8, 2018

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.

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MegaProject 1344: Private parties invited to register interest in US$1 billion rail project in Australia

MegaProject 1344: Private parties invited to register interest in US$1 billion rail project in Australia

🕔Oct 4, 2018

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.

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