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).
Social & Health News
The Ministries of Health and Public Works of the government of Chile have published a schedule for the tender of eighteen hospital concessions with a total investment of over US$2.5 billion.
MegaProject 1339: Carillion collapse sees second multi-million pound hospital PPP terminated in the UK
The Royal Liverpool and Broadgreen University Hospitals National Health Service (NHS) Trust has announced that its Board of Directors has decided to terminate the PPP contract to construct and maintain a new hospital in its service area.
McBains Hellas has been appointed to act as technical advisors for a developmental Public-Private Partnership (PPP) project for building a new research centre for the Biomedical Research Foundation of the Academy of Athens (BRFAA) that will provide personalised medical services.
EdR has announced the completion of its acquisition led by funds managed by an affiliate of Greystar Real Estate Partners. The total transaction value is approximately US$4.6 billion.
BaltCap has announced that the BaltCap Infrastructure Fund (BInF) will finance a project for a new school and preschool in the Kalnėnai neighbourhood of Vilnius. This will be only the second new school built in the Lithuanian capital since the restoration of independence in 1990.
Astaldi S.p.A. has announced that it has signed the closing on the sale of its 59.4% stake in Veneta Sanitaria Finanza di Progetto S.p.A., the concessionaire of Ospedale dell’Angelo in Venice-Mestre, Italy (also known as the New Hospital in Mestre). The transaction amount is in line with the expected book value of the asset: EUR50 million (US$58.8 million).
Los Angeles World Airports (LAWA) Board of Airport Commissioners (BOAC) has approved L.A. Gateway Partners (LAGP) as the Recommended Developer to design, build, finance, operate and maintain a Consolidated Rent-A-Car (ConRAC) Facility at Los Angeles Airport (LAX), located in southern California, USA.
EllisDon Infrastructure Healthcare has announced that it has reached financial close on a healthcare centre redevelopment project in Toronto. This comes less than one week after West Park Healthcare Centre and Infrastructure Ontario announced that the contract to design, build, finance and maintain the project had been awarded to the EllisDon team.
Bird Construction Inc. (Bird) has announced that it has been selected by Infrastructure Ontario, the Ministry of Community Safety & Correctional Services and the Ontario Provincial Police (OPP) as the preferred proponent to design, build and finance (DBF) the Ontario Provincial Police Modernization Phase 2 project.
Sandwell and West Birmingham Hospitals (SWBH) National Health Service (NHS) Trust has recommended that the Midland Metropolitan hospital, located in Smethwick, in the West Midlands region of England, be completed using public funds. The local health authority awarded a 30-year contract for the design, construction, financing and maintenance of the hospital to Carillion in August 2015.
The City of Marseille has published a concession notice for the development and operation of the conference and exhibition centre in the city. The 30-year concession has an estimated total value of EUR1.2 billion (US$1.4 billion).
Haringey Council has voted to scrap the Haringey Development Vehicle (HDV), a public-private partnership, in development since 2015, that entailed the construction of 6,400 homes and represented over GBP2 billion (US$2.6 billion) investment. Haringey is a borough of London, located in the north of the city.
The Government of Romania will launch 13 public–private partnership (PPP) projects, including healthcare research centres, hospitals and an airport south of Bucharest with a capacity of 30 million passengers.
The Government of Newfoundland and Labrador, the most easterly province of Canada, has identified a shortlist of proponents to move to the Request for Proposals (RFP) stage for the delivery of two new 60-bed long-term care homes through a public-private partnership (PPP).
Agency for Infrastructure in Education (AGION), the flemish education infrastructure procuring authority, has issued a contract notice for a cluster of three schools.
Valley Healthcare has taken the number of primary care centres (PCCs) in its portfolio to six, as it announces its agreement to acquire two new construction-ready PCC sites, in Clonakilty, County Cork and Listowel, County Kerry.
Eiffage has just been designated preferred bidder by the local authorities of Reims to design, build finance, operate and maintain (DBFOM) the the new Reims Events Centre PPP, under a 25-year contract period.
Iridium and RiverRock European Capital Partners LLP, through its RiverRock Brownfield Infrastructure Fund 1, have entered into an agreement for the sale of 80% of Iridium’s shareholdings in Remodelación Ribera Norte S.A (RRN).
The Odisha government will set up 20 hospitals through the public-private partnership (PPP) mode in order to improve healthcare facilities in the state.