The Ministry of Finance of the Government of Colombia has approved the new public-private partnership contract for the Magdalena River project, which was originally awarded in 2014 and cancelled last year.
It has emerged that the Dau Giay-Phan Thiet Expressway PPP project, which involved the design, construction, financing, operation and maintenance of a 98.7km four-lane expressway linking the Dong Nai and Binh Thuan provinces of Vietnam and represented an investment of US$757.7 million, has been cancelled.
The Ministry for Investments and Development of the Republic of Kazakhstan has issued a Request for Expressions of Interest for a public-private partnership project involving the design, implementation and operation of a tolling system on certain public roads in the country.
DP World Ltd. has issued a public notice stating that the concession agreement to operate the Doraleh Container Terminal in Djibouti, which was awarded by the Government of Djibouti to Doraleh Container Terminal S.A., a joint venture controlled by DP World, remains in full force and effect. This follows the Djibouti Government's illegal seizing of the terminal in February.
International Bulk Thilawa Terminal Limited (IBTT) has secured a loan facility from the International Finance Corporation (IFC) to develop a US$65 million port project at Thilawa Special Economic Zone in Yangon, Myanmar.
Yilport Holding A.S., a subsidiary of Yildirim Group of Companies, has announced that it has executed a letter of intent with the Mississippi State Port Authority to allow for due diligence and negotiations regarding an investment in the Port of Gulfport, Mississippi, USA. The company would commit to investing in additional facility and equipment upgrades.
The Government of Chile, through the Ministry of Public Works, has invited to participate in the tender for the execution, repair, conservation and exploitation of the Road Concession Improvement Route G-21, through the concession system.
MegaProject 1240: ACS-Aecon-CRH consortium selected for US$950 million light rail project in Ontario
Infrastructure Ontario and Metrolinx have selected their preferred proponent for the Finch West Light Rail Transit project: the Mosaic Transit Group. The project involves the design, construction, financing, operation and maintenance of an 11km light rail transit (LRT) line in Toronto.
Sacyr has announced that it has won a contract for the expansion, financing, construction and management over six years of the El Tepual - Puerto Montt airport, in consortium with Agunsa. This marks the company's entry into the airport concession business in Chile.
APP GICA S.A. has obtained the financing necessary to achieve financial close of the Girardot-Ibagué-Cajamarca (GICA) road PPP project. APP GICA was created by Constructora Colpatria, Mincivil, Termotécnica Coindustrial, Latinco and HB Estructuras Metálicas after they were awarded the concession contract in 2015.
The Secretariat of Infrastructure of Bahia, a state in the north-east of Brazil, has launched the tender for the operation, maintenance and revitalization of the BA-052 road, popularly known as the "Bean Route", as well as the construction of a bridge-crossing over the São Francisco River between the municipalities of Xique-Xique and Barra.
Through its subsidiary Iridium, ACS Group has acquired a 25% stake in the A13 Thames Gateway PFI project, in London, from Carillion. The total enterprise value of the transaction is GBP140 million (US$197.6 million).
Globalvia has announced that current shareholders OPTrust, PGGM and USS have collectively invested EUR1.0 billion (US$1.27 billion) in the company. Globalvia plans to deploy the investment in worldwide infrastructure projects.
The state-owned Bogotá Metro Company (EMB - Empresa Metro de Bogotá) and Financiera de Desarrollo Nacional (FDN), Colombia's development finance institution, have issued a Request for Expressions of Interest to parties interested in participating in the tender process to select a suitable partner to take responsibility for the preliminary studies, design, financing, construction, procurement, testing, commissioning, operation and maintenance of the first section of Line 1 of the Bogotá Metro.
DP World has won a 30-year concession with an option of a further 20-year extension for the development and management of a greenfield multi-purpose port at Banana, in the Bas-Congo province of the Democratic Republic of the Congo (DRC). The Port of Banana will be the first deep-sea port in the country.
Infrastructure Ontario (IO) and Metrolinx have issued a Request for Qualifications for interested parties to design build, finance, operate and maintain the GO Rail expansion project. The GO Transit Rail network is a regional public transit system serving the Greater Toronto and Hamilton Area of Southern Ontario, Canada.
The Los Angeles World Airports (LAWA) Board of Airport Commissioners (BOAC) has approved a US$4.9 billion 30-year public-private partnership (P3) contract with LAX Integrated Express Solutions (LINXS) to design, build, finance, operate and maintain the Automated People Mover (APM) system at Los Angeles International Airport (LAX), located in southern California, USA.
Rijkswaterstaat, part of the Ministry of Infrastructure and the Environment of the Government of the Netherlands, has announced that six parties have been prequalified to participate in the tender for the A9 Badhoevedorp - Holendrecht project. This includes the widening of the A9 Amstelveen and the rehabilitation of the Schiphol Bridge, in the North Holland province.
The Ministry of Public Works and Transport of the Government of Spain (Ministerio de Fomento) has announced that it will launch tenders for the first two projects in the EUR5 billion (US$6.14 billion) Extraordinary Road Plan (Plan Extraordinario de Carreteras) in the next few days.
Malaysia Airports Holdings Bhd (MAHB) has entered into a share purchase agreement for its entire 23% stake in GMR Male International Airport Ltd (GMIAL). The company expects to gain US$7.3 million from the sale.