Asian Development Bank has selected Ernst and Young (EY) with Mott MacDonald as advising team for an elderly care facility PPP project that will be developed in Guangxi Zhuang, an autonomous region in south China.
The proposed project aims to support the Guangxi Zhuang Autonomous Region (GZAR) to promote, coordinate, and deliver integrated elderly care and health care services to provide continued care for those in need. It will serve as a demonstration for the People's Republic of China (PRC) of integrated elderly care and health care system and will be the first project in GZAR to introduce internationally accepted public-private partnership (PPP) principles and standards in the elderly care sector.
Country updates
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September 10, 2019
Everbright International secures two Waste-to-energy Projects
China Everbright International Limited has secured Lechang Waste-to-energy Project (Lechang Project) Phase I in Guangdong Province and Fuyang Waste-to-energy Project (Fuyang Project) Phase I in Zhejia...
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September 05, 2019
Final close achieved for China Everbright overseas infrastructure fund
China Everbright overseas infrastructure fund has achieved final close after raising US$ 450 million for the fund. The fund completed its first close in July 2017 with $300 million in capital com...
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August 26, 2019
Preferred bidder for US$ 8.5B Guizhou expressway PPP
Guizhou Provincial Department of Transportation in China has selected the consortium led by Chinese companies MCC Parties and Guizhou Jiaojian Parties as the preferred bidder for the Guizhou expresswa...
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July 25, 2019
Divestment of Sembcorp Lianyungang Water Co
Sembcorp Industries announced that its wholly-owned subsidiary Sembcorp (China) Holding Co has signed a conditional agreement to divest its 80% stake in Sembcorp Lianyungang Water Co (SLWC) to its loc...
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July 17, 2019
AIIB, Aberdeen to invest in Infrastructure Related Bonds in Asian Emerging Markets
The Asian Infrastructure Investment Bank (AIIB) and Aberdeen Standard Investments (ASI) have forged a strategic partnership that aims to develop debt capital markets for infrastructure, drive responsi...
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