German construction company Hochtief (HOTG.DE) said it plans to list its Hochtief Concessions AG unit on the Frankfurt stock exchange this year. If "suitable capital market environment exists", the initial public offering will take place before the end of 2009, the company said late Wednesday. Join discussion...

The Bangalore-based GMR Group, along with Turkish company Limak and Malaysia Airports Holding Berhard Airports, has built the new airport terminal of the Istanbul Sabiha Gokcen Airport (ISGA) in Turkey. The consortium had won the contract on the Build-Operate-Transfer (BOT) model in July 2007, bagging its rights for 20 years at a cost of more than Rs 3,100 crore. Join discussion...

The PPP project, which has the support of multilateral lenders like the Inter-American Development Bank, the International Monetary Fund and the World Bank, involves the construction of roads and hydroelectric dams, the joint management of natural resources, harmonisation of trade policies, electrical interconnection, and the installation of maquila or export-oriented assembly plants, among other aspects. Join discussion...

Saudi Arabia is seeking foreign investment for a series of projects to modernise and expand the country's ageing rail infrastructure, Italy's financial daily Il Sole 24 reported on Tuesday. Saudi Arabia's first major rail project in 50 years, The Landbridge project, will soon invite tenders for 1,600 kilometres of new rail lines. The project aims to transform Saudi Arabia's existing rail network into a world-class freight and passenger rail link across the country. Join discussion...

Thailand's Ministry of Transport is considering a plan to develop a THB30 billion ($898 million) motorway project to open a new transportation channel between central Thailand and the Northeastern region. The 196-kilometer road project, from Bang Pa In to the Northeastern province of Nakhon Ratchasima, will be implemented under a public-private partnership scheme, Transport Minister Sophon Zaram told reporters. Join discussion...

Hochtief, Germany's largest builder, expects to get less than 1 billion euros ($1.47 billion) from the possible sale of shares in its Concessions unit, several people with knowledge of the matter said. Join discussion...

The Government's decision to review the Land Transport Management Act is a key step towards improving transport planning funding and delivery transport in New Zealand" says New Zealand Council for Infrastructure Development Chief Executive, Stephen Selwood. Transport Minister Steven Joyce announced the review yesterday aimed at increasing the effectiveness of planning, funding and accountability under the LTMA. Join discussion...

MEED reported that Abu Dhabi’s Department of Transport has extended the closing date to November 5th 2009 for pre qualified consulting firms to submit bids for an 18 month study into the emirate’s proposed tram system. Join discussion...

Macquarie International Infrastructure Fund Limited (MIIF) (MIIF.SI) said on Monday it has agreed to sell 71.6 percent of its interest or a 4.5 percent stake in Macquarie European Infrastructure Fund (MEIF) to a number of investors for S$132 million ($94.62 million). Join discussion...

The PPP projects are supposed to cover 150 kilometres of national highways. These are to be managed in three packages: sections of the D1 highway make up the first and third packages; while construction of parts of the R1 dual carriageway in central Slovakia making up the second package. Join discussion...