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BAA sells Gatwick for £1.5bn to City Airport owner.UK
http://www.ft.com/cms/s/0/f20fb84a-bdc6-11de-9f6a-00144feab4...
Submitted by anxora
1 month, 1 day, 19 hours ago
The long-awaited break-up of the UK’s biggest airport group began on Wednesday after BAA reached an agreement to sell Gatwick to the owners of London City Airport for £1.5bn.
The sale to Global Infrastructure Partners, which was approved late on Tuesday night by the Competition Commission, ends a tortuous process that started a year ago when BAA, a subsidiary of Spain’s Ferrovial infrastructure group, put Gatwick up for sale in an attempt to head off competition concerns about its market dominance.
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Land-Buying Complications Stymie India Road Building.India
http://online.wsj.com/article/SB125074445048345463.html
Submitted by anxora
2 months, 3 weeks, 4 days, 14 hours ago
Traffic volume been growing about 12% a year with India's brisk economic growth, putting a huge strain on its still underdeveloped road network. But the country's road building program hasn't kept pace, leading to choked highways and potholed roads. Poor infrastructure takes at least two percentage points off growth in gross domestic product each year, economists say.
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Model RFQ for PPP Projects Revised.NHAI.India
http://pib.nic.in/release/release.asp?relid=50431
Submitted by anxora
4 months, 1 week, 2 days, 15 hours ago
The government has revised certain provisions of “Request for Qualification” (RFQ) document required in Public-Private-Partnership (PPP) Projects. The model RFQ now provides that Threshold Technical Capability (TTC) shall be twice that of the Total Project Cost (TPC). As regards eligible projects, the RFQ provides that these should not be less than 20% of the estimated Project Cost. In case of projects with an estimated Project Cost of Rs. 1,000 crores or above, this amount may be suitably reduced but not less than 10% in any case.
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India awards $2.7 bln road projects. India
http://in.reuters.com/article/businessNews/idINIndia-3209662...
Submitted by anxora
8 months, 4 weeks, 1 day, 6 hours ago
India awarded five road projects for 109.12 billion rupees ($2.7 billion) on Friday to private companies, including Larsen & Toubro and a consortia of Deutsche Bank and Malaysia's IJM Corp Berhad, a senior government official said.
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OHL to begin expansion of Red Vial 4 in 2Q10, Peru
http://www.bnamericas.com/news/infrastructure/OHL_to_begin_e...
Submitted by jsmith
2 days, 5 hours ago
Spanish firm OHL is expected to begin the expansion of Peru's Red Vial 4 highway by end-May 2010, an official from the transport and communications ministry's (MTC) concessions division told BNamericas.
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Despite Extraordinary Ridership, Vancouver’s New Canada Line is Suffering.Canada
http://www.thetransportpolitic.com/2009/11/17/despite-extrao...
Submitted by jsmith
2 days, 5 hours ago
It was originally supposed to open twelve days from now, but Vancouver’s Canada Line has already racked up millions of rides since it commenced operations in mid-August — and it’s now carrying almost 100,000 people a day on average. The 12-mile automated light metro, which was built at a cost of C$2 billion, was one of the first major works of transit infrastructure built with the help of a public-private partnership (PPP) in North America
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$2b project up for tender today.Bangladesh
http://www.thedailystar.net/newDesign/news-details.php?nid=1...
Submitted by jsmith
3 days, 18 hours ago
The Ministry of Communications is finally floating tender today for building an elevated expressway of 32.5 kilometres or more in Dhaka on a public private partnership (PPP) basis.
The Bangladesh Bridge Authority (BBA) under the ministry will receive pre-qualification documents for this $2 billion project from interested bidders till January 20.
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Thailand Aims To Boost Private Sector Role In Stimulus Program.Thailand
http://www.nasdaq.com/aspx/stock-market-news-story.aspx?stor...
Submitted by jsmith
3 days, 18 hours ago
The Thai government is targeting a bigger role for the private sector in boosting economic growth, raising the value of projects it expects to finance in partnership with private investors to 10% of its THB1.43 trillion ($43.07 billion) investment budget from the currently planned 2%, a senior finance ministry official said Wednesday.
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Paying for Arizonas Crumbling Transportation System.Arizona.US
http://www.examiner.com/x-26090-Phoenix-Headlines-Examiner~y...
Submitted by jsmith
3 days, 18 hours ago
Imagine driving Arizona highways that alert motorists of a traffic jam before it forms, or over bridges that report when they're cracking, or on people-moving innovations that make you proud of your state government. Countries around the globe and even state and municipal entities in America are using those innovations. Arizona is not.
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Bilfinger Berger considers up to $1.5bn IPO of Australian assets.Australia
http://www.theaustralian.com.au/business/industry-sectors/bi...
Submitted by jsmith
4 days, 18 hours ago
BBAG, the parent company of Bilfinger Berger Australia (BBA), confirmed plans to reduce its exposure to building and civil construction and said it was considering an IPO of BBA’s assets, which also includes Bilfinger Berger Services.
An IPO would also see Abigroup return to the Australian Securities Exchange after it delisted in 2004.
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