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. Join discussion...

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. Join discussion...

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. Join discussion...

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. Join discussion...

The Department of Transportation released a project list this week to lure private investors. The list includes only projects in metro-Atlanta. Toll lanes high on DOT priority list for public private partnership program. (photo by Parvinder Singh via flickr)Toll lanes are the only items on the DOT's list of high priority projects for the states public private partnership program. Join discussion...

The PFI scheme, on which Triskilion was appointed preferred bidder in March 2005, was cancelled in July 2007 after a long-running wrangle over costs. Join discussion...

The London Borough of Hounslow will start the tender process at the end of this month for a 25-year road maintenance PFI contract. Join discussion...

Transurban Group, owner of toll roads in Australia and Virginia, rejected an unsolicited takeover offer from Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan. Join discussion...

Macquarie Infrastructure Company LLC (MIC: News ) said its net loss was $18.35 million or $0.41 per share versus a profit of $0.50 million or $0.01 per share in the year earlier quarter, primarily reflecting a net non-cash derivative-related loss of $21.4 million. On average, 3 analysts polled by Thomson Reuters expected earnings per share of $0.53 for the quarter Join discussion...

The Delhi Metro Rail Corporation (DMRC) has completed 95 per cent of the civil work. By early next year, it will hand over the stations to the concessionaire — Reliance Infrastructure — and CAF, a Spanish company, for finishing. Operations will start by next September. Join discussion...