| PPP and project finance opportunities in MENA region
7 June 2010
The financial crisis has also touched the budgets of MENA region governments. These restrictions opened the door for project financing and public private partnerships. Howard Gooder published an article about the financing possibilities in the region.
After describing in details the financing trends he closes his article with the following outlook: „..., we should see more sectors financing PPP projects this year. Abu Dhabi will close the region’s first motorway project under a 25-year government concession, and Bahrain will finalise its Muharraq, 27-year BOO sewage treatment concession. Egypt will finance the New Cairo wastewater concession, with desalination, toll road and hospital projects similar to the UK’s Private Finance Initiative programme in the pipeline. Jordan’s Aqaba Gateway concession represents the port sector, while new entrants taking the typical PPP first steps in the power sector may be Syria and Yemen“
To read the whole article please click on this link:
http://english.mubasher.info/CASE/News/NewsDetails.aspx?NewsID=735207&src=G
Source: Global Arab Network
Russia’s Pulkovo Airport reaches financial close
4 June 2010
Cezary Podkul wrote:
„The €1.1 billion Pulkovo Airport modernisation project in St. Petersburg has reached financial close, marking the third public-private partnership to receive financing this week.
Earlier in the week, the $2.1 billion Moscow-St. Petersburg highway and the $850m Odintsovo bypass became the first and second road public-private partnerships (PPPs) to reach financial close, respectivley.
“In Russia, this is a really, really big deal to get these things going,” Bernard Sheahan, the head of the International Finance Corporation’s Infrastructure Department, said in an interview. The IFC, the private investment arm of the World Bank Group, is lending €70 million of its own funds to the project. „
To read the whole article please click here:
http://www.infrastructureinvestor.com/Article.aspx?article=52538&hashID=271C3677B298FAB37062E6538F24F1A516F12A70
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