Philippines approves 7 infras worth $2.49bn
Philippines' government, led by the Macros administration, has approved 7 infrastructure projects with a total investment value of $2.49 billion
Philippines' government, led by the Macros administration, has approved 7 infrastructure projects with a total investment value of $2.49 billion
Authorities in Brazil’s Tocantins state have announced a tender for the construction of an airport in the municipality of São Félix do Tocantins, about 260km from Palmas, the state capital
World Bank Group-member MIGA has issued a $5.67 million guarantee to cover Norwegian renewables developer Kube Energy’s debt and equity in a 2.8MW solar hybrid project in Baidoa, Somalia
Asian Development Bank has joined with the government of Solomon Islands and the World Bank for a water supply and sanitation project in the South Pacific
Cambodia’s government officials met with SMBC this week for a waterway project, which involves construction of a 7km canal connecting the Bassac River to seaports in the south
The NEOM Green Hydrogen Company is due to sign the debt for its $6.5 billion project on the Red Sea coast in Saudi Arabia
The Philippines Department of Transportation has signed 3 transaction advisory service agreements with the Asian Development Bank, agreements for the privatisation of the operations and maintenance of the Metro Manila Subway and the North-South commuter railway
The government of the Philippines has approved a cancer centre PPP worth P6 billion in Metro Manila
Norwegian renewables developer Scatec and DFI Norfund have signed with STANLIB Asset Management an R979 million agreement to sell a combined 60% stake in the 258MW Upington solar portfolio in South Africa
Enapter and partner YEST will deliver 2 anion-exchange membranes multicores with a 2MW electrolysis capacity to a South Korea-based hydrogen pilot project on Jeju Island
Engineering firm McDermott is collaborating with Greek renewables company Eunice Energy Group to develop a 2GW electrical interconnector between Greece and Egypt
The Tk33.03 billion PPP road being developed near the capital of Dhaka is nearing financial close with a few commercial lenders and multilaterals joining the long term debt facility
Sharkawy & Sarhan has promoted managing associate Esraa Abdelmoniem to partner in the firm’s mergers & acquisitions practice
EBRD has arranged a €37 million loan to finance the construction of an onshore wind farm in Poland
International Finance Corporation – a member of the World Bank Group – has announced today the appointment of Riccardo Puliti as its new regional vice president for Asia Pacific
British International Investment has promoted Christopher Chijiutomi to the twin roles of managing director and head of its Africa department
Guinea-Bissau’s Ministry of Transport and Communications has announced that stakes of up to 80% in state-owned GuinéTelecom and GuinéTel will be offered to the market
Brazilian-based tech company Tivit is splitting off its data centre business into a company called Takoda
The underwriters on the £4.9 billion CityFibre debt package have invoked the flex clause, repricing the deal after a failed syndication last year, IJGlobal has learned
Japan International Cooperation Agency has signed a $90 million loan agreement with BRAC Bank, a Bangladeshi private commercial bank, to develop projects that meet the green finance requirements of state-owned Bangladesh Bank
Over the past two decades, digitalisation has sped up significantly. Whether it’s on Zoom, Slack, WhatsApp, email, text or the array of social media apps now available, we constantly speak to and work with each other digitally. Paper-based forms of communication have wilted in the face of new digital tools. Most of us probably can’t remember the last time we wrote a hand-written letter
Asia’s infrastructure markets can leverage the increasingly mature sustainable instruments and the availability of multilaterals to stay resilient amid rapid inflation and rising interest rates
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