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
Japan International Cooperation Agency will fund part of the $131 million upgradation of a port container terminal in western India
The joint venture of German utility RWE and its Greek counterpart Public Power Corporation has secured financing commitments for a first batch of solar projects in Greece, allowing the portfolio to progress to financial close
Transport for Wales, the Welsh government and Cardiff Council are seeking to develop a new public transport link between Cardiff Central and Newport Road, via the Cardiff Bay line and Porth Teig
Four hydrogen collaborations have been awarded €40 million in conditional funding under the German-Australian Hydrogen Innovation and Technology Incubator to develop projects in Australia
Peru’s Ministry of Transportation and Communications has announced that Lima’s Jorge Chávez International Airport’s new control tower and landing strip will become operational on 1 April 2023
Vojvodina Province, Serbia, is set to receive a joint €14 million funding facility from the European Bank of Reconstruction and Development and the EU and European donors
Asian Infrastructure Investment Bank is considering a $400 million loan to the Chinese government for a railway section in the western Greater Bay Area
Two European DFIs have signed with the Africa Finance Corporation (AFC) a 10-year, €150 million ($162.4m) loan facility.
The International Finance Corporation is considering a €100 million green loan for Moroccan state-owned phosphate miner OCP’s €159.2 million, 202MWp captive solar project in the north African state
Asian Infrastructure Investment Bank has approved $378 million to support the Chennai Peripheral Ring Road, which aims to improve economic connectivity and road transport efficiency in Tamil Nadu, eastern India
The Inter-American Development Bank has approved a $175 million loan to modernise and widen 35km of road in Guatemala
The concessionaire of São Paulo’s Lines 8 and 9 of the Metropolitan Train System PPP, Viamobilidade, has avoided getting its contract terminated after meeting with the Governor of São Paulo state, Tarcísio de Freitas
Tunisia’s Ministry of Energy, Mines and Renewable Energies has invited bids for a combined 600MW of wind power capacity in the North African state
The Asian Development Bank and Nhava Sheva Freeport Terminal Private has signed a $131 million loan to upgrade the Jawaharlal Nehru Port Container Terminal in Navi Mumbai, Maharashtra
The Export-Import Bank of Korea and Riyad Bank have signed a combined $435 million in loans for KEPCO’s SR2 billion ($533.3m), 320MW Jafurah cogen in Saudi Arabia
The International Finance Corporation is considering a $80 million debt package for a $208 million telecoms project sponsored by Africa-focused firm Eastcastle
Ferrocarrils de la Generalitat Valenciana, the state manager of the Valencian metro network, will receive a €300 million finance package from the European Development Bank to refurbish the Valencian transport system
International Finance Corp, the financing arm of the World Bank group, is seeking a technical consultant to review 3 unsolicited PPP proposals submitted by Filipino conglomerate Aboitiz Group to upgrade, operate, and maintain 3 regional airports in the Philippines
World Bank is looking for advisers to assess options and opportunities for private sector participation in Vietnam’s solid waste management sector
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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