PPP Archives - Gambeta News

EGYPT TO IMPLEMENT PPP PROJECTS FOR VARIOUS DEVELOPMENT

Posted on April 19, 2022 by Gambeta News

Egypt is proceeding with the implementation of public private partnership (P.P.P) projects in various development fields, as it is the locomotive of job-rich economic growth and a fundamental pillar for achieving sustainable development, according to Minister of Finance, Mohamed Maait He pointed out that the second phase of the national project to establish and operate 1,000 distinguished language schools under the P.P.P system, witnessed an increasing demand from Egyptian and Arab investors, as many companies…

KENYATTA COMMISSIONS FIRST ANNUITY PPP ROAD PROJECT

Posted on April 11, 2021April 11, 2021 by Gambeta News

The two roads, developed by Intex Construction Ltd, are the first in the country to be constructed on a new Annuity Public Private Partnership (PPP) arrangement. President Kenyatta and Mr Odinga drove to Kajiado County where he opened the 48 kilometre Ngong-Kiserian-Isinya and the 43 kilometre Kajiado-Imaroro roads. The two roads are the first in the country to be constructed under the Annuity Public Private Partnership (PPP) arrangement at a cost of Kshs 7.8 billion….

BOTSWANA IS SEEKING INVESTORS FOR PPP PROJECTS

Posted on January 26, 2021January 26, 2021 by Gambeta News

While the government has had a PPP policy and framework in place since June 2009, few significant projects have taken place in the intervening years, meaning the dominant funding for major public works has remained the government balance sheet. The Finance and Economic Development ministry last week published a list of 16 PPP projects it said it would focus on, noting that some were at the procurement of consultant stage while two were set…

KENYA SIGNS €1.3BN PPP HIGHWAY TO FRENCH CONSORTIUM

Posted on October 2, 2020 by Gambeta News

President Uhuru Kenyatta is currently in Paris on an official state visit to French President Emmanuel Macron. Both leaders witness the signing of a €1.3bn highway public-private partnership (PPP) to be constructed in Kenya by VINCI Highways. VINCI Highways is a leading concessions company and provider of road transport services around the world. Working with local partners, VINCI Highways designs, finances, builds and operates highway infrastructures. This will be their first PPP in Africa, and…

ETHIOPIA ANNOUNCE FIRST PPP PROGRAM

Posted on August 24, 2020 by Gambeta News

Ethiopia government has announced its first phase of public-private partnership (PPP) program. The PPP will be launched by construction a two solar projects in the coming two months. The PPP include approving 17 projects based on the detailed identifications of the first phase of the program. Out of the approved projects, eight are solar, five hydropower, and the rest road projects. Speaking during the announcement, Ministry PPP Director-General Tilahun Tadesse said “In this first phase of…

US $3.9bn FOR CONSTRUCTION OF ABUJA-ITAKPE RAILWAY.

Posted on October 15, 2019October 15, 2019 by Gambeta News

Minister of Transportation Rotimi Amaechi signs a US $3.9bn deal with China Railway Construction Corporation (CRCC) for construction of Abuja-Itakpe railway. The public private partnership will consist of 15% Nigerian equity, 10% CRCC equity and 75% borrowed SPV from the Chinese Bank. “The signing ceremony that we had today is the first PPP (Public Private Partnership) railway agreement for Abuja-Itakpe or Abuja-Baru-Itakpe and Lokoja. Part of the agreement is that CRCC will provide us with…

CHINA SIGNS FIRST PRIVATE HIGH SPEED RAIL DEAL

Posted on September 14, 2017 by Gambeta News

The government of Zhejiang province and a group led by Fosun High Technology has signed a Public-Private Partnership (PPP) deal for the first high speed rail project in China to be funded by a private sector. Fosun, a conglomerate known for aggressive acquisitions around the world, is to organise an investment fund of US$6.9bn, which will give it a 51% holding in the project while four(4) state-owned enterprises, including China Railway Corporation, will provide the remaining funds…