John Laing Group plc has announced that it has joined a consortium short-listed to bid for the rights to develop a large-scale waste processing PPP project in Melbourne, Australia.
Through the next phase of the process, John Laing will work closely with its consortium partners and 16 councils in South East Melbourne to develop an advanced waste processing solution that minimizes waste and maximizes resource recovery.
The successful solution will play an important role in the Victorian government’s wider circular economy strategy which targets diverting 80% of household waste from landfill by 2030.
The new waste processing facilities are expected to attract investment of approximately AUD 650 million (US$ 456.11 million). It is anticipated that a 20 to 25-year contract will be awarded by 2022, with construction starting in 2023.
Transurban has raised AUD 302 million (US$ 214.05 million) of non-recourse debt via a new bank debt facility with a tenor of 3.25 years for Eastern Distributor M1 toll road in Sydney.
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Read moreVictorian Health and Human Services Building Authority in Australia has launched a request for expression of interest seeking a private developer for redevelopment works of Frankston Hospital in Victoria.
Read moreVictorian Health and Human Services Building Authority in Australia has launched a request for expression of interest seeking a private developer for redevelopment works of Frankston Hospital in Victoria.
Read moreThe government of South Australia has selected the JV by French group Keolis and the Australian company Downer for the privatization of Adelaide's passenger rail network.
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