Mitsubishi-led consortium acquires minority stake in Cube Highways
Japan Highways International (JHI), a Japanese consortium of infrastructure investors comprising Mitsubishi Corporation, East Nippon Expressway Company Limited (NEXCO East) and Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN), has signed definitive agreements with Cube Highways to acquire a 20% stake in the company.
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Country news
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November 10, 2017
ADIA invests in Cube Highways in India
Cube Highways has announced the signing of definitive agreements for a minority stake sale to an entity that is ultimately wholly-owned by the Abu Dhabi Investment Authority (ADIA).
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November 07, 2017
RFQ for Bangladeshi road PPP
The government of Bangladesh under the Ministry of Housing & Public Works has released a Request for Qualifications (RFQ) seeking interested firms to undertake the development of Flyover from Shantinagar to Dhaka-Mawa Road through Public Private Partnership.
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October 30, 2017
GVK receives Letter of Award for the US$2.3B Navi Mumbai airport PPP
As we reported in February 2017, MIAL was declared the winning bidder for the greenfield airport that will be built in a Public Private Partnership (PPP) mode with CIDCO. MIAL will hold a 74 per cent stake while the remaining 26 per cent will be with CIDCO. Read more -
October 20, 2017
India signs first sewage treatment PPPs
The National Mission for Clean Ganga (NMCG) and the state governments of Uttar Pradesh and Uttarakhand have awarded work to private sector for construction and maintenance of Sewage Treatment Plants in two major cities in Ganga river, Varanasi and Haridwar.
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October 19, 2017
Maharashtra nods financial bid for Navi Mumbai Airport
India's City and Industrial Development Corporation of Maharashtra (CIDCO) has received the financial proposal from GVK-led Mumbai International Airport (MIAL) for the Navi Mumbai International Airport PPP.
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