HART expects economical loss for rail transit project due to coronavirus
Honolulu Authority for Rapid Transit (HART) is expecting approximately US$ 80 million loss in revenues due to coronavirus pandemic. If the authority fails to obtain fundings from the federal economic stimulus package, HART will be forced to borrow money for the project. The Federal Transit Administration is withholding US$ 744 million until the PPP contract is awarded for the final segment of East Kapolei-to-Ala Moana line.
The shortlisted bidders have requested more time to submit the bids due to the economic impacts of coronavirus. HART has extended the deadline to submit the proposals from April 22, 2020, to July 22, 2020.
Country updates
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April 20, 2020
RFQ deadline extended for Aloha stadium PPP in Hawaii
The New Aloha Stadium Entertainment District (NASED) in the state of Hawaii, USA has extended the deadline to submit the qualifications for the project to May 12, 2020. The project involves...
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April 17, 2020
BlackRock closes US$5.1bn Global Energy & Power Infrastructure Fund III
BlackRock’s Global Energy & Power Infrastructure Fund (‘GEPIF’) has achieved a US$5.1 billion final close of Global Energy & Power Infrastructure Fund III, making it the larg...
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April 17, 2020
Mixed use development planned for city center at Selma
City council of Selma, Guadalupe County in the USA has reviewed plans for a mixed-use development for the city center. The project includes the development of 2 million sq ft mixed-use buildings...
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April 16, 2020
USA awards US$ 10 billion to CARES grant program
U.S. Transportation Secretary announced the award of approximately US$ 10 billion to commercial and general aviation airports from the newly created Coronavirus Aid, Relief, and Economic Security...
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April 15, 2020
RFI deadline extended for mixed used development in Pearl Harbor Hickam
Department of Navy (DON) in the USA has extended the deadline to respond to a request for information seeking a private developer for the Transit-Oriented Development project in Joint Base Pearl...
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