The procurement of the project will continue in spite of the loss of the PFI credits
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The procurement of the project will continue in spite of the loss of the PFI credits
List of the country updates
Country updates
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October 04, 2010
The contract for the project is signed
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August 10, 2010
Advisors chosen for Kuwait PPP metro rail project. Ernst&Young, Ashurst and Atkins
A UK team will evaluate the feasibility studies and the design of the $7bn metro.
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July 21, 2010
It has been announced that the project has reached financial close with 89.5% senior debt and 10.5% equity capital and subordinated debt
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July 15, 2010
Shortlisted bidders
Shortlisted bidders:* United Utilities, John Laing Investments and Laing O'Rourke;* Cory Environmental and Skanska; and * Urbaser and Balfour Beatty Capital
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June 10, 2010
Commercial closure has been achieved
