Michelle Phillips
A domestic investor has bought Brisbane’s Clem7 Tunnel out of receivership, just after Sydney’s Cross City Tunnel went into voluntary administration.
The Department of Education has awarded the $215m social infrastructure project to the same corporation that won phase 1.
The Australian bank’s advisory and investment arm has hired a former partner at 3i Group for its greater China business.
With the backing of other APEC countries, the two nations are looking to form a regional infrastructure financing market.
The central government is trying to absorb some of the risks and variability of large infra projects for the private sector.
The Hastings-managed infrastructure fund has posted an 11.49 percent return for the last financial year, above its five-year average.
A recent joint study by Harvard University and Hastings Funds Management has found that the $14tn US pension sector values infrastructure for its “defensive” aspects.
The country’s Ministry of Civil Aviation is soliciting bids for the Chennai and Lucknow airports, and expects to start the process for four other airports soon.
The $80bn Indian pension fund says it will invest in the bonds of 10 companies, most with a connection to infrastructure.
The eastern Indian state has approved and awarded its largest ever PPP project to domestic infrastructure-focused firm L&T IDPL.