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Ontario authorities are looking for developers to transform its GO network as part of a C$21.3bn scheme to create a ‘regional rapid transit system’.
The four regional hubs were part of a PPP tender launched in 2014, which the government cancelled last year.
Craig Shortus, ANZ’s head of utilities and infrastructure, walks us through the evolution of the Australian infrastructure market and tells us what to expect next.
Respondents to a Husch Blackwell survey cited project efficiency, financing advantages and risk transfer as reasons why public-private partnerships are attractive.
QIC, DIF and Plenary Group are among those competing for the $4bn PPP, which Queensland describes as the state’s ‘highest priority’ infrastructure project.
Having emerged as the preferred bidder in late January, the LINXS consortium will now wait for the city council to approve its proposal for the $4.5bn people mover PPP.
The multilateral believes a portfolio approach would help create a pipeline of bankable projects in Southeast Asia.
The US airport’s managing authority has recommended a group comprising Fluor, Balfour Beatty, Hochtief and ACS to develop its automated people mover project.
A report on the second half of last year shows a 17% drop in deal value and a 22% fall in average deal size from the first half.
The Bayonne and Middletown water concessions were sold to Argo Infrastructure Partners for a combined $170m, generating a 2.8x and 3.3x gross money multiple, respectively.