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Your
Market Opportunities this week may appear under: 1 Global Economic or Market
Comments (Qty. 4); 2 North America (Qty. 28); 3 Latin America & Caribbean
(Qty. 14); 4 Asia & Oceania (Qty. 27); 5 Europe (Qty. 17); 6 Middle East
& Africa (Qty. 13)
1.
Global Economic or Market Comments
Developing World’s Share of Global
Investment to Triple by 2030, Says New World Bank Report - Seventeen years from
now, half the global stock of capital, totaling $158 trillion (in 2010
dollars), will reside in the developing world, compared to less than one-third
today, with countries in East Asia and Latin America accounting for the largest
shares of this stock, says the latest edition of the World Bank’s Global
Development Horizons (GDH) report, which explores patterns of investment,
saving and capital flows as they are likely to evolve over the next two decades
- World Bank 05/16/13: Read
More ---- Access PDF Full Report Files: Capital
for the Future: Saving and Investment in an Interdependent World
Global
Assessment Report on Disaster Risk Reduction (GAR) - The GAR is a
comprehensive review and analysis of the natural hazards that affect us. It
comes out every two years.
GAR13 (on Twitter) will be launched in May 2013. It will look at how public
regulation and private investment shape disaster risk - UNISDR 05/13: Read More ---- Access GAR: Global
Assessment Report on Disaster Risk Reduction 2013
Global Oil Supply & US Shale
Energy -The supply shock created by a surge in North American oil production
will be as transformative to the market over the next five years as was the
rise of Chinese demand over the last 15, the International
Energy Agency (IEA) said in its annual Medium-Term Oil Market Report
(MTOMR) released today. The shift will not only cause oil companies to overhaul
their global investment strategies, but also reshape the way oil is
transported, stored and refined - IEA 14/05/13: Read
More & Access Details
Private-Equity Firms Building
Instead of Buying - A new dam at the headwaters of the White Nile, nearly 20
years in the making, generates almost half of this East African country's
electricity. Its owner isn't a state utility or an energy giant. It is
Blackstone Group LP, best known for corporate takeovers. "You've seen a
radical shift in what private equity has done these last few years," said
Blackstone's president, Hamilton "Tony" James. "You're forced to
cast your nets a bit wider and find things where the space isn't so
crowded." - The Wall Street Journal 05/14/13: Read
Comments of Other Private Equity Groups
2. North America
All Shale Producing Regions - Crude
Oil Rail Infrastructure Expansion - According to the Association of American Railroads’
(AAR) rail traffic report, rail traffic from petroleum products has seen a
whopping 46% growth in the three-month period ended Mar 30. According to the
Energy Information Administration’s (EIA) reports, U.S. crude oil exceeded 7
million barrels per day production, representing record growth since the last
two decades. Further, in 2013, long-term projections of EIA suggest that this
growth may also go up to 10 million barrels per day over a period of 2020 to
2040. As a result, this surge represents a potential opportunity for revenue
accretion, which the railroads are trying to tap with infrastructural
development. According to industry sources, the role of crude oil as a revenue
contributor has grown by leaps and bounds in a four-year span from a mere 3% to
30% of the oil and petroleum products shipment by railroads - Zacks 05/13/13: Read
More
Alaska, Unalaska - Wastewater
Treatment Plant Construction Contract - City council will meet early tonight to
award a contract for building the new wastewater treatment plant. City staff
are recommending that Alaska Mechanical of
Anchorage get the $19.3 million contract, since they were the lowest
responsive bidder - KCUB 8TV & 89.7fm Radio 05/14/13: Read
More
AL, Midfield - Community Storm
Shelter Construction Bids - At a meeting of the Midfield City Council Monday,
the city moved a step closer to building a community storm shelter, or safe
room. The apparent low bid for the storm shelter itself came from Aquamarine Enterprises
of Danville, Ala., at $44,900. Another component of the project is a generator
to provide emergency power. Aquamarine submitted a bid of $4,995 for the
generator - All Alabama 05/14/13: Read
More
AZ, Lake Havasu - Fire Station
Generator Purchase - The Lake Havasu City Council voted 6-0 Tuesday evening to
replace the old generator with a new one and associated components from Sam Nichols Electric, Inc. The company is
owned by Councilman David McAtlin who recused himself from the vote - Havasun
News/News-Herald 05/15/13: Read
More
Canada, Québec, Montréal - Shriners Hospital for
Children Starts Construction - Montreal’s $127-million Shriners Hospital for
Children, now under construction, will include a surgical-skills laboratory
— the only one in the Shriners network of 22 hospitals across North America -
The Gazette 05/16/13: Read
More
CA, San Francisco - (2) Hospitals
Construction Plan Designs Unveiled - Renderings for a new 120-bed hospital at California Pacific Medical Center’s existing
St. Luke’s campus in the Mission District and a new hospital with up to 304
beds on Cathedral Hill have been unveiled - The San Francisco Appeal 05/14/13: Read
More
CA, Stanford - Hospital Construction
Starts - Ladue-based McCarthy Building Cos.
Inc., in a joint venture with Clark
Construction Group–California LP, recently broke ground on a new Stanford
Hospital in Stanford, Calif. The new hospital will be located on the Stanford
University Medical Center campus, adjacent to the site of the current Stanford
Hospital - St. Louis Post Dispatch 05/17/13: Read
More
CT, Stamford - Stamford Hospital Breaks Ground On
New Facility - The new hospital will be constructed in a single-phase and cost
about $450 million is scheduled to be completed in 2016 to replace the current
buildings to accommodate for the latest technology - Stamford Daily Voice
05/14/13: Read
More
DC, Washington - Hospital
Construction Contract - Turner
Construction Company has received approval to start building a new Sibley Memorial Hospital in northwest
Washington - Executive Biz 05/13/13: Read
More
FL, East Milton - Equestrian Arena
Groundbreaking - The ground-breaking ceremony for East Milton’s new
million-dollar arena takes place this morning, and the public is invited to
celebrate. The project is estimated at $1.23 million from District 2
recreational funds - Pensacola News Journal 05/13/13: Read
More
FL, Miami - Port Dredging Contract -
With the awarding of a $122-million contract to deepen its harbor, Port Miami
has taken an important step toward getting ready to handle the huge cargo ships
that will cross the expanded Panama Canal in 2015. The U.S. Army Corps of
Engineers has awarded the contract to Great
Lakes Dredge & Dock Corp., an Oak Brook, Ill., a firm that has done
dredging at ports from California to New York - Miami Herald 05/16/13: Read
More
IL, Chicago - 10,000 Seat Arena
& Navy Pier Re-Development Funding - The Emanuel administration today
released details of two initiatives that have been developing for more than a
year and that it says will mean $1.1 billion in investment - Crain's Chicago
Business 05/15/13: Read
More
IL, Geneseo - Church Expansion
Groundbreaking - A Geneseo church held a groundbreaking ceremony for a
multi-million dollar expansion project. A crowd of people sporting yellow
hard-hats met at First Methodist
Church in Geneseo, Illinois on Sunday, May 19, 2013. As they lifted a
shovel-full of dirt the crowd celebrated the $4.4-million project - WQAD 8TV
05/19/13: Read
More
IL, Savanna - Wastewater Treatment
Plant Construction Plans - With its current facility aging, flood-damaged and
sitting in a flood zone, the city of Savanna is pressing forward with plans to
build a new $10 million wastewater treatment plant - TH Media 05/17/13: Read
More
MD, Leonardtown - Senior Living
Community Backup Generator Plans - About 120 senior citizens, many with limited
mobility, are living in apartments with no fire sprinklers and an outdated
electrical system at the Cedar Lane
Senior Living Community in Leonardtown. The building also needs a new
emergency generator, according to Beverly Stickles, president and CEO - SoMd
News 05/17/13: Read
More
ME, Oromo - Offshore Floating Wind
Farm Demonstration Contract - The University
of Maine’s Advanced Structures and Composites Center has been awarded the
first phase of a potential $93.2 million deep water offshore wind demonstration
project by the U.S. Department of Energy (DOE) - JEC Composites 05/20/13: Read
More
NC, Bessemer City - Grant Award for
Wastewater Pump Station Generators - For years, Bessemer City crews had to haul
a generator to old pump stations knocked out of commission by storms. But a
state grant of more than $1 million will allow the city to buy generators for
each of its older pump stations and also do extensive updates to the wastewater
system - Charlotte Observer 05/17/13: Read
More
NC, Hertford County - Wastewater
Infrastructure Project Plans - Slade Harvin and Gary Hartong of The Wooten Company, the engineering
firm under contract to the county, staged a PowerPoint presentation on the
Tunis sewer system. They said the system will consist of different elements,
depending on where the sewer customer resides in Tunis. Those “down the hill”
will have a low pressure, grinder pump system while those “up the hill” will
have a gravity-fed system. All wastewater will be pumped to a treatment
facility owned and operated by the Town of Winton. Officials with Sunland Builders, the
project’s contractor, said they expect to begin their survey and lay-out work
this week. The first major piece of the process will be the installation of the
main lift station near the intersection of River Road and Tunis Road -
Roanoke-Chowan News Herald 05/14/13: Read
More
NJ, Bloomingdale - Infrastructure
& Public Works Generator Funding - The Borough Council has introduced an
ordinance to provide more than $400,000 for various municipal improvements and
purchases. The ordinance also provides funding for new computers, a generator
for the DPW building, the repair/replacement of damaged storm water lines on
Hillside Drive and Rafkind Road, and a new police car - Suburban Trends
05/20/13: Read
More
OH, Marysville - Auto Manufacturing
Center Construction Funding - Honda will
launch a $70 million “Performance Manufacturing Center” for its new Acura NSX
at a former logistics facility in central Ohio - Dayton Business Journal
05/14/13: Read
More
OK, Enid - Urea Plant Construction
Plans - Koch Nitrogen to Build New Urea
Plant and Increase Production in Enid Oklahoma. Plans to add more than 1
million tons of production per year at its Enid, Oklahoma facility. Planned
investments are estimated at $1 billion; and expected to bring 500 to 800
construction jobs and 20 to 30 new employees - Koch 05/15/13: Read More
in 2 page PDF File
OR, Baker County - 3.4 MW
Hydro-Electric Power Plant Construction Plans - Baker County commissioners on
Wednesday approved a contract for help with documentation required before
building a hydroelectric power plant at Mason Dam. EcoWest Consulting Inc., based in Baker
City, already has done some work for the county related to the project. The
county intends to build a 3.4-megawatt system at the dam, which blocks the
Powder River to form Phillips Reservoir, about 15 miles southwest of Baker City
- Baker City Herald 05/17/13: Read
More
PA, Allentown - Hydroelectric
Facility Feasibility Study - Hamilton Street Hydro LLC of Boulder, Colo. has
begun applying for permits to study the feasibility of a hydroelectric facility
on the Lehigh River in Allentown - The Morning Call 05/16/13: Read
More
TX, Brown County - Waste Water
Treatment Plant Rehab Contract & Generator Construction Plans - The Brown
County Water Improvement District #1 will soon begin rehabilitation of the
district’s water treatment plant after accepting a bid for the project at their
Tuesday board meeting. The board approved a bid of $1.96 million from a Graycon for the project to make several
repairs to the older of the two treatment plants the district operates. Graycon
was also the contractor for the district’s newer Micro-filtration treatment
plant. In other action, the BCWID board approved the sale of 3 acres of
property to MP2 Energy to build a
backup electric generator for the electric grid - Brownwood News 05/15/13: Read
More
TX, Plano - Office Tower & Hotel
Construction Groundbreaking - Granite
Properties announced the groundbreaking today for a speculative office
tower and the four-star, 299-key Hilton Granite Park conference hotel. Both
projects are designed by BOKA Powell
architects and slated for completion in mid-2014. Granite Properties has
engaged Woodbine Development Corporation as hotel development consultant. The
two new structures are part of the existing 90- acre mixed-use development
located at the Sam Rayburn Thollway (S.H. 121) and the Dallas North Tollway in
Plano, Texas - Web Wire 05/20/13: Read
More
VA, Fairfax & Loudoun Counties -
Railway Design Build Contract - The Metropolitan
Washington Airports Authority (MWAA) has awarded Capital Rail Constructors, a
joint venture of Clark
Construction and Kiewit
Infrastructure South, a design-build contractor for Phase 2 of the Silver
Line project. Capital Rail
Constructors was selected for the project after submitting the at $1.17
billion bid earlier this year - Clark Construction 05/20/13: Read More
VA, Richmond Region - Highway &
Rail Improvement Funding - The Richmond region will receive nearly $1 billion
for highway and rail improvements over the next six years under the state’s new
transportation funding package - Times Dispatch 05/16/13: Read
More
WI, Tomah - Backhoe, Generator &
Road Construction Funding - The Tomah City Council unanimously approved the
sale of up to $2.4 million in general obligation promissory notes to fund
capital projects at its monthly meeting Tuesday. The city will use the money to
purchase a city backup generator and backhoe, as well as street improvements,
including the Milwaukee Street road construction project and improvements to
Wisconsin Avenue and Monroe Street - The Tomah Journal 05/16/13: Read
More
3. Latin America & Caribbean
Argentina, Patagonia - Shale
Development Funding - Argentina’s nationalized oil company YPF signed on Wednesday
an agreement with US oil major Chevron Corp to define
the terms and conditions of Chevron's investment of 1.5 billion dollars in the
vast Vaca Muerta shale field - Merco Press 05/16/13: Read
More
Brazil, Rio Grande do Sul - Water
& Wastewater Treatment Plants Construction Contract - Veolia Water, via its subsidiary Veolia Water Solutions & Technologies,
has been awarded a contract for ?130 million to build three units for the
treatment of raw water and wastewater for the Chilean CMPC Group, a world
leader in pulp and paper production. Celulose
Riograndense, a member of the CMPC Group, has adopted the unique solutions
offered by Veolia Water Solutions & Technologies for the treatment of its
raw water and wastewater to comply with the very strict environmental
regulations of the State of Rio Grande do Sul, where its pulp plant is located
- 4-Traders 15/05/13: Read
More
Haiti, Port-au-Prince - North Pier
Construction Contract Signed - On Tuesday, the Ministry of Economy and Finance,
has been signed by the Minister Wilson Laleau Mr. Alix Célestin, the Director
General of the National Port Authority (APN) and Senis Francisco, the
Representative of the U.S. firm beneficiary "GLF
Construction Corporation" on the construction of the North Quay Public
facilities of the Port of Port-au-Prince contract. ---- Mardi, au Ministère de
l’Économie et des Finance, a été signé, par le Ministre Wilson Laleau, M. Alix
Célestin, le Directeur Général de l’Autorité Portuaire Nationale (APN), et
Francisco Senis, le Représentant de la firme américaine bénéficiaire « GLF Construction Corporation », le contrat
relatif à la construction du Quai Nord des Installations Publiques du Port de
Port-au-Prince - Haiti Libre 16/05/13: Lire
la Suite en Français
Jamaica, St. Elizabeth - Black River
Seawall Repairs Funding - Some $34 million has been identified for emergency
repairs to a damaged section of the Black River seawall in St. Elizabeth - JIS
18/05/13: Read More
Mexico - Infrastructure
Opportunities for SMEs / Infraestructura Oportunidades para PYMEs - The
greatest opportunities for small and medium enterprises (SMEs) to become
suppliers of government are in the area of infrastructure, and more in the
works of Petroleos Mexicanos (Pemex), the Secretariat of Communications and
Transportation (SCT) and Federal Electricity Commission (CFE), which together
give 52.6 percent of contracts awarded via the Government Procurement Program.
---- Las mayores oportunidades para las pequeñas y medianas empresas (Pymes) de
convertirse en proveedoras del gobierno están en el área de infraestructura, y
en mayor medida en las obras de Petróleos Mexicanos (Pemex), la Secretaría de
Comunicaciones y Transportes (SCT) y la Comisión Federal de Electricidad (CFE),
que en conjunto le otorgan 52.6 por ciento de los contratos asignados vía el
Programa de Compras de Gobierno - CMIC 16/05/13: Lea Más
en Español
Mexico - Call for Tenders, Natural
Gas Pipeline Construction - Pemex
launched the call for tender the pipeline to transport natural gas in the
country, 740 kilometers, estimated worth 2,150 million. ---- Petróleos
Mexicanos lanzó la convocatoria para licitar el ducto para transportar gas
natural más importante del país, de 740 kilómetros, por un valor estimado en
2,150 millones de dólares - CMIC 14/05/13: Lea Más
en Español
Mexico, Chiapas, Ángel Albino Corzo
- Road Infrastructure Improvement Funding -
The Chiapas government announced an investment of 45 million pesos for
the improvement of road infrastructure in the town of Angel Albino Corzo.
---- El gobierno de Chiapas anunció una
inversión de 45 millones de pesos para el mejoramiento en infraestructura
carretera en el municipio de Ángel Albino Corzo - CMIC 14/05/13: Lea Más
en Español
Mexico, Durango & Laguna - Water
Infrastructure Construction Funding - Future Water Project for Laguna Durango
and ensure the vital liquid for the next 50 years, said the Governor Jorge
Herrera Caldera to establish that building more water infrastructure and
combating drought will continue as a priority. Finally, recalled that for this
2013, in a joint effort with the Federal Government will be investing 1,820
billion in water infrastructure and is backed President Enrique Pena Nieto,
who, he said, has met with support for future water projects to Durango and
Laguna. ---- El proyecto de Agua Futura para Durango y la Laguna garantizará el
vital líquido para los próximos 50 años, aseguró el gobernador Jorge Herrera
Caldera al establecer que la construcción de más infraestructura hidráulica y
el combate a la sequía seguirán como prioridad. Finalmente, recordó que para
este 2013, en un esfuerzo conjunto con el Gobierno Federal, se van a invertir
1,820 millones de pesos en infraestructura hidráulica y que se cuenta con el
respaldo del Presidente Enrique Peña Nieto, quien, precisó, ha cumplido con dar
apoyo a los proyectos de Agua futura para Durango y la Laguna - CMIC 14/05/13: Lea Más
en Español
Mexico, Nuevo Casas Grandes -
Cornerstone Laying for Basins Dam Construction - The state governor, Cesar
Duarte Jaquez, placed in the municipality of Nuevo Casas Grandes the
cornerstone of the construction of the new dam Basins. With an investment of
720 million pesos, yesterday the state governor, Cesar Duarte Jaquez, placed in
the municipality of Nuevo Casas Grandes the foundation stone for the
construction of the new dam Basins. ---- El gobernador del estado, César Duarte
Jáquez, colocó en el municipio de Nuevo Casas Grandes la primera piedra de la
construcción de la nueva Presa Palanganas. Con una inversión cercana a los 720
millones de pesos, el día de ayer el gobernador del estado, César Duarte
Jáquez, colocó en el municipio de Nuevo Casas Grandes la primera piedra de la
construcción de la nueva Presa Palanganas - CMIC 17/05/13: Lea Más
en Español
Mexico, Nuevo Laredo - Bridge
Infrastructure Funding - 40 million pesos will be invested in infrastructure
Laredo International Bridge III ---- Se invertirán 40 mdp en infraestructura
del Puente Internacional Nuevo Laredo III - CMIC 17/05/13: Lea Más
en Español
Paraguay - Road Paving &
Rehabilitation Funding - The Inter-American Development Bank (IDB) today
announced the approval of a $122 million loan to Paraguay to finance the second
phase of a program to pave integration corridors and rehabilitate and maintain
road network - IDB 05/16/13: Read
More
Peru - (SME) Small, Medium Size
Enterprise Financing - IFC, a member of the World Bank Group, today announced
a $50 million investment, which will
help Banco Interamericano de
Finanzas (BanBif) double the number of small and medium enterprises (SMEs)
it serves in Peru by 2017. IFC 05/14/13: Read
More ---- Lea
Más en Español
Uruguay, Montevideo - LNG
Re-Gasification Plant Construction Contract - Uruguay awarded French gas and
power group GDF Suez SA a contract to
build a liquefied natural gas (LNG) re-gasification plant at an estimated cost
of 1.125 billion dollars, the government said on Tuesday - Merco Press
05/15/13: Read
More
Venezuela - Oil Production Expansion Joint Venture
Funding - PDVSA, Venezuela’s government oil
and gas giant will allow joint ventures with China National
Petroleum Corp. and Chevron
Corp. to manage 6 billion dollars in loans designed to revert oil output
declines, said a PDVSA official - Merco Press 05/18/13: Read
More
4. Asia & Oceania
Afghanistan, Jawzjan, Sheberghan -
Gas Pipeline & Sulfur Abstraction Station Construction to Start - Work on
the implementation of two major gas projects worth USD 57mn has begun in
Sheberghan, capital city of Jawzjan. The projects include extension of a 94km
new gas pipeline between Sheberghan and Mazar-e-Sharif along with the
installation of a sulfur abstraction station and activation of 8 gas wells. An
agreement to the effect has been signed between the Mines Minister Waheedullah Shahrani and
the government of the USA and Turkey - Wadsam 05/13/13: Read
More
Australia, Queensland - Grain
Railway Construction Funding - Farming lobby group AgForce says the construction of new
passing loops for trains on the Toowoomba range on Queensland's Darling Downs
will take more prime movers off the Warrego Highway. The Queensland Government
will spend up to $50 million to build the loops, which will allow up to 20
additional train paths per week for farmers to get crops off road and onto rail
- ABC 05/17/13: Read
More
Australia, NSW, Sydney - Casino
& 60 Storey Hotel Construction Design Chosen - British firm Wilkinson Eyre
Architects has won a competition to design James Packer's proposed
billion-dollar casino and hotel at Sydney's Barangaroo precinct. Three
international firms submitted designs for the skyscraper, which were considered
by a panel including representatives from Mr Packer's Crown Resorts, the developer Lend Lease, the Barangaroo
Delivery Authority and the NSW
Department of Planning and Infrastructure - ABC 05/16/13: Read
More
Australia, TAS, Riley Creek - Iron
Ore Mine Development Gets Green Light - Venture Mineral's proposal for an
iron ore mine in Tasmania's Tarkine region has cleared an environmental hurdle
- ABC 05/16/13: Read
More
Australia, WA - State’s First
Regional Freight Infrastructure Blueprint Released - Transport Minister Troy
Buswell today announced the release of the Western
Australian Regional Freight Transport Network Plan, providing a long-term infrastructure
blueprint for the development of the State’s regional roads, rail lines and
port authorities. Mr Buswell said the plan articulated strategic planning,
policy and capital investment priorities to meet the freight transport demands
of major industries and diverse communities across Western Australia to 2031 -
WA.gov.au 16/05/13: Read
More
Bangladesh - IPI Pipeline Construction
Connection Discussions - Joining the Iran-Pakistan-India
gas pipeline project would give Bangladesh access to Iranian gas and
resolve its energy crisis, Bangladeshi Finance Minister Abul Maal Abdul Muhith
said on Friday. Bangladesh has a natural gas deficit and at some point the
country would have to import gas, Muhith told journalists after a meeting
between Bangladeshi and Iranian officials in Dhaka - Pakistan Today 18/05/13: Read
More
China - Economic Outlook - China's
economic growth in 2013 is expected to reach 8.2 percent, while the achievement
of the target involving a higher probability to tip the risk towards bear case
than before, an economist of Morgan Stanley
said Monday - CRI 13/05/13: Read More
China - China's Central Budget for
2013 by the Minister of Finance ---- 2013年中央财政预算: 读更多用中文
– MOF.cn 13/05: 读更多用中文
China - Low Rent Housing Funding -
China's central government has allocated 8 billion yuan (1.30 billion U.S.
dollars) to support the low-rent housing project of 2013, the Ministry of Finance (MOF) announced
Wednesday. Of the total, 4.33 billion yuan and 3.41 billion yuan, or 54.2 and
42.7 percent of the total, went to the country's central and western regions,
respectively. East China, the country's most developed region, received the
remaining 253.35 million yuan, according to the MOF - CRI 13/05/15: Read More ----
读更多用中文
India - India's Power Grid Expected
to Expand to World’s Largest - India's transmission capacity during the 12th
Five-Year Plan period ending FY 2016-17, is expected to go up from 28,000
megawatts to 65,000 megawatts, "making it the largest grid in the
world," Union
Minister Jyotiraditya Scindia said -
Economic Times 05/13/13: Read
More
India, Dombivali - Dedicated Freight
Corridor Construction Plans - The Indian
Railways is expected to pay Rs 100 crore to Premier Ltd for acquiring 26 acres of
land owned by the Mumbai-based company for the proposed 'Dedicated Freight
Corridor' - Business-Standard 05/13/13: Read
More
India, Tamil Nadu, Chennai - Sewer
& Water Construction Contract - The municipal services vertical of Shriram EPC Limited has received a Rs
126-crore order from the Chennai Metropolitan Water Supply and Sewerage Board.
The scope of work includes setting up of a comprehensive water supply scheme in
Karambakkam, Nolambur and Injambakkam within the limits of Chennai as well as
providing a comprehensive sewerage at Kathivakkam area - Business Standard
05/13/13: Read
More
Indonesia - Cold Chain & Infrastructure
Expansion - Australia-based Coca-Cola
Amatil Indonesia (CCAI), the producer and distributor of the Coca-Cola
brand for the Asia-Pacific region, plans to invest up to US$500 million over
three to four years to maintain its business growth in the country, a senior
executive says. CCAI finance director Stuart Comino said on Tuesday that the
company would allocate 25 percent of total new investment on cooler units
throughout the market, while the remaining 75 percent would be for
manufacturing infrastructure - The Jakarta Post 05/15/13: Read
More
Indonesia, Kalimantan - Roads &
Seaports Construction Plans - The government is planning to build roads and
seaports in Kalimantan to support the local palm oil industry, which has seen
rapid growth in production. Deputy Trade Minister Bayu Krisnamurthi said he was
optimistic that Kalimantan would soon become the country’s biggest palm oil
producer, topping Sumatra’s forecasted production of up to 18 million tons of
crude palm oil (CPO) this year. According to the Eco-region Management Center, Kalimantan,
which is 1.5 times bigger than Java, currently has approximately 10 million
hectares of palm plantations - The Jakarta Post 05/17/13: Read
More
Indonesia, Karawang - Motorcycle
Manufacturing Plant Construction Funding - Motorcycle manufacturer PT Astra Honda Motor (AHM) on Friday
officially began the construction of the company’s fourth manufacturing plant
located in Karawang, West Java. AHM production, engineering and procurement
director David Budiono said the company would invest up to Rp 3.3 trillion
(US$338.17 million) in the new plant, which would have the capacity to produce
1.1 million motorbikes a year - The Jakarta Post 05/18/13: Read
More
Indonesia, North Sumatra - Pertamina
Embarks on Shale Gas Exploration - Indonesia’s biggest energy firm, PT Pertamina, will tap into shale gas
exploration this year in the state-controlled company’s bid to discover
unconventional natural gas amid dwindling crude oil production. Pertamina CEO Galaila Karen Agustiawan
signed the production-sharing contract of the Sumbagut block in North Sumatra
during the inauguration of the of the 37th Indonesian Petroleum Association
(IPA) convention in Jakarta on Wednesday - The Jakarta Post 05/15/13: Read
More
Indonesia, Riau Islands Province,
Batam - Subsea Wellhead Equipment Manufacturing Expansion - New York-listed
conglomerate General
Electric (GE) Co., is seeking a better foothold in Batam, Riau Islands,
with an investment of US$10 million for the construction of a high-bay
manufacturing facility producing subsea wellhead equipment - The Jakarta Post
05/18/13: Read
More
Japan, Tokyo - Cloud Computing
Expansion Plans - Fujitsu introduced top
technology and service-based cloud computing at the Fujitsu annual forum in Tokyo on Tuesday with
the aim of tapping the Japanese domestic market, which is estimated to be worth
up to US$3 billion this year. Fujitsu also
plans to set up 40 foreign database centers - The Jakarta Post 05/15/13: Read
More ---- The
FUJITSU Cloud Initiative/クラウドは富士通
New Zealand, Auckland - Convention
Center Construction Funding - The New Zealand Government has signed a
controversial deal for a gaming company to build a convention centre in return
for an extended casino licence and more poker machines. Under the deal, SkyCity Entertainment Group
will build a new $US330 million ($NZ400 million) convention centre in Auckland,
which is expected to open in 2017 - ABC 05/13/13: Read
More
Mongolia, South Gobi Region - U.S.
Mining Equipment Export Financing - The
board of the Export-Import Bank of the United States (Ex-Im Bank) has voted to
authorize an approximately $500 million direct loan to finance the continued
development of a Mongolian mine that upon completion will generate
approximately 30 percent of the Mongolian GDP. The Oyu
Tolgoi mine, which is located in the South Gobi region approximately 550
kilometers south of the capital city Ulaanbaatar, is an open-pit and
underground copper mine that will produce concentrate containing copper, gold,
and silver. Once developed, the mine will rank as one of the largest copper
mines in the world. It will also count as one of the most important capital
projects in Mongolia. The mine is operated by Oyu
Tolgoi LLC, which is jointly owned by Turquoise Hill Resources Ltd.
of Canada and Erdenes Oyu Tolgoi LLC of
Mongolia. Leading global mining company Rio
Tinto holds a majority stake in Turquoise Hill. One U.S. small business
that will benefit from the project is CC Solutions LLC, a
Yonkers, N.Y.-based company that is a specialist in export credit agency
administration. The company's proprietary software, MTS, has processed nearly
$1 billion in Ex-Im Bank disbursements across the world - Ex-Im.gov 05/16/13: Read
More
Pakistan, Lahore - Electricity
Shortfall Exceeds 6,200 MW - Increase in electricity load shedding in cities
across the country has adversely affected the lives of citizens besides
creating water shortage and halting commercial activities as electricity
shortfall has increased to 6,200 megawatts, according to PEPCO. Population of the urban areas has to
witness 14 hours of load-shedding while duration of load-shedding has reached
18 hours in rural areas - Business Recorder 18/05/13: Read
More
Philippines, Mindanao, Davao - 3
Modular Generators, Purchase Plans - Irma C. Exconde, Department of Energy
(DoE) assistant director for Electric Power Industry Management Bureau, said
that the three identified ECs already submitted board resolutions to the
department indicating their interest to acquire modular gensets. The Energy
official identified the ECs as Davao del Norte
Electric Cooperative, Inc.; Davao del
Sur Electric Cooperative, Inc.; and Davao Oriental Electric
Cooperative, Inc. - Business World
05/15/13: Read
More
Turkey, Aegean Region, Aydin - 141
MW Natural Gas Power Plant Construction Contract - Turkish and South Korean
companies signed a deal yesterday for construction of a natural gas cycle power
plant with 141 megawatt (mW) installed capacity worth $175 million that is
planned to generate power in the Aegean province of Aydın. Turkey’s Doğanlar Investment Holding’s
D-Energy Group and South
Korea’s KOSEP and SK E&C concluded a
deal for the construction of the plant in the Büyükefe district of Aydın -
Hurriyet Daily News 05/17/13: Read
More
Turkey, Aliaga - Oil Refinery
Construction Funding - Azeri state
energy firm SOCAR plans to borrow about $4 billion from foreign banks to
finance construction of a refinery in Turkey, an company official said, a
project that could provide a profitable outlet for its crude. The refinery at
Aliaga in western Turkey is planned to produce annually 500,000 tonnes of jet
fuel, 6 million tonnes of diesel, 500,000 tonnes of petroleum coke, 300,000
tonnes of liquefied petroleum gas and 1.6 million tonnes of naphtha. Total
construction costs are estimated at $5 billion to $6 billion - Reuters
05/17/13: Read
More
Turkey, Izmir - Infrastructure &
Sea Transportation Project Funding - IFC, a member of the World Bank Group, has
coordinated a €111 million loan from the French Agency for Development, the
European Bank for Reconstruction and Development, and Dutch banking group ING
to finance a major sea transportation project in Izmir. It is the first large
financing package in Turkey involving these three development finance
institutions based on common terms and conditions. The sea transport project is
part of a €156 million package IFC coordinated for Izmir that includes a €45
million loan for traffic management and emergency response projects closed last
December. To further support Izmir’s infrastructure needs, last month IFC
committed to a €28 million loan to the city’s Water and Sewerage Administration
to finance the expansion of the Çiğli Wastewater Treatment Plant, which serves
more than 80 percent of Izmir’s population. “By supporting further development
of the city's infrastructure, these projects will promote local economic
growth,” said Dimitris Tsitsiragos, IFC Vice President for Europe, Middle East
and North Africa - IFC 05/13/13: Read
More
Turkey, Istanbul, Karaköy - Port
Area Operation & Construction Contract - Doğuş Holding has placed the highest
offer for the privatization of the Istanbul
Salıpazarı Port Area, commonly known as Galataport, with a $702 million
bid, winning the right to operate the port area for 30 years. In his remarks, Doğuş Holding CEO Hüsnü Akhan said
his company foresaw an investment cost of between $350 million and $400 million
for the project that will comprise a cruise port, shopping malls and office
areas. The company plans to undertake the construction in compliance with the
historical architecture of the neighborhood and to complete it within three
years - Hurriyet Daily News 06/16/13: Read
More
Turkey to Turkish Republic of
Northern Cyprus - "Special Method Water Pipeline" Construction Starts
- Water
pipeline project construction to link Turkey and Turkish Republic of Northern
Cyprus (TRNC) has begun. The project envisaging the transfer of water from
a dam which will be built on Turkish side is estimated to cost 782.5 million
TL. The pipelines will transfer water through a special method which will be
applied for the first time in the world, as the pressure level in the deep-sea
prevents the transfer of water through the pipes. The 80,151 meter-long
pipelines will not transfer the water through channels in the deep-sea, but
through the hangers only in 250-meter under the sea - Anadolu Agency 18/05/13: Read
More
5. Europe
All Europe - (SME) Small, Medium
Size Enterprise Financing - The European Investment Bank (EIB) attaches the
highest importance to supporting small and medium-sized enterprises in order to
promote growth and jobs in Europe. The President of the EIB, Werner Hoyer,
stated during the annual meeting of the EIB’s Board of Governors in Brussels:
“The EIB sees its support for small and medium-sized businesses in the current
economic climate as a number one priority.” Following the EIB’s paid-in capital
increase of EUR 10 billion last year, the EU bank will lend an additional EUR
15 billion to SMEs during 2013 to 2015 - EIB 14/05/13: Read
More
Germany, Offshore Rügen Island - IBERDROLA
Completes Geotechnical Studies for its Wikinger Offshore Wind Farm in Germany -
Key geotechnical feasibility studies on the site of Wikinger offshore wind farm
have been successfully concluded, with a total cost of €20 million. Wikinger is
a 400-megawatt (MW) wind farm in the Baltic Sea, some 35 kilometres off the
coast of the German Island of Rügen. With an investment of €1.5 billion, the
project will generate €650 million in local and regional taxes through a 20
year period and will create some 2,000 direct and indirect jobs. Your Renewable
News 05/20/13: Read
More
Greece - Electricity & Natural
Gas Infrastructure & Transmission Funding - The European Investment Bank
(EIB) provides EUR 215 million for environmental-friendly energy in Greece with
two loans for electricity and natural gas. EUR 190 million go to the Greek Public Power Corporation S.A. (PPC)
for promoting energy security and efficiency in Greece. The investment adds state-of-the-art,
extended and efficient electricity transmission and distribution networks
throughout the country, allowing inter alia the efficient exploitation of
renewable generation sources. An additional EUR 25 million go to the Hellenic National Gas System
Operator S.A. (DESFA) for introducing natural gas in the currently
un-served Peloponnesus, through a new high pressure pipeline from Aghioi
Theodoroi to Megalopolis - EIB 16/05/13: Read
More
Poland, Pawlowo - 120 MW Wind Farm
Construction, Funding Pending Final Review - The EBRD is considering providing
a Polish Zloty long-term loan of up to €68 million equivalent to finance the
construction and operation of a 120MW greenfield Pawlowo wind farm in
north-west Poland. The Project is being developed in two phases: Phase I of
79.5MW located in the municipality of Gołańcz to be completed in 2013 and Phase
II of 40.5MW located in the municipality of Budzyń to become operational in
2015 - EBRD 14/05/13: Read More
Poland, Stalowa Wola - 450 Mwe
Combined Cycle Gas Turbine (CCGT) Power Station Construction Funding - The
European Investment Bank (EIB) is providing a PLN 566m (some EUR 140m) loan to Elektrocieplownia Stalowa Wola for the
construction of a combined cycle gas turbine (CCGT) power station with an
electric capacity of 450 MWe and heating capacity of 240 MWth. This highly
efficient power plant will be built on an existing industrial site within the
boundaries of the Stalowa Wola power plant in South-Eastern Poland EIB
13/05/13: Read
More
Romania, Arges County - Water &
Wastewater Infrastructure, Funding Pending Final Review - The EBRD is
considering providing a EUR 12 million loan to SC Apa Canal 2000 SA (the
“Company”), a regional water utility operating in Arges County to co-finance
its EU Cohesion Fund project. The proposed
project will assist the Company in extending and rehabilitating the water and
wastewater infrastructure in Pitesti, Topoloveni, and Costesti-Buzoiesti
aglomeration. These investments are expected to significantly reduce water
losses, optimize operating costs and expand water supply and wastewater
collection and treatment services in the County in line with relevant EU
directives - EBRD 14/05/13: Read More
Russia - Compressed Natural Gas
(CNG) & Multi-Fuel Filling Stations Network Development Funding - Eurasian
Development Bank (EDB) has provided to Gaztekhleasing the
first tranche of the loan in the amount of more than RUB 160 million to finance
the project to develop in Russia a network of compressed natural gas (CNG) and
multi-fuel filling stations using the financial lease mechanism. This project
is being fulfilled in the framework of Gazprom’s
Targeted Comprehensive Programme for CNG Filling Network and NGV Fleet
Development. The purpose of the programme is to promote the use of gas as a
cheaper and environmentally friendly fuel, including for both the municipal
transport and agricultural equipment - EDB 14/05/13: Read
More
Russia - (SME) Small, Medium Size
Enterprise Financing - IFC, a member of the World Bank Group, will help Transcapitalbank diversify its funding
base and expand access to finance for small and medium enterprises in Russia.
While the financial crisis continues to keep many foreign investors away from
the Russian economy, IFC facilitated a €116.5 million loan by mobilizing funds
from international financial markets. Transcapitalbank
will use the loan to support the foreign trade transactions of its
clients—small businesses located in Russian regions – IFC 05/16/13: Read
More
Serbia - (SME) Small, Medium Size
Enterprise Financing & Leasing - The EBRD is strengthening the private
sector in Serbia by providing loans and leasing finance to small and
medium-sized enterprises through local subsidiaries of UniCredit. The Bank will
extend a loan of €30 million loan to UniCredit Bank Serbia
for on-lending to private SMEs and up to €15 million to UniCredit Leasing
Serbia d.o.o. especially to strengthen equipment leasing - EBRD 17/05/13: Read More
Spain - (SME) Small, Medium Size
Enterprise Financing - The European Investment Bank (EIB) has signed a EUR 500
million loan agreement with the Instituto de Crédito
Oficial (ICO) designed to boost the amount of credit available to SMEs and
midcaps (companies with up to 3 000 employees), mainly in the industrial and
service sectors - EIB 17/05/13: Read
More
Spain, Móstoles - Repsol S.A.’s Research, Development
& Innovation Funding - The European Investment Bank (EIB) is supporting Repsol S.A.’s research, development and
innovation (RDI) programme with a EUR 200 million loan. EIB Vice-President
Magdalena Álvarez Arza and Repsol’s CEO Antonio Brufau signed the finance
contract in Madrid this morning - EIB 17/05/13: Read
More
Ukraine - Natural Gas Pipeline
Reconstruction & Development Plans - Ukraine hopes to sign a loan agreement
this September with the European Bank for Reconstruction and Development (EBRD)
and the European Investment Bank (EIB) worth $308 million on funding the
modernization of the Urengoi-Pomary-Uzhgorod gas pipeline, Energy and Coal
Industry Minister Eduard Stavytsky has said - Kyiv Post 05/13/13: Read
More
United Kingdom - Bank of England
Raises Outlook for British Economy - After five years of dire warnings about
the state of the British economy, the governor of the Bank of England
raised the outlook for growth on Wednesday and said a recovery was “in sight.”
- The New York Times 15/05/13: Read
More ---- The Inflation Report can be viewed as a complete PDF file or in
sections. Access Exact PDF Copies & Watch Podcast: Inflation
Report, May 2013
United Kingdom, England, London -
Mixed Use Construction Contract - Mace
has been appointed as main contractor to deliver the 727,000 sq ft first phase
of the Victoria
Circle scheme, as part of the continued transformation of Victoria. The
£380m contract is the result of almost two years project preconstruction advice
alongside the delivery of utility diversions, enabling works and appointment as
CDM Co-ordinator. The first phase offers 480,000 sq ft of efficient, high
quality office accommodation, 80,000 sq ft of retail/restaurant space and 170
luxury modern apartments within three architecturally striking buildings, at
the heart of a new, pedestrianized, landscaped public quarter - GovOpps.gov.uk
05/16/13: Read
More
United Kingdom, England, London
& South - Balfour Beatty Awarded
£1.5bn Thames Water Contract - International infrastructure group Balfour Beatty plc today announced
that its joint venture with Skanska and
MWH Global, SMB, has secured a
seven-year contract with Thames Water which will help to ensure the resilience
of the water infrastructure in London and the South for future generations -
GovOpps,uk 05/16/13: Read
More
United Kingdom, England, South
London - Energy Recovery Facility Construction Project Another Step Closer - A
spokesperson for the South London Waste
Partnership’s four boroughs (Croydon, Kingston, Merton and Sutton) has said
they are pleased that, “on the fair balance of evidence, the right decision has
been made” over the future of an Energy Recovery Facility in South London. A
Planning Committee gave approval for an Energy Recovery Facility to be built in
Beddington, South London on the borders of Sutton, Merton and Croydon - GovOpps.uk
05/18/13: Read More
United Kingdom, Scotland, Aberdeen -
New-Build & Major Refurbishment Social Care Projects Funding - Investment
in vital social care projects totalling more than £22m has been approved by
Aberdeen City Council. Social Care and Wellbeing Committee members unanimously
backed capital spending on two ongoing projects for 2013/14 – and supported a
series of new-build and major refurbishment schemes which will be carried out
by 2018 - GovOpps.uk 05/17/13: Read
List of Projects
6. Middle East & Africa
All Gulf Coast Countries - 2013: The
Year to Exploit Opportunities in the GCC Construction Sector - According to the
recently released Deloitte
GCC Powers of Construction Report, 2013 is a year of optimism and
opportunity in the GCC construction sector. The report titled ‘GCC Powers of
Construction: Meeting the challenges of delivering mega projects’, proposes
that the opportunities presented within the Middle Eastern construction sector
this year can be efficiently exploited by effective governmental spending -
Arabian Business 05/15/13: Read
More ---- Download 63 page PDF Report: Meeting
the Challenges of Delivering Mega Projects
Africa - Oil & Gas Industry
Outlook Africa 2013 - Africa’ share of global oil and gas production has stood
at 10% and 6% respectively over the past 24 months. Ecobank Research
estimates that the total production of crude oil in Africa in 2013 is likely to
be around 8.9 million barrels per day. Gas production in Middle Africa in 2013
will stand at nearly 2.4 trillion cubic feet a day. Nigeria’s gas production
accounts for 64% of the region’s 6.6 billion cubic feet per day - Ghana
News/SpyGhana 05/13/13: Read
More
Africa, Sub-Saharan Region -
Agricultural Infrastructure Development Funding - The United States, Sweden and
the African Development Bank have launched a fund to encourage accelerated
private investment in sub-Saharan Africa's agricultural infrastructure to
connect small farmers with international markets. Announced May 9 in Cape Town,
South Africa, at the Grow
Africa Investment Forum, the fund -- called Agriculture Fast Track -- will
be funded by $15 million from the U.S. Agency for International Development
(USAID) and $10 million from the government of Sweden. It was developed with
support from USAID and will be managed by the African Development Bank - MBendi
16/05/13: Read
More
Azerbaijan, Baku - Gypsum Plaster
Manufacturing Expansion Funding - One of the EBRD’s priorities in Azerbaijan is
to support the growth of the non-oil private sector by investing in in dynamic
small and medium-sized enterprises. Today, the European Bank for Reconstruction
and Development is providing financing to one such company based near the
capital Baku. Matanat-A, a fast-growing manufacturer of construction materials,
is Azerbaijan’s biggest maker of surface covering materials such as gypsum
plaster, mortars, cement-based adhesives and concrete additives. A €7 million
loan from the EBRD will finance a new production line for gypsum plaster and
dry mixes - EBRD 15/05/13: Read
More
Democratic Republic of Congo -
Cement Factory Construction Funding - South
African cement company PPC Ltd plans to expand operations to the Democratic
Republic of Congo (DRC) with a $200 million factory to boost sales outside its
home market. According to PPC, which
has made $1 million tonne factories in Zimbabwe, Ethiopia and Rwanda, it aims
to make 40 percent of its sales outside South Africa by 2016 - Ventures-Africa
05/16/13: Read More
Democratic Republic of Congo -
Hydropower Plant Construction Plans - Chinese, South Korean and Spanish firms
are vying to develop a hydro-electric project likely to cost between $9-billion
and $14-billion (U.S.) on the Congo River, Congolese officials said on
Saturday. The planned Inga 3 project, which aims to overcome power shortages
that have curtailed economic growth in Africa, would produce some 4,800
megawatts (MW) of electricity and is one of the largest proposed power projects
in Africa - The Globe And Mail 05/19/13: Read
More
Oman - Oil & Gas Assets
Negotiations - State-owned oil and gas firm PT
Pertamina is in negotiations with Oman officials for the takeover of oil
and gas assets in the Gulf state, expecting to seal an agreement by year’s end.
Pertamina president director Karen
Agustiawan, however, refused to provide details on the ongoing talks - The
Jakarta Post 05/17/13: Read
More
Qatar, Doha Bay - Bridge &
Tunnel Construction Management Contract - Fluor Corporation (NYSE:
FLR) announced today that the company executed a contract with Qatar’s Public
Works Authority (Ashghal) to provide program management and construction
supervision services for the approximately $5 billion Sharq Crossing program –
previously referred to as the Doha Bay Crossing program. A formal notice of
award was received in January and the contract was recently signed by both
parties. The approximately $185 million contract will be booked in Fluor’s
second quarter of 2013 - Herald Online 05/15/13: Read
More
Saudi Arabia, Riyadh - Airport
Design & Construction Starts - Turkish airport operator TAV’s construction arm said
yesterday it had officially undertaken the construction and design of a
terminal in King Khaled International Airport, in the Saudi Arabian province of
Riyadh. The joint venture of Turkey’s TAV and the local Al-Arrab Contracting Company had received
the official approval for the contract on the design and building of the new
Terminal 5 for an estimated cost of $400 million, the company said yesterday in
a written statement - Hurriyet Daily News 05/15/13: Read
More
South Africa - Export Markets -
Africa is a prime export destination for South African factory owners according
to the latest statistics compiled by the Manufacturing Circle. The
industry body said on Thursday that more than three quarters of manufacturing
firms it surveyed were exporting to Africa and that 26% said 81%-100% of total
exports were absorbed by African markets - Business Day Live 05/16/13: Read
More
United Arab Emirates, Dubai - Mixed
Use Development Project Plans - Dubai
Holding, a global investment holding company, has confirmed to Emirates
24l7 that it is reviving “The Lagoons” project on Dubai Creek through a joint
venture. Earlier, Arabic newspaper Al Bayan, quoting unnamed sources, said Dubai Holding and Emaar Properties, Dubai's
largest developer, will jointly develop ‘The Lagoons’ project. The master
development, the newspaper said, is likely to be home to a 1,000-metre tower -
Emirates 24/7 - 05/19/13: Read
More
United Arab Emirates, Dubai -
Shopping Mall Expansion Construction Planned - Dubai's Dragon Mart, the biggest Chinese
shopping mall abroad, is expected to launch its "Phase 2" in the
first quarter of 2014, director of the mall said. Omar Khoury told Xinhua that
the new phase, which includes two stories, will double the existing mall's
space to over 350,000 square meters and harbor 490 new outlets – CRI 13/05/14: Read More
Zambia, Kafue Gorge Lower -
Hydro-Electric Project Construction Funding - Zesco
also intends to issue bonds of up US$250 million for continued infrastructure
development. Zesco managing director Cyprian Chitundu said
the utility was also instructed to conduct international competitive bidding
for the US$2 billion 750MW Kafue
Gorge Lower Project - Post Zambia 13/05/13: Read
More
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Your
Market Opportunities this week may appear under: 1 Global Economic Comments; 2
North America; 3 Latin America & Caribbean; 4 Asia & Oceania; 5 Europe;
6 Middle East & Africa
1.
Global Economic Comments
World Economic Outlook by IMF -
Global economic prospects have improved again, but the bumpy recovery and
skewed macroeconomic policy mix in advanced economies are complicating
policymaking in emerging market economies. Chapter 3 examines the prospects for
inflation, particularly because inflation was remarkably stable in the wake of
the Great Recession and, in fact, has become less responsive to cyclical
conditions. Chapter 4 examines whether today’s fast-growing, dynamic low-income
countries are likely to maintain their momentum and avoid the reversals that
afflicted many such countries in the past - IMF 04/13: Read More
---- Download 204 Page PDF Full Report: World
Economic Outlook April 2013
2. North America
All United States - A Course for
Disabled Veterans to Launch Their Own Business - Disabled veterans are getting
help finding work in a tough job environment. Air Force veteran Mike Haynie has
created a course to teach vets how to launch their own businesses. Sanjay Gupta
reports on: CBS 60 Minutes 05/12/13: Read
Details & View Video Segment ---- Go to the: Entrepreneurship Bootcamp for Veterans with
Disabilities Website for Detailed Information
All United States - Black &
Veatch Released The
2013 U.S. Electric Utility Report - Key findings from Black & Veatch's seventh annual U.S. electric
utility industry report show rising levels of concern across the industry for a
broad range of issues. Once again reliability was the top-rated industry issue
- The Wall Street Journal/Market Watch/Globe Newswire 05/08/13: Read
More
All United States - International
Trade Finance Guide in Spanish & English - The U.S. Department of
Commerce’s International Trade Administration has published the inaugural
Spanish language version of the Trade Finance Guide: A Quick Reference for U.S.
Exporters. The guide is an easy-to-understand and use tool created specifically
to help U.S. small and medium-sized enterprises (SMEs) overcome one of their
major export challenges, how to get paid from export sales, thereby helping
turn their export opportunities into actual sales - ITA 05/08/13: Read
More ---- Download 36 page PDF Copy in English: Trade
Finance Guide ---- Download 36 page PDF Copy in Spanish: Guíade
financiamiento para operaciones de comercio internacional
AL, Jasper - High School
Construction Contracts - The Jasper City Board of Education moved the new
Walker High School project forward Wednesday afternoon with the approval of two
contracts. The board approved an architectural contract with Hoover-based Lathan Associates and a
construction management contract with Birmingham-based Hoar Construction. Superintendent Robert
Sparkman called the approvals “significant” and said work on the project would
begin next week - Daily Mountain Eagle 05/09/13: Read
More
AR, Osceola - Steel Mill
Construction Project Soon - The $1.1 billion Big River Steel mill that’s
planned for Osceola could be under construction later this year, but a number
of things have to happen before dirt can be turned for the superproject. The
plant is awaiting rulings from two state regulators and it still must get
signatures from financial backers and state officials before work can start.
The Arkansas Public Service Commission is expected to rule by May 20 on a
permit for two power lines that will go to the plant. The mill is to be built
by SMS of Germany - The News Star
05/12/13: Read
More
AZ, Lake Havasu - Fire Station
Generator Purchase Discussions - If a power outage occurred, fire station No. 5
on Lake Havasu Avenue would be incapacitated, according to a city staff report.
In order to avoid that potential trouble, the city needs to purchase a new
emergency energy generator, Fire Chief Dennis Mueller said in the report to
City Council members. At times, the existing generator and associated
components, which are more than 30 years old, has failed to operate when it was
required, the report said - Havasun News/News-Herald 05/11/13: Read
More
California to Latin America - Latin
American Construction Funding - The Board of Directors of the Overseas Private
Investment Corporation (OPIC) recently approved a new financing commitment of
up to $100 million to Paladin Realty Latin America Investors IV LP, a new
investment fund sponsored by Paladin
Realty Partners, LLC, a leading institutional real estate fund manager
focused on Latin America. The fund,
which held its initial closing earlier this year at $75 million and has a
target capitalization of $400 million to 600 million, aims to build thousands
of affordable housing units throughout Latin America - OPIC 05/08/13: Read
More
CA, Central Valley - High Speed
Railway Construction to Begin - The California
High-Speed Rail Authority (CHSRA) has awarded a two-year, $120-million
contract extension to Parsons Brinckerhoff,
Balfour Beatty's professional
services division, for program management services on the California High-Speed
Rail project. "The California High-Speed Rail system will transform the
way Californians travel, while alleviating freeway and airport congestion,
reducing carbon emissions and enhancing the state's economic competitiveness,"
explained Andrew McNaughton, Balfour Beatty chief executive. "With funding
now in place, construction of the initial segment in the Central Valley is on
target to proceed this summer." - RT&S 05/09/13: Read
More
CA, Riverside County - Toll Highway
Construction Contract Award - The Riverside County Transportation Commission on
Tuesday, May 8, approved a $632.6 million contract to build the new lanes on
Highway 91 in Corona. The contract is going to a joint venture between Atkinson Contractors and Walsh
Construction Co., both large, multi-state firms - The Press Enterprise
05/08/13: Read
More
CA, Sacramento - Data Center
Expansion - Twitter is leasing more
data center space at RagingWire’s
500,000-square-foot campus in Sacramento, Data Center Knowledge reported
Friday, attributing its report to “industry sources.” There’s no square-footage
figure available, but power use for the expansion is pegged at “more than 20 MW.”
- GIGAOM 05/10/13: Read
More
Canada, Atlantic Ocean, Jeanne d’Arc
Basin - Subsea Infrastructure Installation Contract - Technip
Canada will be doing some heavy lifting for Husky Energy both this year and in 2014.
The work for Technip will involve installation of subsea infrastructures, to
allow for oil production from an area near the main White Rose development.
That development is found in the Jeanne d’Arc Basin about 350 kilometres
southeast of St. John’s - The Telegram 05/11/13: Read
More
Canada, SK, Moose Jaw - Regional
Hospital Construction Starts - Construction on the new Regional
Hospital in Moose Jaw is underway. A
ceremony to celebrate was held on April 29th at the new site. Completion date is expected to be sometime in
December of 2014. The provincial government is contributing 80% towards the
projected cost of $99.5 million. Local
funding covers the remaining 20% - Triangle News 05/07/13: Read
More
CT, New Milford - Hospital ER
Construction Contract - Plans for New Milford Hospital's new 11,000-square-foot
emergency department appear to be on track. O&G Industries was awarded the
contract May 1 for construction management on the $10.8 million project - News
Times 05/09/13: Read
More
FL, Bay County - Lake Based,
Drinking Water Pumping System Construction Plans - The commission wants the
secondary water source in case a hurricane or widespread flooding caused
saltwater intrusion in lower Deer Point Lake — the county’s only drinking water
supply. This project would build a pumping station at the northern end of the
lake, which wouldn’t be susceptible to such natural disasters. The project is
estimated to cost $25 million - News Herald - 05/12/13: Read
More
FL, Bradenton - Bank Construction
Planned - Bank of the Ozarks plans to
build a two-story, 19-office, 10,555-square-foot building to use as its Manatee
County headquarters - Herald Tribune 05/12/13: Read
More
FL, Clearwater - Reverse Osmosis
Water Treatment Plant Construction to Begin - The $34 million plant, set to
begin construction in June, will be able to produce a maximum of 6.25 million
gallons per day, although it will pump out about 5 million gallons on an
average day, said Nan Bennett, assistant director of public utilities - Tampa
Bay Times 05/10/13: Read
More
IA, Des Moines - Wind Power Project
Funding - MidAmerican Energy Co.’s
$1.9 billion investment in wind energy in Iowa will help hold down customers’
electric bills, make the state more attractive to companies looking for greener
energy, and create good jobs, state and utility leaders said Wednesday. The MidAmerican Energy project becomes
the biggest single economic investment ever in the state, said Gov. Terry
Branstad - Press Citizen 05/09/13: Read
More
IA, Sheldon - Assisted Living
Facility Expansion Groundbreaking - A Groundbreaking Ceremony for a major
expansion to Fieldcrest Assisted Living Center in Sheldon is planned for Friday
at 10:00 AM. Fieldcrest
Assisted Living Center will construct a $3,425,000 addition greatly
expanding their facility - KIWA Radio 05/08/13: Read
More
IL, Chicago - 48 Story Office Tower
Construction Planned - Developer
Tishman Speyer is planning to build Chicago-based firm Krueck + Sexton's largest project on the
empty lot at 130 North Franklin Street - CTBUH 05/08/13: Read
More
IN, Lafayette - Subaru Assembly
Plant Expansion Funding - Subaru, gunning
for a fifth year of record U.S. sales, said it will invest $400 million to
expand capacity at its Indiana assembly plant by a third and add output of its
Impreza compact - Automotive News 05/08/13: Read
More
NJ, Phillipsburg - High School
Construction Contract - Standing at the future site of the new Phillipsburg
High School, state and local officials today announced the award of an $80
million construction contract to build the new facility. On April 22, Epic Management Inc. of Piscataway was
awarded the $80.5 million construction contract to build the new school. DIGroup Architecture of New
Brunswick is the architect for the project and Heery
International of Newark is the construction manager - The Warren
Reporter/The Times New Jersey 05/07/13: Read
More
NY, DeRuyter - Town Hall Renovation
Project & Generator Grant - A $125,000 Dormitory Authority of the State of
New York grant will provide an emergency generator, air conditioning and final
aesthetic work for the building - Madison County Courier 05/10/13: Read More
OH, South Charleston - Wastewater
Treatment Plant Generator & Upgrade Plans - The South Charleston Wastewater
Treatment Plant will soon get more than $880,000 in upgrades. Officials plan to
install a new engine generator, replace grating, upgrade system pump stations
and install an automatic skimmer that will remove solids such as rags and other
debris - Springfield News-Sun 05/08/13: Read
More
OH, Zanesville - Medical Center
Expansion Groundbreaking - The groundbreaking paved the way for the site of the
future home of Genesis Medical Center,
which will blend the Good Samaritan and Bethesda campuses into one. The
project’s estimated cost is close to $200 million, with $160 million for construction
and $40 million for new medical equipment and furnishings - Coshocton Tribune
05/12/13: Read
More
OK, Pryor - Lift Station
Construction & City Hall Generator Funding - Pryor Municipal Utility Board
transferred money to the city of Pryor and heard a number of updates at the
meeting Monday. Among their agenda items was a request to transfer $152,212.05
to the city of Pryor for a back-up generator for the new city hall. In the
engineer's report Steve Powell of Mehlburger Brawley Engineering told the board
bids were opened for the Ninth Street Lift Station last week. They received
seven bids, the highest being $190,000. Most of the bids, however, fell between
$105,000 and $170,000. Cherokee
Pride Construction was the best low bid - Pryor Daily Times 05/11/13: Read
More
TX, Houston - Ship Channel Dredge
Contract & Caribbean Dock Construction Project - Orion Marine Group, Inc. (NYSE:ORN)
(the "Company"), a leading heavy civil marine contractor serving the
infrastructure sector, today announced a contract award of approximately $9
million. Orion Marine Group was recently awarded a contract by the US Army
Corps of Engineers to dredge approximately two million cubic yards of material
on a portion of the Houston Ship Channel. Dredging will commence in the third
quarter and last approximately 7 months - Orion 05/09/13: Read
More ---- Orion Marine Group, Inc. (NYSE:ORN) (the "Company"), a
leading heavy civil marine contractor serving the infrastructure sector, today
announced a contract award of approximately $38 million. Orion Marine Group was
recently awarded a turnkey contract to design, build, and dredge a new dock
facility for a private customer in the Caribbean - Orion 05/07/13: Read
More
TX, Sabine Pass - LNG Export
Terminal Construction Funding - Exxon
Mobil Corp. (XOM), the largest energy company by market value, signed an
agreement with Qatar Petroleum
International to move forward with construction of a $10 billion natural
gas export terminal in Texas. The project will involve installing liquefaction
equipment at an existing import facility in Sabine Pass, Texas, according to an
e-mailed statement today from Golden
Pass Products LLC, a subsidiary formed by the two companies - Bloomberg
05/08/13: Read
More
TX, Victoria - Safe Room
Construction Funding - The Federal Emergency Management Agency announced it has
awarded $2.3 million to the state of Texas for the construction of a community
safe room in the city of Victoria, Texas, a small city about 30 miles inland
from the Gulf of Mexico. It has occasionally suffered hurricane damage. FEMA's
Hazard Mitigation Grant Program will pay 75 percent, or $2,325,000, of the $3.1
million cost of the safe room, a stand-alone, 20,000-square-foot structure that
"will provide protection from hurricanes, tropical storms and tornadoes
for the residents of Victoria County and is accessible for people with disabilities,"
according to FEMA's news release. It said the safe room will be built on the
campus of St. Joseph High School - OH&S 05/07/13: Read
More
WA, Seattle - 40 Story Residential
Tower Construction Starts - Boston-based GID Development Group is developing
the 40-story project at 2030 Eighth Ave., across the street from where
Amazon.com is building the first phase of what will be a
3.3-million-square-foot campus. This is GID’s first development here. Sellen Construction of Seattle is building
the 355-unit, market-rate project designed to appeal to younger professional
singles and couples - Puget Sound Business Journal 05/08/13: Read
More
3. Latin America & Caribbean
Brazil - Construction of Disability
Rehabilitation Centers Funding - People with disabilities will have access to
new services and equipment in the Unified Health System (SUS). Will open 29
Specialized Centers Rehabilitation (CER) with free transportation to those seen
in the 19 counties, conducted 18 workshops orthotics and prosthetics, and the
incorporation of six new models of wheelchairs and FM system for hearing
enhancement. The announcement was made on Tuesday (7) in Wansbeck (DF), and
with the measure, will be invested over U.S. $ 200 million in actions aimed at
people with disabilities - about 944 000 people per year will benefit. ---- As
pessoas com deficiência passarão a ter acesso a novos serviços e equipamentos
no Sistema Único de Saúde (SUS). Serão inaugurados 29 Centros Especializados de
Reabilitação (CER) com transporte gratuito para os atendidos em 19 municípios,
realizadas 18 oficinas de órteses e próteses, além da incorporação de seis novos
modelos de cadeiras de rodas e o sistema FM, acessório para aparelhos
auditivos. O anuncio foi feito nesta terça-feira (7) em Taguatinga (DF) e, com
a medida, serão investidos mais de R$
200 milhões em ações voltadas a pessoas com deficiência - cerca de 944 mil
pessoas por ano serão beneficiadas - Brasil.gov 07/05/13: Leia
mais em Português
Brazil - Energy Sector Investment -
More than U.S. $ 12 billion will be invested in projects in the energy sector.
Companies of various categories forwarded proposals to the Inova
Energy program. ---- Mais de R$ 12 bilhões serão investidos em projetos do
setor de energia. Empresas de diversas categorias encaminharam propostas ao programa
Inova Energia - Brasil.gov: Leia
mais em Português
Brazil, Alagoas, São Miguel dos
Campos - Ethanol Plant Construction Funding - The board of Banco Nacional de
Desenvolvimento Economico e Social (BNDES) approved financing of U.S. $ 300.3
million for the Bioflex Agroindustrial group company GranInvest build a
production plant for second generation ethanol. A power plant in the
municipality of São Miguel dos Campos, Alagoas ---- A diretoria do Banco
Nacional de Desenvolvimento Econômico e Social (BNDES) aprovou financiamento de
R$ 300,3 milhões para a Bioflex Agroindustrial, empresa do grupo GranInvest,
construir uma unidade de produção de etanol de segunda geração. A usina, no
município de São Miguel dos Campos, Alagoas - BNDES 07/05/13: Leia
mais em Português
Brazil, Rio de Janeiro - Hotel
Construction Funding - The Banco Nacional de Desenvolvimento Economico e Social
(BNDES) approved financing of U.S. $ 87 million to GL
Events Real Estate Developments Ltda. for deployment of an upscale hotel at
the Convention Center Riocentro in Barra da Tijuca in the West Zone of Rio de
Janeiro ---- O Banco Nacional de Desenvolvimento Econômico e Social (BNDES)
aprovou financiamento de R$ 87 milhões à GL
Events Empreendimentos Imobiliários Ltda. para implantação de um hotel de
alto padrão no Centro de Convenções Riocentro, na Barra da Tijuca, Zona Oeste
do Rio de Janeiro - BNDES 0605/13: Leia
mais em Português
Brazil, Roraima State - Aquaculture
Production Financing Available - The state of Roraima (RR) has become the
largest producer of fish in captivity in the North. The favorable climate and
water quality is possible to develop the activity psicultura. With the goal of
improving the quality of life and the local economy, the Bank of the Amazon has invested in shares in
family farming operations to support fish farmers in the region and encourage
the development of fish production. This year, the financial institution has
already provided the value of £ 3.3 million. ---- O estado de Roraima (RR)
tornou-se o principal produtor de peixe de cativeiro da região
Norte. O clima favorável e água de
qualidade é possível desenvolver a atividade de psicultura. Com o objetivo de
melhorar a qualidade de vida da população e a economia local, o Banco da
Amazônia tem investindo em ações em operações de agricultura familiar para
apoiar os piscicultores da região e incentivar o desenvolvimento da produção de
pescado. Neste ano a instituição financeira já disponibilizou o valor de R$ 3,3
milhões - Brasil.gov 05/03/13: Leia
mais em Português
Brazil, São Francisco & Parnaíba
- Solid Waste System Development Funding - The Company Valleys Development of São Francisco
and Parnaíba (Codevasf) is implementing through the Revitalization Program
Watershed of San Francisco and Parnaíba, public systems of collection,
treatment and disposal of solid waste. This year alone, the company will invest
about U.S. $ 8.3 million in facility and landfill development projects for
proper handling and disposal of waste, closure of landfills and acquisition of
equipment for proper operation of landfills, which will benefit more than 108
municipalities in Alagoas, Minas Gerais, Bahia, Pernambuco, Sergipe and
Maranhão. The funds come from the Growth Acceleration Program (PAC). ---- A Companhia de Desenvolvimento dos Vales do
São Francisco e do Parnaíba (Codevasf) está implantando, por meio do
Programa de Revitalização das Bacias Hidrográficas do São Francisco e do
Parnaíba, sistemas públicos de coleta, tratamento e destinação final de
resíduos sólidos. Somente neste ano, a empresa deverá investir cerca de R$ 8,3
milhões na instalação de aterros sanitários e elaboração de projetos para
manejo e disposição adequadas de resíduos, encerramento de lixões e aquisição
de equipamentos para operação adequada de aterros, que beneficiarão mais de 108
municípios em Alagoas, Minas Gerais, Bahia, Pernambuco, Sergipe e Maranhão. Os
recursos são oriundos do Programa de Aceleração do Crescimento (PAC) -
Brasil.gov 07/05/13: Leia
mais em Português
Haiti - Safe Drinking Water Project Funding
- IFC, a member organization of the World Bank Group, dIoHaiti using a new water distribution
company, to build a network of kiosks to provide access to safe water
affordable drinking the Haitian people who are private, while creating jobs.
---- IFC, organisme membre du Groupe de la Banque mondiale, aide dIoHaiti, une nouvelle société de
distribution d’eau, à construire un réseau de kiosques afin de fournir un accès
à une eau potable abordable aux populations haïtiennes qui en sont privées,
tout en créant des emplois - IFC 13/05/13: Lire
la Suite en Français
Mexico - US Border Region - 6
Enviromental Infrastructure Projects Funding - On May 9, the Board of Directors
of the Border Environment Cooperation Commission (BECC) and the North American
Development Bank (NADB) met in Matamoros, Tamaulipas, and approved financing
and certification for six new environmental infrastructure projects that
together will receive loans and grants totaling US$44.57 million and will
benefit more than 1.54 million residents in various communities throughout the
U.S.-Mexico border region. Among the projects certified for financing is NADB’s
first biogas project, which will capture and use methane gas from the municipal
landfill in Saltillo, Coahuila to generate electricity. The project will be
developed by Lorean
Energy Group, S.A.P.I. de C.V., which has the concession from the
Municipality to use the landfill biomass and operate the biogas recovery and
power generation project - NADB 05/09/13: Read
List of Other Projects
Mexico, Azcapotzalco, Vallejo -
Biotech Drug Manufacturing Plant Construction Funding - Neolpharma pharmaceutical group
announced an investment of 350 million pesos for the construction of a plant
for biotech drugs in Vallejo, Azcapotzalco. ---- El grupo farmacéutico Neolpharma
anunció una inversión de 350 millones de pesos para la construcción de una
planta de medicamentos biotecnológicos en Vallejo, delegación Azcapotzalco -
CMIC 10/05/13: Lea Más
en Español
Mexico, Jalisco - Highway
Construction & Repair Funding - A joint investment of federal and state
resources exceeding five thousand 300 million pesos, this year will be applied
to the road network of Jalisco. For four thousand 400 kilometers state, the
governor, Jorge Aristoteles Sandoval Diaz announced more than two thousand five
hundred million to begin work on a road scheme that currently 80% is
"appalling conditions". ---- Una inversión conjunta de recursos
federales y estatales superior a los cinco mil 300 millones de pesos, se
aplicarán este año a la red carretera de Jalisco. Para los cuatro mil 400
kilómetros estatales, el gobernador, Jorge Aristóteles Sandoval Díaz, anunció
más de dos mil 500 millones, para empezar a trabajar en un esquema carretero
que actualmente el 80% está "en condiciones pésimas" - CMIC 07/05/13:
Read
More
Mexico, Mexico City - Real Estate
Development Outlook - In the next three years, the real estate industry will
invest 9 billion pesos in Mexico City with the construction of housing
developments, offices, shopping and entertainment. These projects, which
already have all the permits, there will be 9 million square meters, according
to the Federal District. ---- En los próximos tres años, la industria
inmobiliaria invertirá 9 mil millones de pesos en la ciudad de México con la
construcción de desarrollos habitacionales, oficinas, comerciales y de
entretenimiento. Dichos proyectos, que ya cuentan con todos los permisos, se
realizarán en 9 millones de metros cuadrados, informó el Gobierno del Distrito
Federal - CMIC 09/05/13: Read
More
Mexico, Tamaulipas - Wind Power
Plant Construction Discussions - Tamaulipas has optimal conditions to develop
wind energy projects, which may be viable with the participation of
international organizations like the BECC and NADB and help not only reduce
consumption but also to improve the environment in the border region of Mexico
with the United States. ---- Tamaulipas cuenta con condiciones óptimas para
desarrollar proyectos de energía eólica, que pueden ser viables con la
participación de organismos internacionales como la Cocef y el Bdan y que
ayudan no sólo a reducir el consumo sino también para mejorar el medio ambiente
de la región fronteriza de México con Estados Unidos -CMIC 10/05/13: Lea Más
en Español
Peru - Small Hydro Development
Projects Studies Sought - Peru's Ministry of
Energy and Mines (MEM) has issued a call for expressions of interest from
consultants for studies of new development of small hydro projects in Peru -
Agencia Andina 05/07/13: Read
More
Peru - Water & Sanitation
Infrastructure Funding Discussions - Peru's authorities are assessing water and
sanitation works for as much as 1.78bn soles (US$678mn) to be carried out under
a public investment scheme - Agencia Andina 05/06/13: Read
More
4. Asia & Oceania
Afghanistan, Bamyan, Daikundi &
Ghor Provinces - School Construction Funding - Japanese Ambassador Hiroshi
Takahashi signed a USD 25mn contract for the construction of school buildings
in Bamyan, Daikundi and Ghor provinces with Education
Minister Ghulam Farooq Wardak. With the construction of the 51 buildings,
more than 450,000 students would benefit and find access to better education
facilities - Wadsam 05/07/13: Read
More
Afghanistan, Helmand Province - Infrastructure
Projects Funding - Eighty-five uplift projects would be implemented over next
nine months at a total cost of USD 6.5mn in Musa Qala, Sangin, Grishk, Nad Ali,
Nawa, Marja and Garamser districts of Helmand province. Funded by the UK
government, the projects include 21 education, 18 health, 11 agriculture, 19
rural development and 16 water management projects - Wadsam 05/07/13: Read
More
Australia, QLD - Coal Project to
Proceed - Mining company
Bandanna Energy says it is still on track to go ahead with a coal project
in central Queensland's Bowen Basin, despite a slowdown in the resources
sector. The company says it hopes to start production from a new mine at
Springsure Creek, south of Emerald, in 2015 - ABC 05/10/13: Read
More
Australia, WA, Kimberley - Natural
Gas Development Plans - The State Government has introduced a bill into
Parliament to ratify an agreement to develop vast gas reserves in the Canning
Basin, in the remote Kimberley. The Premier Colin Barnett told Parliament the
bill will ratify a natural gas deal signed between the Government and gas
explorer, Buru Energy. Buru Energy
is exploring in the basin backed by Japanese giant,
Mitsubishi Corporation - ABC 05/08/13: Read
More
China - Coca-Cola to Invest Further
in China - Ahmet Bozer, president of Coca-Cola
International, has an interview with journalists in Beijing, capital of
China, May 9, 2013. The Coca-Cola Company announced here on Thursday that it
will continue to increase investment levels in China. Bozer said 4 Billion U.S.
dollars of investment will be added by 2014 in China. And he explained that the
investment is mixed with marketing assets like plants, transportation and
retail outlets - Xinhua Net 13/05/09: Read
More
China, Shanghai - GM to Build USD
$1.3 Billion Cadillac Plant - General
Motors Co. GM said its Shanghai GM joint venture received permission from
Chinese authorities to build an eight billion yuan ($1.3 billion) factory to
manufacture its Cadillac brand, boosting the auto maker's ambition of becoming
a larger player in China's booming luxury-car market - The Wall Street Journal
13/05/07: Read
More
China, Zhejiang Province, Cangnan
County - Land Reclamation Contract Awarded - CCCC Shanghai Dredging
Co., Ltd. and CCCC
Guangzhou Dredging Co., Ltd. won the bids for Lot I and Lot II of Phase II
(EPC) of the reclamation and soft foundation treatment project of Jiangnan
reclamation zone in Cangnan County, Zhejiang Province, with a total contract
value of 2.694 billion yuan - Dredging Today 13/05/08: Read
More
India, Himachal Pradesh - Drinking
Water Construction Projects Funding - With the water supply shrinking in the
city with the arrival of summer, the Himachal Pradesh government is planning to
launch over Rs 500 crore scheme to ensure regular supply of water to the people
in the state capital. “There is a scheme of Rs 516 crore to uplift the water
from Kol Dam over river Sutlej in Shimla district to supply it to the city of
Shimla,” Urban Development Minister Sudheer Sharma told reporters here - The
Hindu Business Line 05/12/13: Read
More
India, Kanpur to Mughalsarai -
Eastern Corridor Construction Funding - Dedicated Freight Corridor Corporation
of India Ltd is likely to sign a $1.25 billion loan agreement with the
World Bank by June for developing the second phase of Eastern Corridor between
Kanpur and Mughalsarai - NDTV Profit 05/12/13: Read
More
India, Mumbi - 116 Story Residential
Skyscraper Designed to Confuse the Wind - Adrian
Smith and Gordon Gill Architecture has unveiled plans for Imperial Tower,
which would become Mumbai's tallest building and surely one of the world's most
slender skyscrapers, should it come to be built. The 116-story, 400-m
(1,300-ft) tall residential skyscraper has a distinctive curved shape, which
AS+GG says has been designed to "confuse the wind." - Gismag
05/03/13: Read
More
India, Odisha Province - Iron Ore
Mining Plant Construction to Proceed - India Supreme Court Clears Way For Posco To Build $12 Billion Iron Ore
Mining Plant In Odisha State - International Business Times 05/10/13: Read
More
India, Tamil Nadu - 100 MW Wind Farm
Construction Project - Mytrah Energy (India)
Ltd is putting up a 100 MW farm near Coimbatore, Tamil Nadu. The farm will
be fully built by September, U.B. Reddy, Chief Operating Officer, Mytrah
Energy, told Business Line on Friday. The Tamil Nadu farm will use Regen Powertech’s machines - The
Hindu Business Line 05/13: Read
More
Indonesia, East Java, Gresik - Cocoa
Processing Factory Construction Funding - In a bid to tap into Asia Pacific’s
growing cocoa market, the world’s top
agriculture company Cargill is investing US$100 million in the construction
of a cocoa processing factory in Gresik, East Java. The new facility — its
first in Asia — will have the capacity to process 70,000 tons of cocoa beans.
It is expected to start operation in mid-2014 and process cocoa beans into
various products including cocoa liquor, butter and powder - The Jakarta Post
05/10/13: Read
More
Indonesia, East Kalimantan, Pulau
Balang - Bridge Construction Funding - A budget of Rp1.6 trillion for a
800-meter bridge to be built in Pulau Balang, East Kalimantan, has been
approved. The fund will be available from the 2014 state budget, head of the
Balikpapan Development Planning Board Suryanto said here on Friday. "The
project is financed with the state budget, therefore, it is a central government`s
project and the tender will be held in Jakarta," Suryanto said. Three
state construction companies are involved in the project including PT Hutama
Karya, PT Adhi Karya, and PT Bangun Cipta - Antara News 05/10/13: Read
More
Indonesia, North Sumatra - Pertamina
to Sign First Shale Gas Contract - State-owned
oil and gas firm Pertamina will be the first company to sign a work
contract the development of on shale gas, or non-conventional gas found trapped
within shale formations, a senior official said. Director General for Oil and
Gas of the Energy and Mineral Resources Edy Hermantoro said Pertamina would
sign the contract during the Indonesian
Petroleum Association (IPA) conference in the middle of this month (May
2013). The location of Pertamina shale gas working area is in North Sumatra
near the border with Aceh province - Antara News 05/07/13: Read
More
Indonesia, West Java, Sukabumi -
Cement Factory Construction Project - Siam
Cement Group (SCG) on Tuesday signed an agreement with its Chinese counterpart CONCH for the machinery
and construction process for an eco-friendly cement plant in Sukabumi, West
Java. The plant, with a capacity of 1.8 million tons per year, will be run by
SCG’s wholly owned subsidiary PT Semen Jawa. With investment totaling US$356
million, construction is expected to kick off this year. - The Jakarta Post
05/08/13: Read
More
Mongolia, Erdenet to Ovoot - Coal
Haul Railway Development Contract - Aspire Mining (ASX: AKM) has
marked an important milestone in the development of the Erdenet to Ovoot
Railway with the appointment of Snowy Mountains
Engineering Corporation (SMEC) as its railway engineering partner - Proactive
Investors 05/07/13: Read
More
Nepal, Tanahu - 140 MWe Hydropower
Plant Construction Funding - The European Investment Bank (EIB) has granted a
EUR 55 million (NPR approx 6.41 billion) loan to the Federal Democratic Republic of Nepal to
finance the construction and operation of the Tanahu Hydropower plant. The project
will be co-financed by the Asian Development Bank (ADB), the Japan
International Cooperation Agency (JICA) and the Abu Dhabi Fund for Development.
The EIB funding represents 15% of the total cost of the project - EIB 07/05/13:
Read
More
Pakistan, Karachi, Thar Coal Field -
600 MW Power Generation Construction Project MOU - Karachi Electric Supply Company and Sindh Engro
Coal Mining Company (SECMC) inked a memorandum of understanding to
construct a power generation project capable of producing 600 megawatts (MW) at
Thar coal field - Pak Tribune 09/05/13: Read
More
Pakistan, Sindh - Water Supply,
Sanitation & Solid Waste Management Improvement Funding - The Asian
Development Bank (ADB) and the Government of Pakistan on Wednesday signed an
agreement to invest $99.1 million in improving water supply, sanitation and
solid waste management facilitates in eight smaller cities of Sindh - Pak
Tribune 09/05/13: Read
More
Papua New Guinea - Women in Business
Initiative & Funding - IFC, a member of the World Bank Group, and the
Australian government will support Papua New Guinea’s private sector to
establish Women in Business Initiative which will facilitate connections
between businesses to demonstrate through policy, practice and profit that
women’s economic empowerment is smart economics. Through funding from the
Australian Agency for International Aid, AUSAID, IFC will provide financial and
technical support to the Papua New Guinea business community in setting up the
Women in Business Initiative, which will come under the Papua New Guinea Business Council and the Port Moresby Chamber of Commerce and Industry
- IFC 05/10/13: Read
More
Philippines, Batangas & Mindanao
- Natural Gas & Run-of-River Hydro Construction Projects Funded - First Gen Corp. is allocating at least
$100 million (about P4.08 billion) to finance its natural gas and run-of-river
hydro projects this year. First Gen president Francis Giles Puno said yesterday
the company’s investment for this year will go primarily to the San Gabriel
expansion in Batangas and the pre-development of the run-of-river hydro
projects in Mindanao - Malaya 09/05/13: Read
Details
Philippines, Cebu City - Office
& Residential Tower Construction & Shopping Mall Expansion - Developer Ayala Land, Inc. is currently
expanding its flagship mixed-use district in Cebu to include a larger retail
portion and new office and residential spaces, reflecting the company’s growing
optimism in the province, a senior official said recently. The plans are still
being put up, but it (Cebu) will be a substantial play. In Ayala Center
Cebu, the mall itself is being expanded - Business World 05/09/13: Read
More
South Korea, Ulsan - World’s Largest
Container Ships Construction Contract - South Korea’s Hyundai Heavy Industries said
yesterday that it had won a $700 million deal to build the world’s largest
container ships for China Shipping
Container Lines - Hurriyet Daily News 05/12/13: Read
More
Turkey - (SME) Small, Medium Size
Enterprise & Women Owned Business Financing - Turkey relies on small and
medium-sized enterprises (SMEs) for 80 per cent of its employment and 60 per
cent of its exports. Supporting Turkish SMEs by providing them with better
access to finance is a priority for the European Bank for Reconstruction and
Development. Now the EBRD is providing a facility of €150 million of which €50
million is committed today to Işbank
for on-lending to small and medium-sized businesses, with a focus on several
areas: loans to agricultural enterprises, SMEs that want to improve their
energy efficiency, small-scale renewable energy generators and women-led
businesses - EBRD 09/05/13: Read More
Turkey - (SME) Small, Medium Size
Enterprise Financing for Small-Scale Renewable Energy Projects - The EBRD is
continuing to help Turkey become an energy-efficient and low carbon market
economy with new financing of US$ 80 million provided to VakifBank for
on-lending to private companies investing in energy efficiency and small-scale
renewable energy projects - EBRD 10/05/13: Read
More
Turkey, Izmir - Ferry Docks/Wharves
& Maintenance Facility Construction Funding - The European Bank for
Reconstruction and Development is helping improve public transportation for
over three million people with a €33 million loan to Izmir municipal ferry
operator Izdeniz. The
financing will enable the company to buy three car ferries, build four wharves
and a maintenance facility in a move to make sea transport more efficient,
encouraging residents to avoid congested roads - EBRD 13/05/13: Read More
Turkey, Istanbul - Airport
Construction & Lease – Limak
/ Cengiz / Kolin / Ma-Pa/Kalyon joint
venture group offered the highest bid of 22.152 billion euros for the
construction and 25-year lease of the third airport in Istanbul - Anadolu Agency
03/05/13: Read
More
5. Europe
Austria, Lower Region - Wind Farms
Construction Funding - The European Investment Bank (EIB) is providing a EUR 140
million loan to finance wind farms in Lower Austria. The loan will finance the
construction of wind farms with a total capacity of 150 MW in the Lower
Austrian municipalities of Bad Deutsch-Altenburg, Petronell Carnuntum, Höflein,
Rohrau, Bruck an der Leitha, Hof and Seibersdorf. The renewable energy
specialist and project promoter Energiepark
Bruck will build and operate the
facilities. Turbines for the first wind farms will be obtained from the manufacturer
Enercon - EIB 03/05/13: Read More
Belarus, Minsk - Electric Rail
Production JV Funding - EBRD will finance the first Western investment in the
production of passenger electric in Belarus. In the course of this investment
project of the former state-owned enterprise for the production of trams and
trolley buses were successfully reorganized with the creation on its basis a
private company controlled by the strategic investor Swiss
Stadler Rail AG. The EBRD is
providing a loan of 14.5 million euros for up to 10 years, the joint venture
formed by the global market leader in rail vehicles Swiss family company
Stadler and the Minsk Regional Executive Committee, serving as a minority
shareholder. ---- За счет долгосрочного кредита ЕБРР будут профинансированы
первые западные инвестиции в производство пассажирского электротранспорта в
Беларуси. В ходе указанного инвестиционного проекта бывшее государственное
предприятие по производству трамваев и троллейбусов было успешно реорганизовано
с созданием на его основе частной компании, управляемой швейцарским
стратегическим инвестором Stadler Rail AG. ЕБРР предоставляет заем в размере 14,5 млн. евро на срок
до 10 лет совместному предприятию, образованному лидером мирового рынка рельсового
подвижного состава швейцарской семейной компанией Stadler и Минским областным
исполнительным комитетом, выступающим в качестве миноритарного акционера - EBRD
10/05/13: Прочитайте больше в русском
Georgia - East-West Highway
Improvement Project Funding - The World Bank Board of Executive Directors
approved today a US$75.0 million equivalent financing for the Fourth East-West
Highway Improvement Project (EWHIP4) for Georgia. This is the latest in a
series of investments aimed at upgrading the E60 Highway, Georgia’s key
transport corridor - World Bank 05/09/13: Read More
Italy, Milan - Mixed Use Tower
Development, Master Plan Completed - Renzo Piano
has completed the master plan for the derelict steel production district of
Milan, designboom reports. The regenerated district, which is scheduled for
completion in 2018, will include a series of towers ranging between 40 and 90
meters (131 to 295 feet) and will produce all of its own energy. The architect
has been granted legal rights to 1.3 million square meters (14 million square
feet) in the depopulated and run-down area, which he plans to restore through
introducing a museum, library, research centers, universities, homes, shops and
a 1 million square meter park (10.7 million square feet) - CTBUH 05/07/13: Read More
Kosovo - Infrastructure Funding
Strategy & (SME) Small, Medium Size Enterprise Financing - Five months
after welcoming Kosovo as its 66th member country, the EBRD has adopted its
first full strategy for the country, now available on
http://www.ebrd.com/pages/country/kosovo/strategy.shtml.
The document builds on the experience made since the Bank started limited
activities in 1999. The Bank now sees an opportunity to contribute to the
acceleration of the reform process and support the economy of Kosovo. In its
strategy the Bank identifies the following key strategic directions for the
coming three years, the period covered by the country strategy - EBRD 08/05/13:
Read More
Montenegro, Lastva to Pljevlja -
Transmission Line & Substation Construction Funding - Key investments in
the power sector of Montenegro, which are expected to also strengthen regional
trade and exchange, will be supported by the EBRD with a loan of up to €60
million. The Bank’s funding will be used to finance a new transmission line, a
new substation and the strengthening of the existing high voltage network near
the Adriatic Coast. Ljubo Knezevic, the CEO of Crnogorski Elektroprenosni Sistem AD, the owner and operator of the Montenegrin electricity
transmission system, added: “This is a key project not only for our company and
our country, but with potential for the wider region - EBRD 08/05/13: Read More
Poland, Stalowa Wola - 450 MWe
Combined Cycle Gas Turbine (CCGT) Power Station Construction Funding - The
European Investment Bank (EIB) is providing a PLN 566m (some EUR 140m) loan to Elektrocieplownia Stalowa Wola for the construction of a combined cycle gas turbine (CCGT)
power station with an electric capacity of 450 MWe and heating capacity of 240
MWth - EIB 13/05/13: Read More
United Kingdom, England, London -
Waste Water Treatment Plants Upgrades Funding - Mapal Green Energy Ltd., Sewage
treatment technology developer, has raised £1.5 million (NIS 8.3 million) in
its second financing round from British private equities fund Charles Street
Securities Europe LLP. Which invested NIS 9 million in the company’s first
financing round in November 2010, and has set up an office in London. The
company also signed its first contract in the UK, with Anglian
Water Services Ltd., which provides
water and sewage treatment services to four million customers in eastern UK.
Mapal will initially install its technology at the Stanbridgeford municipal
sewage treatment plant, north of London, and will initially upgrade 400 of the
plant’s 1,100 sewage treatment units - Jewish Business News 12/05/13: Read More
United Kingdom, Scotland, Aberdeen -
City By-Pass Construction Funding - A Funding deal for a controversial city
bypass, the Aberdeen Western Peripheral Route has been reached after a
shortlist of firms bidding for the £745 million project was drawn up. A
shortlist of four consortiums has been drawn up for the contract: Granite City
(Macquarie Capital and Vialia); North East Roads Partnership (Cintra
Infrastructures SA and Bilfinger Project Investments GmbH); Scotia Roads Group
(BAM PPP, Costain, Iridium and Sir Robert McAlpine Capital); and Connect Roads
(Balfour Beatty Investments, Carillion Private Finance and Galliford Try) -
Daily Record 07/05/13: Read More
United Kingdom, Shetland, North Yell
- 2nd Wind Farm Gets Green Light - SHETLAND’S second wind farm should be
operating within two years after the North
Yell Development Council
was granted a grid connection for their five turbine project near Cullivoe. As
well as the 4.5 megawatt wind farm, the organisation is planning to deploy the
world’s first community tidal generator later this year, which will be much
smaller at 30 kilowatts – “the equivalent of 10 kettles” - Shetland News
07/05/13: Read More
United Kingdom, Wales, Swansea -
Hospital Administration Office Construction Contract - BAM Construction has won a £16m project to build an office block at Morriston Hospital
in Swansea - Construction Index 08/05/13: Read More
6. Middle East & Africa
All Africa - The Africa Competitive
Report 2013 - Africa must increase competitiveness or jeopardize future growth,
warns the Africa Competitiveness Report 2013, which assesses prospects for
sustainable growth of 38 African countries. Jointly produced by the African
Development Bank, the World Bank and the World Economic Forum, the report
identifies closer regional integration as an important driver for enhancing
competitiveness - AfDB 09/05/13: Read More
---- Access PDF Report Components ---- Download 221 page PDF Full Report: The Africa Competitive Report 2013
All Gulf Coast Countries - 2013
Contract Awards Projected - The GCC projects industry is expected to have
another stellar year in 2013 as the value of contracts to be awarded is
expected to reach $1.35 trillion by year-end, significantly higher than the $
730 billion total last year. “Through the MEED Quality Awards for Projects, in association with Ernst
& Young, we seek to support this vital
activity by recognizing and celebrating the best achievements in the GCC
projects industry,” added Edmund O’Sullivan, chairman, MEED Events, organizer
of the event. Data from MEED shows that Saudi Arabia leads the region with
close to $ 600 billion projects to be awarded, followed by the UAE with
slightly more than $ 350 billion contracts and Kuwait with a little over $ 150
billion. Between Qatar, Oman, and Bahrain, more than $ 250 billion are expected
to be awarded this year - Arab News 12/05/13: Read
More
All Gulf Coast Countries - 2013
Deloitte GCC Powers of Construction Report - With 2013 forecasted to be a year
of optimism and opportunity for construction in the Middle East, all eyes are
back on governments in the region and how they propose to manage their
spending, according to DeloitteMiddle East’s newly released annual report on the sector: “GCC Powers of
Construction: Meeting the challenges of delivering mega projects” - Deloitte
13/05/13: Read More & Access PDF Copies
All MENA Countries - Women Business
Owners Expansion Support - A new IFC-supported report finds that women business
owners in the Middle East and North Africa (MENA) have a strong appetite for
expansion and are poised to contribute economic growth but require greater
access to capital. Ready for Growth: Solutions to Increase Access to Finance
for Women-Owned Business in the Middle East and North Africa surveyed 431 women business owners across eight economies
in the region. Published in partnership with Vital Voices and the MENA Businesswomen’s Network, the report examines women business owners’ need for
capital, information, and training to grow their businesses - IFC 05/08/13: Read More
Azerbaijan - Furniture Factory
Improvement Funding - The EBRD is providing a $12 million loan to Azerbaijan’s
largest furniture
manufacturer Embawood to
finance further improvements of the company’s production facilities. The funds
will be used to improve the quality control to maintain the high standards of
the company. Parts of the loan will be used for energy efficiency improvements
at its three production units - EBRD 11/05/13: Read More
Congo, Democratic Republic - Urban
Infrastructure Development Funding - The World Bank's Board of Executive
Directors today approved the following project. IDA Grant: US $100 million
equivalent. Project ID: P129713 - The development objective of the Urban
Development Project for Congo, Democratic Republic of is to improve access to
basic services and strengthen urban and municipal management of the targeted
cities. Achieving the project development objective (PDO) will require
investments in infrastructure combined with strengthening of the legal and
regulatory framework and capacity building (technical, organizational,
financial) of the principal actors at all levels - World Bank 05/09/13: Read More
Egypt, Suez Canal - Canal Expansion
& Logistic Regional Project Construction Discussions - Chairperson of the Turkish-Egyptian Business Council Zuhal Mansfield said that "The world needs this
project. It is high time to expand the Suez Canal and build buildings, ports,
shopping malls, maritime pools and shipbuilding yards around it,"
Mansfield stressed. All that is needed for the Suez
Canal Project is to hold a tender, Mansfield also
said - World Bulletin 11/05/13: Read More
Kenya to Ethiopia - AfDB Launches
US$1.26B Kenya – Ethiopia Electricity Highway - The project, which is expected
to be completed in less than five years, involves the construction of
transmission lines of about 437 km in Ethiopia and about 631 km in Kenya and
associated AC/DC converter stations at Wolayta-Sodo (Ethiopia) and Suswa
(Kenya) substations with a transfer capacity of up to 2,000 MW in either
direction - AfDB 07/05/13: Read More
Kuwait & Saudi Arabia - Crude
Oil Gathering Area Refurbishment (EPC) Engineering, Procurement &
Construction Contract - Kuwait Gulf Oil Company (KGOC) and Saudi Arabian Chevron (SAC) signed an EPC contract for the refurbishment of the Wafra
Main Gather Center (MGC) at Hilton Resorts Tuesday - Arabian Times 05/07/13: Read Details
Lebanon - Infrastructure Projects
Funding - The European Union and the Lebanese
Ministry of Economy and Commerce
have launched the third phase of the Qualeb Programme,
a joint project to strengthen infrastructure in Lebanon. The EU will provide a
total of 5.8 million euros for the projects - ANSAmed 08/05/13: Read More
Morocco, Ouarzazate - 160 MW Solar
Power Plant Construction Starts - Morocco on Friday officially launched the
construction of a 160-megawatt solar power plant near the desert city of
Ouarzazate, the first in a series of vast solar projects planned in the
country. The largest of its kind in the world, according to Mustapha Bakkoury,
the head of Morocco's solar energy agency MASEN, the thermo-solar plant will
cost 7 billion dirhams (630 million euros) and is slated for completion in
2015, the official MAP news agency reported. A consortium led by Saudi
developer ACWA Power
won the contract to build the plant - Sudan Vision Daily 14/05/13: Read More
Nigeria, Lekki Port - Port,
Industrial & logistics Hub - The Managing Director of Lekki Port LFTZ
Enterprise, Mr. Haresh Aswani, has assured
stakeholders that the deep seaport project in Lekki would be completed and
operational in the first quarter of 2016 as planned. Aswani explained that the
Lekki Port, conceptualised as a multi-product industrial and logistics hub,
would spread across 90 Hectares of land and shall be built at an estimated cost
of $1.55 billion. He said, so far, the aggregate committed amount to date is
$800million, while 33 out of 36 project permits have already been secured -
This Day Live 13/05/13: Read More
Oman - (SME) Small, Medium Size
Enterprise & Female Entrepreneur Financing - IFC, a member of the World
Bank Group, and IFC Capitalization Fund are investing $195 million in Bank Muscat,
the largest commercial bank in the Sultanate of Oman, to support its capital
base and increase access to finance for small and medium enterprises and female
entrepreneurs - IFC 05/13/13: Read More
Somalia - Reconstruction Funding -
The African Development Bank pledged its support to Somalia’s reconstruction on
May 7 with a commitment of US $18 million over three years. African Development
Bank President Donald Kaberuka made the commitment during the closing day of
the two-day Somalia conference - AfDB 08/05/13: Read More
Tunisia - Natural Gas Transmission
& Distribution Network Development Funding - A Loan and Project Agreements
were signed today in Tunis between the Republic of Tunisia and the Kuwaiti Fund
for Arab Economic Development, whereby the Fund will provide a loan amounting
to twenty five million Kuwaiti dinars (equivalent to approximately U.S. $ 88
million) for the participation in the financing the development of Transmission
and Distribution Network of Natural Gas Project. The total cost of the project
Estimated costs of the project, including contingencies for quantities and
prices and interest during construction, is estimated at about 196.4 million
Tunisian Dinars, or about 36.1 million Kuwaiti dinars. the Project Agreement
was signed on behalf of the Tunisian
Company of Electricity and Gas by
Mr. Tahar Laaribi, Chairman - KFAED - 13/05/13: Read More
United Arab Emirates, Dubai - Villas
Construction Contract Award - Dubai
property developer Nakheel
has awarded a Dhs106 million contract for the construction of 90 homes to United
Engineering Construction LLC (UNEC).
The project will be within the developer’s Jumeirah Village Circle community.
Work is expected to start immediately with an estimated completion date at the
end of 2014 - Gulf Business 05/12/13: Read More
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Global Economic or Market Comments
2013 World Development Indicators
Released - The 2013 edition of World Development Indicators (WDI), released
today, includes the latest available data on global development, poverty, the
quality of people's lives, the environment, the economy, the functioning of
states and markets, and global links of finance, trade, and migration - World
Bank 04/18/13: Read
More ---- Access Report by Individual Components: World Development Indicators 2013
Egypt, Bulgaria & Algeria -
Natural Gas Production Expansion Financing - IFC, a member of the World Bank
Group, is financing Petroceltic
International to expand the company’s operations in Egypt, Bulgaria, and
Algeria to promote the development of cleaner-burning natural gas for domestic
use and export. IFC is co-lead arranger, along with HSBC, for a debt facility
of up to $500 million to fund Petroceltic’s investment program to expand
production in Egypt and Bulgaria, and support the company’s forthcoming
development work in Algeria. IFC is providing a $100 million loan for its own
account along with up to $400 million from commercial banks – IFC 04/15/13: Read
More
Energy for All by 2030: Time to Act
- World Bank Group President and UN Secretary General emphasize the power of
collective action to provide energy for all by 2030 - World Bank 04/22/13: Read
More
Global Development Information
Sharing Agreement - International Financial Institutions Agree to Share Data to
Improve Development Outcomes and Lay the Groundwork for the Post-2015
Development Agenda. Leaders of six multilateral financial institutions, met in
Washington on 19 April 2013 to discuss the Millennium
Development Goals (MDGs). Leaders of the African Development Bank, Asian
Development Bank, Inter-American Development Bank, International Monetary Fund,
Islamic Development Bank, the United Nations, and World Bank Group signed a
Memorandum of Understanding (MoU) to collaborate in strengthening statistical
capacity in member countries and to facilitate the sharing of data, tools,
standards, and analysis to improve statistics for monitoring development
outcomes. The European Investment Bank and the European Bank for Reconstruction
and Development offered their full support for the goals of the MoU and will
contribute to the post 2015 development agenda in their areas of expertise -
ADB 21/04/13: Read
More
Global Sanitation Confronted by the
World Bank - One out of every three people in the world today have no toilet,
the World Bank said today. Economic
losses from lack of access to sanitation, amount to an estimated US$260 billion
annually, more than the entire gross domestic product of Chile. “We support the
effort for access to proper sanitation by 2025 for everyone," Kim
said. “We can achieve this goal and
transform the lives of billions of people over the next several years. It will take real commitment and action from
the heads of state of our client countries, as well as collaboration with all
of our partners in civil society and the private sector. We can do this.” The announcement coincides
with a World Bank-IMF Spring meetings side event on Investing in Sanitation
and on the heels of a call by Deputy Secretary-General of the UN Jan Eliasson
last month to end open defecation by 2025 - World Bank 04/19/13: Read
Action Plan
2. North America
All United States - Commentary on
Current Economic Conditions by Federal Reserve District - Reports from the
twelve Federal Reserve Districts suggest overall economic activity expanded at
a moderate pace during the reporting period from late February to early April.
Activity in the Cleveland, Richmond, St. Louis, Minneapolis, and Kansas City
Districts was characterized as growing at a moderate pace, while the Boston,
Philadelphia, Atlanta, Chicago, and San Francisco Districts noted modest
growth. The New York and Dallas Districts indicated that the pace of expansion
accelerated slightly since the previous Beige Book - Beige Book 04/17/13: Read
Summary ---- Download 49 page PDF Report: Current
Economic Conditions April 17, 2013
All United States - Water
Infrastructure Bill Heading to Senate Floor - The Water Resources Development
Act (WRDA) of 2013 (S. 601) is expected to hit the U.S. Senate floor this week.
Despite breezing through committee by a unanimous vote, the legislation may
face opposition by lawmakers who do not understand the value of water
infrastructure investment and those wishing to tack on non-germane amendments.
According to a Congressional Budget Office (CBO) cost estimate, over the next
five years the government would appropriate approximately $3.4 billion for
water resource projects like inland waterway and watershed management,
including the construction of locks and dams. The bill would inject $443
million during that time for the development of a levee safety program to
strengthen the country’s flood preparedness in the case of natural disasters.
The CBO also concluded WRDA would invest $235 million through 2018 to implement
provisions related to harbor maintenance. Visit AEDaction.org
today to press your lawmakers to invest in our nation’s crumbling water
infrastructure - AED 05/06/13: Read More
All United States to Dubai, UAE -
Export Financing Support MOU - Fred P. Hochberg, chairman and president of the
Export-Import Bank of the United States (Ex-Im Bank), and Hani Rashid Al Hamli,
secretary general of the Dubai Economic
Council (DEC), inked a $5 billion memorandum of understanding (MOU)
Thursday at Ex-Im Bank’s 38th Annual Conference here. According to the
agreement, “DEC and Ex-Im Bank anticipate that as much as $5 billion in
export-credit support may be approved to finance DEC’s members’ and customers’
procurement of U.S. goods and services for a variety of Dubai infrastructure
projects. ”Potential areas of cooperation include, but are not limited to,
air-traffic control and airport infrastructure; railway, urban-metro, and
port-development projects; power generation; oil, gas, and petrochemical
projects; and water-treatment projects - Ex-Im Bank 04/10/13: Read
More
Alaska, Kenai Peninsula Borough - Assembly
Approves Generator Purchase - Two ordinances were up for public hearing, both
passing with unanimous consent. One accepted funds from the state Homeland
Security and Emergency Management to purchase a portable generator for the
borough and the other confirmed the assessment roll for the Anchor View Utility
Special Assessment District for their upcoming gas hookups - The Seaward
Phoenix Log 04/11/13: Read
More
Arkansas to Rwanda, Africa - Coffee
Industry Equipment Export Support - An Arkansas small business is modernizing
virtually every aspect of Rwanda’s coffee industry – upgrading technology, increasing production, converting waste to biofuel, raising wages and gaining access to global markets – with the support
of $19.4 million in political risk insurance from the Overseas Private
Investment Corporation (OPIC), the U.S. Government’s development finance
institution. The Rwanda
Trading Company (RTC), a subsidiary of Arkansas’ Westrock Coffee Holdings, is using the OPIC
insurance to cover its investment in a coffee milling and processing facility
in Kigali, with coffee washing stations located across the country - OPIC
04/25/13: Read
More
AZ, Davis-Monthan Air Force Base -
16 MW Solar Construction Park Funding - The North
American Development Bank (NADB) and SunEdison
LLC closed a US$35 million loan for the construction of a 16 megawatt (DC)
solar park at Davis-Monthan Air Force Base (DMAFB), southeast of Tucson,
Arizona - The Wall Street Journal/Market Watch/Business Wire 04/10/13: Read
More
CA, Brawley - 5 MW Solar Park
Construction Funding - The North American
Development Bank (NADB) and NRG Solar
LLC announce the signing of a $19.2 million loan for the construction of a
5-MWAC solar park to be located at the San
Diego State University (SDSU) Imperial Valley Campus in Brawley,
California. The Imperial Irrigation District (IID), a State of California
irrigation district and a publicly-owned utility, will purchase the electricity
generated by the project under a 25-year term Power Purchase Agreement - NADB
04/02/13: Read
More
CA, San Clemente - Generator
Purchase Approved - The San Clemente City Council, Tuesday, May 7 at 6 p.m.
approved the purchase of an emergency generator for the Police Services
building for $58,000 - Kitsap Sun 05/06/13: Read
of Other Orange County Municipals Actions
Canada, AB, Edmonton Region to
Hardisty - Oil Pipeline Construction Plans - TransCanada Corp. plans to spend
$900 million on a new pipeline connecting two Alberta oil hubs as well as a
1.9-million-barrel terminal in an industrial area north of Edmonton. The
Heartland pipeline will run 200 kilometres between the Edmonton region and
Hardisty, the start point of its Keystone system - Edmonton Journal 04/26/13: Read
More
Canada, Labrador - Iron Ore EPCM
Contract - Alderon Iron Ore Corp.
of Vancouver has awarded the engineering, procurement and construction
management contract for its Kami iron ore project near Wabush to Worley Parsons Canada.
The contract is estimated to be worth $92.5 million - Canadian Mining Journal
13/05/06: Read
More
Canada, NS, Halifax - Health Center
Generator Funding - Nova Scotia's district health authorities and the IWK
routinely submitted a list of infrastructure needs in November for the 2013-14
fiscal year. At that time, the department received the IWK's
request for funds for a new generator, Health and Wellness Minister David
Wilson said. The current generator, which is the size of a half-ton truck, is
35 years old and has had problems over the past year. A request for proposals
will be issued for the new generator, including installation - Halifax News Net
04/19/13: Read
More
Canada, ON, Meaford - Sewage Plant
Generator Purchase Approved - Meaford is in need of a new generator for their
Sewage Treatment Plant. During a routine test, the 35-year old machine failed
to perform up to standards. Meaford's Director of Operations, Steven Vokes,
tells Bayshore Broadcasting News the replacement will cost approximately
198-thousand dollars. Council approved the purchase at a recent meeting -
Bayshore Broadcasting 04/22/13: Read More
FL, Auburndale - 2 Billion Citrus
Production Investment - Commissioner of Agriculture Adam H. Putnam and The Coca-Cola
Company announced today a $2 billion investment in Florida’s citrus
industry. Partnering with Cutrale
Citrus Juices and Peace
River Citrus Products, Coca-Cola’s investment will enable the growers to
plant 25,000 acres of orange trees - Fresh from Florida 05/07/13: Read
More
FL, Lee County, Estero - Hertz
Announces Corporate Headquarters Relocation - The Hertz Corporation (NYSE: HTZ)
today announced that the company will relocate its worldwide headquarters to
Estero, Florida (Lee County, near Bonita Springs and Fort Myers) from Park
Ridge, New Jersey. Hertz made the decision following its recent acquisition of
the Dollar Thrifty Automotive Group, which was finalized on November 19, 2012 -
Hertz 05/07/13: Read
Details
FL, Miami - 44 Story Highrise
Condominium Construction to Start - Miami developer Alan Ojeda’s Rilea Group expects to begin construction
at 1080 Brickell Ave. as early as August on a 44-story, 323-unit luxury
condominium called The Bond - Miami Herald 05/06/13: Read
More
IA, Altoona - Facebook Data Center
Construction Plans - Facebook
is planning to build a $1 billion data center project in Altoona, Iowa, that
will cover 1.4 million square feet and serve as what the company says will be
“the most advanced data center in the world - TechCrunch 04/22/13: Read
More
LA, New Orleans - Canal Closures
& Pump Stations Construction Contract Approved - The Army Corps of
Engineers has approved the start of construction of the $614.8 million permanent
canal closures and pump stations at the mouths of the 17th Street, Orleans
Avenue and London Avenue canals in New Orleans. The corps released several
renderings provided by PCCP
Constructors that show how the structures will look and their proposed
locations at the canal entrances to Lake Pontchartrain. Construction is
expected to begin this fall by the joint venture, whose partners include Kiewit Louisiana Co., Traylor Bros. Inc., and the M. R. Pittman Group LLC - The
Times-Picayune 05/06/13: Read
Details
LA, Waggaman - Ammonia Plant (EPC) Engineering, Procurement &
Construction Contract - KBR (NYSE: KBR) today
announced it has been awarded a contract by Incitec Pivot Limited's US
business, Dyno Nobel, to provide
engineering, procurement and construction (EPC) services, as well as technology
licensing and equipment for an ammonia plant to be built in Waggaman, La. The
contract award is valued at approximately $600 million. This award also builds
upon KBR's portfolio of solid construction execution, positioning KBR to
capitalize on the rapidly increasing shale gas market in North America - The
Wall Street Journal 04/17/13: Read
More
MD, Baltimore - Sewer System Upgrade
Consultant Contracts - The Rawlings-Blake administration won approval to pay
$27 million to three consulting companies to help manage city sewer projects,
as the head of the agency that sought the contracts broke a tie vote at today’s
Board of Estimates meeting - Baltimore Brew 05/01/13: Read
More
MD, Lusby - LNG Facility (EPC)
Engineering, Procurement & Construction Contract - Dominion Resources, Inc. and a joint venture
comprised of IHI E&C International Corporation, a wholly owned subsidiary
of IHI Corporation (TSE: 7013), and Kiewit
Energy Company, have entered into an engineering, procurement and
construction (EPC) contract to develop the Cove Point liquefied natural gas
(LNG) facility located on the Chesapeake Bay in Lusby, Maryland - Your Project
News 04/02/13: Read
More
MI, Midland County, Hope Township -
Water Construction Project Funding & Groundbreaking - U.S. Dept. of
Agriculture Rural Development State Director for Michigan James J. Turner will
attend a groundbreaking for Hope Township’s water project in Midland County at
11:30 a.m. on Tuesday, April 30 at Hope Township Hall, 5244 N. Hope Road, in
Hope. USDA Rural Development provided a $7,600,000 loan and a $1,200,000 grant
- USDA 04/26/13: Read
More
MT, Helena - Airport Lighting
Contract & Generator Purchase Plans - Improvements to runway lights and
signs at Helena Regional Airport are scheduled to begin in June. Airport
Authority members recently accepted the low bid of $1,102,944 from Pavlik Electric Co.
of Missoula, which was far below what was anticipated in mid-January to be in
the range of $1.7 million. The Airport Authority had budgeted about $1.9
million for the project. A standby generator ranks high on the airport’s
priority list, he added, and said it would fit with what the FAA feels are
high-priority needs for an airport. A generator with the expenses to install it
could be close to $100,000 - Independent Record/Helena Air 04/26/13: Read
More
NY & NJ - $3 Billion in Bridge
Construction Contracts Awarded - Calling it a historic day in the bi-state
agency's history, Port Authority officials today awarded nearly $3 billion in
construction contracts to replace and refurbish the three bridges that link New
Jersey and Staten Island. The Goethals Bridge contract was awarded to a
consortium known as NYNJ
Link Partnership ( Kiewit Infrastructure
Co, Macquarie
Infrastructure and Real Assets, Inc., Parsons
Transportation Group of New York, Inc., Transfield
Services North America, Transportation Infrastructure Weeks Marine, Inc.)
as part of a public private partnership . For the Bayonne Bridge project, the
Port Authority awarded a $743 million to a partnership between Skanska Koch
Inc. and Kiewit Infrastructure Company - The Star Ledger 04/24/13: Read
More
NY, New York from Québec - 1000 MW
Transmission Line Construction Plans Approved - The New York Public Service
Commission on Thursday approved a plan to build the Champlain Hudson
transmission line, which will be capable of moving 1,000 megawatts of
hydropower from Québec to New York City. The project will create an average of
more than 300 jobs during the 3-1/2-year construction period and cost an
estimated $2.2 billion, Transmission
Developers Inc., a privately held unit of Blackstone Group LP, said on its
website - Reuters/Yahoo 04/18/13: Read
More
TX, Pasadena - Cogeneration Plant
(EPC) Engineering, Procurement & Construction Contract - Abengoa (MCE: ABG.B), the
company that applies innovative technology solutions for sustainable
development in the energy and environment sectors, has been selected by Rentech Nitrogen Partners, L.P.
(NYSE: RNF) to construct a cogeneration plant in the state of Texas. The
project will require an investment of approximately US$30 million and will
create approximately 50 construction jobs - Biz Journals/PR Newswire 04/29/13: Read
More
UT, Uintah County - Crude Oil
Up-Grade Facility (EPC) Engineering, Procurement & Construction Contract - International
Alliance Group (IAG) announced today it has been selected by Uintah
Partners, LLC to provide engineering, procurement and construction services
for the Uintah Gateway Project to be built in Uintah County, Utah. Phase 1 of
the project, estimated at approximately $900 million, will include a 40,000
barrel per day Upgrading Facility to process Uinta Basin Black and Yellow Wax
Crudes to produce a slate of pipeline quality synthetic crudes and blend stocks
- The Wall Street Journal 04/23/13: Read
More
3. Latin America & Caribbean
All Latin America & Caribbean - Providing
Credit to Latin America’s “Missing Middle” - There are approximately 34 million
businesses in Latin America and the Caribbean, most of them small, informal,
and with limited access to credit. Since they are unable to provide collateral,
a reliable financial history, or accounting information, these businesses
cannot meet the financial information requirements of commercial banks to
obtain loans to improve and expand their operations. To try to reverse this
situation, the IDB in 2012 approved a pioneering facility to support adoption
of an alternative credit scoring methodology that could be a game-changer for
these businesses, often referred to as the region’s “missing middle.” The
methodology, which is called psychometric testing, is a tool that has been
successfully used by human resources departments for pre-employment screening
for several years. More recently it has been adapted to help financial
intermediaries assess the creditworthiness of potential borrowers - IDB
04/30/13: Read
More
All Latin America to Spain -
Import-Export Financing by CAF - CAF – Development
Bank of Latin America and the Instituto de Crédito
Oficial (ICO) signed an agreement today for a US$300 million credit for use
in financing and guarantees at Spanish and Latin American companies - CAF
10/04/13: Read
Details
Argentina, Norte Grande Region -
Infrastructure Development Financing Approved - The Inter-American Development
Bank (IDB) approved a $250 million loan for a program to increase coverage of
basic services in Argentina’s less developed municipalities, with emphasis on
the poorest areas of the Norte Grande region. The Municipal
Investment Program seeks to provide large low-income populations with
infrastructure and public services in such sectors as water and sanitation,
roads, street lighting, drainage, green spaces, community facilities, and
strengthening of neighborhoods - IDB 04/11/13: Read
More
Brazil, Pará - School Construction
Investment - The Brazilian state of Pará will receive significant support from
the Inter-American Development Bank (IDB) to improve access to quality basic
education, the IDB announced today. The Bank has approved a loan of over $200
million that will fund school construction, remedial education, teacher
training, evaluation and monitoring systems among other projects - IDB
02/05/13: Read
More
Brazil, Pernambuco - Cold Storage
& Warehouse Expansion Financing Approved - The Banco Nacional de
Desenvolvimento Economico e Social (BNDES) approved financing of U.S. $ 156.2
million to JSL S / A, Group Simpar. The funds represent 79.7% of investments in
transferring dry port, expansion of warehouses, distribution centers reform,
modernization of the administrative structure and social development projects.
In Pernambuco, the dry port of Recife JSL will be transferred to Cabo de Santo
Agostinho, in the vicinity of the port of Suape, which will have 33,500 m². The
dry cargo warehouse and cold storage of Schio, another Group company Simpar in
Cabo de Santo Agostinho, will be expanded. O Banco Nacional de Desenvolvimento
Econômico e Social (BNDES) aprovou financiamento de R$ 156,2 milhões à JSL S/A,
do Grupo Simpar. Os recursos correspondem a 79,7% dos investimentos em
transferência de porto seco, ampliação de armazéns, reforma de centros de
distribuição, modernização da estrutura administrativa e desenvolvimento de
projetos sociais. Em Pernambuco, o porto seco da JSL será transferido do Recife
para o Cabo de Santo Agostinho, no entorno do porto de Suape, onde terá 33,5
mil m². O armazém de carga seca e a câmara frigorífica da Schio, outra empresa
do Grupo Simpar, no Cabo de Santo Agostinho - BNDES 02/05/13: Leia
mais em Português
Brazil, Rio de Janeiro - Hotel
Construction & Expansion Financing - IFC (International Finance
Corporation), a member of the World Bank Group, has become an anchor investor
in BHG SA-Brazil Hospitality Group (BM &
FBovespa: BHGR3; OTC: BZHGY) through investment in shares worth $ 25 million
during the successful public offering of approximately $ 200 million. IFC's
investment will support the expansion of hotel operations of BHG in cities with
pent-up demand in Brazil, including in the North and Northeast where the demand
for business tourism is growing. The investment will help create approximately
4,500 direct jobs during construction and approximately 2,500 permanent direct
jobs when the new hotels coming into operation. ---- A IFC (International
Finance Corporation), membro do Grupo do Banco Mundial, tornou-se um investidor
âncora na BHG S.A.- Brazil Hospitality Group
(BM&FBovespa: BHGR3; OTC: BZHGY ) por meio do investimento em ações no
valor de US$25 milhões durante a bem-sucedida oferta pública de aproximadamente
US$200 milhões - IFC 06/05/13: Leia
mais em Português
Colombia; Barranquilla, Bucaramanga,
Manizales & Pereira - IDB Plans for Urban Growth - The Inter-American
Development Bank (IDB) today announced the completion of action plans for the
Colombian cities of Barranquilla, Bucaramanga, Manizales, and Pereira,
providing them with powerful tools to prioritize their investments over the
next decade. The action plans provide preliminary estimates that the four
Colombian cities require $2.2 billion in investments in areas such as urban
development of socially vulnerable areas, expansion of public transport systems
and provision of exclusive lanes for pedestrians and bicycles, renovation of
historic centers, public safety, and strengthened fiscal management - IDB
05/02/13: Read
More ---- Access
Available IDB, PDF Action Plan Files for Latin America & Caribbean
Countries
Colombia - (SME) Small, Medium Size
Enterprise Financing - IFC, a member of
the World Bank Group, is partnering with Grupo
Factoring de Occidente (GFO) to diversify its funding sources and increase
its ability to finance small and medium enterprises, which are essential to
Colombia’s economic growth and job creation. IFC is providing a US$5 million
loan to GFO, an important player in the Colombian factoring sector, which
focuses on providing liquidity to small and mid-sized businesses that are
underserved by financial institutions. GFO currently serves more than 2,200
SMEs in 32 municipalities - IFC 04/17/13: Read
More ---- Lea
Más en Español
Dominican Republic - European Investment Bank in
the Caribbean will move to the Dominican Republic - The host country
agreement was signed in Brussels today by Ambassador Alejandro Gonzalez Pons on
behalf of the Government of the Dominican Republic and Pim van Ballekom,
European Investment Bank Vice President responsible for lending in the
Caribbean. The new office will be located with the European Union Delegation in
Santo Domingo, providing better access to the Caribbean and is expected to open
later this year - EIB 18/04/13: Read
More
Haiti, Port-au-Prince - Highway
Interchange Construction to Start - Wednesday during the last Council of
Ministers, Jacques Rousseau, Minister of Public Works, Transport and
Communication (MTPTC) announced that the construction of two interchanges
raised in the Commons Delmas and Carrefour, will be launched during the month
of April ---- Mercredi, au cours du dernier Conseil des Ministres, Jacques
Rousseau, le Ministre des Travaux Publics Transport et Communication (MTPTC) a
annoncé que la construction de deux échangeurs routiers surélevés, dans les
Communes de Delmas et Carrefour, sera lancé au courant du mois d’avril - Haïti
Libre 08/04/13: Lire
la Suite en Français
Mexico, Hidalgo, Tula - Refinery
Construction Contracts - Pemex
estimated that construction of the new refinery in Tula, Hidalgo, ending in
late 2018. In its annual report sent to the Mexican Stock Exchange, the
parastatal said that investment in the project will be 11 thousand 610 million
dollars. There are ten contracts with seven companies for various services: ICA Fluor
Daniel will provide engineering and management services for the first phase
of construction; Axens North America,
plant engineering and gas desulphuring crude processing capacity, and services
will Jacobs Nederland engineering and management for a sulfur recovery plant.
---- Petróleos
Mexicanos estima que la construcción de la nueva refinería en Tula,
Hidalgo, concluirá hacia finales de 2018. En su informe anual enviado a la
Bolsa Mexicana de Valores, la paraestatal señala que la inversión en el
proyecto será de 11 mil 610 millones de dólares. Son diez contratos con siete
empresas para diversos servicios: ICA Fluor
Daniel proveerá servicios de ingeniería y administración para la primera
fase de construcción; Axens North América,
ingeniería para una planta hidrodesulfuradora de gas y crudo con una capacidad
de procesamiento; y Jacobs Nederland dará servicios de ingeniería y
administración para una planta recuperadora de azufre - CMIC 03/05/13: Lea Más
en Español
Mexico, Tamaulipas - Port
Infrastructure Investment - Tamaulipas invest $ 5.500 million to strengthen
port infrastructure ---- Tamaulipas invertirá $5,500 millones en fortalecer
infraestructura portuaria - CMIC 03/05/13: Lea Más
en Español
Mexico, Tamaulipas, Altamira - Titanium
Dioxide Train Construction Contract - ICA
Fluor, the industrial construction joint venture of Empresas ICA, S.A.B. de
C.V. (BMV:ICA) (NYSE:ICA) and Fluor
Corporation (NYSE:FLR), announced today a new contract award for the
construction of a new titanium dioxide train to be built in DuPont's complex
located in Altamira, Tamaulipas on the Gulf of Mexico. ICA's proportional share
of the contract, US$ 65 million - Globe Newswire 04/29/13: Read
More
Mexico, Tlalpan - Water
Infrastructure Funding - Allocated 40 million pesos to the revival of water
infrastructure in Tlalpan ---- Destinarán 40 mdp a la reactivación de la
infraestructura hidráulica en Tlalpan - CMIC 06/05/13: Lea Más
en Español
Peru, Cajabamba - Switchyard &
Electrical Facilities Construction Permit Approved - Sulliden Gold Corporation Ltd. receives
approval of its environmental impact study ("DIA") and obtains a
construction permit for the switchyard and electrical facilities from the
Ministry of Energy and Mines of Peru. With the approval granted and the permit
in place, the Company will move forward with the construction of the electrical
project - CNW 04/16/13: Read
More
Trinidad, La Brea, Union Estate -
Methanol & Di-Methyl Ether Complex Construction Contract - The National Energy Corporation and Caribbean Gas
Chemical Limited (CGCL) will on Monday sign a Project Development
Agreement for construction of a US $850
million methanol and di-methyl ether complex at Union Estate in La Brea. This
has been confirmed by both the NEC and the President and Group CEO of Neal and Massy Holdings Limited
Gervase Warner. Neal and Massy is a
shareholder in a consortium led by Japan’s Mitsubushi Corporation and this
is a major step forward in the development of the project - Guardian 04/06/13: Read
More
4. Asia & Oceania
All Pacific Islands - New Office to
Improve Pacific Infrastructure Formed - A partnership of government and
international development agencies announced the establishment of the Pacific Region Infrastructure Facility
(PRIF) Coordination Office, which will assist in improving infrastructure
and services in Pacific island countries. PRIF partners consist of the Asian
Development Bank (ADB), Australia, New Zealand, the World Bank Group, the
European Commission, and European Investment Bank. The office will be funded by
grants from the Governments of Australia and New Zealand and the ADB, with
Australia providing $8.9 million, New Zealand funding $2.4 million, and ADB
providing $500,000 through its Technical Assistance Special Fund. ADB will
administer the grants and will host the PRIF Coordination Office in Sydney,
Australia - ADB 02/04/13: Read
More
ASEAN Member Countries -
Infrastructure Financing Set to Begin - The ASEAN Infrastructure Fund Limited
(AIF) is set to begin its lending operations in the second half of 2013, with a
pipeline of around $1 billion in projects for the next three years - ADB
01/05/13: Read
More ---- See
Member State Details & Access Websites of Each Member State
China - Small & Medium Sized
Cities, Landfill Energy Development Financing Available - The Asian Development
Bank (ADB) for Green Power Environmental Protection Group Co., Ltd. to provide
a loan of 200 million U.S. dollars to help small and medium-sized cities in
China, the mountains of garbage into a steady stream of renewable energy. The
loan agreement was signed today in Beijing. ---- 亚洲开发银行(亚行)为绿色动力环保集团股份有限公司提供2亿美元贷款,帮助中国中小城市将堆积如山的生活垃圾转变为源源不断的可再生能源。贷款协议今天在北京签订。亚洲开发银行(亚行)为绿色动力环保集团股份有限公司提供2亿美元贷款,帮助中国中小城市将堆积如山的生活垃圾转变为源源不断的可再生能源。贷款协议今天在北京签订。ADB 13/04/12: 读更多用中文 ---- ADB 12/04/13: Read
Full Article in English
India - Economic Outlook by World
Bank - India is regaining economic
momentum and growth is expected to recover gradually to its high long-term
potential, says the latest India Development Update of the World Bank.
According to the Update, a twice-yearly report on the Indian economy and its
prospects, economic growth is likely to accelerate to over 6.0% during the
current financial year (April 2013-March 2014). Growth is expected to increase
further to 6.7% in FY 2015 - World Bank 04/30/13: Read
More ---- Download 25 page, PDF Full Report:
India Development Update, April 2013
India - Hydro-Power & Wind Power
Development Investment - The Asian Development Bank (ADB) is investing $30
million equity in NSL Renewable Power Private Ltd. (NRPPL), a leading renewable
energy company in India, to support hydropower and wind power projects that
will generate 530 gigawatt-hours every year ADB 01/05/13: Read
More
India - (SME) Small, Medium Size
Enterprise Financing - IFC, a member of the World Bank Group, has made an
equity investment of $22 million in Ratnakar
Bank to support financial inclusion and increase financing to agri-based
businesses and micro, small and medium enterprises - IFC 04/11/13: Read
More
Kazakhstan - Cold Chain Expansion
Financing Approved - Local dairy and fruit farmers in Kazakhstan are expected
to secure long-term supply contracts from the country’s leading beverage
company as it expands production facilities and improves its delivery system
through financial assistance from the Asian Development Bank (ADB). The $40.2 million
loan to RG Brands Group – one of the
leading producers of milk, juice, and tea in Kazakhstan – will fund its capital
expenditures from 2013 to 2015 to expand its milk and juice production
facilities as well as purchase coolers and delivery trucks - ADB 22/04/13: Read
More
Kazakhstan - Railway Automated
Control System Investment Financing - Today Eurasian Development Bank (EDB) and
Transtelecom, a
subsidiary of Kazakhstan Temir Zholy (KTZ),
signed a loan agreement pursuant to which EDB will finance an investment
project titled Energodispetcherksaya Tyagi in Russian. In accordance with the
agreement EDB will provide a 7.5-year loan facility for Transtelecom for a
total of KZT 17.5 billion. The overall project value is KZT 25.5 billion. The
project will develop and launch an automated system for the control of power
and fuel consumption in rail operations - EDB 02/04/13: Read
More
Kazakhstan, Shymkent - Wastewater
Treatment Plant Modernisation Financing - The European Bank for Reconstruction
and Development is increasing the amount of financing for modernisation of the
wastewater treatment facilities in the city of Shymkent, in southern
Kazakhstan. The new €10.3 million loan will be added to an earlier financing of
€13.6 million to Vodnye Resursy Marketing, a private water utility company in
Shymkent - EBRD 09/04/13: Read
More
Kazakhstan, Yereimentau - 45 MW Wind
Power Plant Construction Financing - Eurasian Development Bank (EDB) signed
today an agreement with Kazakhstan’s First
Wind Power Station LLP (Samruk Energy
group of companies) on the provision of a ten-year loan facility for a
total of KZT 14.2 billion (about US $94 million). The project will construct
the first wind power plant in the town of Yereimentau in Kazakhstan’s Akmola
Region with a capacity of 45 MW - EDB 30/04/13: Read
More
Papua New Guinea, Port Moresby -
Electrical Power Expansion Financing Approved -
The Asian Development Bank (ADB) and Government of Papua New Guinea
(PNG) have today signed two loans that will help boost electricity access rates
in Port Moresby to 74% and extend the city’s power grid to an estimated 3,000
low-income households. The $66.7 million loans will also help maximize and
improve the use of hydropower by upgrading and rehabilitating two hydropower
plants currently generating electricity for Port Moresby - ADB 01/05/13: Read
More
Philippines, Burgos - 87MW Wind
Power Project Groundbreaking - Energy Development
Corporation (EDC) has recently concluded the groundbreaking ceremony for
their 87-MW Burgos Wind Project (BWP) following its announcement of the signed
deal with leading wind turbine supplier Vestas
last March 1, 2013 - EDC 04/17/13: Read
More
Tajikistan, Khujand - Airport Runway
Lighting & Control Equipment Construction Financing - EBRD lends Khujand
International Airport USD $3 million for urgent modernisation of runway and
control equipment - EBRD 22/04/13: Read More
Thailand, Nakhon Pathom & Suphan
Buri - 57 MW Solar Project Construction Financing - The Asian Development Bank
(ADB) financial support of 85 million U.S. dollars. For the construction of
three solar power plants in central Thailand. Under the plan, a joint venture
between the public and private sectors. It has a total capacity of 57 MW power
purchase agreement. ---- ธนาคารพัฒนาเอเชีย (เอดีบี) สนับสนุนเงินกู้จำนวน
85 ล้านเหรียญสหรัฐฯ สำหรับการก่อสร้างโรงไฟฟ้าพลังแสงอาทิตย์ 3 แห่ง ในภาคกลางของประเทศไทย ภายใต้แผนงานการร่วมลงทุนระหว่างภาครัฐและเอกชน โดยจะมีกำลังการผลิตตามสัญญาซื้อขายไฟฟ้ารวม 57 เมกะวัตต์ - ADB 12/04/13:
ภาษาไทย
Turkey, Etlik - Hospital
Construction Financing - The EBRD is considering a hospital infrastructure PPP
project involving the design, construction, equipping, financing, and
maintenance of an integrated health campus in Etlik, Turkey, pursuant to a 28.5
years concession awarded by Turkey’s
Ministry of Health. Under this PPP structure, the Concessionaire will
supply and maintain the hospital facilities, while the provision of medical
care and services will remain the responsibility of the Ministry of
Health. Total Project Costs are
estimated at CA. EUR 1 billion - EBRD 03/05/13: Read More
Turkey, Sinop - Nuclear Power Plant
Construction Contract - A Japanese-French consortium has won a $22 billion
dollar contract to build a nuclear power plant on Turkey's Black Sea coast, a
senior energy ministry official said on Thursday. Mitsubishi Heavy Industries and the French Group Areva would lead the consortium
chosen to build the nuclear plant - Global Post 05/02/13: Read
Details
Vietnam, Da Nang - Wastewater
Improvement Project Funding - The World Bank's Board of Executive Directors
today approved the following project. IDA Credit: USD $202.5 million. Project
Description: The objective of the project is to expand access of city residents
to improved drainage, wastewater collection and treatment services, the
arterial road network, and public transport in selected areas of Da Nang city -
World Bank 04/26/13: Read
More ---- Project ID: P123384
Details & Access Documents – More Information on the approved US$ 202.5
million credit to support the sustainable development of Da Nang City, Vietnam
- World Bank 04/26/13: Read
More
5. Europe
Archipelago of the Azores -
Geothermal Energy, Electricity Transmission, Oil-Fired Generation &
Distribution Funding - The European Investment Bank (EIB) is providing a first
tranche of EUR 50 million - out of EUR 72,5 million loan - to Electricidade dos Açores S.A. (EDA) in support of
the company’s 2011-2016 investment programme. The project will cover
investments in the areas of geothermal energy, electricity transmission and
distribution and oil-fired generation in the nine islands of the Azores
archipelago and will result in the addition of approximately 15,5 MW of
generating capacity and the implementation of approximately 200 transmission
and distribution schemes - EIB 29/04/13: Read
More
Bosnia & Herzegovina -
Hypermarkets & Cold Storage Expansion Financing - The EBRD is supporting
the expansion of Bingo, a local
retailer in Bosnia and Herzegovina, with a €17 million loan which will be
invested to strengthen and increase the company’s market position. The EBRD
funds will be used to finance two hypermarkets in Sarajevo and one in Banja
Luka as well as the construction of energy-efficient cooling chambers in Mostar
to set up a local fruit and vegetable supply chain - EBRD 18/04/13: Read More
Bulgaria - (SME) Small, Medium Size
Enterprise Financing - The European Bank for Reconstruction and Development
(“EBRD”) is deepening its cooperation with the Société
Générale Group in Bulgaria by providing a financing package of up to €85
million. A loan of up to €75 million, structured in three tranches, is extended
to Société Générale Expressbank AD. The funds will be provided under a
Partnership for Growth programme and will support the bank’s strategic objectives
over the next three years for continued strong lending across customer segments
with a particular focus on SMEs - EBRD 30/04/13: Read
More
France to Italy - Fréjus Trans-European
Tunnel Expansion Funding - The European Investment Bank (EIB) has made a
tangible commitment to the cross-border Fréjus Tunnel project in the form of a
EUR 120m loan. Fulfilling a dual performance and safety objective, this is a
key financing operation for the trans-European road network. It will enable a second carriageway, i.e. a
safety tunnel, to be built alongside the existing Fréjus Tunnel connecting
Piedmont to Savoie so that traffic can flow on a single lane in one direction
in each tunnel, while the second lane is used as an emergency lane - EIB
08/04/13: Read
More
Georgia, Tbilisi - University
Renovation Funding - With support from a $3.5 million OPIC loan, the new Georgian-American University campus is being
completely renovated to help expand and improve its education programs and
resources for students. This will be the first permanent campus for the
university - OPIC 04/24/13: Read
More
Ireland - (SME) Small, Medium Size Enterprise
Financing - The European Investment Bank has agreed to work with Allied Irish Bank (AIB) in providing EUR 200
million for investment by small and medium companies across Ireland - EIB
29/04/13: Read
More
Poland, Gdańsk - Oil Terminal
Construction Contract - A new oil terminal in Gdansk worth over 100 million
euros will be ready by 2015. The tender for the construction of the terminal
under the EPC-contractor was won by the Polish-Slovak-Ukrainian consortium led
by Polish IDS - Bud S.A..Construction work
in the port of Gdansk will begin in 2014, "- said Marcin Moskalewicz, CEO PERN Przyjazn S.A.. - Tank Terminals
04/03/13: Read
More
Poland, Stalowa Wola - Combined
Cycle Gas Turbine (CCGT) Power Plant Construction Financing Approved - The
European Bank for Reconstruction and Development (EBRD) is supporting the modernisation
of the Polish power sector with a long term senior loan of up to PLN 283
million (€69 million equivalent) for the construction of a new combined cycle
gas turbine (CCGT) power plant in Stalowa Wola, a city of around 65.000
inhabitants in the South East of Poland. The project company is owned, in equal
shares, by Tauron
Wytwarzanie S.A. and PGNiG Energia
S.A., subsidiaries of the leading Polish power utility Tauron and the country’s
biggest gas company PGNiG - EBRD 29/04/13: Read More
Portugal - (SME) Small, Medium Size
Enterprise Financing - The European Investment Bank (EIB) and Millennium
bcp signed an agreement of EUR 200 million to finance small and
medium-sized projects promoted essentially by SMEs and Mid-Cap companies - EIB
30/04/13: Read
More
Russia - (SME) Small, Medium Size
Enterprise Financing - Today Eurasian Development Bank (EDB) provided to Centr-Invest Bank a
three-year non-revolving loan facility for a total of RUR 150 million to finance
small and medium-sized businesses (SMB) in Russia. The loan has been provided
in the framework of the EDB Programme for the Support and Development of Small
and Medium-Sized Businesses through the Provision of Targeted Loan Facilities
to Financial Institutions - EDB 23/04/13: Read
More
Russia, Omsk Region - Agricultural
Food Storage Construction Financing - МСП Банк (Vnesheconombank Group) financed
the modernization project for the construction of a complex for storage of food
agricultural products sold by the Company "Origins" (p. New World,
Omsk region). The total cost of the project amounted to 131.7 million rubles,
of which 90 million rubles. ---- МСП Банк (группа Внешэкономбанка)
профинансировал модернизационный проект по строительству комплекса для хранения
продовольственной продукции сельскохозяйственного назначения, реализуемого
предприятием ООО «Истоки» (с. Новый Свет, Омская область). Общая стоимость
проекта составила 131,7 млн рублей, из них 90 млн рублей - средства МСП Банка,
предоставленные субъекту МСП через АКБ «Инвестторгбанк» в рамках Программы
финансовой поддержки МСП - МСП Банк
24/04/13: Прочитайте
больше в русском
Russia, St. Petersburg - Toll Road
Construction Financing - Today the group of banks, which includes Eurasian
Development Bank (EDB), transferred the first tranche of the loan for the
public-private partnership (PPP) project to construct and operate the Western
High Speed Diameter (WHSD) toll road in St. Petersburg. EDB provided to the Northern
Capital Highway Consortium a loan of more than RUR 3 billion. The funds
will be used to finance project expenses, primarily construction costs - EDB
19/04/13: Read
More
Serbia - Road Infrastructure
Improvement Funding - The World Bank’s Board of Executive Directors today
approved a total of US$100 million to help Serbia improve road infrastructure
and road safety - World Bank 04/26/13: Read
More
Slovakia - (SME) Small, Medium Size
Enterprise Financing - The European Investment Fund (EIF), together with Slovenský záručný a rozvojový fond
s.r.o. (SZRF), have signed the first guarantee agreements with UniCredit Bank Slovakia a.s.,
Tatra banka and Slovenská záručná a rozvojová banka (SZRB) under
the Joint European Resources for Micro to Medium Enterprises (JEREMIE)
initiative, allowing the three banks to provide up to EUR 170 million of new
loans to Slovak Small and Medium-sized Enterprises (SMEs) - EIF 03/04/13: Read
More
Spain - Agricultural Food Chain,
(SME) Small, Medium Size Enterprise Financing - Minister of Agriculture, Food
and Environment, Miguel Arias Cañete, has expressed his belief that the supply
of credit from the ICO, with the endorsement of SAECA, will allow viable
entrepreneurial initiatives agri-food sector find the necessary funding. ----
El ministro de Agricultura, Alimentación y Medio Ambiente, Miguel Arias Cañete,
ha mostrado su convencimiento de que la oferta de crédito del ICO, con el aval
de SAECA, va a permitir que las iniciativas empresariales viables del sector -
ICO 25/04/13: Lea
Más en Español
Spain - (SME) Small, Medium Size
Enterprise Financing - The European Investment Bank (EIB) has signed a EUR 400
million loan agreement with Banco
Santander to finance the investment projects of SMEs and midcap companies
(with up to 3 000 employees), doubling the EUR 400 million granted by the EIB
in September 2012 to EUR 800 million. Banco Santander will match this EIB
funding with the same amount, meaning that a total EUR 1 600 million will be
pumped into financing SMEs - EIB 16/04/13: Read
More
United Kingdom, Scotland -
Construction (PBA) Project Bank Accounts - The construction industry in
Scotland is set to benefit from the use of Project Bank Accounts (PBAs) on public
sector projects which will help to speed up payments and boost cash flow
through the supply chain. Under the PBA system, which is due to be trialled
later this year, first tier sub-contractors working on Government projects will
no longer have to wait for main contractors to process their payment - H&V
News 02/05/13: Read
More
6. Middle East & Africa
Bahrain - Handi-Cap Complex,
Electrical Transmission, Housing & Highway Interchange Construction Grants
- Four Project Agreements were signed
today in Kuwait City between the Government of
Bahrain and the Kuwait Fund for Arab Economic Development in the
framework of the meeting of the Kuwaiti-Bahraini Joint Higher Committee in its
Seventh Session, whereby the Fund will allocate a Grant of US$ 1.3 billion for
the financing of the Comprehensive Handicap Complex Project, the 400 kV
Transmission Development Project, the Housing Program for the Northern City and
the City of Eastern Alhed and the Development of Sheikh Jaber Al-Ahmad Al-Sabah
(Intersection of Alba and Nuwaidrat) projects - Kuwait Fund 10/04/13: Read
Details
Benin - Energy, Infrastructure,
Transportation & Agriculture Financial Agreement - The Islamic Development
Bank (ISDB) Group signed a framework agreement with the government of Benin
that outlines the interventions of the ISDB Group in Benin for the period
2013-2016. According to the agreement signed on the occasion of the ISDB Day in
Benin chaired by H.E. Dr Thomas Yayi Boni, President of Benin, on 9 April, the
ISDB Group will assist the Government of Benin to mobilize around US$450
million to finance priority investments in the sectors of energy,
infrastructure, transport and agriculture. On the occasion, the ISDB Group also
signed two financing agreements for US$22 million to support projects in the
areas of infrastructure and agriculture. Presentations were made during the
working sessions to introduce ISDB’s financial products and to highlight the
economic opportunities in Benin. The senior officials of the ISDB Group
affiliates, namely the Islamic Corporation for the Development of the Private
Sector, the International Islamic Trade Finance Corporation and the Islamic
Corporation for the Insurance of Investment and Export Credit, held extensive
discussions with stakeholders from Benin on financing opportunities offered by
the ISDB Group to the private sector - ISDB 15/04/13: Read More
Côte d’Ivoire, Abidjan - Hotel
Construction Financing - IFC, a member of the World Bank Group, today announced
that it will provide a €6 million loan to Compagnie Hôtelière de la Lagune
S.A., the Ivorian company of the Azalai
Hotels Group. The loan will support the construction of a new business
hotel that will contribute to the revitalization of commercial infrastructure
in Abidjan - IFC 04/08/13: Read
More ---- Lire
la Suite en Français
Egypt, Western Desert - Qasr
Compression Project Consultancy for (EPC) Engineering, Procurement &
Construction Phase - Switzerland-based engineering and construction group Foster Wheeler has won a contract from Apache Khalda
Corporation to provide technical consultancy services during the engineering,
procurement and construction (EPC) phase of the Qasr Compression Project in
Egypt - Trade Arabia 04/02/13: Read More
Jordan, Aqaba & Maan District -
New LNG Port & Wind Farm Construction Funding - Today in the city of Amman,
and in the presence of His Excellency the Ambassador of Kuwait to the Hashemite
Kingdom of Jordan, Dr. Hamad Al-Duaij, two projects agreements were signed for
the financing of the Wind Farm Generation Project in Maan District and the New
LNG Port in Aqaba, within the framework of the Framework Agreement signed on
18/09/2012 between the Government of the Hashemite Kingdom of Jordan and the
Kuwait Fund for Arab Economic Development, the amount of which is U.S. $ 1.25
billion regarding the utilization of the grant allocated by the Government of
the State of Kuwait and entrusted to the Fund for its administration in the
Framework of the GCC Development Program to finance development projects in
Jordan - Kuwait Fund 05/05/13: Read
More
Kenya, Lake Turkana Region - 300 MW
Windpower Project Construction Financing Approved - The Board of Directors of
the African Development Bank (AfDB) approved €115 million in financing for a
wind power project in Kenya’s Lake Turkana region. The project will add 300MW
to power generation capacity. The group
of investors includes Kemperman Paardekooper & Partners Africa, Aldwych International Ltd.,
the Investment Fund for Developing Countries of Denmark, Norfund, and Vestas Wind Systems AS - AfDB 26/04/13: Read
More
Madagascar - Higher Education
Building & Road Construction Loan Agreements Signed - OFID has signed two
loan agreements to help strengthen Madagascar’s higher education and
transportation sectors. The agreements were signed by OFID Director-General Mr
Suleiman J. Al-Herbish and HE Hery Rajaonarimampianina, Minister of Finance and
Budget of Madagascar. The projects being supported under the loans are as
follows: National Institute for Accounting and Management Construction Project.
US$3.5 million. To construct and equip a seven-story, 6,654 m2 facility. Road
Infrastructure Rehabilitation Project. US$18 million. To improve 105 km of
roads in the Atsimo-Andrefana region, an area with high poverty levels. Also
envisaged is the reconstruction of two bridges in Befandriana (RN9) and Pomay
(RN35) and rehabilitation of social infrastructures, including 16 km of rural
roads, construction and equipping of six classrooms and the fencing of the
general education college of Mangily - OFID 04/29/13: Read
Details
Nigeria, Anambra State -
Infrastructure & Hotel Construction Funding - The Government has approved
road and hotel contracts worth about N16.5 billion to promote infrastructural
and tourism development in the state - National Daily 06/05/13: Read
Project List
Senegal - Agricultural (MSE) Micro
& Small Size Enterprise Grant Funding -
A Grant Agreement was signed today in Dakar between the Government of
the Republic of Senegal, Kuwait Fund for Arab Economic Development (Kuwait
Fund), in Its capacity as Administrator of Kuwait Goodwill Fund for the Promotion
of Food Security in Islamic Countries (Kuwait Goodwill Fund), and The Caisse Nationale Du Credit Agricole Du Senegal
(CNCAS). By virtue of the said
Agreement, Kuwait Fund will make a grant of U.S.$ 5,000,000, from the resources
of Kuwait Goodwill Fund, to the Government of the Republic of Senegal to assist
in enhancing food production in Senegal. The Grant made to the Government of
the Republic of Senegal will be used for establishing a Special Account at
CNCAS which undertakes, under the aforementioned Agreement, to utilize the said
Special Account for the purpose of funding micocredits and small loans for the
financing of small-scale farming and other small business activities and
micro-businesses for the production of food or provision of related supporting
services, including food processing, storage, marketing and other services -
Kuwait Fund 18/04/13: Read
More
Senegal, Ziguinchor to Kolda - Road
& Bridge (EPC) Engineering, Procurement & Construction Contract - Isolux Corsán has been awarded a
contract for the construction of the two sections of the 194.5 km RN6 motorway
in Senegal and the construction of the new Kolda Bridge. The project has a
budget of over €111 million and calls for the widening, improvement and
adaptation of the motorway that runs south of the Casamance River, between the
river and the Guinea Bissau border and connecting the cities of Ziguinchor and
Kolda - PR Newswire 04/04/13: Read
More
South Africa, Botswana, Namibia
& Zambia - Poultry Production Expansion Financing Approved - IFC, a member
of the World Bank Group, today announced a convertible loan of $25 million to
support poultry producer Country Bird’s
expansion in Africa. IFC’s investment will allow Country Bird to increase
production and operations; encouraging a thriving agribusiness enterprise and
creating employment opportunities in Southern Africa and beyond. With
operations including South Africa, Botswana, Namibia and Zambia, Country Bird’s business comprises poultry
breeding, broiler production, stock feed, and processing. IFC funding will
support Country Bird increase chick
production over the next three years in Zambia and Botswana, expand feed mill
capacity in Zambia, and add poultry processing facilities and two soybean
plants in South Africa - IFC 04/30/13: Read
More
South Africa, Soweto - Youth Owned
Business Financing Program - Businesses owned by youth are set to benefit from
the Industrial
Development Corporation’s (IDC) Gro-E Scheme. Under the scheme, the IDC
offers financial support to start-up businesses with the main aim of
contributing towards sustainable job creation. As part of the signing ceremony
of the Youth Employment Accord in Soweto, the IDC has earmarked R1 billion of
the remaining R6.5 billion of the Gro-E scheme to businesses owned by young
people (age less than 35) - IDC 18/04/13: Read
More
Sudan, Darfur - Reconstruction
Funding - A two-day donor conference on Sudan ended on 8 April in Doha, Qatar
with a pledge of USD 3.6 Billion. The
amount, which will be paid over six years, will be devoted mainly to the development
and reconstruction of the Darfur region. The Darfur Development Strategy (DDS),
which was the background document for the Conference, had estimated that about
USD 7.2 billion, would be required to support Darfur’s reconstruction and
development needs over the next six years. Sudan had pledged to cover USD 2.6
billion out of this amount, while donors (bilateral and multilaterals) were
expected to bridge the gap of USD 4.6 billion - AfDB 09/04/13: Read
More ---- Download 170 page, PDF File: Developing
Darfur: A Recovery & Reconstruction Strategy
Tanzania & Kenya - Road
Construction Financing Approved - The African Development Bank has approved two
loans totalling USD 232.5 million for the 157.5-kilometre road project from
Arusha to Holili in Tanzania, and Taveta to Voi in Kenya, in an effort to
reduce the cost of transport and enhance access to agricultural inputs, larger
markets and social services within the East Africa Community. Kenya will
receive USD 113.12 million of the two loans approved by the AfDB Board, while
Tanzania will be awarded USD 120 million. The Bank facility constitutes 89.1
per cent of the total project cost - AfDB 17/04/13: Read
More
Tanzania, Dar es Salaam - Road
Construction Loan Signed - Today, the Japan International Cooperation Agency
(JICA) signed a Japanese ODA loan agreement with the Government of the United
Republic of Tanzania in Dar es Salaam to provide up to 7.659 billion yen for
the Road Sector Support Project II. The project will also provide assistance
for organization strengthening at the Tanzania
National Roads Agency (TANROADS) - JICA 04/08/13: Read More
United Arab Emirates, Dubai -
Residental Villas Construction Contract - Arabtec Construction LLC, a
leading MENA construction company, has been awarded the contract for the
construction and completion of 253 residential villas at the "Casa"
project in the Arabian Ranches 2 development in Dubai. The AED 243 million project
encompasses three and four-bedroom Moroccan-style luxury villas - Arab Tech
05/05/13: Read
More
United Arab Emirates, Offshore Abu
Dhabi - SARB Full Field Development (EPC) Engineering, Procurement &
Construction Contract - Abu
Dhabi Marine Operating Company (Adma-Opco) has signed two Engineering,
Procurement & Construction (EPC) contracts valued at around $2.4 billion
for the Satah Al Razboot (SARB) Full Field Development Project with South
Korea's Hyundai Engineering & Construction
Company (HDEC) and Petrofac International,
Abu Dhabi - Emirates 24/7 04/02/14: Read
More
Zambia - Water Resource Construction
& Development Financing - The World Bank Board of Executive Directors today
approved a US$50 million IDA* credit to support the implementation of an
integrated framework for the development and management of water resources in
Zambia. The project support the Zambia Water Resources
Development Project, designed to support implementation of the country’s
2011 Water Resources Management Act. The project will finance the construction
and rehabilitation of small-scale water infrastructure, such as small dams and
gabions, establish flood-warning systems, and support capacity building to
strengthen Zambia’s water-related geographic position in the southern African
region - World Bank 04/25/13: Read
More
Zimbabwe, Zvishavane - Zimbabwe Power Company (ZPC), a ZESA unit in
charge of power generation, is planning to construct a solar powered
electricity generation plant in Zvishavane, The Financial Gazette's Companies
& Markets (C&M) has established. The US$100 million plant would harness
power from the sun to produce 100 megawatts (MW) of concentrated electricity
that would be fed into the national transmission line - All Africa 11/04/13: Read More
Good
Selling to You! David Courtney
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Note!!! --- After this post, I will
be taking a brief leave of absence from doing research and posting to my Blog.
I have several pressing projects requiring my full attention. I will let
everyone know by Email, LinkedIn Groups and Twitter when I am back up and
running. In the interim, I would suggest reviewing the archived posts located
in the RH Column of my Blog as a large number of construction projects should
still need Construction Supply Vendors and Sub-Contractors.
Scroll Down to the Critical Power Construction
Project and Market
Opportunities for Construction Equipment, Generators, Light Towers,
Sub-Contractors and Vendors within your area of interest.
You
Can Follow Engineering, Procurement, Construction (EPC) Contracts and also
Micro, Small, Medium Size Enterprise (MSME/SME) Funding to Local Country Banks.
These Banks are financing Entrepreneurs and Small Companies that previously had
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Your
Market & Project Opportunities this week may appear under: 1 Global
Economic or Market Comments (Qty. 4); 2 North America (Qty. 34); 3 Latin
America & Caribbean (Qty. 16); 4 Asia & Oceania (Qty. 32); 5 Europe
(Qty. 12); 6 Middle East & Africa (Qty. 13); Total 111 Articles
1.
Global Economic or Market Comments
2013 IT & Data Center Spending
Outlook - Worldwide IT spending is projected to total $3.8 trillion in 2013, a
4.1% increase from 2012 spending of $3.6 trillion, according to the latest
forecast by Gartner, a
research and consultancy firm. Currency effects are less pronounced this
quarter with growth in constant dollars forecast at 4% for 2013. The outlook
for 2013 for data center systems spending is forecast to grow 3.7% in 2013,
down 0.7% from Gartner's previous forecast. This reduction is largely due to
cuts to the near-term forecast for spending on external storage and the
enterprise in the economically troubled EMEA region - Economic Times 28/03/13: Read
More
BRICS Reach Deal Over Development
Bank - The BRICS grouping of emerging powers
have reached a deal to establish a development bank that would rival
Western-backed institutions. "It's done," South African Finance Minister
Pravin Gordhan said after meeting with his counterparts from Brazil, Russia,
India and China. "We made very good progress, the leaders will announce
the details," he added, just hours before the opening of a BRICS summit in
the South African port city of Durban on Tuesday. But Russian Finance Minister
Anton Siluanov said that the group's ministers were unable to agree on some of
the details of the project - Aljazeera 27/03/13: Read
More ---- Watch CCTV Video at the Summit 03/26/13: BRICS
Financial Institution Explained
Development Banks of the BRICS Sign
Cooperation Agreements - The President of the National Bank for Economic and
Social Development (BNDES), Luciano Coutinho, signed on Wednesday, 27 two
agreements that strengthen the relationship between the Brazilian bank and
development institutions of the BRICS group of countries consisting of Brazil,
Russia, India, China and South Africa Documents pave the way for collaboration
between countries in the bloc's efforts to promote a low carbon economy and to
the development of infrastructure in Africa. agreements were signed during the
5th Summit of the BRICS, which takes place in Durban, South Africa in addition
to the BNDES, the signatory institutions were the Russian Bank Development and
Foreign Economic Affairs (Vnesheconombank), Exim-Bank of India, China
Development Bank (CDB, its acronym in English) and the Development Bank of
Southern Africa (DBSA, its acronym in English). Agreement The Cofinancing and
Multilateral Cooperation for the Sustainable Development of BRICS seeks to lay
the groundwork for coordination and exchange of information between the
institutions of development of the five countries to improve their mechanisms
for sustainable development and fostering partnerships that area - BNDES
27/03/13: Leia
mais em Português
Real Estate Investment Country Rank
- India is ranked 20th in the list of world's top real estate investment markets
with investment volume of $3.4 billion in 2012, property consultant Cushman
& Wakefield said in its latest report. China was at the top position
with investment of $304.1 billion, followed by US ($267.1 billion) and UK
($56.3 billion). The consultant said the global property investment market grew
by 6 per cent in 2012 to $929 billion and is expected to cross $1 trillion mark
in 2013, the first time since 2007 - Business Standard 03/25/13: Read
More
2. North America
All United States - Americans Want
More Emphasis on Solar, Wind, Natural Gas - No fewer than two in three
Americans want the U.S. to put more emphasis on producing domestic energy using
solar power (76%), wind (71%), and natural gas (65%). Far fewer want to
emphasize the production of oil (46%) and the use of nuclear power (37%). Least
favored is coal, with about one in three Americans wanting to prioritize its
domestic production - Gallop 03/27/13: Read
Details
All United States - March 2013
Manufacturing ISM Report On Business® - Economic activity in the manufacturing
sector expanded in March for the fourth consecutive month, and the overall
economy grew for the 46th consecutive month, say the nation's supply executives
in the latest (Institute for Supply
Management) Manufacturing ISM Report On Business® - ISM for March: Read Details
All United States - Manufacturers
Outline Goals for Successful EU Trade Agreement Negotiations - National
Association of Manufacturers (NAM) President and CEO Jay Timmons sent a letter
today to President Obama outlining goals for negotiations of the trade
agreement with the European Union (EU) to make manufacturers in the United
States more globally competitive and create jobs - National Association of
Manufacturers (NAM) 03/27/13: Read
Details
All United States - New EPA Rules
Force Area Cities to Update Generators - To stay in compliance, many local
communities are upgrading their generators after the federal Environmental
Protection Agency approved new emission standards Jan. 30. The regulations are
part of an emissions reductions effort that will go into effect on May 3 and
apply to stationary reciprocating internal combustion engines - Daily Globe
03/25/13: Read More
All United States - OEM Off Highway
Economic Outlook - U.S. 2013 Has Potential. There are more and more signs that
the economy has been improving, despite the added drag from the payroll tax
increase. These are coming from a variety of sectors, including housing, manufacturing,
and the labor market - OEM Off-Highway 03/26/13: Read Details
All United States - The “Rebuild
America Partnership”: The President’s Plan to Encourage Private Investment in
America’s Infrastructure - The White House 03/29/13: Read
Details
All United States - USDA Invites
Applications for Renewable Energy System and Energy Efficiency Improvement
Projects - Agriculture Secretary Tom Vilsack today announced that USDA is
seeking applications to provide assistance to agricultural producers and rural
small businesses for energy efficiency and renewable energy projects. Funding
is available from USDA's Rural Energy for America Program (REAP) - USDA
03/29/13: Read Details
All United States - U.S. Solar Industry
Market Increases 34% - The U.S. Solar Industry has experienced resurgence over
the past year as newly-imposed import tariffs on Chinese solar cells have
helped companies compete with their Chinese competitors. According to the Solar Energy Industries Association the U.S.
solar industry market increased to $11.5 billion, a year-over-year increase of
34 percent - Market Wire 03/28/13: Read
More
CA, Los Angeles - USC Village Development Project Signed - What
will be the largest development in South Los Angeles has just been signed,
sealed and set in motion. The $1 billion USC
Village project has been on the drawing board for years as the university
negotiated with L.A. City officials, community members and stakeholders over
the fine print. This morning, officials met at the South L.A. school to make
the final plans official - SCPR/KPCC 89.3 Public Radio 03/27/13: Read
Details
CA, Taft - Shale Oil Deposits Span
1,750 Square Miles - More than 15 billion barrels of oil, or two-thirds of the
continental United States' total deep-rock deposits, is estimated to be locked
in the Monterey, according to the U.S. Energy Information Administration. Los
Angeles-based Occidental Petroleum
and Venoco Inc. of Denver, two of the
largest stakeholders in the Monterey, have already drilled exploratory wells -
Los Angeles Times 03/30/13: Read
More
Canada - Building Canada Plan Maps
Infrastructure Spending - The 2013 Federal Budget is introducing a new Building Canada
Plan for the construction of public infrastructure such as roads, bridges,
transit and port facilities, which involves a renewed fund for public-private
partnerships (P3). The plan will provide about $53 billion in investments for
infrastructure, including more than $47 billion in new funding over 10 years,
starting in 2014–15 - Journal of Commerce – 3/27/13: Read
More ---- Read Also: Building
Canada - Modern Infrastructure for a Strong Canada
Canada, BC, Prince George - North
America's Tallest Wooden High Rise Construction Plans - The $25 Million, Wood
Innovation and Design Centre, will start to rise in Prince George shortly, is a
British Columbia government project intended to showcase new methods for
building with wood. It could pave the way for a construction revolution that
would see wood buildings as tall as 30 storeys. Mr. Green of Vancouver-based
company, Michael Green Architecture,
is part of a larger team led by PCL
Constructors Westcoast Inc., said that at 27 1/2 metres it will be North
America’s tallest wood building. Because of design features, including a
mezzanine and a high floor-to-floor ratio, it will be six storeys, but will
stand about as high as a nine-storey building - The Globe and Mail 03/22/13: Read
More
Canada, NS, Digby - Mink Manure to
Electricity Project Approved - The Municipality of the District of Digby is one
step closer to making electricity and money from mink manure. South West Eco Energy is building
the 1,500-cubic-metre round and dome-shaped facility. The municipality has just
accepted a bid of $425,000 from Martin Machinery in Latham
Missouri to supply the 300-kilowatt generator. The province approved the
municipality to produce 600 kw. So if South West Eco Energy decides to expand
and build a second digester, the municipality is approved to install a second
generator - Digby Courier 03/28/13: Read
More & List of Other COMFIT Projects Approved
Canada, ON, Meaford - New Waste
Water Treatment Plant Backup Generator Approved - Meaford council has approved
the emergency purchase of a new back-up generator for the Waste Water Treatment
Plant. Council approved the project at its regular meeting on Monday, March 25.
The estimated cost of the new generator is $198,000 - Semcoe County 03/26/13: Read
More
DC, Washington - School Construction
Funding Proposed - D.C. Mayor Vincent Gray on Thursday proposed spending $442
million on school construction in the coming fiscal year, as well as $79
million more on schools' daily operations and $7.4 million for charter school
facilities - Washington Examiner 03/28/13: Read
List of School Construction Projects
Florida - Ports Dredging &
Expansion Plans - Ports in Miami, Fort Lauderdale and Jacksonville are racing
to deepen inlets and widen harbors in time to get a piece of the action in 2015
when a wider Panama Canal allows gigantic container ships to bring far bigger
loads of goods to the East Coast. Others, including the Port of Palm Beach and
Port Canaveral, can't handle these huge "Panamax" vessels but also
are expanding and hope to draw larger cargo and cruise ships - Sun Sentinel 03/29/13:
Read
More
FL, Bradenton - Multi-Sports Complex
Construction to Start - IMG Academy will break ground next month
on its new Multi-Sports Complex, part of a massive expansion that will give IMG
a greater footprint in the community and an even greater impact on the local
economy - Bradenton Herald 03/31/13: Read
More
FL, Moore Haven - Intermodal
Logistics Center Construction Planned - With the decision by international
developer Panattoni Development Company
to market and develop Americas Gateway
Logistics Center in Moore Haven, Fla., the master planned, 6,700-acre,
international intermodal logistics center is being prepared for tenants and to
generate new jobs in southern Florida - Material Handling Network 03/25/13: Read
More
FL, West Palm Beach - Outlet Mall
Construction Groundbreaking - A ceremonial groundbreaking took place on
Thursday, March 14 for Palm Beach Outlets. The developers who acquired the
80-acre property, New England
Development and Eastern Real Estate,
promise a dynamic mix including the best names in fashion, and possibly Whole
Foods, when Palm Beach Outlets opens in February 2014 - South Florida Times
03/28/13: Read
More
GA, Morrow - Legislature OKs Science Building Money - Clayton State University officials have waited years to break ground on a new science building, but they may not have to wait much longer. Both chambers of the Georgia General Assembly passed a $19.8 billion state budget Thursday that includes $19.8 million to build a science facility at the Morrow-based school - Clayton News Daily 03/29/13: Read More
IN, Richmond - Airport Hanger
Generator & Improvements Planned - Richmond Municipal Airport might become
home to a trauma helicopter transport team from IU Health this summer. Mayse
and Greg Stiens, city director of Public Works and Engineering, came to the
redevelopment commission to ask for slightly more than $56,000 for improvements
to the airport hangar and to buy a backup generator for the project.
Improvements would include construction of sleeping and shower rooms and a fire
wall - Pal-Item 03/27/13: Read
More
KY, Lewis County - Emulsion Plant
Construction Planned - Nelson Brothers, LLC, a leading manufacturer of bulk
emulsions to the surface mining industry in the eastern United States,
announced today that they will build a new emulsion plant in Lewis County. The
plant will create approximately 65 full-time jobs and an estimated 100 jobs
during the construction phase of the facility. Nelson Brothers, LLC
will invest up to $17 million in the project - The Ledger Independent 03/28/13:
Read
More
LA, Terrebonne Parish - Generator
Engineering Service Contract & Pump Station Projects Planned - The
following is a partial rundown of action taken by the Terrebonne Parish Council
Monday. All members were present. Action: Asked the Statewide Flood Control
Program for money to demolish the old Lower Little Caillou pump station and
build a new one. Action: Applied for a Community Development Block Grant to
build the Government Complex in Gray, which would include an animal shelter, a
juvenile justice center and Public Works building. Action: Hired Louisiana
Contracting Enterprise to build North Campus Road at a cost of about $1.3
million. Action: Hired GSE
Associates to provide engineering services for the Courthouse Annex
generator project - Daily Comet 03/26/13: Read List
of Other Projects
MA, Bourne - Emergency Storm Shelter
Generator Discussions - The Bourne selectmen’s directive this winter that Town
Administrator Thomas Guerino and Emergency Planning Director Charles Noyes
research ways the town can establish its own emergency storm shelter provided a
new wrinkle to capital-spending review. Guerino said generators and wiring
projects to accommodate them are expensive. The capital outlay projected total
on this front amounts to $437,762 - Bourne Courier 03/26/13: Read
More
MT, Fort Peck - Fort Peck Dam
Repairs - After damage by record-high runoff and flooding in 2011, more than
$42.9 million in repairs to Fort Peck Dam have been approved by the U.S. Army
Corps of Engineers. The work is part of $234 million that will be spent on more
than 100 projects along the Missouri River to stabilize the Corp’s system of
dams and levees from Fort Peck to the Missouri River’s junction with the
Mississippi River. Six contracts were awarded last year to repair damage at
Fort Peck Dam. The most expensive contract — more than $33.8 million — was
awarded to ASI Constructors Inc.
of West Pueblo, Colo., for the rehabilitation of the dam’s plunge pool. That
work is not expected to be completed until December 2015. The
second-most-expensive repair on Fort Peck’s list is $6.62 million that will be
spent on rehabilitating the dam’s huge spillway gates. That contract was
awarded to J.F. Brennan Co. Inc., a
marine construction company from La Crosse, Wis. Next on the list of expenses
is $1.69 million to repair drains on the 5,000-foot-long spillway channel. That
work was awarded to DRL Corp., based in Oxford,
Mass - The Montana Standard 03/31/13: Read
More
NJ, Burlington Township - On April
12 workers will get started on a new 215,100 square-foot corporate headquarters
building for Burlington
Coat Factory, company officials announced this week. The new multi-story
building will be built on 50 acres of undeveloped land and house more than 800
employees, company officials said - The Times of Trenton 03/31/13: Read
More
NJ, Mendham & Chester - Warming
Centers Generator Plans - In order to make the centrally located Garabrant
Center ready to receive the masses as warming center, a generator would need to
be installed. According to Mendham Borough Administrator Ellen Sandman,
obtaining one of those generators is in the works. Sandman said that generators
for critical facilities are eligible to be part of a grant funding program
through the State of New Jersey. “We will be providing documentation for
generators for the Water Reclamation Facility and Garabrant Center to be used
as a warming station,” Sandman said - Menham-Chester Patch 03/28/13: Read
List of Warming Centers Planned
New York - Gas Station Backup
Generator Grants - About 1,450 gas stations in and around New York City will be
required to be wired to run on back-up generator power under the state budget
expected to be passed Thursday. New York
will give out grants of up to $10,000 to cover the cost of the wiring and up to
$13,000 if a station owner chooses to purchase a generator - WNTC 03/27/13: Read
Details & Gas Station Location Map
New York - Senators Pass Bill
Requiring Backup Emergency Generators At Gas Stations - The State Senate passed
legislation on Sunday that would require gas stations in key sections of
Rockland County and the New York Metropolitan area to be prewired and have
generators available in the event of a power outage - Nanuet Patch 03/25/13: Read
Details & Watch Video
NY, Mineola Village - Village Hall
Generator Purchase Planned - The Mineola Village Board unanimously approved
applications for a total of $610,000 in community block grants for 2014 at last
week’s Wednesday night board meeting. The largest single grant the village
Hinck proposed is a $350,000 grant for an emergency energy generator for
Mineola Village Hall - The Island Now 03/28/13: Read
of Other Project Plans
OH, Bath Township - 2013 Budget
Includes Back-up Generator Purchase - Bath Township is planning some major
projects and purchases this year, according to its 2013 budget - Fairlawn-Bath
Patch 03/26/13: Read
More
PA, Buffalo Township - Township Hall
Backup Generator Plans Approved - The supervisors also approved the purchase
and installation of an emergency backup generator for $21,000. The backup
generator will run power in the township office, which would be the emergency
management center in case of disasters. It also will run gas pumps for the fire
trucks and ambulances - Trib Live 03/28/13: Read
More
PA, Philadelphia - 25 Story
High-Rise Construction Plans - A 25-story high-rise development will soon
replace two historic brownstones at the corner of 38th and Chestnut streets.
The tower will include apartments, church offices and retail space. The Philadelphia Episcopal Cathedral
— located at 3723 Chestnut St. — hired Radnor
Property Group to construct the new building and hopes to have it completed
by the fall of 2015 - The Daily Pennsylvanian 03/21/13: Read
More
PA, Skippack Township - Generator
Contract Award - The Skippack Township Board of Supervisors voted to award Barry J. Hoffman, Co.,
Inc. the contract to build the township’s emergency generator at a cost of
$92,335. The Allentown-based company provided the lowest bid - Perkiomen Valley
Patch 03/25/13: Read
More
3. Latin America & Caribbean
Argentina, Santa Fe Province -
Construction of 12 New Aqueducts Moving Forward - The government of northern
Argentine province Santa Fe is moving forward with a 5.5bn-peso (US$1.09bn)
plan to build 12 aqueducts - Business News Americas 03/27/13: Read
List of Projects
Argentina - (MSME) Micro, Small,
Medium Size Enterprise Financing - The Inter-American Development Bank (IDB)
approved a loan for $50 million to help make thousands of micro, small and medium-size
enterprises in Argentina more productive. The MSME Competitiveness Support
Program aims to increase investment in business development services, both
individually and collectively, through support for the purchase and improvement
those services, and to increase the number of dynamic new businesses - IDB
03/28/13: Read
More ---- Access: Project
AR-L1145 Details
Bahamas, Nassau - Generator to Go
Out for Bid - Godfrey Forbes, president of Dykton
Mechanical and the Bahamian
Contractors Association’s (BCA) president, told Tribune Business: “We do
not have a back-up generator for our complex and here I am in the process of
putting together bids for a number of projects - Tribune 242 03/26/13: Read
More
Brazil, Rio de Janeiro - Subway
Construction Funding - The National Bank for Economic and Social Development
(BNDES) has approved a loan of U.S. $ 4.3 billion to the State Government of
Rio de Janeiro. The funds are intended for deploying the infrastructure of Line
4 subway River, linking Barra da Tijuca, in the west of the city, Ipanema,
south zone. approved funding represents 48.4% of the total project. ---- O
Banco Nacional de Desenvolvimento Econômico e Social (BNDES) aprovou empréstimo
no valor de R$ 4,3 bilhões para o Governo do Estado do Rio de Janeiro. Os
recursos destinam-se à implantação da infraestrutura da Linha 4 do metrô do
Rio, que ligará a Barra da Tijuca, na zona oeste da cidade, a Ipanema, zona
sul. O financiamento aprovado representa 48,4% do valor total do projeto -
BNDES 27/03/13: Leia
mais em Português
Chile, Antofagasta, Mejillones -
Coal Power Plant Construction Funding - The Japan Bank for International
Cooperation (JBIC; Governor: Hiroshi Okuda) signed on March 27, a loan
agreement totaling up to 500 million U.S. dollars (JBIC portion) with Empresa
Electrica Cochrane SpA (EECSA), a subsidiary of Mitsubishi Corporation
(MC) in Chile, for the Cochrane Coal-Fired Power Project. The loan,
provided in project financing,*1 is cofinanced with Mizuho Corporate Bank,
Ltd., The Bank of Tokyo-Mitsubishi UFJ, Ltd., Sumitomo Mitsui Banking
Corporation, HSBC Bank USA, N.A. and Korea Finance Corporation, which brings
the overall cofinancing amount to 1 billion U.S. dollars. In this project,
EECSA will build and operate a coal-fired power plant with a net capacity of
472MW (236 MW × 2) in Mejillones, Antofagasta, Chile, with the electricity generated
to be sold to the neighboring Sierra Gorda Copper Mine*2 and local major mining
companies. This power infrastructure project, in which MC is a participant,
will be jointly developed with a subsidiary of AES
Corporation, a U.S. company, from construction to operation throughout the
project - JBIC 03/28/13: Read More
Chile, Atacama Desert - 3 Solar
Energy Projects Funded - The Inter-American Development Bank (IDB) approved a
loan package for $41.4 million to private sector firms for the construction,
operation, and maintenance of three photovoltaic solar power plants in the
Atacama Desert in northern Chile - IDB 03/28/13: Read
More ---- Access
CH-L1069 Project Details
Dominican Republic, Santo Domingo -
300MW Thermal Coal-Fired Power Plant Development Agreement Signed - The Dominican Corporation of State-Owned
Electricity Enterprises (CDEEE) and AES
Dominicana have signed an agreement aimed at modifying the country’s power
generation matrix, which will allow for more cost-effective, efficient and
appropriate power generating capacity. CDEEE executive vice president Rubén
Jiménez Bichara, the president of AES Dominicana Marco de la Rosa, and the
president of the Reformed Companies Asset Fund, Fernando de la Rosa, signed a
memorandum of agreement for implementing joint investment of US$800 million for
the development of a 300MW thermal coal-fired plant, next to and as part of the
ITABO generating park - Dominican Today 03/25/13: Read
More
El Salvador - Drip Irrigation,
Vegetable Packing House & Sanitation Development Funding - The Ministry of
Agriculture and Livestock (MAG) will execute the funding of US$15 Million for
the development of social and environmental infrastructure, such as water
harvesting facilities to serve drip-irrigation systems; construction of 4,600
sanitation facilities; construction of garbage collection centers; pesticide
handling facilities and mobile sanitary units; upgrading irrigation systems and
agricultural equipment; investing in rural business infrastructures, such as
vegetable processing plants, coffee plantations and packing facilities - OFID
03/16/13: Read
More
Guyana - 2013 Budget Speech Covers
All Industry Sectors Including New Wartsila Engines - Energy Budget Items: 4
Sectoral Developments and the Agenda for 2013 - D. Physical Infrastructure for
Transformation - e. Energy, Power Generation and Supply 4.58 - In 2013, sums totaling
$16.4 billion are allocated for the installation of the new Wartsila engines at
Vreed-en-Hoop, construction and upgrading of 7 substations, installation of
transmission lines from Sophia to Onverwagt along with a supervisory control
and data acquisition system (SCADA), and completion of the ongoing frequency
conversion programme, among other works - Stabroek News 03/25/13: Read
Full Budget Speech
Guyana - Gold Mine Engineering &
Design Contract - Guyana Goldfields Inc.
is pleased to announce that it has awarded its detailed engineering contract
for early works at the Aurora Gold Project ("Aurora"). The Company
has engaged Tetra Tech Inc., the
leading author of the Updated Aurora Feasibility Study, for detailed
engineering and design of early works at Aurora. Detailed engineering of the
early works will be completed over the next 2 months and will include the
construction drawings for the tailings storage facility, river dike, and water
diversion dams - CNW Newswire 03/27/13: Read
More
Haiti, Port-au-Prince - Garment
Factory Expansion Financing - The Inter-American Development Bank (IDB)
announced the approval of a loan of up to $4 million to help Willbes HA, a
subsidiary of The Willbes & Co Ltd,
headquartered in Cheonan, Republic of Korea, to expand its existing ready-made
garment facility at the Parc Industriel Métropolitain in Port-au-Prince. The
operation is the latest in a series of private-sector initiatives by the Bank
in Haiti, including support for the northern Caracol Industrial Park - IDB
03/28/13: Read
More
Mexico - Gold Exploration Budget Set
- Canadian miner Argonaut Gold (TSX:
AR) plans to spend up to US$75mn in capex and exploration in 2013, largely to
fund expansion of the company's Mexican mines, CEO Peter Dougherty said -
Business News Americas 03/26/13: Read
Details
Mexico - Maximum Security Prison
Construction Planned - Throughout this administration, the National Security
(CNS) will build ten other maximum security prisons with private resources.
Thus, the federal prison system will increase its capacity to 75,000 inmates,
said the commissioner Manuel Mondragón y Kalb. ---- A lo largo de este sexenio
la Comisión Nacional de Seguridad (CNS) construirá otras diez prisiones de
máxima seguridad con recursos de la iniciativa privada. Con ello, el sistema
penitenciario federal incrementará su capacidad hasta 75 mil reos, reveló el
comisionado Manuel Mondragón y Kalb - CMIC 25/03/13: Lea Más
en Español
Mexico - Road Improvement Funding -
The Ministry of Communications and Transport
(SCT) allocated this year 4.876 million pesos to improve the physical condition
of the road network in the country, which seeks to improve the quality. ---- La
Secretaría de Comunicaciones y Transportes
(SCT) destinará este año 4,876 millones de pesos para mejorar el estado
físico de la red carretera del país, con lo cual se busca mejorar los
indicadores de calidad que heredaron de la administración pasada - CMIC
26/03/13: Lea Más
en Español
Mexico, Puebla - Infrastructure
Construction Funding - Investment of 185 indigenous communities MDP for Puebla
- Inversión de 185 MDP para comunidades indígenas de Puebla - For Basic
Infrastructure Program for Indigenous Peoples applies an investment of 185
million pesos; involved 25 municipalities and 51 works that are made
electrification, drainage, roads and drinking water ---- Para el programa de
Infraestructura Básica para los Pueblos Indígenas se aplicará una inversión de
185 millones de pesos; participan 25 municipios y se realizarán 51 obras que
son de electrificación, drenaje, caminos y de agua potable, mismas que serán de
total calidad - CMIC 27/03/13: Lea Más
en Español
Mexico, Tamaulipas, Ciudad Victoria
- Aqueduct Construction to Start in June -
To solve the problem of water shortage in Victoria, requires
construction of the second line of the aqueduct of Vicente Guerrero to the
state capital, said the director of the State Water Commission, Jaime Felipe
Pérez Cano. He said the construction of this could start in the second half of
the year and will require 900 million pesos ---- Para resolver el problema de
desabasto de agua en ciudad Victoria, se requiere la construcción de la segunda
línea del acueducto de la Presa Vicente Guerrero a la capital del estado,
informó el director de la Comisión Estatal del Agua, Jaime Felipe Cano Pérez.
Dijo que la construcción de esté podría iniciar en el segundo semestre del año
y se requieren 900 millones de pesos - CMIC 25/03/13: Lea Más
en Español
4. Asia & Oceania
All Pacific Countries - Powering the
Pacific's Future a Challenge, but Progress is Clear - ADB - While energy
security challenges faced by the Pacific are significant, energy efficiency and
renewable energy options hold great promise for the region, according to the
March issue of the Asian Development Bank's (ADB) Pacific
Economic Monitor (PEM), released today - ADB 26/03/13: Read
More ---- Download 36 page, PDF Report: Pacific
Economic Monitor Growth Outlook
Afghanistan, Herat’s Ghoriyan
District - Irrigation Canal Construction Contract - A water canal worth USD
8.5mn would be built in Herat’s Ghoriyan district, close to the border with
Iran, said officials of the Ministry of Water and Energy on Monday. The project
would irrigate 9,750,000 hectares of land and benefit 1,734 households. “The
80km canal would be built by an Afghan construction company called ‘Afghan
Sadaqat’,” added Minister Ismail Khan - Wadsam 03/25/13: Read
More
Afghanistan, Nangarhar Province -
Several Bridges & Religious Seminary Construction Funding Allocated - The
government has allocated USD 2mn for the construction of several bridges in the
province including the Jandarma Bridge and Form Hadi Bridge. Deputy Governor
Mohammad Hanif Gardiwal said the government would also build a religious
seminary at a cost of 92mn AFN from the development budget of the province -
Wadsam 03/24/13: Read More
Australia, QLD, Curtis Island to
Gladstone - Gas Pipeline Construction & LNG Processing Plant Approved - The
Queensland Government has approved the construction of a gas pipeline that will
be almost 600 kilometres long. Arrow
Energy wants to build an LNG processing plant on Curtis Island near
Gladstone in central Queensland, so it can liquefy and export coal seam gas
from reserves in the Surat and Bowen Basins. The State Government today gave the
company approval to construct a $1 billion gas pipeline to Gladstone - ABC
03/25/13: Read
More
Australia, QLD, Darling Downs Region
- Coal Mine Expansion Goes One Step Further - The Queensland Government says
plans to expand the New Acland coal mine on the Darling Downs will only proceed
if New Hope Coal can meet
all strict requirements. New Hope Coal has welcomed the release of the terms of
reference for the project near Oakey, west of Toowoomba - ABC 03/27/13: Read
More
Australia, WA, Goldfields-Esperance
Region - Gold Processing Plant (EPC) Engineering, Procurement &
Construction Contract - Sedgman Australia
(asx:SDM) has secured a contract for an estimated $90 million to construct a
new gold processing plant facility for La Mancha Resources,
under which it will provide engineering, procurement and construction (EPC)
services. The processing facility, called the Mungari plant, will be located
about 22 kilometres west of the mining town of Kalgoorlie and will use ore from
two operational mine sites, Frog's Leg and White Foil - The Wall Street Journal
03/27/13: Read
More
China - China Business Climate
Survey Report - 年度商务环境调查报告 - US firms upbeat on business outlook in China. Despite
moderation in the Chinese economy, United States-based companies remain upbeat
on the near-term outlook of their businesses here, according to the results of
a recent survey. Over three-quarters of respondents indicated that they are
optimistic about how their companies will perform over the next two years in
China, the latest Business
Climate Survey from the American
Chamber of Commerce in China (AmCham-China) showed Friday - Xinhua Net
03/29/13: Read
More ---- Access AmCham China’s: 2013 Business Climate
Survey Key Findings and Observations
China - China's Urbanization
Presents Opportunities for Caterpillar - Continued urbanization in China will
drive the need for greater infrastructure investment, pointing to tremendous
opportunities for Caterpillar,
said Doug Oberhelman, chairman and chief executive officer of the U.S.-based
construction equipment maker, on Tuesday - People’s Daily 13/03/27: Read More
China - (SME) Small, Medium Size
Enterprise Financing for Renewable Energy Projects - IFC, a member of the World
Bank Group, and Bank of
Nanjing have launched a 500 million yuan ($80 million) risk-sharing
facility to support energy-efficiency and renewable-energy projects among small
and medium enterprises - IFC 03/25/13: Read
More ---- 读更多用中文
China, Beijing - Wastewater
Treatment Plants Improvement & Garbage Incineration Plants Construction
Funding - Grappling with heavy pollution, Beijing would spend $ 16.09 billion
in the next three years on a host of measures to combat recurrence of heavy
smog taking toll on the health of the city's over 20 million population. The
three-year plan will facilitate building five garbage incineration plants by
the end of 2015 to ensure more than 70 per cent of the city's waste can be
destroyed by burning – The Economic Times 13/03/29: Read
More
China, Sichuan Province - Shale Gas
Deal Approved - Royal Dutch Shell announced
Wednesday that the Chinese government has approved the company's shale gas
exploration deal with the China National Petroleum Corporation (CNPC). Huibert
Vigeveno, chairman of Shell China,
said at a news briefing that authorities have approved a production-sharing
contract with China's largest oil and gas producer that will allow both sides
to explore and produce unconventional gas in southwest China's Sichuan province
- Xinhua Net 13/03/27: Read
More
India - Infrastructure & Road
Construction Funding - Today, the Japan International Cooperation Agency (JICA)
signed Japanese ODA loan agreements with the Government
of India to provide Japanese ODA loans of up to a total of 199.035 billion
yen for three projects - JICA 03/28/13: Read
Details
India - Mahindra Sees 500 MW
Opportunity in Solar - Mahindra Group's three-year-old foray into the solar
power sector is in the midst of takeoff. The company says that it could set-up
as much as 500 megawatts of solar power in the next 24-36 months - Business
Standard 03/29/13: Read
More
India, Karnataka, Mangalore -
Petro-Chemical Plants Expansion Plans - In line with the Perspective Plan 2030
of Oil and Natural Gas Corporation, its
subsidiary MRPL is all set to expand into a 21 MMTPA refinery with a pet
coke gasification unit and a linear alkyl benzene unit - The Hindu Business
Line 03/30/13: Read
More
India, Chhattisgarh & Odisha -
Power Generation Expansion Investment Plans - THDC
India Ltd, the state-owned power generator, is planning to invest around Rs
580 crore next financial year (2013-14) in capacity expansion. The company, a
joint venture between the centre and the UP government, has a current power generation
capacity of 10,290 Megawatt (Mw) and plans to ramp it up by another 5,490 Mw
soon. THDC currently operates 15 hydro projects in UP, Uttarakhand, Maharashtra
and Bhutan. Under the expansion mode, the company plans to set up projects in
Chhattisgarh and Odisha too - Business Standard 03/26/13: Read
More
India, Gujarat, Gandhinagar -
University Campus Construction Plans - Institute
of Technology Gandhinagar (IITGN) will unveil its final architectural plans
and unique features of its permanent campus at a special event on March 28, it
said in a statement here today. The Institute expects to build the first phase
and move to its new campus in June 2014 - Business Standard 03/26/13: Read
More
India, Puducherry, Karaikal District
- Greenfield Airport Construction to Start - Super Airport Infrastructure
India (SAIIPL) today said construction work on the country's first fully
private greenfield airport here is scheduled to commence in May - The Economic
Times 30/03/13: Read
More
India, Tamil Nadu - LNG Import
Terminal Construction Call for Bids - State-owned Indian
Oil Corp (IOC) has called for bids for the construction of 5 million tonne
a year liquid gas import terminal at Ennore in Tamil Nadu. IOC is seeking
Expression of Interest proposals for a lump-sum engineering, procurement and
construction contract for the Rs 4,320 crore liquefied natural gas (LNG) import
and re-gasification terminal - Business Standard 03/29/13: Read
More
India, Uttarakhand - Power
Generation & Transmission Construction Project Funding - The Asian Development
Bank has decided to extend a loan of USD 300 million to Uttarakhand to help the
state government accelerate work on power generation and transmission projects,
Chief Minister Vijay Bahuguna has said. Bahuguna said the ADB loan will be
disbursed in phases and asked them to take up power generation and transmission
work across the state on a large scale with the amount through Power Transmission Corporation of Uttarakhand
Ltd (PTCUL) and Uttarakhand
Jal Vidyut Nigam Ltd (UJVNL) - The Economic Times 30/03/13: Read
Projects Overview
Indonesia - Coal Power Plant
Construction, Geo-Thermal Development & Flood Management Enhancement
Funding - On March 28, the Government
of the Republic of Indonesia and Japan International Cooperation Agency
(JICA) concluded loan agreements to provide Japanese ODA loans up to 10,142
million yen for the following three projects. (1) Construction of
high-efficiency coal-fired power plant to improve power supply capacity in the
capital region, load center of Java-Bali system. (2) Supporting geothermal
development in Indonesia's eastern areas. (3) Enhancement of flood management
in the Bandung Metropolitan Area, the core of the textile industry - JICA
03/28/13: Read
Details
Indonesia - Hotel Construction &
Expansion Plans - The Dutch hotel chain Golden Tulip plans
to open at least 15 hotels in Bali and major cities such as Jakarta,
Yogyakarta, Solo, Makassar, Surabaya, Bandung and Bekasi in the next two years
- The Jakarta Post 03/25/13: Read
More
Indonesia, East Java, Gresik -
Integrated Port Construction Project JV - Petroleum and chemical distributor PT AKR Corporindo (AKRA) is teaming up with
state-owned port operator Pelindo III for
the construction of an integrated port project called the Java Integrated
Industrial and Post Estate, in Gresik, East Java. Consisting of a port and an
industrial estate, construction will take several phases. The first phase of
construction will cost between Rp 7 trillion (US$719.57 million) and Rp 8
trillion, which includes land acquisition and infrastructure development,
according to AKR chief financial officer Suresh Vembu - The Jakarta Post
03/26/13: Read
More
Indonesia, Java & Bali - Luxury
Hotel Expansion Plans - Bolstered by the country’s strong economic performance
and with domestic and in-bound travel growing, luxury brands are planning to
expand their activities in Indonesia with the opening of more than 4,000 rooms
over the coming years. Three new brands, namely World Hotels, Preference and Sofitel, are set to open
in major cities across Java and Bali - The Jakarta Post 03/27/13: Read
More
Kiribati, Tarawa - Solar Project
Construction Funding - At the Pacific Energy Summit in Auckland, Kiribati
President Anote Tong and the World Bank signed an agreement for a $4 million
project to deliver solar energy to the main atoll of Tarawa - ABC 03/25/13: Read
More ---- World Bank 03/25/13: Read
Additional Information
Malaysia, Pahang - Gold Mine
Equipment, Water Diversion & Plant Improvement Funding - Publicly-listed
mining company PT J Resources
Asia Pacific Tbk is to spend US$82 million to up production at Penjom gold
mine in Pahang, Malaysia. J Resources vice president for human resources and
corporate affairs Edi Permadi said at the weekend that the capital outlay
included heavy equipment, river diversion and improvement of existing plant -
The Jakarta Post 03/25/13: Read
More
Mongolia - (SME) Small, Medium Size
Enterprise Financing - IFC, a member of the World Bank Group, on Tuesday agreed
to provide $20 million to Khan Bank
LLC, Mongolia’s largest bank by assets, to increase lending to small and
medium enterprises. IFC’s five-year senior loan will help the bank make loans
to 5,000 additional small and medium enterprises over the next five years - IFC
03/26/13: Read
More
Myanmar - Cement Plant Construction
Plans - Indonesia’s largest cement producer PT Semen Indonesia Tbk (SMGR) says
it will build a US$200 million cement plant in Myanmar early next year as part
of its expansion into the Southeast Asian market - The Jakarta Post 03/26/13: Read
More
Pakistan - 4,320 MW Dasu Dam to be
Constructed in Pakistan - World Bank (WB) would be approached by next week for
early start of the construction of Dasu Dam as the feasibility study for the
dam has been completed. It has the capacity to produce 4,320 megawatts (MW)
power. The WB has agreed to provide $800 million to Pakistan for Dasu Dam and
later on a consortium would be formed by the WB to provide complete financing
of up to $2 billion - IFCL 03/26/13: Read More
Philippines, Bohol Province &
Metro Manila - Airport & Mass Transit System Construction Funding - On
March 27, the Japan International Cooperation Agency (JICA) signed Japanese ODA
loan agreements with the Government of the
Republic of the Philippines to provide loans of up to a total of 54.034
billion yen for assistance for two projects. (1) Mitigation of road congestion
with the implementation of a mass transit system in Metro Manila. (2)
Responding to air traffic demand by the construction of an environmentally
friendly airport in Bohol Province, central region of the Philippines - JICA
03/27/13: Read
Details
Philippines, Mindanao - Loans
Available for Electric Co-ops’ Acquisition of Modular Gensets - The national
government is set to start a loan scheme that will allow electric cooperatives
in Mindanao to acquire their own modular generator sets to help offset the
impact of the prolonged daily rotating brownouts. Energy Secretary Carlos
Jericho Petilla told participants of a regional power forum here on Wednesday
afternoon that President Benigno Aquino III has approved the loan program as an
alternative solution to the long brownouts triggered by the worsening power
shortage in the Mindanao grid. Petilla said the DoE
will provide the funds to the National
Electrification Administration (NEA) “which will then offer them to the
electric cooperatives by way of (soft) loans.” - Minda News 03/29/13: Read
More
Turkey - Geothermal Energy
Exploration Risk Insurance - IFC, a member of the World Bank Group, and
international reinsurer Munich Re have agreed to develop and pilot geothermal
exploration risk insurance in Turkey. This is the first IFC project aimed at
reducing the risks associated with geothermal energy exploration. Under the
agreement, IFC will work with Munich Re to
identify geothermal projects that will use exploration risk insurance to reduce
exposure to unproductive wells. Four pilot projects, funded by $420 million of
private sector investment, are expected to add 140 megawatts of geothermal
capacity - IFC 03/27/13: Read
More
Vietnam - Road & Bridge, Railway
Infrastructure, Port & Power Construction Funding - On March 22, the Japan
International Cooperation Agency (JICA) signed the Japanese ODA Loan agreements
totaling up to 175.025 billion yen (eleven loan agreements in total) with the Government of the
Socialist Republic of Vietnam - JICA 03/25/13: Read
Projects Details
5. Europe
Belarus - Wastewater Treatment Plant
Improvement & Biogas Plant Construction Grants - The Northern Dimension
Environmental Partnership (NDEP) together with the Government of Sweden through
the Swedish International Development Cooperation Agency (SIDA) and the
Government of Finland today extended grants totalling over EUR 20 million to
five Belarusian water utilities. The grants from Sweden/SIDA total EUR 13.6
million. Grodno Vodokanal will get an
investment grant of EUR 3.6 million and Vitebsk one of EUR 2.7 million to
improve their wastewater treatment facilities.
The municipalities of Baranovichi and Slonim will each benefit from a
EUR 1.4 million grant to install new biogas plants. Total investments for these
cities, including funding from other international financial institutions, will
approach EUR 65 million and ensure that their wastewater is treated in full
compliance with the EU and HELCOM standards - EBRD 26/-3/13: Read More
Croatia, Rijeka - Water Supply
Network Re-Construction Planned - The proceeds of the proposed EUR 13 million
financing will be used for priority investments in the reconstruction of the
water supply network and the extension of the wastewater collection network in
the area of the City of Rijeka The planned investments in the water supply
network will increase the quality of water supply services, while the extension
of the wastewater collection network is essential for reaching EU and national targets
for waste water service coverage. The EBRD client is Rijeka Water and Wastewater
Company (KD Vodovod I kanalizacija d.o.o) - EBRD 26/03/13: Read More
Finland - Renewables Funding - EIF
has committed EUR 25m in Power Fund
III, a Cleantech venture capital fund based in Finland. The investment strategy of this early stage
fund is focussed on a specialised sub-sector within the Cleantech value chain,
electrical systems, and targets highly innovative start-up companies which
develop ground-breaking technologies by using natural resources such as wind,
sun, water and biomass - EIF 25/03/13: Read
More
Kosovo - Renewable Energy (SME)
Small, Medium Size Enterprise Financing - The EBRD is considering a framework
operation of EUR 12 million to support private SME and residential sector
sub-borrowers in undertaking energy efficiency and renewable energy investments
in Kosovo. The framework will comprise of senior loans to Participating
Financial Institutions (“PFIs”) in Kosovo and will promote energy efficiency
and use of renewable energy resources in Kosovo - EBRD 27/03/13: Read More
Montenegro - Hospital Refurbishment
& Maternity Ward Construction Funding - The EBRD is providing a €1.0
million loan to Codra
Hospital, a leading private healthcare institution in Montenegro.
Established in 2001, the hospital has grown to become the largest private
hospital in Montenegro, delivering many services that are not provided by other
health institutions, including state-owned hospitals. The EBRD financing will
help Codra Hospital invest in a new maternity ward to include deliveries and
post-delivery care for mothers and their babies. In order to accommodate the
new ward, management plans to refurbish the second floor of the existing
building and purchase equipment for the neonatal ward and a caesarean operating
room - EBRD 28/03/13: Read
More
Poland - Road Construction Subsidies
Released - The European Union on Wednesday released subsidies for new Polish
motorways, months after freezing them over suspicions of price fixing, Polish
officials said - EU Business 27/03/13: Read More
Romania, Moldavia, Bacău County -
Drinking Water & Wastewater Collection Improvement Funding - The EBRD is
considering providing a EUR 16.4 million loan to Compania Regionala de Apa Bacau S.A. (the
“Company”), a water utility operating in Bacau County (ca. 265 thousand
inhabitants) in northern Romania. The project includes two components. The
first entails co-financing to Cohesion Fund of up to EUR 10.2 million for key
investments in the County of Bacau to meet EU water and wastewater directives.
The Bank’s loan would co-finance a regional investment programme totalling EUR
114.5 million. The second component of EUR 6.2 million includes a restructuring
of the existing EBRD Municipal Environmental Loan Facility signed on 26
November 2004 to take into account the Company's transformation into a
commercial company and regional operator - EBRD 28/03/13: Read More
Russia - (SME) Small, Medium Size
Enterprise Financing - SME Bank (Vnesheconombank Group) provided B & N Bank
(Moscow) a credit line of 300 million rubles for the purpose of lending to
small and medium businesses. This is the first deal signed between the Bank and
the SME BINBANK within the framework of financial support to SMEs. ---- МСП
Банк (группа Внешэкономбанка) выделил БИНБАНКу (г.
Москва) кредитную линию в размере 300 млн рублей на цели кредитования
предприятий малого и среднего бизнеса. Это первая сделка, заключенная между МСП
Банком и БИНБАНКом в рамках Программы финансовой поддержки МСП. Средства
выделены банку на 3 года на условиях продукта - МФО-Банк 27/03/13: Прочитайте больше в русском
Serbia - Agricultural
Infrastructure, Irrigation & Cattle Feed Manufacturing Investment - Serbian
Minister of Finance and Economy Mladjan Dinkic and representatives of Al Dahra, leading global agro-industrial
company, signed a USD 400 million joint venture agreement to invest in Serbian
agriculture in Abu Dhabi Thursday. One-third of the investment will be used to
purchase assets of eight failed agricultural combines, while the rest will go
into installing irrigation systems, purchasing modern equipment and current
assets needed for construction and operation of at least five factories for the
production of cattle feed, the Finance and Economy Ministry has said in a
release - ANSAmed 03/28/13: Read
More
Serbia - Gas Processing Plants
Construction Planned - Serbia's Prime Minister Ivica Dacic attended the signing
of two contracts on the delivery of Russian gas to Serbia until 2021. The first
agreement was signed by the Chairman of the Executive Board of Gazprom Export Alexey Miller and CoE
of YugoRosGaz Vladimir Koldin, and the
other agreement was signed by Koldin and CeO of Srbijagas Dusan Bajatovic. Dacic
highlighted the importance of the agreements signed earlier with the Russian
Federation, where he singled out the contract related to the Oil Industry of
Serbia, where the investment volume amounted to €2 billion, while another €3
billion can be expected in the future. He said that the construction of gas
processing plants in collaboration with Russia is planned - Balkans 28/03/13: Read More
Serbia - (SME) Small, Medium Size
Enterprise Lease Financing - The proposed project will support UniCredit
Leasing Serbia, a leading leasing provider in Serbia, to extend lease financing
to private SMEs in Serbia. The proceeds of the loan will be used by UniCredit
Leasing Serbia to provide long-term leases to private SMEs for acquiring
machinery and equipment in industries such as manufacturing and renewable
energy - EBRD 26/03/13: Read More
United Kingdom, Scotland - Offshore
Wind Project Approval - The project partners behind the ground-breaking
European Offshore Wind Deployment Centre (EOWDC) have welcomed the Scottish
Government’s decision to approve consent for the project. The cutting-edge
project is a demonstration facility for next generation wind turbines and
associated technology. With expected capital expenditure of more than £230
million, the EOWDC would prove to be a major investment in Scotland’s
renewables infrastructure and a vital boost to its offshore wind ambitions. The
EOWDC is a joint venture between Vattenfall
– Europe’s sixth largest generator of electricity – the Aberdeen Renewable Energy Group
(AREG), a pioneering private-public partnership, and consortium partner Technip Offshore Wind,
a leading provider of specialist offshore wind installation and project
management services - Your Industry News 03/28/13: Read
More
6. Middle East & Africa
Burundi, Bujumbura to Nyamitanga -
Road Rehabilitation Funding - A Loan Agreement was signed today in Bujumbura
between the Republic of Burundi and Kuwait Fund for Arab Economic Development,
whereby the Fund shall make a Loan of Kuwaiti Dinars two million nine hundred
thousand (KD 2,900,000) (i.e. about US$ 10 million) to help the financing the
Rehabilitation of Bujumbura-Nyamitanga Road Project in the Republic of Burundi - KFAED 27/03/13: Read
More
Egypt - Washing Machine
Manufacturing Plant Construction Funding - The EBRD is launching its first
project with an Egyptian owned company and is now actively providing support to
the four reforming economies in the Middle East and North Africa. The EBRD is
lending 150 million Egyptian pounds (US$ 24.3 million) to Universal
Metallurgical Company S.A.E. to finance the completion of a plant that will
increase the company’s production of washing machines.
The investment will support the transformation of this sector of the Egyptian
economy, providing for full-scale manufacturing in a market where domestic
appliances have up to now been either imported or only assembled locally - EBRD
27/03/13: Read
More
Gaza - Football Stadium Construction
Funding - Football in Palestine will go through a re-birth this summer. The
country has become part of the 'Goal' project of Fifa,
the international association managing football worldwide which will grant an
investment of 4.5 million dollars. Fifa said the plan provides for the
completion of construction work of the headquarters of the Palestinian football
federation (Pfa) in Al Ram, as well as the opening of a Football Academy of the
soccer federation in Al Birreh and new artificial soccer fields in Tulkarem and
Ram. The projects also provides for the reconstruction of Gaza's stadium -
ANSAmed 29/03/13: Read
More
Israel, Gezer - Power Station
Generator Replacement Discussions - Generator failure could spell summer power
shortages in Israel. Repairs could take up to one year and 15 million euros,
but replacement might be necessary, potentially forcing the utility to
institute rolling blackouts at times of peak demand in Israel. There is growing
concern that a critically malfunctioning generator in a power station could
reduce the Israel Electric Corporation's capacity enough to cause power cuts
during peak demand periods this summer - Haaretz 03/28/13: Read
Details
Kenya, Nairobi - High Rise
Commercial Building, Construction Plans - Local Reinsurer Kenya
Re is gearing up for the development of an ultra-modern high rise green
commercial building in the second half of the year that will help spur business
in the area by targeting corporate clientele and multi-nationals. The high rise
commercial building will sit on 1.6 acres of land in Upper Hill - All Africa
25/03/13: Read More
Kenya, Nairobi - (SME) Small, Medium
Size Enterprise Financing - IFC, a member of the World Bank Group, today
announced the investment of $5 million equity in Gulf African Bank to support
corporate finance and lending to small and medium businesses in East
Africa. The investment in Gulf African
Bank marks IFC’s first engagement with an Islamic finance institution in
Sub-Saharan Africa - IFC 03/8/13: Read
More
Liberia - Palm Oil Industry
Investment - Sinar Mas Group says it will invest US$1.6 billion in the Liberian
palm oil business to expand operations overseas. Franky Oesman Widjaja, the CEO
of Golden-Agri Resources Ltd. (GAR),
a key Sinar Mas Group business
unit, said that the company would disburse the funds over eight to 10 years.
Golden-Agri Resources has been seeking to become a virtual king in the market
as it attempts to acquire to 40,000 hectares of new concessions, mostly in
Kalimantan - The Jakarta Post 03/26/13: Read
More
Malawi - Hydro-Power Expansion
Feasibility Study Grant - The African Development Bank (AfDB) Group approved,
on March 25, 2013, a grant amounting to US $3.04 million to finance the
Kholombidzo Hydroelectric Power Plant (HPP) Feasibility Studies in Malawi. The
Government of Malawi will contribute US $0.23 million (7%) of the total study
cost of US $3.27 million - AfDB 26/03/13: Read
More
Mali - Agribusiness Financing - The
World Bank Board of Executive Directors today approved a US$ 20 million
zero-interest IDA* credit to Mali to help the country develop and improve its
agriculture and food production by fostering closer links with agribusinesses
and commercial financing - World Bank 03/28/13: Read
More
Morocco - Long-Term Agricultural Vision = Cold Chain
& Irrigation System Markets - Morocco’s long-term agricultural vision is to
double the value-added of the sector and create 1.5 million jobs by 2020. The
Plan Maroc Vert is the country’s core agricultural strategy to bring better
opportunities to small and large-scale farmers by transforming the agri-food
sector into a stable source of growth, competitiveness, and broad-based
economic development in rural areas. The
World Bank has supported the Plan Maroc Vert since its inception in 2008 and today
approved a US$203 million Development Policy Loan to further contribute to the
modernization of the agricultural sector - World Bank 03/27/13: Read
More
Morocco - Sewerage System
Development Project Funding - On March 26, the Japan International Cooperation
Agency (JICA) signed a Japanese ODA loan agreement with the Office National de l'Electricité et de l'Eau Potable
(ONEE) of Kingdom of Morocco to provide up to 10.79 billion yen for
assistance for the Sewerage System Development Project (III). This loan will
provide the funding necessary to improve the sewage treatment capacity through
the expansion and improvement of sewage treatment plants and pipes in nine
regional cities in Morocco - JICA 03/26/13: Read
Details
Tanzania - Power Sector Reforms
& Natural Gas Expansion Funding - The World Bank Board of Executive
Directors today approved two International Development Association (IDA)
credits amounting to US$121.46 million to Tanzania for power sector reforms,
forging public-private partnerships, and strengthening national capacity for the
optimal use of the country’s natural gas reserves - World Bank 03/26/13: Read
More
Uganda - Urban Infrastructure
Development Funding - The World Bank Board of Executive Directors today
approved an International Development Association (IDA) credit of US$150
million to finance urban infrastructure and improve service delivery in 14
municipalities in Uganda - World Bank 03/28/13: Read
More
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Comments (Qty. 4); 2 North America (Qty. 34); 3 Latin America & Caribbean
(Qty. 15); 4 Asia & Oceania (Qty. 33); 5 Europe (Qty. 14); 6 Middle East
& Africa (Qty. 12); Total 112 Articles
1.
Global Economic or Market Comments
BRICS Development Bank Planned -
Establishing a Development Bank of BRICS to enhance cooperation is eye-catching
at the March 26 BRICS Summit of the five
emerging economies in Durban, South Africa, according to Isabel Christina
Heyvaert, Brazilian ambassador to Ethiopia. In an exclusive interview with
Xinhua on Thursday, the ambassador said the BRICS
summit would be deliberating on various issues including health,
infrastructure, agriculture, energy and climate change - CCTV/CNTV 03/22/13: Read More
Infrastructure Construction &
Socio-Economic Development Funding - The Governing Board of the OPEC Fund for
International Development (OFID), meeting in its 142nd Session, has approved 16
loans and grants totaling over US$166 million to boost socio-economic
development in over 25 partner countries. The majority of the funding will
co-finance projects aimed at combating energy poverty, followed by loans to
help bolster the transportation and water supply and sanitation sectors - OFID
03/21/13: Read
List of Funded Projects by Country
World Economic Forum Report -
"Five Challenges, One Solution: Women" - From unprecedented
population ageing to increasing unemployment, from global leadership imbalances
to persisting conflicts, from resource scarcity to volatile global food
supplies, the world faces a series of interconnected challenges. The Global
Agenda Council on Women’s Empowerment aims to highlight how women’s empowerment
is a part of the solutions to these challenges - WEF 15/03/13: Read
More - Download Full 29 page, PDF Report: Five
Challenges, One Solution: Women
Water & Sanitation Projects OFID
Construction Funding Announced on World Water Day - March 22 marks the
observance of UN World Water Day, when a number of celebrations, high-level
forums, and awareness-raising events are held across the globe. The UN General
Assembly designated March 22 as the first World Water Day in 1993, and in 2010
the Assembly declared 2013 as the UN Year of International Water Cooperation.
OFID's most recent support was reflected at the 142nd session of its Governing
Board that held on March 20, when close to US$37 million was approved to help
fund two public sector projects aimed at raising living standards and improving
health indicators for beneficiary communities - OFID 03/22/13: Read
List of Funded Projects
2. North America
All America - ASCE 2013 Report Card
for America’s Infrastructure is Now Available - The American Society of Civil Engineers is
committed to protecting the health, safety, and welfare of the public, and as
such, are equally committed to improving the nation’s public infrastructure. To
achieve that goal, the Report Card depicts the condition and performance of the
nation’s infrastructure in the familiar form of a school report card—assigning
letter grades that are based on physical condition and needed fiscal
investments for improvement - ASCE 03/19/13: Access Details
All North America - The Equipment Leasing & Finance
Foundation March 2013 Monthly Confidence Index for the Equipment Finance
Industry - When asked to assess their business conditions over the next four
months, 21.9% of executives responding said they believe business conditions
will improve over the next four months, up from 20% in February. 71.9% of respondents believe business
conditions will remain the same over the next four months, down from 77.1% in
February. 6.3% believe business conditions will worsen, up from 2.9% the
previous month - ELFA 03/21/13: Read
More
All United States - About 138
Million Adults Would Like to Move to the United States Permanently - About 13%
of the world's adults -- or about 630 million people -- say they would like to
leave their country and move somewhere else permanently. For roughly 138
million people, that somewhere else would be the U.S. -- the No. 1 desired
destination for potential migrants. The U.K., Canada, and France also rank
among the top choices for potential migrants - Gallop 03/21/13: Read
Details
All United States - Looking for New
Customers? Think Global - Don't be intimidated by customs, language
translation, and currency exchange--exporting is easier than you think. Five
tips to get started - The Atlanta Journal Constitution 03/20/13: Read
5 Tips
All United States - Small Business
Ex-Im Express Export Credit Insurance - This short-term insurance policy helps
small businesses expand into new foreign markets, add new buyers, and transfer
all foreign buyer credit decision making to Ex-Im Bank at an economical cost.
It is a "named buyer" policy that simplifies small business access to
export credit risk insurance on their foreign accounts receivable. In addition
to providing payment risk protection and allowing the extension of competitive
credit terms to foreign buyers, the insurance also enables small businesses to
obtain lender financing of those receivables through the assignment of policy
proceeds. A streamlined online application provides a policy quote and credit
decisions up to $300,000 on foreign buyers within five workdays (buyer credit
requests exceeding $300,000 will require additional processing time) - Ex-IM
Bank 03/21/13: Read
Details
AZ, Bisbee - Water Collection
Construction Grant - The City of Bisbee, Arizona, is receiving a $761,000 grant
for the construction of a wastewater collection system in the community of
Tintown, located just a few miles south of downtown. The grant is being
provided by the U.S. Environmental Protection Agency (EPA) through the Border
Environment Infrastructure Fund (BEIF), which is administered by the North
American Development Bank (NADB) - NADB 03/18/13: Read
More
CA, Lexington - Elementary School
Construction Groundbreaking - With barely a divot of dirt turned, the
groundbreaking for the new Lexington Elementary School was mostly ceremonial.
But the symbolism marks the end of a decade-long quest for a new school serving
the Los Gatos mountain community. Mountain residents fought hard for the
school, which is expected to be completed by August 2014 at a cost of
approximately $24 million - Mercury News 03/18/13: Read
More
Canada, ON, Dryden - Bridge
Construction Contracts - The new Ontario Government is creating more than 90
jobs with improvements to three bridges east of Dryden. The projects include
the replacement of the Little Wabigoon River, Melgund River and Nugget Creek
bridges on Highway 17. L.H. North has
been awarded a $5.2-million contract to replace the Little Wabigoon River and
Melgund River bridges. Nor Eng
Construction & Engineering has been awarded a $3.8-million contract to
reconstruct the Nugget Creek Bridge - Ontario 03/19/13: Read
More
FL, Bay County - Army Reserve Center
Construction Project - The community of Bay County, Fla., will be getting a new
$6 million Army Reserve center which is expected to be completed by early 2014
and will house three transportation units and more than 100 soldiers. The
81st Regional Support Command, based at Fort Jackson, S.C., hosted the
groundbreaking ceremony, which brought representatives from throughout the Bay
County community and the Army Reserve - DVIDS 03/19/13: Read
More
FL, Palm City - Baseball Complex
Construction Plans - Construction on a project to build a baseball complex in
western Palm City could start this summer. The proposal calls for 4 ballparks,
a concession area, restrooms and maintenance infrastructure. Kevin Landry, the
county’s park planning and development administrator estimated the total cost
of the project at $3.8 million - TC Palm 03/22/13: Read
More
FL, Panama City - Marina
Redevelopment Project - City commissioners, Community Redevelopment Agency
(CRA) officials, staff and project team members celebrated Thursday afternoon
the groundbreaking of a $12.9 million project to redevelop the downtown marina.
The work is expected to take four years to complete - The News Herald 03/21/13:
Read
More
ID, Kootenai County - Landfill
Expansion Construction Contract - The commissioners voted to accept a $3.3
million bid from ACI
Northwest Construction this week, to expand the Fighting Creek Landfill by
11 acres - CDA Press 03/21/13: Read
More
IN, Lake Station - Water Treatment
Plant Construction Groundbreaking - A groundbreaking ceremony will be held at
10 a.m. Monday to mark the start of the first phase of the city's water
improvement project, Mayor Keith Soderquist said. The ceremony will be held at
2898 Union St., on an empty lot where the future treatment plant will be built.
Construction on the first phase will be handled by Thieneman Construction Inc.,
of Westfield. The Board of Works last year awarded a $7.7 million contract to
Thieneman - NWI 03/23/13: Read
More
LA, Greater New Orleans Area - 2014
East Bank Levee Budgets Swell - Thursday approved its budget for the fiscal
year starting July 1, as well as spending plans for the East Jefferson, Orleans
and Lake Borgne Basin levee districts, which it governs. The four budgets total
$80.4 million, more than double what the agencies expect to spend this year.
Much of the increase approved by the Southeast
Louisiana Flood Protection Authority-East is for construction projects that
will be paid for with federal disaster money, including $16 million for safe
rooms at Jefferson Parish pump stations and $8.3 million for safe rooms and
pump improvements in St. Bernard Parish - The Times-Picayune 03/21/13: Read
More
LA, Gulf of Mexico - Big Oil Find -
US firm Anadarko
Petroleum has announced what it calls a "potentially giant" oil
find in deep waters of the Gulf of Mexico. It said a second well, called
Shenandoah-2, dug off the coast of Louisiana confirms results from a first dig
and indicate "excellent quality reservoir and fluid properties."
"The successful Shenandoah-2 well marks one of Anadarko's largest oil
discoveries in the Gulf of Mexico," Anadarko senior vice president Bob
Daniel said in a statement issued Tuesday night - Economic Times 03/20/13: Read
More
LA, Gulf of Mexico - Offshore
Exploration Blocks Awarded - Eni was awarded five
offshore exploration blocks in the Gulf of Mexico. The blocks are located in
Mississippi Canyon and Desoto Canyon in water depths from 1,400 feet (around
400 meters) to 8,000 feet (around 2500 m) and they consolidates Eni’s acreage
position in two key areas in the Gulf of Mexico where the company currently
holds a total of 174 exploration leases - ENI 03/22/13: Read
More
LA, Gulf of Mexico - Offshore
Exploration Blocks Awarded - Statoil was the highest
bidder on 15 leases in the central region U.S. Gulf of Mexico lease sale today.
With the addition, Statoil will control more than 340 leases in the Gulf of
Mexico, further securing its significant lease holder position - Statoil
03/20/13: Read
More
LA, MS & AL, Gulf of Mexico - 39
Million-Acre Oil & Gas Lease Sale - Department of the Interior today held a
nearly 39 million-acre oil and gas lease sale for the Central Gulf of Mexico
that drew $1,214,675,536 in high bids for tracts on the U.S. Outer Continental
Shelf offshore Louisiana, Mississippi and Alabama. A total of 52 offshore
energy companies submitted 407 bids on 320 tracts, covering more than
1,722,191.42 acres. The sum of all bids received totaled $1,595,397,446. Each
high bid on a tract will now go through a strict evaluation process within BOEM to ensure the public
receives fair market value before a lease is awarded. Sale statistics for
Central Sale 227 will be available at http://www.boem.gov/sale-227/-
DOI 03/20/13: Read
More
MA, Chicopee - Senior Center
Construction Funding - The City Council approved the final funding for the senior
center, allowing construction to begin in early April. In total, the senior
center will cost $8 million to build - The Republican 03/23/13: Read
More
MA, Worcester - College Residential
Dorm Construction Groundbreaking - The $60 million dorm building will go up in
the residence hall area of campus, near Wasylean Hall. It will feature a new
dining hall which will be accessible to all students. Consigli Construction is overseeing the
project - Telegram 03/21/13: Read More
NC, Thomasville - Pump Station
Rehabilitation to Include Backup Generator - Thomasville City Council approved
two measures Monday that move the city closer to launching a rehabilitation
project at the North Side Pump Station on West Cooksey Road. The rehabilitation
project would cost close to $644,948, said Morgan Huffman, Thomasville's public
services director. City Council intends to award a bid for the project to Brushy Mountain
Builders, of Lenoir, to complete the project. "The heart of the project
is updating the electrical system of the station, including a back-up generator
and also upgrading the pump control system and motors on the pump,"
Huffman said - The Dispatch 03/18/13: Read More
NJ, Bernard Township - Town Hall
Emergency Generator Plans - In the aftermath of Hurricane Sandy, the Township
Committee is moving forward with plans to equip town hall with a new emergency
generator and a convertible shelter - The Bernardsville News 03/22/13: Read
Gas vs. Diesel Discussions
NJ, New Brunswick - Elementary
School Construction Groundbreaking - After seven years of being crammed into
trailers without a playground, students of A. Chester Redshaw Elementary School
were filled with glee that ground finally was broken on the reconstruction of
their school. Hall Construction was
awarded a $34.9 million design-build contract. It is working on the design with
Paulus, Sokolowski & Sartor Engineering
of Warren. Epic Management of
Piscataway is the construction manager for the $51.2 million project - My
Central Jersey 03/22/13: Read
More
New York - State Budget Provides for
Gas Station Backup Generators - The budget, set to be enacted next week, counts
on about $6 billion in federal Sandy aid. Some of the money will be used to
provide grants for gas stations to purchase or lease generators, install them
and rewire their stations if necessary. Officials said the New York Power
Authority would stockpile generators that stations could lease - News Day
03/22/13: Read
Details
NY, New York - Skyscraper
Construction Plans - Extell
Development Company has moved a small step closer to putting up the city's
tallest spire. On Tuesday, the Landmarks Preservation Commission unanimously
approved plans to demolish a section of the BF Goodrich building at 1780
Broadway. That decision will pave the way for Extell to do excavation and foundation
work on its second tower on West 57th Street. The first one at One57 is
currently well under way - Crains New York 03/19/13: Read
More
NY, Skaneateles - School Board
Capital Improvement Plan Includes High School Generator Discussions - Board of
Education member sat face-to-face poring over a list of 56 capital improvement
items to prioritize which are most likely to receive public support. If passed,
the $22.9 million project would break ground next summer, and continue over the
next four years. Also at the meeting, Pastel and Carlson inquired about
obtaining Homeland Security grant to fund a back-up generator. Bates said a generator,
estimated at $235,514, could be paid for by a federal grant along with building
aid money from the state. In a power outage, a generator would keep devices
such as intercoms, fire and smoke alarms, cafeteria freezers and other
emergency systems operable. In the event of a town wide catastrophe, the high
school serves as an emergency site - Auburn/Skaneateles Journal 03/19/13: Read
More
OH, Berea - 2013 Approved Budget
Includes City Hall Backup Generator - City leaders planned a 2013 budget that
protects its decreasing revenue while maintaining services and adding
equipment, where needed. Other projects include a City Hall backup generator -
Cleveland/Sun News 03/22/13: Read
List of Other Budgeted City Projects
PA, South Abington Township -
Wastewater Treatment Plant Construction Contracts - Construction on a $26.1
million wastewater treatment plant upgrade inched closer as officials accepted
bids from five contractors Wednesday. The contracts were awarded to Quandel Construction Group for general
construction, $20,374,500; O &
M Multi-Trade for plumbing, $416,491; Master Mechanical
Corp. for heating, ventilation and air conditioning, $1,130,000; G.R. Noto Electrical
Construction for electrical, $3,132,000; and Kriger Construction
for interceptors, $1,057,164 - The Times-Tribune 03/21/13: Read
More
SD, Sioux Falls - Surplus Budget
Funds & Law Enforcement Generator Need - The Sioux Falls City Council is
deciding how to spend a $1.8 million surplus left over from last year’s capital
budget, money that could go toward a variety of projects. Proposed projects
suggested by the department heads include law enforcement generator upgrades,
$800,000 - Argus Leader 03/24/13: Read
About Other Project Requests
TN, Oak Ridge - Uranium Processing
Facility Construction, Sub-Contracts - A couple of local companies have won
contracts to begin getting the site ready for construction of the Uranium
Processing Facility at the Y-12 National Security Complex. The UPF,
estimated to cost between $4.2 billion and $6.5 billion, has been billed as
potentially the largest construction project in Tennessee history. East Tennessee Mechanical, a small,
disadvantaged business, received a subcontract from B&W Y-12 — the
government’s managing contractor at Y-12 — to do electrical demolition at the
site. The value of the work is just under $500,000 according to Bridget Waller,
a spokeswoman for B&W.
Another subcontract was awarded to AVISCO, a
small, woman-owned business, to establish a “spoils area” to receive excess
soil at the site. The value of that work is just over $100,000, Waller said.
These contracts are just the start of what could become a flood of awards in
coming months and years - Knoxville Biz 03/22/13: Read
More
TX, Harlingen - Performing Arts
Center Backup Generator & Diesel Fire Pump Approved - The board also
approved a proposed cost for the addition of a backup generator, housing, unit,
and related items as requested by the City of Harlingen for the Performing Arts
Center at 3217 W. Wilson Road. The proposal was submitted by Journey
Construction Services. The changes will cost $97,547 - Valley Morning Star
03/20/13: Read
More
TX, Longview - Outpatient &
Emergency Health Center Construction Project - Good
Shepherd Health System expanded its presence in North Longview on Friday
while breaking ground on a new $20 million, 74,000-square foot facility - News
Journal 03/23/13: Read
More
TX, Presido - Solar Park
Construction Funding - The North American Development Bank (NADB), MIC Solar
Energy Holdings, LLC, and Chevron Energy Solutions are pleased to announce the
closing and disbursement of a US$35 million loan for the construction of the
Bryan Solar Park, a 10 megawatt (MWAC) photovoltaic solar park located near
Presidio, Texas. MIC Solar Energy Holdings LLC is a Macquarie Infrastructure Company
LLC subsidiary dedicated to the development, construction, and operation of
utility-scale solar facilities in North America. The electricity produced by
the project will be purchased by Bryan Texas Utilities (BTU), a
municipally-owned electric utility based in Bryan, TX - North American
Development Bank 03/19/13: Read
More
WI, Wauwatosa - Shopping Center
Construction Project - A groundbreaking for the Mayfair Collection shopping
center, in Wauwatosa, has been set for April 16 at the project site, east of
Highway 45 and north of W. Burleigh St. The project's developer, Chicago-based HSA Commercial Real Estate Inc., plans
to have the stores, including Nordstrom Rack, open by summer of 2014. Other
retailers will include Dick's Sporting Goods and Ulta cosmetics, with more
tenants yet to be announced. In the Mayfair Collection's $46.6 million first
phase, HSA plans to demolish part of the former Roundy's warehouse complex and
create 270,330 square feet of retail space split between renovated warehouse
space and new buildings - Journal Sentinel 03/20/13: Read More
3. Latin America & Caribbean
Barbados - Raw Milk Sanitation
Programme = Cold Chain Market - Local farmers will benefit from the Raw Milk
Sanitation Programme which is being undertaken by the Ministry
of Health, in collaboration with the Ministry of Agriculture - GIS
03/20/13: Read
More
Belize - (MSME) Micro, Small, Medium Size Enterprise Financing - The
Inter-American Development Bank and La
Inmaculada Credit Union (LICU) signed an agreement in Belize City on March
8, 2013 for a project designed to support social entrepreneurship and
integration through microfinancing and capacity-building for micro, small and
medium enterprises (MSMEs). The specific
purpose of the project is to contribute to economic diversification in the districts
of Orange Walk, Corozal and Cayo and has the overarching goal of improving the
standards of living of rural low-income communities in northern Belize. The
project will be financed through a US$1 million contribution from the
Multilateral Investment Fund (MIF), a member of the IDB Group, and by
additional counterpart contributions from LICU that will bring the total
project value to over US$1.38 million - MIF/IDB 03/18/13: Read
More
Brazil, Bahia, Salvador to Itaparica
island - Bridge Construction Public-Private Partnership (PPP) Tender -
Northeastern Brazil's Bahia state is one step closer to its 7bn-real (US$3.5bn)
public-private partnership (PPP) tender to build a bridge between state capital
Salvador and Itaparica island, a spokesperson for the state planning department
(Seplan) told BNamericas. "Bidding to construct the Salvador-Itaparica
bridge is expected in 1Q14," the official said - Business News Americas
03/21/13: Read
More
Chile - Water Project Investments - Aguas Andinas, the water utility
operating in Chilean capital Santiago, plans to invest over US$100mn in 2013,
chairman Felipe Larraín said on the sidelines of the Water Week Latinoamérica
event being held in Viña del Mar - Business News Americas 03.21/13: Read
About Planned Projects
Chile - Wind Farm Construction
Funding - Enel Green
Power, through its subsidiary Enel Latin America (Chile)
Ltda, has finalized with Banco Bilbao Vizcaya Argentaria Chile (BBVA) a loan
agreement for 100 million U.S. dollars intended to cover part of the investment
plan envisaged for the coming years in the country. ---- Enel Green Power, attraverso
la controllata Enel Latin America (Cile) Ltda, ha finalizzato con il Banco
Bilbao Vizcaya Argentaria Cile (BBVA) un contratto di finanziamento per 100
milioni di dollari statunitensi destinato a parziale copertura del piano degli
investimenti previsto per i prossimi anni nel Paese - La Stampa 22/03/13: Legga
più in italiano
Honduras, Puerto Cortes - Container
& Cargo Terminal Construction/Operations Contract - International Container Terminal Services
Inc (ICTSI) on Friday said its unit signed a 30-year contract to construct
and operate a container and cargo terminal in Honduras. n a disclosure to the
Philippine Stock Exchange, the port operator owned by Enrique Razon said its
subsidiary Operadora de Puerto Cortes SA de CV signed the contract for the
design, finance, construction, preservation, operation and exploitation of the
Container and General Cargo Terminal for Puerto Cortes in the Republic of
Honduras for a 30-year period – Inter Aksyon 03/22/13: Read
More
Mexico, Chiapas - Municipal
Infrastructure Investments - Almost 8 billion pesos for works will be used by
122 municipalities of the state. ---- Se destinarán recursos por casi 8 mmdp
para obras n los 122 municipios de la entidad - CMIC 21/03/13: Lea Más
en Español
Mexico, Oaxaca - Mine Expansion
Underway - A planned expansion to 1,500t/d throughput at Vancouver-based Fortuna Silver Mines, San
José mine in Mexico's Oaxaca state will be complete by the end of July, CEO
Jorge Ganoza told a conference call to discuss the company's 2012 financials -
Business News Americas 03/21/13: Read
More
Mexico, Oaxaca & Puebla - Wind
Power Construction Project Funding - Spanish
power company Iberdrola held three new projects in Mexico in 2013
contemplating an investment of 910 million dollars, and will be located in
Oaxaca and Puebla, the company said. ---- La
eléctrica española Iberdrola realizará tres nuevos proyectos en México en
2013 que contemplan una inversión de 910 millones de dólares, y estarán
ubicados en Oaxaca y Puebla, informó la compañía - CMIC 22/03/13: Lea Más
en Español
Mexico, Tabasco, Puerto de Dos Bocas
- Port Expansion - More than 120 million pesos is what will spend the Port Authority of Dos Bocas (API),
only in infrastructure development projects in the medium and long terms, and
200 million pesos as private investment which is a priority as well as the
acquisition of 50 new acres of land for the growth of the port. ---- Más de 120
millones de pesos es lo que invertirá este año la Administración Portuaria Integral de
Dos Bocas (API), tan solo en proyectos de desarrollo de infraestructura a
mediano y largo plazo, y 200 millones de pesos como inversión privada la cual,
es prioritaria al igual que la adquisición de 50 nuevas hectáreas de terreno
para el crecimiento del puerto - CMIC 20/03/13: Lea Más
en Español
Panama - (SME) Small, Medium Size
Enterprise Financing - The Inter-American Investment Corporation (IIC) has
signed a cooperation framework agreement with Nacional Financiera (NAFIN), a
development bank owned by the Mexican government that supports small and
medium-sized enterprises (SMEs). The agreement establishes a framework for
strategic cooperation, with a view to implementing the IIC’s FINPYME initiative
in Mexico. The agreement also seeks to promote and implement other initiatives
developed by the IIC and NAFIN to support private enterprise, specifically SMEs
- IIC 03/18/13: Read
More
Peru, La Libertad - Multipurpose
Agricultural, Irrigation & Power Tender Launched - Peru's private
investment promotion agency ProInversión
has launched the bidding process for the US$700mn multipurpose Chavimochic
project, as anticipated by BNamericas. The 25-year, co-financed, build, operate
and transfer (BOT) concession entails developing phase III of the project to
expand agriculture in the northeastern region La Libertad by some 66,075ha and
improve irrigation in another 78,310ha through the capture and distribution of
the Santa river's water, located in the southern part of the region. In
addition, the water resources will be used to feed run-of-river power plants
with total installed capacity of 68.1MW and potable water treatment facilities
able to produce some 4m3/s - Business News Americas 03/21/13: Read
More
Peru, Piura Region, Talara Province
- Wind Farm Construction Funding - OPIC Board approval today of $193 million in
financing for the first large-scale wind project on Peru’s power grid. From
OPIC’s perspective, working with an established American energy company such as
Contour Global – already
sponsoring groundbreaking OPIC projects in Togo and Nigeria – eased the process
significantly - OPIC 03/21/13: Read
More
Suriname - Road & Bridge
Rehabilitation Funding - OFID has signed a US$13.8 million public sector loan
agreement with the Republic of Suriname to co-finance the Meerzorg - Albina
Corridor Rehabilitation Program. On behalf of OFID, Ms Anajulia Taylhardat,
Director, Latin America, Caribbean and Europe Region, Department of Operations,
oversaw the countersigning of the agreement by Finance Minister HE Adelien H. Wijnerman.
The signature took place on the sidelines of the Inter-American Development
Bank Annual Meetings that held in Panama City, Panama. The 140 km-long
Meerzog-Albina Corridor is one of the country’s busiest corridors, which links
the capital Paramaribo with French Guyana - OFID 03/18/13: Read
More
Venezuela - New Hydrocarbon Tankers
& Shipyard Construction Plans - Venezuela's
state oil company PDVSA is strengthening its fleet with four new tankers
for hydrocarbons transport, the company said in a statement. PDV
Marina is currently working on the construction of oil tankers in
Argentina, Brazil, Iran and Portugal to gain experience in order to develop
shipyards in Venezuela - Business News Americas 03/22/13: Read
More
4. Asia & Oceania
All Africa - Large-Scale Hydropower
Projects Supported by AfDB to Transform Africa - On the African continent,
current low energy access rates and limited infrastructure development call for
urgent action. Recent studies estimate that 57 per cent of Africans are without
electricity. In 2012, at the 18th Summit of the African Union, African Heads of
State endorsed a set of priority energy projects to be implemented by 2020 as
part of the Programme
for Infrastructure Development for Africa (PIDA). The energy infrastructure
program focuses on major hydroelectric projects and interconnects the power
pools between countries to meet the forecast increase in demand - AfDB
22/03/13: Read
Details
Afghanistan, Nangarhar Province,
Bihsud District - Bridge Construction to Start Soon - Nangarhar Public Works
Director Rassoul Gul Faqir announced that the survey and design for the new
Behsud Bridge on the Kabul River have been completed and the construction
project of the bridge would be launched in March. The government has allocated
USD 2mn for the construction of several bridges in Nangarhar including the
Jandarma Bridge and the Form Hadi Bridge - Wadsam 03/22/13: Read
More
Afghanistan, Farah - Farah River Dam
Design Contract - The Ministry of Water and
Energy said on Sunday that a Pakistani company will do the survey and
design of the Farah River Dam, a $4 million project. The National Engineering Services Pakistan
(NESPAK) is expected to complete the project in 18 months. The ministry has
hailed the project as the first of its kind by a Pakistani company in
Afghanistan. About 545 large, medium and small dams will be built or
refurbished across the country. About 111 of these dams are a priority for the
ministry - Tolo News 24/03/13: Read
More
Afghanistan, Nuristan Province,
Parum - Small Air Port Construction Plans & Funding - The Afghan Ministry
of Transport and Civil Aviation is planning to build an airport in Parun,
center of the eastern province of Nuristan, in a bid to boost development in
the area. The cost for constructing Nuristan’s airport is estimated at $3.5
million. Of this, $2 million will be provided with aid from India and the rest
will be funded by the ministry - Wadsam 03/20/13: Read
More
Afghanistan, Tajikistan &
Turkmenistan - Railroad Trilateral Framework Construction Agreement -
Presidents of Afghanistan, Tajikistan and Turkmenistan on Wednesday inked a
trilateral framework agreement on the construction of a railroad following
talks in Ashgabat, the Presidential Palace in Kabul said. Under the deal,
experts from the three nations will work out technical details and financial
cost of the railway line within a month. Work on laying the track will begin in
July - Pajhwok 03/20/13: Read
More
Afghanistan to Turkmenistan - Power
Distribution Funding - The Asian Development Bank (ADB) has pledged a further
$200 million towards the development of Afghanistan's electricity network,
according to the state electric company
Brishna. Brishna officials Monday said
the money will be used to build and improve the electricity network in Logar
and Paktiya provinces, as well as help supply the transition of a 500 Kilowatt
electricity cable project from neighbouring Turkmenistan to Afghanistan - Tolo
News 18/03/13: Read
More ---- Read About MOF.af Power
Distribution Grant
Australia, QLD, Injune or Miles -
Gas Processing Plant & Integrated Complex Construction Plans - A West
Australian resource company says it is hoping a proposed billion-dollar gas
plant will be operational in Queensland within four years. Liberty Resources is planning to
develop a $4 billion integrated complex producing low-cost gas, electricity and
fertilizer - ABC 03/20/13: Read
More
Australia, VIC, Melbourne -
Skyscraper Construction Plans - Planning approval has been given for Australia
108, a 388-meter skyscraper in the Victorian city of Melbourne that will be the
tallest building in the southern hemisphere. The design, by Fender Katsalidis Architects (who also
designed Eureka Tower), will feature 108 floors of residential apartments,
recreation facilities, a "six-star luxury hotel" and a sky bar on the
top floor that resembles a glass cube suspended between two pillars near the
pinnacle - CNN 21/03/13: Read
More
Australia, WA, Timor Sea - Main
Electrical Contractor (MEC) Contract - ABB,
the leading power and automation technology group, has been appointed the main
electrical contractor (MEC) for a new semi-submersible central processing
facility (CPF) at the Ichthys oil and gas field in the Timor Sea off Western Australia.
The order is valued at $15 million. ABB was
awarded the MEC contract by the engineering, procurement and construction (EPC)
contractor for the central processing facility, Samsung Heavy Industries. When
completed in 2016 the CPF will be the largest offshore production facility in
the world - 4 Traders 03/21/13: Read
More
China - Airport Construction Plans -
Beijing plans to build a new airport in its southern suburbs in Daxing District,
which borders Hebei Province, according to a press briefing here on Tuesday.
Construction on the new airport is expected to start in 2014, said Shao Heng,
deputy chief of the government office of Daxing District.
Preparation for the construction work is underway. Meanwhile, an air
transport-related economic zone is also planned, with an investment of 84
billion yuan (13.39 billion U.S. dollars) - Xinhua Net 13/03/19: Read
More
China - Coalbed Methane Reserves
Increase Funding - China will earmark more funds and roll out favorable
policies to further exploit its coalbed methane reserves amid increased efforts
to step up new energy exploration, the central government has said. The Chinese
government will allocate more money from the central budget and encourage the
inflow of private capital for this emerging energy sector, according to an
industrial policy released online by the National Energy Administration on
Monday. China plans to complete the construction of two major production bases
in the country's central and western regions in 2015, and increase the number
to three to five in another five to 10 years - CRI 13/03/11: Read More
China - Power Consumption & Wind
Power Increase - China's power consumption will grow 7.5 percent to 5.33
trillion kilowatt-hours (kwh) this year, faster than the 5.5-percent growth
rate seen in 2012, an analyst predicted on Thursday. Electricity usage in the
primary, secondary and tertiary industries will expand by 5 percent, 6.5
percent and 11 percent, respectively, according to Xue Jing, an analyst with
the China Electricity Council. Thermal
power is expected to account for 80 percent of power generation this year,
while hydroelectric power will take a 16-percent share, Xue said, forecasting
growth of 22 percent in on-grid wind power - CRI 13/03/21: Read More
China - School Solar Systems, Flood
Control & Other Services Funding - The World Bank announced Thursday that
its board of directors has approved five loans totalling 620 million U.S.
dollars to China. The money will be used to install rooftop solar panels for
public schools in Beijing, fund low-carbon projects in Shanghai, improve a
flood control system in Jingdezhen and enhance public services in selected cities
and towns in the provinces of Jiangxi and Liaoning, according to a World Bank
press release - 13/03/21: Read
More
China, Shandong & Zhejiang
Provinces - Paints & Coatings Plant Construction Plans - Paints and
coatings giant AkzoNobel will invest 65
million euros (84 million U.S. dollars) to expand its surface chemical business
in the Chinese market. More than half of the investment will be used to
increase its output of amine products and build a worker-friendly environment
at China Resource (Boxing) Olecchemicals Co., Ltd. in east China's Shandong
Province, a spokesman with the Amsterdam-headquartered firm said on Thursday. AkzoNobel
has also decided to build new alkoxy facilities in Ningbo, where it already
owns a manufacturing base, bringing its total investment in the eastern Chinese
city to 400 million euros - Xinhua Net 13/03/21: Read
More
China, Tibet, Lhasa to Nyingchi -
Highway Construction Projects Funding - Southwest China's Tibet Autonomous
Region will invest 22 billion yuan (3.5 billion U.S. dollars) in transport
construction this year, a senior regional official said. A highway from
regional capital Lhasa to Nyingchi and four airport highways will be
constructed, according to Tashi Gyatso, head of Tibet Transport Department.
According to its transport development plan, 46.2 billion yuan will be invested
from 2011 to 2015, a 78 percent increase from the previous five years - Xinhua
Net 13/03/19: Read
More
India - Forward Looking Shale Gas
Policy - The Ministry of Petroleum and
Natural Gas is working on "a positive and forward-looking shale gas
policy" that will be presented to the Union Cabinet soon. If the signals
are to be believed, India will launch its first auction of shale gas blocks by
end-2013. The ministry has identified six basins for bids: the Cambay Basin in
the west, the Assam-Arakan Basin in the northeast, the Gondwana Basin in
central India, Krishna Godavari onshore, Cauvery onshore, and the Indo-Gangetic
Plain. Shale gas is also believed to be present in the sedimentary basins of
Rajasthan, Andhra Pradesh and the Damodar Valley. Though all shale deposits are
not ideal for exploration, a substantial potential for gas is expected to be
present in these basins - Business-Standard 03/21/13: Read
More
India - Highway Construction
Projects Underwriting Secured - Gammon
Infrastructure has secured underwriting for the financial closure of five
highways projects in Bihar, Andhra Pradesh, Madhya Pradesh, Orissa and Haryana,
which is likely to help the developer tie up funds easily and enable faster
pace of progress - The Hindu Business Line 03/22/13: Read
More
India, Delhi - Landfill Gas to
Energy Pilot Demonstration - The
Energy and Resources Institute (TERI) and Faculty
of Mechanical Engineering, Jamia Milia Islamia, conducted a pilot
demonstration on Thursday to capture and purify the gases released from the
Okhla landfill site in Delhi. India produces around 70 million tonnes of
municipal solid waste annually, of which less than five per cent is processed
scientifically. According to TERI, a 100 MW landfill gas power plant can save
greenhouse gases of approximately 988 tonnes of carbon dioxide equivalent
emission - The Hindu Business Line 03/22/13: Read
More
India, New Delhi - Mineral
Exploration Planned - Mineral
Exploration Corporation Ltd (MECL) today signed a memorandum of
understanding (MoU) with the Mines Ministry
for carrying 3,25,000 metre exploratory drilling in 2013-14 - The Hindu
Business Line 03/22/13: Read
More
India, Tamil Nadu, Chennai -
Development Project Planned - The 10-acre property belonging to HTL Ltd is set to be acquired by the
Chennai-based VGN Developers for a little over
Rs 270 crore, according to a reliable source. The property in Guindy, a prime
area with commercial and residential development in south Chennai has been on
the block for over six years now - The Hindu Business Line 03/22/13: Read
More
Indonesia, East Java & Lampung -
Drinking Water Supply Construction Projects Tendered - The Public Works
Ministry says that major water supply projects in East Java and Lampung with a
total investment of Rp 3 trillion (US$309 million) will start this year in the
hope of improving the quality of drinking water in the country. The ministry’s
BP SPAM (Water Supply Development System) head Rachmat Karnadi said both
projects had reached the tender process and the ministry was now selecting the
winning bids - The Jakarta Post 03/21/13: Read
List of Bidders
Indonesia, Riau Islands Province,
Batam to Bintan - Submarine Electric Cable Construction Contracts - State
electricity company PT Perusahaan Listrik
Negara is building submarine electric cable between neighboring islands of
Batam-Bintan in the Riau Islands province. The project will cost an estimated
Rp431 billion including Rp47.5 billion for over land cable to the capital city
of Tanjungpinang, PLN President Nur Pamudji said here on Thursday. PLN
cooperates with Viscas
Corporation of Japan and PT Karya Mitra Nugraha
in installing the submarine cables, Pamudji said - Antara News 03/21/13: Read
More
Indonesia, West Java, Cibitung -
Cosmetics Factory Construction Contract - Toiletries company PT Mandom Indonesia, a subsidiary of
Japanese Mandom
Corporation, will start the construction of a new factory this June in an
attempt to cope with growing demand in the country. Mandom Indonesia said on
Tuesday that it had awarded a construction contract worth Rp 390 billion (US$40
million) to PT Kajima Indonesia to build the
cosmetics plant on a 148,000-square-meter a plot of land in the MM2100
Industrial Estate in Cibitung, West Java - The Jakarta Post 03/20/13: Read
More
Marshall Islands - Tele-Com
Infrastructure Expansion Funding - The World Bank is giving the Marshall
Islands $3 million to upgrade the nation's patchy and outdated communications
network - ABC 03/20/13: Read
More
Mongolia, Gobi Desert, Khanbogd Sum
- Mine Development Expansion Funding - Rio Tinto, developer of Mongolia's Oyu
Tolgoi mine, has received commitments from banks of at least $3bn, according to
sources. This puts the company on track to raise the $4bn it needs to launch
the second phase development of the giant copper-gold deposit - Mongolia Economy
03/18/13: Read
More
Nepal - Hydro-Power Construction
Funding - A Loan Agreement between Kuwait Fund for Arab Economic Development
and Republic of Nepal has been signed today in Kathmandu whereby Kuwait Fund
extends a Loan in an amount of K.D. 5 million equivalent to about US$ 17
million to participate in the financing of the Budhi Ganga Hydropower Project -
KFAED 22/03/23: Read
More
Pakistan, Sind Province, Ghoro &
Keti Bandar - Wind Power Construction Project Funding - The Board of Directors
of the Overseas
Private Investment Corporation (OPIC) has approved $95 million in financing
for a wind power project poised to deliver much needed electricity to Pakistan.
The credit facility will help build a 50 Megawatt (MW) wind power plant in the
Ghoro-Keti Bandar Wind Corridor in south-eastern Pakistan, designed to generate
133 Gigawatt hours of emission-free electricity annually - International Herald
Tribune 03/23/13: Read
More
Philippines, Catanduanes Province,
Caramoran, Palumbanes island - A contractor of the National Power Corporation is set to
begin installation of a small diesel generator in isolated Palumbanes island in
Toytoy, Caramoran town, with the 237 houses to enjoy reliable power supply by
August at the latest. NPC Catanduanes plant superintendent Engr. Edwin Tatel
told the Tribune last week that by now, Power
Dimensions, Inc. might have already submitted its performance security and
signed the contract for the construction of power facilities in the island
under the agency’s Off-Grid Electrification Project. The contractor submitted a
bid of just over P6.5 million for the project, which is supposed to be
completed in 180 days - Catanduanes Tribune 03/21/13: Read More
Philippines, Mindanao Island, Davao
City - Mixed-Use Community Development JV - Alsons Development and Investment
Co., the holding company of the Alcantara
Group, and property developer Ayala
Land Inc. formed a joint venture to develop a 25-hectare property in Davao
City. Alsons Consolidated Resources said
in a disclosure to the stock exchange its prime property in Lanang District in
Davao would be transformed into an integrated and mixed-use community - Manila
Standard 03/23/13: Read
More
Philippines, Mindanao Island, South
Cotabato - Bunker-Fired Power Plant Construction Plans - Listed A Brown Co. Inc., through
wholly-owned unit Peakpower Energy Inc., will put up a 20.9-megawatt power
plant in Mindanao to serve the requirements of South Cotabato II Electric
Cooperative Inc., or Socoteco II - Manila Standard 03/21/13: Read
More
Philippines, Oriental Mindoro
Province, Puerto Galera - Wind Farm Construction Funding - A Singaporean fund
manager has invested in a wind farm that a Philippine company is putting up in
the resort-town of Puerto Galera. Under an agreement signed by Philippine Hybrid Energy Systems Inc (PHESI)
and Berkeley Energy of Singapore,
the latter will acquire 40 percent of the former's shareholdings. PHESI, in a
statement, said the equity investment will allow the company to pursue the
construction of a 16-megawatt wind farm in Puerto Galera, Mindoro - InterAksyon
03/22/13: Read
More
Philippines, Romblon Province,
Tablas island - Electrical Power Expansion & Supply Contract - Sunwest Water and Electric Co. Inc. won the bid to
supply power to Tablas island in Romblon and is preparing investments of P800
million to boost electricity output in
the area - Manila Standard 03/20/13: Read More
Vietnam - Infrastructure Development
Funding - On March 22, the Japan International Cooperation Agency (JICA) signed
the Japanese ODA Loan agreements totaling up to 175.025 billion yen (eleven
loan agreements in total) with the Government of the Socialist Republic of
Vietnam. The country has to improve environment for businesses and investments
and enhance international competitiveness, through structural reform of its
economy and administration, including improvement of the financial system as
well as infrastructures, in order to continue to achieve its economic growth
and mid and long-term macroeconomic stability - JICA 03/25/13: Read List
of Infrastructure Projects Supported by JICA
5. Europe
All East & South Europe -
Inter-Connection Infrastructure Funding - Energy and transport sectors in the
countries of the Eastern and Southern Neighborhood will be a key focus of new
EU funding approved by the European Commission. The EU Commission decided to
allocate 200 million euros to the Neighborhood
Investment Facility (NIF) with the objective of leveraging investments from
EU development banks. The planned investments will target energy and transport
projects establishing infrastructure interconnections between the EU and
neighboring countries - ANSAmed 19/03/13: Read
More
Croatia, Sisak - Steel Plant
Restoration Funding - The EBRD is supporting the efforts to restart production
at the steel factory in Sisak in central Croatia. The location has a long
history of steel operations and has been a major employer. The Sisak Ironworks
have been acquired by the Italian company Danieli
and their steel company ABS, currently embarking on a restructuring and
modernisation programme which the EBRD is supporting with a €20 million loan -
EBRD 18/03/13: Read More
Czech Republic - (SME) Small, Medium
Size Inovative Enterprise Financing - The European Investment Fund (EIF) and Komercni banka have signed a guarantee
agreement to support lending to small and medium-sized enterprises (SMEs) under
the Risk Sharing Instrument (RSI), a joint initiative of the European
Investment Bank Group and the European Commission. Following the agreement,
Komercni banka will be able to offer up to EUR 100 million of new loans to
innovative companies primarily in the manufacturing sector over the next two
years, enabling SMEs, to gain easier access to debt finance - EIF 18/03/13: Read
More
Czech Republic, South Moravian
Region, Dambořice - Underground Gas Storage Facility Construction Agreement -
In Prague Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Karel
Komarek, Chairman of the MND Group
Board of Directors inked an Agreement on a new underground gas storage (UGS)
facility construction in Damborice, South Moravia. The companies will invest
around USD 128 million in equal shares into the UGS facility construction -
Euro Pétrole 21/03/13: Read
More
France - Power Grid Upgrade Funding
- The European Investment Bank has agreed to participate in the financing of
seven high voltage and very high voltage power grid upgrading projects in
France over the period 2012-2016. This participation takes the form of a loan
totaling €500 million, of which a first tranche of €300 million was signed on
Wednesday 20 March 2013 between the EIB and RTE - EIB 20/03/13: Read
More
Norway, Central Norwegian Sea -
Smørbukk South Extension Project Starts - Statoil and the
partners in the Åsgard Unit have today decided to realise the Smørbukk South
Extension project. Smørbukk South Extension holds estimated recoverable
reserves of 16.5 million barrels of oil equivalent, and will be developed with
a new subsea template connected to existing infrastructure in the area -
Statoil 03/20/13: Read
More
Poland, Lubocino - Shale Gas Flow
Found - Poland's natural
gas giant PGNiG said that it obtained shale gas flow at its Lubocino-2H
borehole. The company added that testing was still in progress and that it is
yet uncertain how much gas the area holds. This should be specified within the
next few weeks, PGNiG's press officer Joanna Zakrzewska said - Warsaw Business
Journal 03/20/13: Read
More
Romania - Electrical Distribution
Investment - Enel Romania plans to invest
EUR 542 million in its energy distribution network in the country between 2013
and 2017 - Romania Insider 03/21/13: Read
More
Russia & The Commonwealth of Independent States
(CIS) - (SME) Small, Medium Size Enterprise Financing - The EBRD has passed
a conceptual Review of the DA VINCI
PRIVATE EQUITY FUND II. The Fund will make equity and equity-related
investments primarily in small and medium sized enterprises in financial
infrastructure sector of Russia and the CIS, with the objective of achieving
long term capital growth. The Bank’s participation will help mobilise
additional private sector investment in the Fund - EBRD 22/04/13: Read More
Russia, Moscow - Infrastructure
Funding - Moscow's Economic
Policy and Development Department plans to spend an additional 39 billion
rubles ($1.27 billion) on various infrastructure projects this year, Interfax
reported Tuesday - The Moscow Times 20/03/13: Read
List of Project Plans
Russia, Moscow - Pump Manufacturing
Plant Upgrade Funding - SME Bank (Vnesheconombank Group) funded project for the
development and modernization of mining and pumping equipment sold by JSC
"Russian mining and pumping Company" (JSC
"RGNK"). The total cost of the project amounted to 137 million
rubles, of which 115 million - funds SME Bank, given to the enterprise through
a partner program of financial support for SMEs. ---- МСП Банк (группа
Внешэкономбанка) профинансировал проект по развитию и модернизации производства
горно-шахтного и насосного оборудования, реализуемого ЗАО «Русская горно-насосная компания» (ЗАО «РГНК»).
Общая стоимость проекта составила 137
млн рублей, из них 115 млн - средства
МСП Банка, предоставленные предприятию через партнера Программы финансовой
поддержки МСП - МСП Банк 14/13/13: Прочитайте больше в
русском
United Kingdom - Budget 2013:
Infrastructure Spending Boosted by £3bn a Year - The government says it will
allocate an extra £3bn a year to infrastructure projects in the hope of
boosting economic growth. In his Budget speech, Chancellor George Osborne said
the increase would come into effect from 2015. The money will go towards new
roads, railways, power stations and other large-scale projects - BBC 20/03/13: Read
More ---- Read More on Small Business
& the UK Budget 2013 by Pwc
United Kingdom, England, Somerset -
Hinkley C Nuclear Plant Construction Gets Final Planning Approval - Energy
Secretary Ed Davey gave the go-ahead yesterday for the first of a planned new
generation of nuclear power plants in the UK. Mr Davey told MPs that he was
granting planning consent for French energy giant EDF
to construct a new nuclear power station at Hinkley Point C, in Somerset - This
is Cornwall 03/20/13: Read
More
United Kingdom - Shale Gas Support -
In order to encourage development of the UK shale gas industry, the Government
announced new measures to support shale gas exploration: Alan McCrae, head of
UK energy tax, PwC, said 20/03/13: Read
More
6. Middle East & Africa
All Africa - BRICS Development Bank Formation
Plans - During their meetings in South Africa, BRICS leaders are expected to
move forward with the founding of their own development bank. The bank will
fund infrastructure development in places such as Africa and give BRICS nations
a support network - VOA 03/20/3: Read
More
Armenia - (SME) Small, Medium Size
Enterprise Financing - The European Bank for Reconstruction and Development and
Ameriabank
CJSC have signed a financing agreement in the sum of $12 million, of which
$9 million will be directed to financing of small and medium sized enterprises
and $3 million to financing of the renewable energy and energy efficiency
projects in Armenia. The financing will be provided in either US dollars or
Armenian drams - Asbarez 03/20/13: Read
More
Botswana, Palapye - 120 MW Power
Station Lease Consideration - The Botswana
Power Corporation (BPC) could lease Morupule A power station to private
developers under one of two options currently being considered to resurrect the
mothballed 120 megawatt facility - Mmegi 19/03/13: Read
More
Congo, Offshore - Oil Development
Project to Start - Total
SA, Europe’s third-biggest oil company, will start development of the $10
billion offshore Moho Nord project in the Republic of Congo as part of a push
to raise production - Bloomberg
03/22/13: Read
More
Egypt - International Trade
Financing - The EBRD is partnering with Cairo
Amman Bank to help Jordanian companies engage more widely in international
trade so that they can grow further and contribute to the country’s economic
development. The EBRD has signed two agreements with Cairo Amman Bank establishing a US$ 35 million
trade finance facility to support international and intra-regional trade
transactions with tenors of up to three years for guarantees and 12 months for
cash advances - EBRD 18/03/13: Read
More
Egypt, Port Said - Industrial
Plastics Park Development Planned - TCI
Sanmar Chemicals will establish a plastic park at Port Said, Egypt. Besides
developing the infrastructure facilities, TCI Sanmar will provide technical and
commercial expertise for small and medium enterprises, said a press release.
SMEs can take up suitable area of land in the plastic park to produce
downstream products such as PVC pipes, profiles and calendars using PVC as the
raw material. The park will have all infrastructure facilities such as
developed land, roads, lighting and common waste-treatment facilities, said the
release - The Hindu Business Line 03/22/13: Read
More
Iraq - Oilfield Seawater Injection
Supply, Consultancy Contract - CH2M
HILL, a global full-service consulting, design, construction and operations
firm, announces that the company was selected by South Oil Company (SOC) of Iraq to
provide project management consultancy services for the Iraq Common Seawater
Supply Project. The contract is to manage the approximately US$3.5 to $4
billion Phase 1 of the Common Seawater Supply Project (CSSP), which involves
the treatment, transmission, and distribution of 5.2 million barrels of water
per day of seawater - The Wall Street Journal/Market Watch/Business Wire
03/21/13: Read
More
Niger - Rural Road Rehabilitation
Funding - The World Bank’s Board approved US$19.5 million for Niger to increase
transport access in its vast rural areas - World Bank 03/21/13: Read
More
Saudi Arabia & United Arab
Emirates - 3 Banks & 1 Utility Construction Contracts - Drake & Scull International PJSC said
it has been awarded contracts worth a combined Dh369 million to construct three
banking facilities in Saudi Arabia and a utility project in Abu Dhabi - Gulf
News 03/19/13: Read
More
Sierra Leone - Road Re-Construction
Funding - A Loan Agreement was signed today in Freetown between the Republic of
Sierra Leone and Kuwait Fund for Arab Economic Development, whereby the Fund
shall make a Loan of Kuwaiti Dinars four million (KD 4,000,000) (i.e. about US$
14 million) to help finance the Reconstruction of the Matotoka-Sefadu Road
Project in the Republic of Sierra Leone - KFAED 21/03/13: Read
More
Tanzania, Offshore - High-Impact
Natural Gas Discovery - Statoil
and co-venturer ExxonMobil
are pleased to announce their third high-impact discovery in Block 2 offshore
Tanzania in a year. The discovery of 4-6 trillion cubic feet (Tcf) of natural
gas in place in the Tangawizi-1 well brings the total in-place volumes up to
15-17 Tcf - Statoil 03/20/13: Read
More
Yemen - Road Construction Funding -
A Loan Agreement was signed today in Sana'a
between the Republic of Yemen and Kuwait Fund for Arab Economic
Development, whereby the Fund will provide a loan of Kuwaiti Dinars 15 million
(equivalent to about U.S.$ 50 million) to assist in the financing of the Rural
and Social Roads Project - KFAED 25/03/13: Read
More
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Your
Market Opportunities this week may appear under: 1 Global Economic Comment; 2
North America; 3 Latin America & Caribbean; 4 Asia & Oceania; 5 Europe;
6 Middle East & Africa
1.
Global Economic Comment
BRIC Countries to
Surpass the Aggregate GDP of US, European Nation by 2020 - Reflecting the
growing might of emerging markets, a UN report on Friday said that the combined
output of BRIC countries including India will surpass the aggregate GDP of US,
Canada and other European nation by 2020. "By 2020, the combined economic
output of three leading developing countries alone -- Brazil, China and India
-- will surpass the aggregate production of Canada, France, Germany, Italy, the
United Kingdom and the United States," said the 2013 Human Development
Report, prepared by United Nations Development Program (UNDP). BRIC includes
Russia as well - The Economic Times 15/03/13: Read
More ---- Access & Download Full UN
Report in Your Language
2. North America
AL, Mobile to Offshore Nigeria -
Subsea Umbilical’s Contract - Aker
Solutions has signed a contract with ExxonMobil for the supply of
subsea umbilical’s for the Erha North phase 2 development in Nigeria. The umbilical’s
will be designed, engineered and manufactured at Aker Solutions' facility in
Mobile, Alabama, in the US, supported by project management and engineering by
a local team in Lagos, Nigeria - Aker Solutions 03/15/13: Read
More
Alaska, Seward - Power Plant Upgrade
Grant Includes Generator Replacement - The Alaska Energy Authority (AEA)
awarded the city a $4 million grant to update and upgrade the generation plant,
which is used as a backup in the event of power outages occurring on the
regular system. The grant will purchase two generators to replace the old ones.
The building, used for electric department storage and some minimal offices,
was included in the project total - Seward City News 03/12/13: Read
About Other Projects
All United States - Agricultural
Boom Increases US Jobs - Students at U.S. colleges of agriculture are in high
demand due to an expanding and increasingly global farm economy - CNTV
03/08/13: Watch
CCTV News Video
All United States - Eye on the
Economy, Home Building Growth Ahead - Eye on the Economy is a National Association of Home Builders
(NAHB) newsletter that is published every two weeks and takes a larger view
of recent economic and housing policy news. Housing construction activity has
increased significantly over the last year across the three primary sectors of
home building: single-family, multifamily and remodeling. And that growth in
turn means good news for those businesses that support residential
construction, including building suppliers and other associated enterprises.
While the NAHB forecast for this year calls for additional growth, there are
likely to be monthly ups and downs along the way - NAHB 03/15/13: Read
More & Access Further Details
All United States - Export Markets,
‘Instant Credibility in a Foreign Market’ - Each year, OPIC holds Expanding
Horizons events around the country to educate U.S. small businesses about
investment opportunities in emerging markets – and the OPIC products available
to help make the most of them. This week, OPIC travels to Ohio, home state of DLZ Corporation, an engineering firm
that used a $5 million OPIC loan to rehabilitate a hydro power plant in India’s
Maharashtra State. Bolstered by that project’s success, DLZ has since gone on
to launch two more hydro projects in India. The Ohio company is just one
example of many U.S. small businesses that have successfully expanded into
developing markets around the world with OPIC’s support - OPIC 03/15/13: Read
Details ---- Link
to Upcoming OPIC Workshops
All United States - Small Nuclear
Power Plant Development Funding - The Energy Department today issued a new
funding opportunity announcement to help U.S. industry design and certify
innovative small modular nuclear reactors (SMRs). The Energy Department will
solicit proposals for cost-shared small modular reactor projects that have the
potential to be licensed by the Nuclear Regulatory Commission and achieve
commercial operation around 2025 - Energy.gov 03/11/13: Read
More
Canada, Offshore Newfoundland - Oil
Structure (EPC) Engineering, Procurement & Construction Contract - ExxonMobil Canada Properties
has released the option for Kvaerner's
joint venture company Kiewit-Kvaerner
Contractors to provide the full scope of engineering, procurement and
construction (EPC) services for the Hebron
Project gravity based structure (GBS). The contract value for Kvaerner's
share of the full EPC contract is approximately USD 1.5 billion and includes
work conducted to date on the Hebron project - Kvaerner 12/03/13: Read More
Canada, ON, Clarington - Nuclear
Plant Overhaul Project Approved - The planned multi-billion dollar refit of the
Darlington nuclear station has won environmental approval from the federal
nuclear regulator. Three years ago, the Ontario government estimated the
Darlington refurbishment would cost $6 billion to $10 billion. OPG says a final projected cost won’t
be known until a detailed plan is completed in 2015 - Ottawa Citizen 03/17/13: Read
More
Canada, ON, Petawawa - Canadian
Forces Base Petawawa Housing Contract - This spring construction will begin on
72 new housing units aimed at providing homes for the incoming personnel and
families of the Chinook medium-to-heavy helicopter squadron. Defense minister
Peter MacKay announced the $33.4 million project during a brief visit to the
base Wednesday. Wade
Construction Limited, of Petawawa, was awarded the contract for the initial
phase. DND anticipates tendering the next two phases by this June - The Daily
Observer 03/14/13: Read
More
CA, Sacramento-San Joaquin Delta -
Twin Tunnel Construction Details - Long-awaited details are emerging of the
Brown administration’s $18 billion effort to build twin tunnels underneath the
Delta, as officials launched the rollout of a complex array of preliminary
documents for the Bay
Delta Conservation Plan - Capitol Weekly 03/17/13: Read
More
CT, Norwalk - 2013 Budget Includes
City Hall Emergency Generator - Mayor Richard A. Moccia, ex-officio member of
the tax board, outlined his priorities within the draft capital budget,
including $700,000 for a new emergency generator at City Hall following recent
hurricanes - The Hour 03/14/13: Read
About Other Budget Projects
Florida - Florida Legislators Have
$3.5 Billion More To Play With This Year Than Last - State economists increased
projected tax revenues slightly at a meeting Friday, but the small increase is
unlikely to significantly change the outlook for legislative budget
negotiations that will soon begin in earnest. lawmakers will have more than
$3.5 billion more to work with this year than last. Even taking into account
likely policy decisions and budget increases, the state could have a surplus of
$1.1 billion - Flagler Live 03/17/13: Read More
FL, Miami South Beach to Pakistan,
Karachi - World’s Tallest Skyscraper & Mixed Use Construction Funding - US
real estate tycoon Thomas Kramer and CEO
Bahria Town Ahmed Ali Riaz Malik
signed a $20 billion agreement for Pakistan’s first ever Island City, Bundal
& Buddo Islands, Karachi, says a press release. Covering 12,000 acres of
land, this project will be developed in a span of 5-10 years but the
residential communities will start being handed over to the people in 2016. The
global attractions of the project include world’s tallest building, world’s
largest shopping mall, sports city, educational and medical city, international
city and a media city, all having the most modern facilities & amenities
and the most advanced infrastructure - The News 03/12/13: Read
More Details
IN, Utica to KY, Prospect - Ohio
River Bridge Funding - Indiana sold bonds Wednesday to pay for a bridge
connecting Utica, Ind., and Prospect, Ky. — the state’s share of the Ohio River
Bridges Project. The $677 million bond issue was higher than an anticipated
sale of $641 million because interest rates increased since the initial
offering statement, said Kendra York, Indiana’s finance director. That money
will help cover the $763 million construction cost, according to bond
documents. WVB East End Partners, a 24-member group of companies chosen by
Indiana to finance, build, operate and maintain the bridge, will contribute
nearly $82 million toward construction - Courier-Journal 03/14/13: Read
More ---- Read Indiana Gov. PDF File List of: Ohio River Bridges Partners
& Groups
MA, Boxborough - 1 School & 1
Well Pump Generator Purchases Planned - As approved by voters at Annual Town
Meeting last spring, Boxborough will purchase two new standby generators — one
for Blanchard Memorial School and one for the Hager municipal well. Town
officials continued to discuss recommendations for fuel options at a Board of
Selectmen meeting March 4 - Gatehouse News Service/Wicked Local 03/11/13: Read
More
MA, New Bedford - Marine Commerce
Terminal Construction Planned - Massachusetts Gets Aggressive on Offshore Wind.
The state is building a $100 million New
Bedford Marine Commerce Terminal to establish itself as the
"port" for the offshore wind industry. The specialized marine
terminal will be able to handle the massive turbines, blades, and other
components necessary for constructing wind farms at sea. Once constructed, it
will be the first facility in the nation designed to support construction,
assembly, and deployment of offshore wind projects - Energy & Capital 03/15/13:
Read
More
MA, Norton - Senior Center Generator
Gets Senator's Support - Last November, Norton selectmen reached out to local
legislatures seeking financial assistance to purchase a new generator for the
Woodland Meadows senior living complex. Upon hearing of the town’s plight, the
senator sent a letter off to the office of Government Affairs requesting
financial assistance for a new generator - Wicked Local Norton 03/12/13: Read
More
MO, Cabool - High School Storm
Shelter Construction Plans Include Backup Generator - Plans for a FEMA storm
shelter at Cabool High School were approved at the local level Monday night and
will now be sent to SEMA (State Emergency Management Agency) and FEMA (Federal
Emergency Management Agency) for their approval, a process that could take
several months. Sam Winn of Sam Winn & Associates reviewed the plans with
Cabool School Board March 11 - Cabool Enterprise 03/13/13: Read
More
NH, Hinsdale - Police Station
Construction Approved & Well Site Generator Discussion - By a 155-65 vote
at Saturday’s town meeting, residents got behind a warrant article to
appropriate about $1.1 million for the construction of a 3,828-square-foot
police station on Main Street across from town hall. A last-minute proposal by
water department Superintendent Dennis J. Nadeau to change the amount and purpose
of a generator for the Glen Street Well Site caught not only voters, but the
budget committee and selectmen by surprise - Sentinel Source 03/17/13: Read
More
NH, Milan - Town's Budget Includes
Water Pump Generator - The line item for government buildings is up, from
$45,000 in 2012 to $130,000 for 2013. The increase is to replace the generator
controlling the water pump at the river. The town hall is the town's emergency
management center and presently if there is a fire, the pump at the river won't
work - Berlin Daily Sun 14/03/13: Read
About Other Budget Projects
New Jersey - Gas Station Generator,
0% Financing Bill - A state Assembly committee passed a bill Thursday that
would create a two-year pilot program under which New Jersey gas stations could
get zero-interest loans to help keep their gas pumps pumping amid storms and
mass power outages. The bill before the Assembly Homeland Security and State
Preparedness Committee would authorize the Office of Emergency Management to
provide the loans, for a maximum term of 10 years, to pay for wiring gas
stations to generators. A single loan could not exceed $10,000 - Courier Post
03/14/13: Read
More
NJ, Bernards Township - Town Hall
Generator Planned - Tuesday night the Township Committee awarded a contract of
up to $18,400 to professional engineer Nancy C. Wohlleb of the firm Hatch Mott MacDonald for an engineering
design for a standby municipal generator powerful enough so Township
Administrator Bruce McArthur said it could power the entire building - Basking
Ridge Patch 03/12/13: Read
More
PA, Elizabeth Township - Town Hall
Generator Purchase Discussed - Elizabeth Township will be considering the
purchase of a generator for its township office and facilities, in light of
frequent power outages, and for emergency situations - Intelligencer Journal/My
Warwick News 03/14/13: Read
More
SC, Charleston - Gailliard
Auditorium Reconstruction Minority Contract – Skansa / Trident JV recently awarded to Horus Construction Managers of Tampa, Fla., the
largest contract to a minority owned firm ($13.4 million) given a Black-owned
firm in the history of the state or City of Charleston, says Minority Business
Enterprise Office Director Theron Snype. The contract for plastering, drywall
and masonry work in the $142 million Gailliard Auditorium reconstruction
project represents a game-breaking event for the company that could take it to
the next level in the construction arena, Snype said - Charleston Chronicle -
03/13/13: Read
More
TX, Waco - Supermarket Construction
Permit Granted - Grocery giant
H-E-B has secured a permit to build a $20 million store on South Valley
Mills Drive expected to open in the fall and become the largest in Waco, a
spokeswoman for the San Antonio-based chain
confirmed Thursday. Plans call for a 120,560-square-foot
main store, a 20,000-square-foot retail shell adjacent to it, a fuel station
and a carwash, said Bobby Horner, a plans examiner for the city of Waco, who
confirmed that drawings for the proposed grocery have been filed at Waco City
Hall - Waco Trib 03/14/13: Read
More
WA, Clark County - Community Housing
Construction Plans - National homebuilder Lennar
Corp. is establishing its first Clark County foothold, having all but
completed two of the 140 single-family houses it plans for communities
stretching from Camas to Ridgefield - The Columbian 03/17/13: Read
More
WY, Sheridan County - School
Emergency Generator Discussions - The Trustees for Sheridan County School
District #3 looking at the implementation of an emergency generator system for
the school - Sheridan Media 03/14/13: Read
More & Hear Audio Comment
3. Latin America & Caribbean
2013 Latin American and Caribbean
Macroeconomic Report - Rethinking Reforms: How Latin America and the Caribbean
Can Escape Suppressed World Growth. Global growth projections have waned since
last year and growth may be suppressed below potential for several years to
come. Lower global growth will, all things being equal, imply lower growth in
Latin America and the Caribbean. At the same time, clear limits to the
potential use of monetary and fiscal policy measures pose another constraint.
Consequently, countries should consider further structural reform measures to
enhance economic prospects and to escape suppressed global growth. If all
countries pursue reforms to enable growth to accelerate by 1.5% on average,
then the effect on the region as a whole may reach 2.3% additional growth per
annum - IDB 03/17/13: Read
More & Download PDF Copies of Full Report in English or Spanish
All Latin America & Caribbean -
Key Public & Private Sector Development Projects Additional Funding - China
to provide $2 billion for Latin America and the Caribbean Co-financing Fund.
First of its kind, the IDB-managed Fund will provide valuable additional
resources for key public and private sector development projects - IADB
03/16/13: Read
More
All Latin America & Caribbean -
(SME) Small, Medium Size Enterprise Financing - The Inter-American Investment Corporation (IIC) is
launching a new $80 million initiative for direct lending to small and
medium-sized enterprises (SMEs) in Latin America and the Caribbean. The
initiative will provide loans and technical assistance packages to help
export-oriented SMEs meet emerging international best practices in corporate
governance - IIC 03/16/13: Read
More
Belize, Orange Walk District, Indian
Church & San Carlos Villages - Potable Water Infrastructure Project to
Include Generator Installation - Indian Church and San Carlos in the Orange
Walk District will soon bid farewell to old water hand pumps and hand-dug wells
thanks to a Social Investment Fund project, which will supply quality, potable
water to both villages. The SIF project, which will be financed by the
Government of Belize at approximately $996,000 from a loan from the Caribbean
Development Bank (CDB), will address the water needs of both villages. The
project will include the construction of an elevated Ferro-concrete 20,000
gallon water tank in Indian Church, a pump house and installation of
submersible pump and chlorinator, installation of a generator and a 28,000 ft
network of distribution pipes - The El Guardian 14/03/13: Read
More
Bolivia, Rio Grande - LNG Plant
Design Build Contract - Yacimientos
Petrolíferos Fiscales Bolivianos (YPFB) has awarded the SENER - Ros Roca consortium, led by SENER, a contract to design and build
a liquefied natural gas (LNG) plant in the town of Rio Grande (Bolivia), which
will produce 210 tons per day and provide power supply to 140,000 households in
25 nearby villages - Sener 13/03/13: Read
More
Brazil, Offshore - Subsea Trees
& Associated Equipment Order - Cameron (NYSE: CAM) has
received an order totaling approximately $600 million for the supply of 47
subsea trees and associated equipment. The deliveries for the equipment,
destined for Pre-Salt and Post-Salt areas offshore Brazil, will commence in
2014. Cameron Chairman, President and Chief Executive Officer Jack B. Moore
said, “Cameron welcomes the opportunity to continue to support Petrobras. This order will be
supported by the expansion of our manufacturing capabilities in Brazil,
completed this quarter.” - Cameron 12/03/13: Read
More
Brazil, Paraná, Campina Grande do
Sul - Medical Equipment Manufacturing Plant Construction Funding - The BNDES
approved a $ 3 million to the BMR
Medical, a company that operates Paraná in healthcare, with a focus on
oncology. The transaction will enable the deployment of an industrial unit in
Campina Grande do Sul, Metropolitan Region of Curitiba, to manufacture medical
equipment. ---- O BNDES aprovou financiamento de R$ 3 milhões à BMR Medical, empresa paranaense que
atua na área de saúde, com foco em oncologia. A operação viabilizará a
implantação de uma unidade industrial em Campina Grande do Sul, Região
Metropolitana de Curitiba, para fabricação de equipamentos médico-hospitalares
- BNDES 11/03/13: Read
More
Brazil, São Paulo, Cubatão - New
18MW Co-Generation Plant Funding - BNDES approved funding of $ 67.6 million for
the Petrocoque SA, located in
Cubatão (SP), deploy a new cogeneration unit with electricity capacity of 18
MW. ---- O BNDES aprovou financiamento de R$ 67,6 milhões para a Petrocoque
S.A., localizada no município de Cubatão (SP), implantar uma nova unidade de
cogeração de energia elétrica com capacidade de 18 MW - BNDES 12/03/13: Read
More
Brazil, São Paulo - River Tietê
Sabesp Clean Up & Wastewater Treatment Funding - The President of the
National Bank of Economic and Social Development (BNDES), Luciano Coutinho,
president and Basic
Sanitation Company of the State of São Paulo (Sabesp), Dilma Pena, signed
on Friday, 15, contract funding of $ 1.35 billion. ---- O presidente do Banco
Nacional de Desenvolvimento Econômico e Social (BNDES), Luciano Coutinho, e a
presidente da Companhia de
Saneamento Básico do Estado de São Paulo (Sabesp), Dilma Pena, assinaram
nesta sexta-feira, 15, contrato de financiamento de R$ 1,35 bilhão - BNDES
15/03/13: Leia
mais em Português
Honduras, Puerto Cortės - Container
Terminal Construction Contract - International port operator International Container Terminal
Services Inc. is set to sign the $600-million port modernization contract
of Puerto Cortes in Honduras. The contract includes the construction,
financing, maintenance and operation of new container and cargo terminal -
Manila Standard 03/11/13: Read
More
Jamaica, St. Mary - Water System
Infrastructure Improvement Funding - Over 29,000 residents of eastern St. Mary
are to benefit from improvements to the water system serving their communities,
through $800 million in investment by the National
Water Commission (NWC) and Rural Water Supply
Limited (RWSL). Water, Land, Environment and Climate Change Minister, Hon.
Robert Pickersgill, who made the announcement in Port Maria, St. Mary, on
Friday, March 8, informed that the project, slated to commence later this year,
will entail extensive infrastructural works - JIS 12/03/13: Read Details
Mexico, Nayarit, Tepic to San Blas -
Road Construction Funding - The Governor of the People, Roberto Sandoval
Castañeda, held a working meeting in Mexico City, with the head of the
Secretariat of Communications and Transportation (SCT), Gerardo Ruiz Esparza,
who managed 375 million pesos that will be injected directly in the
construction of the road Tepic-San Blas. ---- El Gobernador de la Gente,
Roberto Sandoval Castañeda, sostuvo una reunión de trabajo en la Ciudad de
México,con el titular de la Secretaría de Comunicaciones y Transportes (SCT),
Gerardo Ruiz Esparza, con quien gestionó 375 millones de pesos que se
inyectarán directamente en la construcción de la carretera Tepic-San Blas -
CMIC 11/03/13: Lea Más
en Español
Mexico, Offshore Gulf of Mexico -
Deep Well Construction Project Management Contract - Petrofac’s Engineering &
Consulting Services business (ECS), in partnership with Doris Engineering of Houston (Doris), has been
awarded a project management contract by Petróleos Mexicanos (PEMEX) for
specialised technical assistance and supervision for the construction,
installation, commissioning, testing and start-up of deep-water subsea wells
and infrastructure for the Lakach project.
The scope will also involve drilling activities and tie-ins to existing
onshore facilities. Initially involving
around 25 engineers, based in Mexico and Houston - Petrofac 11/03/13: Read More
Mexico, Veracruz, Xalapa -
Hydro-Electric Project, Construction Contract - Odebrecht Construction of Brazil to build
hydroelectric project on the river La Antigua. The construction of the plant on
the river The Old involves investment of 7000 billion 400 million pesos and
will consolidate in three years, the president of the Metropolitan Development
Commission in Congress, Carlos Aceves Amezcua. ---- La construcción de la
hidroeléctrica en el río La Antigua implica la inversión de 7 mil 400 millones
de millones de pesos y se podrá consolidar en tres años más, informó el
presidente de la Comisión de Desarrollo Metropolitano en el Congreso, Carlos
Aceves Amezcua - CMIC 14/03/13: Lea Más
en Español
Nicaragua - (SME) Small, Medium Size
Enterprise Financing - The Inter-American Investment Corporation (IIC) and Banco de Finanzas S.A. (BDF) held
a ceremonial signing of a loan agreement for up to US$5 million, the proceeds
of which will go to benefit more than 180 small and medium-sized enterprises
(SMEs) in Nicaragua - 03/14/13: Read
More
Peru, Cusco Region - Natural Gas
Exploration Investment Plans - The Camisea consortium, which produces natural
gas from Peru's largest fields, plans to invest US$480 million in an
exploration project at its Block 88 natural gas field; local media reported the
lead operator of the consortium as saying. The Camisea consortium is made up of
Spain's Repsol, Argentina's Plus-Petrol and Tecpetrol, U.S.-based Hunt Oil, South Korea's SK Energy and Algeria's Sonatrach - Andina 14/03/13: Read
More
Venezuela, Orinoco Oil Belt - Crude
Production Starts - Nine months ahead of schedule in its development plan
Petrojunín Joint Venture starts oil drilling in the Orinoco Oil Belt.
Petrojunín The joint venture started production of heavy crude in the Junin
area assigned 5 of the Orinoco Oil Belt (FPO), where representatives of
Petróleos de Venezuela, SA (PDVSA) and Italian oil company ENI, together with
workers from the new development, the well ZJ5 activated the clump-0002 MPJ-01,
and took samples of the oil produced ---- Nueve meses antes de lo establecido
en su plan de desarrollo la Empresa Mixta Petrojunín inicia la extracción de
crudo en la Faja Petrolífera del Orinoco - RNV 03/13/13: Lea
Más en Español
4. Asia & Oceania
All Asia-Pacific - Asian Water
Development Outlook 2013 - More than 75% of the countries in Asia and the
Pacific are experiencing a serious lack of water security, with many of them
facing an imminent water crisis unless immediate steps are taken to improve
management of water resources, says a new study prepared jointly by the Asian
Development Bank (ADB) and Asia-Pacific Water Forum (APWF) - ADB 13/03/13: Read
More ---- Download 126 page, PDF ADB Report: Asian
Water Development Outlook 2013
Afghanistan, Hajigak - Iron Ore Mine
& 800-MW Power Plant Construction Funding Discussions - Next week will see
the heads of seven domestic steel makers meeting to chalk out ways to fund the
$10.8 billion Hajigak project in Afghanistan before discussing the financing issue
with Kabul later. The consortium led by state-owned Steel Authority of India (SAIL), that holds
20 per cent stake in the consortium, had bagged the mining rights for three
iron ore mines in Hajigak in November. It plans to invest $10.8 billion over
8-10 years to develop the mines as well as set up a 6.12 million tonnes per
annum steel plant and a 800-MW power plant - New Indian Express 15/03/13: Read More
Afghanistan, Northern Region - Power
Production Projects Funding - The German development bank Kreditanstalt für Wiederaufbau (KFW)
signed an agreement worth Euros 69 million with the Ministry of Water and Energy for power
production projects in northern Afghanistan. The KFW in-charge said 27 million
Euros would be spent for production of power in Samangan’s capital Aibank and
Mazar-e-Sharif while 42 million Euros would be utilized in Baghlan’s
Pul-e-Khumri city - Wadsam 03/14/13: Read
More
Australia to China - Australia is
Reliable Supplier of Resources for China's Growth - Australia has now firmly
established itself as a reliable supplier of the resources that sustain China's
growth, Minister for Resources and Energy Martin Ferguson said in a speech on
Tuesday, the Australia China Business
Council's (ACBC) Canberra Networking Day - Xinhua Net 03/12/13: Read
More
Australia, Barcoo & Diamantina -
Fibre Optic Construction Plans - Two remote Queensland councils say they are
continuing with a $20 million plan to get fibre optic laid to their outback
communities. The Barcoo and Diamantina shire councils say they will miss out on
the full benefits of the National Broadband
Network (NBN) unless they have fibre laid to towns like Birdsville and
Windorah, south-west of Longreach - ABC 03/14/13: Read
More
Australia, QLD, Bowen Basin -
Proposed LNG Plant Plans to Re-Cycle Water for Others Use - Arrow Energy says it is planning to
convert salty water generated by its proposed Bowen gas project in central
Queensland into fresh water that can be used - ABC 03/14/13: Read
More
China - Regions Selected for
Seawater Desalination Pilot Projects - The first batch of regions and companies
have been selected to carry out seawater desalination pilots, China's National Development and Reform
Commission (NDRC), the country's top economic planner, has announced. The
list includes the cities of Shenzhen and Zhoushan, Luxixiang Island in Zhejiang
Province, Binhai New Area in Tianjin, Bohai New Area in Hebei, and several
industrial parks and companies. The country aims to produce 2.2 million cubic
meters of seawater-converted freshwater per day by 2015, compared with 660,000
cubic meters in 2011, according to the 2011-2015 plan - Xinhua Net 13/03/13: Read
More
India, Andhra Pradesh, Siri City -
Greenfield Manufacturing Facility Plans - Isuzu Motors, the Japanese
car, commercial vehicle and heavy truck manufacturer, has agreed to set up its
Greenfield manufacturing facility for pickup trucks or light commercial
vehicles and sports utility vehicles in Andhra Pradesh, India's southern state,
to roll out vehicles by sometime late 2015. The Isuzu Deputy Managing Director
Shigeru Wakabayashi, said the project, involving an investment of Rs 1,500
crore over 5-7 years, would have an installed capacity of 1.2 lakh units, a
fourth of which would be exported - The Economic Times 15/03/13: Read
More
India, Bihar, Banka District,
Kakwara - Coal Power Plant Construction Site Recommended - The Central Electricity Authority has recommended
setting up of Bihar's first 4,000 MW ultra mega power project at Kakwara in
Banka district, saying that there are no environmental issues related to the
chosen site. As part of efforts to increase electricity generation in the
country, the government plans to set up 16 UMPPs in the country. Out of them,
four have already been awarded - Economic Times 15/03/13: Read
More
India, Odisha, Angul District - Coal
to Liquid Petroleum Development Project MOU - Jindal Steel and Power today said
it has signed a pact with Lurgi
for roping it in as the technology partner for its Rs 55,000 crore Coal to
Liquid project. JSPL's subsidiary, Jindal Synfuels, would develop the project
in Odisha's Angul district at a total cost of Rs 55,000 crore, Sharma said -
Economic Times 15/03/13: Read
More
India, Tamil Nadu, Neyveli &
Tuticorin - Coal Block Acquisitions to Supply Lignite Coal Thermal Power Plants
Expansion Plans - Neyveli Lignite
Corporation (NLC) is exploring the possibility of acquiring coal blocks
both in India and abroad, a top company official has said. On the ongoing
projects, he said currently, NLC was implementing a 500MW (2x250MW) lignite
based thermal power station-II expansion project at Neyveli besides a coal
based thermal power project with a capacity 1000MW (2x500MW) at Tuticorin in
association with Tamil Nadu Generation and Distribution Corporation (TANGEDCO).
On projects that are in the pipeline, he said a 4000MW, coal based thermal
power project at Sirkazhi in Tamil Nadu, a lignite based thermal power station
at Bithnok (250MW) in Rajasthan were planned - The Hindu Business Line
03/15/13: Read
More
Indonesia - 2013 Oil & Gas
Exploration Funding - Pertamina EP,
the upstream subsidiary of state-run energy firm PT Pertamina, has allocated US$300 million
for its exploration activities in 2013 to unearth new oil and gas reserves to
boost future production, an official said - The Jakarta Post 03/13/13: Read
More
Indonesia, Aceh Province, Nagan Raya
Regency & Aceh Barat Regency - Coal Mining Infrastructure Development
Funding - Listed energy company PT ABM
Investama (ABMM), through its subsidiary PT Reswara Minergi Hartama, secured
loan facilities amounting to US$150 million, which will be used to develop its
coal mining sites - The Jakarta Post 03/15/13: Read
More
Indonesia, Java, Bogor, Citeureup -
Cement Factory Construction Plans - Publicly traded cement maker PT Indocement Tunggal Prakarsa
said it is finalizing the feasibility study of a project to build two new
cement factories - Antara News 03/14/13: Read
More
Indonesia, Kalimantan & Riau
Province, Dumai - Palm Oil Expansion & Oleo-Chemical Plant Construction
Plans - The world’s second-largest oil palm plantation firm Golden Agri-Resources
Ltd. (GAR), part of the Sinar Mas
Group conglomerate, is earmarking US$550 million for capital expenditure
(capex) this year as it plans to acquire more concession areas and increase the
capacity of its refineries. Meanwhile, PT
Sinar Mas Agro Resources and Technology, a GAR subsidiary, is planning to
build a new oleo-chemical plant this year in an effort to diversify its
business. According to Sinar Mas Group managing director G. Sulistiyanto, the
$245 million plant will be located in Dumai, Riau province - The Jakarta Post
03/14/13: Read
More
Indonesia, East Java to Central Java
- Gas Pipeline Construction Funding - Pertamina Gas (Pertagas), a
subsidiary of state-owned oil and gas firm Pertamina,
will spend up to US$500 million this year to build a 267-kilometer gas pipeline
from Gresik, East Java to Semarang, Central Java, a company executive says -
The Jakarta Post 03/15/13: Read
More
Malaysia, Sarawak, Bintulu - LNG
Plant (EPC) Engineering, Procurement & Construction Contract - JGC Corp. (1963), a Japanese
engineering company, won a $2 billion contract from Malaysian state oil company
Petroliam Nasional Bhd.
to expand a liquefied natural gas plant in Malaysia. Under the engineering,
procurement, construction and commissioning contract, Yokohama, Japan-based JGC
will build an additional LNG plant at the Bintulu site in the east Malaysian
state of Sarawak by the end of 2015, it said in a statement - Bloomberg
03/13/13: Read
More
Pakistan, Karachi - Data Center
Project Contract - In line with the NBP President’s vision of technology at the
core of banking, National Bank of Pakistan
inked its Data Center Project on turnkey basis with Getronics (AGCN) Pakistan. The
project shall be an International Standards Certified Tier III Data Center
Project - Pakistan Today 03/16/13: Read
More
Pakistan, Karachi - World’s Tallest
Skyscraper & Mixed Use Construction Funding - US real estate tycoon Thomas Kramer and CEO Bahria Town Ahmed Ali Riaz Malik signed a
$20 billion agreement for Pakistan’s first ever Island City, Bundal & Buddo
Islands, Karachi, says a press release. Covering 12,000 acres of land, this
project will be developed in a span of 5-10 years but the residential
communities will start being handed over to the people in 2016. The global
attractions of the project include world’s tallest building, world’s largest
shopping mall, sports city, educational and medical city, international city
and a media city, all having the most modern facilities & amenities and the
most advanced infrastructure - The News 03/12/13: Read
More Details
Pakistan, Punjab, Muzaffar Garh
District - Irrigation Canal Construction Groundbreaking - On Friday, Water and Power Development Authority (Wapda)
initiated the Muzaffar Garh Canal Lining Project to control water logging in
Muzaffar Garh district, Punjab. The project is scheduled to be completed in two
years with an estimated cost of Rs8.66 billion. Earlier, the Wapda chairman
briefed that the project was of immense importance for agriculture development
in the country, as it will help reclaim about 400,000 acres of land for
cultivation in Kot Addu and Muzaffar Garh - International Herald Tribune
03/16/13: Read
More
Pakistan, Sindh Province, Tharparkar
District - Thar Coal Project & 300MW Power Plant Project Update - A special
meeting of the Sindh Cabinet presided over by Chief Minister Syed Qaim Ali Shah
here on Monday decided to expedite the progress on Thar Coal Project. The meeting was told
that a 300MW power plant has been included in the SECM joint venture. The
Cabinet unanimously approved the joint venture project between Engro Group and the Sindh Government -
Business Recorder 12/03/13: Read
More
Philippines - 60 Mini-Hydro-Power
Projects Planned - Hedcor
Inc., a unit of Aboitiz
Power Corp., plans to develop over 60 mini-hydropower projects nationwide
with a combined capacity of nearly 400 megawatts, its president said Thursday.
Hedcor president Rene Ronquillo told reporters at the sidelines of a forum
organized by the Philippine Association of
Small Scale Hydropower Inc. that the company received approval for more
than 20 projects from the Energy Department. It has around 39 more applications
for service contracts pending with the agency. - Manila Standard 03/15/13: Read
More
Philippines - Mining Moratorium
Lifted - The Government has approved the lifting of the moratorium on the
acceptance of applications for mining exploration permits. Mines and Geosciences Bureau (MGB) Director
Leo L. Jasareno requested the "lifting of the moratorium on the acceptance
of applications for exploration permit and financial or technical assistance
agreement (FTAA)." The moratorium on the acceptance of mining applications
will be lifted effectively March 18, 2013, the memorandum read - Business World
03/14/13: Read
More
Philippines, Luzon, Quezon City -
Orthopedic Center Upgrade Budgeted - The Department of Budget and Management
(DBM) has released P978.4 million to the National
Kidney and Transplant Institute (NKTI) to acquire property as part of the
government’s share in the public-private partnership (PPP) project for the
modernization of the Philippine Orthopedic Center. The P5.6-billion PPP
project, which will be implemented by the Department
of Health (DoH). It involves a 25-year contract for the construction as
well as operations and maintenance of a 700-bed hospital inside the NKTI
compound - Business World 03/12/13: Read
More
Philippines, Manila, Parañaque City
- Hotel & Casion Construction Plans - Belle
Corp. said Wednesday it closed the transactions with Melco Crown Entertainment Ltd.
to operate a $1-billion hotel and casino project in the country. The project
would be built in Belle’s property along Diosdado Macapagal Venue, fronting the
Pagcor Entertainment City complex in Parañaque City - Manila Srandard Today
03/14/13: Read
More
Philippines, Visayas & Luzon -
Electrical Transmission Construction Projects Required for New Power Plants - National Grid Corporation of the Philippines has
asked the Energy Regulatory Commission to immediately approve the construction
of two transmission projects in Visayas and Luzon with a combined cost of over
P16 billion to accommodate more power generating plants. National Grid plans to
build the P12.944-billion Cebu-Negros-Panay 230-kV backbone project and the
P3.1-billion Calaca-Dasmariñas 230-kV transmission line project - Manila
Standard 03/11/13: Read
More
Turkey, Istanbul - High Rise Hotel
& Residential Construction Project - Fairmont
Hotels & Resorts announced a new development in Istanbul, Turkey,
scheduled to open in 2016. The 210-room hotel willbe joined by branded
residences and is part of the Quasar Istanbul complex, a new mixed-use
development in the Sisli district - Balkans 15/03/13: Read More
Turkey, Sakarya & Ankara -
Tractor Manufacturing Plant Construction & R&D Funding - The EBRD is
considering a EUR 75 million long-term loan to Turk Traktor ve Ziraat Makineleri A.S.
to finance the construction of a tractor assembly plant in Sakarya and
investments in R&D, engine and transmission projects in the existing
facilities in Ankara - 13/03/13: Read More
5. Europe
A European Hotel Development Outlook
- The Europe hotel development pipeline comprises 850 hotels totalling 140,459
rooms, according to the February 2013 STR
Global Construction Pipeline Report. The total active pipeline data
includes projects in the In Construction, Final Planning and Planning stages
but does not include projects in the Pre-Planning stage. Among the countries in
the region, Kazakhstan reported the largest expected supply growth (+38.2
percent) if all 2,072 rooms in its total active pipeline open. Six other
countries expected room growth of more than five percent: Russia (+24.7 percent
with 20,866 rooms in the total active pipeline); Azerbaijan (+24.1 percent with
912 rooms); the United Kingdom (+8.2 percent with 42,077 rooms); Poland (+8.1
percent with 4,255 rooms); Romania (+6.8 percent with 1,850 rooms); and the
Netherlands (+5.2 percent with 5,283 rooms) - STR/Hotel News Now 13/03/13: Read
More
Croatia, Svilaj & Bosnia,
Gradiska - 2 Bridges Construction Planned - Croatian Transport Minister Sinisa
Hajdas Doncic and his Bosnian counterpart Damir Hadzic in Sarajevo on Wednesday
expressed expectations that the construction of two bridges over the Sava River
at Svilaj and Gradiska, to be co-financed by the two countries with the
supported by the European Commission, would start in June and at the start of
next year - Dalje 03/13/13: Read
More
Greece, Island of Corfu - Real
Estate Development Planned - Greece’s Hellenic
Republic Asset Development Fund has completed its first deal for public
land, selling the leasehold for plot of land on the island of Corfu to U.S.
investment firm NCH Capital for 23
million Euro. The U.S. investment firm, known for its investments in Russia and
Central Europe, won the bidding process for the right to develop more than 120
acres on the island of Corfu. The deal also included a 2.3 million Euro
earn-out clause. The privatization fund said it is in the process of tendering
four other projects - Balkans 12/03/13: Read More
Italy - (SME) Small, Medium Size
Enterprise Financing - The European
Investment Fund (EIF), UniCredit
and Federconfidi have signed the first Competitiveness and Innovation Programme
(CIP) securitisation agreement to support Small and Medium-sized Enterprises
(SMEs) in Italy. This transaction under the CIP initiative, helps companies in
Italy to have easier access to an additional EUR 60m of loans - EIF 13/03/13: Read
More ---- Legga
più in italiano
Latvia - Tops 2012 EU GDP Growth
With 5.6% - Keen to join the Eurozone next year, Baltic state Latvia said
Monday that revised data confirmed its economy grew by 5.6 percent in 2012, the
strongest level in the 27-member European Union for the second year running.
Strong results through the year by the farming and IT sectors along with a
revival in the building sector helped contribute to the upbeat figures, Statistics Latvia said - EU Business
11/03/13: Read
More
Romania, Bechet, Calarasi &
Dabuleni - Sewer & Water Infrastructure Expansion Contract - Romanian
utility Cia de Apa Oltenia SA plans to
upgrade and expand the water and sewage network in southern Romania under a
contract estimated at 67.3 million lei ($20 million). The company plans to
upgrade the water infrastructure in the southern towns of Bechet, Calarasi and
Dabuleni under a 12- month contract, according to a European procurement
document published today - Bloomberg Business Week 03/13/13 Read
More
Serbia - (SME) Small, Medium Size
Enterprise Financing - The EBRD is considering a senior loan of up to EUR 30
million to UniCredit Bank
Serbia JSC to be on-lent by UniCredit Bank Serbia to private SMEs in
Serbia. The proceeds of the loan will be used by UniCredit Bank Serbia to
provide medium and long-term financing to private SME companies for production,
investment, trade, services and working capital needs - EBRD 12/03/13: Read More
Sweden, Torsvik to Gashaga Brygge -
Tram Line Rehabilitation Contract - Veidekke
Entreprenad has been awarded a new construction contract in conjunction
with rehabilitation of the Lidingobanen tram line outside Stockholm. The
principal is Trafikforvaltningen, and the contract is worth approximately SEK
200 million excl. VAT - The Wall Street Journal/Market Watch/Thomson Reuters
03/13/13: Read
More
Ukraine - Nuclear Power Plants
Safety Upgrade Funding - The European Bank for Reconstruction and Development
has decided to participate in a comprehensive safety upgrade programme for the
operating nuclear power units of Ukraine with a €300 million loan. The
programme will bring the fleet of Ukraine’s nuclear power plants in line with
international safety standards, including those of the International Atomic
Energy Agency - EBRD 12/03/13: Read
More ---- Прочитайте
больше в русском
United Kingdom - Infrastructure
Construction Funding - Qatar is in talks with the UK government to invest up to
GBP£10bn (US$15bn) into key infrastructure projects, London's the Financial
Times reported, citing people involved in the negotiations. Potential projects
include energy plants, road and rail projects and the Thames 'super-sewer' under
London. Specific schemes discussed include a new GBP£14bn nuclear reactor in
Somerset - Arabian Business 14/03/13: Read
More
6. Middle East & Africa
20 African Countries - The African
Development Bank (AfDB) has launched Open
Data Platforms for the following 20 African countries: Algeria, Cameroon,
Cape Verde, Democratic Republic of Congo, Ethiopia, Malawi, Morocco,
Mozambique, Namibia, Nigeria, Ghana, Rwanda, Republic of Congo, Senegal, South
Africa, South Sudan, Tanzania, Tunisia, Zambia and Zimbabwe. The Open
Data Platform program is part of the AfDB’s recently launched “Africa
Information Highway” initiative aimed at significantly improving data
management and dissemination in Africa. Work is on course to complete platforms
for the rest of African countries by July 2013 - AfDB 13/03/13: Read
More
A Middle East & Africa Hotel
Construction Outlook - The Middle East/Africa hotel development pipeline
comprises 491 hotels totaling 120,524 rooms, according to the February 2013 STR
Global Construction Pipeline Report. The total active pipeline data
includes projects in the In Construction, Final Planning and Planning stages
but does not include projects in the Pre-Planning stage. Among the markets in
the region, Riyadh, Saudi Arabia, reported the largest expected supply growth
(+103.2 percent) if all 7,990 rooms in the country’s total active pipeline
open. Four other countries reported expected room growth of more than 20
percent: Jeddah, Saudi Arabia (+63.6 percent with 3,798); Muscat, Oman (+42.0
percent with 1,992 rooms); Abu Dhabi, United Arab Emirates (+38.0 percent to
7,189 rooms); and Dubai, United Arab Emirates (+26.3 percent with 16,588 rooms)
- STR/Hotel News Now 13/03/13: Read
More
Angola, Luanda & Lubango -
Military Hospital Construction & Air Base Re-Construction Contract -
Serbia’s Construction company Planum
from Belgrade that will be building several facilities worth about 1 billion
dollars in Angola, announced that it will involve almost all home companies
that can work on these projects. At issue is development of a military hospital
in Luanda of some 180,000 sq meters, reconstruction of an air-base in Lubango
with a new command center and a pharmaceutical factory with 5 centers for
packing and distribution of medicines in the biggest cities, stated Planum
Director General Ratomir Todorovic - Serbia-Times 03/11/13: Read
More
Ghana, Takoradi - Cement Plant
Expansion Funding - German-based Heidelberg
Cement has announced a $30 million investment to further expand its cement
capacity output in Ghana. The company on March 11, 2013 said it is currently
constructing a new cement mill with an annual capacity of 0.8 million tonnes at
its grinding plant in the port city of Takoradi in the Western Region of Ghana
- Ventures-Africa 03/15/13: Read
More
Jordan, Amman - Luxury Hotel
Construction Project Planned - A $1bn 475-room luxury hotel operated by Hilton Hotels, will be
co-developed by Onix Investments and Koni Konsultants, both from
Singapore and Koni Group of Orlando, in Jordan, the Jordan times reported -
Arabian Business 10/03/13: Read
More
Kenya - Electrical Substations &
Transmission Construction Funding - Kenya
Power has acquired a Sh5.1 billion loan from a South African bank to
finance the set-up of new electricity lines and construction of more substations
in the country - Nation 03/15/13: Read
More
Kenya - Renewable Energy Projects
Construction Funding - Kenya Power has
embarked on several renewable energy projects that will be fully funded by the
country’s treasury at a cost of US$6.5 million - ESI-Africa 14/03/13: Read More
Libya - 250MW Temporary Power
Contract - APR Energy,
a global leader in fast-track power, it has signed a new 250MW contract in
Libya to provide a turnkey power solution. The company says this represents the
largest contract in its history, and one of the largest single temporary power
contracts ever to be signed - Stock Market Wire 15/03/13: Read
More
Malawi - Irrigation and Road
Projects Funding - The African Development Bank (AfDB) Group approved, on March
13, 2013, grants and loans amounting to US $73 million to finance irrigation
and road rehabilitation projects in Malawi. AfDB 14/03/13: Read
More
Morocco - Rural Electrification
Funding - The European Bank for Reconstruction and Development (EBRD) is
supporting the Kingdom of Morocco’s drive to provide electricity access to all
its citizens through a €60 million sovereign loan to the Office National de l'Electricité et de l'Eau Potable
(ONEE) - EBRD 13/03/13: Read
More
Mozambique & Namibia -
Electrical Power Supply Contract - Aggreko,
the global provider of temporary power generation and other industrial
solutions, is set to supply 122 MW of gas-fuelled power from a new $200 million
interim plant at Mozambique’s Ressano Garcia.
Aggreko signed a Tri-Party Power Purchase Agreements (TPPA) with Eletricidade de Mocambique - EDM, Mozambique’s
power utility and NamPower,
Namibia’s power utility - Ventures-Africa 03/14/13: Read
More
Qatar - Infrastructure Projects for
2022 FIFA World Cup Worth $100 Billion - Head of a Qatari business association
has invited Turkish companies to mull opportunities in the Arab country's
projects to ready its infrastructure as the host nation of the 2022 FIFA World
Cup. "We have allocated $100 billion for the infrastructure projects in
our country in the next ten years. We invite Turkish companies for these
projects. Turkish companies will succeed in these projects with their
experience. At the moment 35 Turkish companies are actively working in
Qatar," Sheikh Faisal Bin Qassim Al-Thani, president of Qatari Businessmen Association,
told a Turkish-Qatari business meeting organized in Istanbul hosted by Turkey's
Foreign Economic Relations Board, or DEIK
- Anadolu Agency 14/03/13: Read
More
Saudi Arabia, Al-Khafji Offshore -
Infrastructure major Punj Lloyd Group today
said it has bagged a contract worth Rs 314 crore ($57.75 million) from
Al-Khafji Joint Operations for an offshore project in Al-Khafji, Saudi Arabia.
Al-Khafji Joint Operations is a joint operation of two companies, Aramco Gulf Operations
Company Ltd (AGOC) of Saudi Arabia and Kuwaiti Gulf Oil Company (KGOC),
for oil and gas exploration development and production in the offshore area of
the partitioned neutral zone between Saudi Arabia and Kuwait - The Economic Times
03/14/13: Read
More
Saudi Arabia, Makkah Province,
Thuwal - Substation (EPC) Engineering, Procurement & Construction Contract
- Saudi Arabia’s Nesma Electric has
announced that it has been awarded an EPC substation contract from Saudi
Electricity Company (SEC) valued at US $21.3 million. The deal will see the
firm build a 110/13.8kV substation at King
Abdullah University of Science and Technology (KAUST), that will be known
as Kaust-2 - Utilities ME 03/13/13: Read
More
Saudi Arabia, Riyadh - Water
Projects Construction Funding - Riyadh Gov. Prince Khaled bin Bandar is
launching projects costing SR 1.6 billion in April to add 200,000 cubic meters
of water per day for Riyadh. This follows the implementation of projects to
support water resources in Riyadh within six months by National Water Company
(NWC) - Arab News 03/18/13: Read
More
South Africa, Cape Town -
Mega-Housing Development Plans - A self-sustaining mega-housing development is
to be built in Cape Town in the next 10 to 15 years, it was reported on Friday.
The Cape Argus reported that the Wescape
Project was the city's biggest urban development project to date, and would
be built between Melkbosstrand and Atlantis, about 32 kilometres north of
central Cape Town. According to the report, the R140 billion development had
been sent to the provincial environment and planning department for approval -
i Africa 15/03/13: Read
More
Sudan - Energy Research Funding -
The African Development Bank (AfDB) and the Republic of Sudan on February 28,
2013 signed an agreement for a grant of US $0.34 million to the National Energy
Research Centre (NERC) to undertake Capacity Building and Assessment of Options
for Increasing Access to Energy in Sudan - AfDB 11/03/13: Read
More
Sudan - Oil & Gas Exploration -
Pakistan's two leading oil and gas exploration companies - Oil and Gas Development Company Limited (OGDCL)
and Pakistan Petroleum Limited (PPL) are
to start exploration and production activities in Sudan. This was stated by Dr
Asim Hussain Advisor to the Prime Minister on Petroleum & Natural Resources
and Awad Ahmed Algeez, Minister of Petroleum Government of Sudan, here the
other day. A high-level Sudanese delegation visited OGDCL and was welcomed by
Dr Asim. The minister said that within next two weeks a high-level delegation
of PPL and OGDCL will visit Sudan in this regard. Sudan is one of the promising
highly prospective countries having huge potential in oil and gas sector and
Pakistan was keen to acquire blocks in Sudan - Business Recorder 03/14/13: Read
More
Uganda, Western Region - Road
Infrastructure Funding - The Board of Directors of the African Development Bank
Group (AfDB) approved on Wednesday, March 13, a loan in the amount of US
$144.89 million in support of the Uganda road sector. The project will help
improve road access to socio-economic infrastructure as well as the quality of
road transport services to the western regions of the country by paving 135
kilometres of the Kigumba-Masindi-Hoima-Kabwoya road - AfDB 14/03/13: Read
More
United Arab Emirates, Dubai - 3
Construction Projects , Design Contract, Front End Engineering & Design
(FEED) Contract & (EPC) Engineering, Procurement & Construction Tender
Preparation Contract - Tebodin
is awarded with three contracts from DUGAS in Dubai. The Dubai Natural Gas Company Limited (DUGAS)
contracted Tebodin
for the detailed design of the expansion of the Methyl Tertiary Butyl Ether
(MTBE) plant. The consulting and engineering firm also received a contract for
the preparation of the Front End Engineering Design (FEED) and Engineering
Procurement Construction (EPC) tender package for the additional butane storage
facility - Tebodin 13/03/13: Read
More
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1.
Global Economic or Market Comments
Diesel Generator Set Outlook to 2018
- Diesel Generator Sets Will Reach 82 Gigawatts in Annual Capacity
Installations by 2018, Forecasts Pike Research. Using internal combustion
engines for distributed power production, diesel generator sets (gensets) are
among the fastest-selling, least expensive Distributed Generation (DG)
technologies in the world. Although they face increasing competition from
natural gas configurations, diesel-fueled gensets are poised for continued
growth in most regions and power classes. According to a new report from Pike Research,
a part of Navigant’s Energy Practice, annual installations of diesel gensets
will reach 82 gigawatts of capacity by 2018 - Business Wire 03/07/13: Read
More ---- A 13 page, Executive Summary of the report is available for free
download on the: Pike Research
Website
Emerging Markets Top 40 (PPPs)
Public-Private Partnerships - IFC, a member of the World Bank Group, and Infrastructure Journal today highlighted
the achievements of 40 public-private partnerships in emerging markets that
demonstrate best practices for governments that collaborate with the private
sector to provide a wide range of public services and spur economic
development. The partnerships, selected from projects nominated following a
global call for submissions, are featured in Emerging Partnerships: Top 40 PPPs
in Emerging Markets. The publication was produced by IFC and Infrastructure Journal with funding from
the Public-Private Infrastructure Advisory Facility, a multidonor trust fund
that provides technical assistance to governments in developing countries - IFC
03/04/13: Read
More
Global Geothermal Energy Plan - The
World Bank Calls for Global Initiative to Scale Up Geothermal Energy in
Developing Countries. The World Bank today announced a major international
effort to expand renewable power generation in developing countries by tapping
an underutilized resource: geothermal energy. The Global Geothermal Development
Plan’s initial target is to mobilize US$500 million. Donors can participate in
the GGDP by helping to identify viable projects, and through bilateral
assistance, as well as existing channels such as the Climate Investment Funds
(CIFs) or the Global Environment Facility (GEF). The GGDP would be managed by the World Bank’s
longstanding Energy Sector Management Assistance Program (ESMAP) - World Bank
03/06/13: Read
More
International Women’s Day: Six ways OPIC supports women around the world - Since
1987, the United States has recognized March as Women’s History Month, and
since the early 1900s, International Women’s Day has been observed all over the
world. This year’s theme, “The Gender Agenda: Gaining Momentum,” recognizes
that equality is an essential part of a modern progressive world. The theme is
particularly relevant to OPIC’s work
supporting projects that empower both men and women in the developing world. OPIC recognizes the critical role women play in
building stable societies and achieving economic growth. Much of the agency’s
work in microfinance and small and medium-sized enterprise lending have
supported female entrepreneurs and women-owned small businesses - OPIC
03/08/13: Read
6 Ways OPIC has Supported Women in Business
Rental Generator Market Outlook - Aggreko forecasts five years of
growth. Chief executive Rupert Soames said: "2012 has been a record year
and a very successful year." Its local business recorded a 41% surge in
profit, as it benefited from huge demand across South America, Africa and Asia
where many of the 60 offices the company has opened in the last five years are
situated - Herald Scotland 08/03/13: Read
More
World Agricultural Supply and Demand
Estimates Report (WASDE) = Cold Chain Markets - The World Agricultural Outlook
Board (WAOB) serves as USDA’s focal point for economic intelligence and the
commodity outlook for U.S. and world agriculture. The Board coordinates,
reviews, and approves the monthly World Agricultural Supply and Demand
Estimates (WASDE) report, houses OCE's Joint Agricultural Weather Facility, and
coordinates USDA's Agricultural Outlook Forum - USDA 03/08/13: Download 40
page, Full PDF Report: World Agricultural
Supply and Demand Estimates March 6, 2013
World's Most Ethical Companies -
Ethisphere is proud to announce the 2013 World's Most Ethical
Companies. This year's winners represent the companies that truly go beyond
making statements about doing business "ethically" and translate
those words into action. This year's WME honorees gathered from around the
world on March 5-6 at the Global Ethics Summit in New York City. At a special
gala dinner, Ethisphere announced the 2013 World's Most Ethical
Companies. The list of recognized companies can be found here - Ethisphere
03/06/13: Read More
2. North America
All United States - Construction
Employment Level Hits 3 Year High - The construction industry added 48,000 jobs
in February, the ninth consecutive month of job growth for the sector, as more
people are working in construction than at any point in the last three and a
half years, according to an analysis of new government data by the Associated General Contractors of America.
Association officials cautioned, however, that employment gains remain tenuous
and could be undermined if Washington officials fail to reach a deal on federal
investment levels later this month - AED News 03/11/13: Read More
All United States - Summary of
Commentary on Current Economic Conditions - Reports from the 12 Federal Reserve
Districts indicated that economic activity generally expanded at a modest to
moderate pace since the previous Beige Book. Five Districts reported that
economic growth was moderate in January and early February, and five Districts
reported that activity expanded at a modest pace. The Boston District said the
economy continued to expand slowly, and the Chicago District reported that
economic activity grew at a slow pace - Beige Book - March 6, 2013: Read
Full Report ---- Download 50 page PDF Full Report: Current
Economic Conditions 03/06/13
Canada, Alberta - New Budget Borrows
to Build Roads, Schools & Hospitals - The Alberta government -- squeezed by
falling oil revenues and a growing population -- has delivered a budget that
holds the line on day-to-day spending but borrows billions to build roads,
hospitals and schools - CTV News 03/07/13: Read
More
Canada, NS, Halifax - Arctic
Offshore Patrol Ships Engineering Contract & Ship Yard Upgrades - Ottawa's
plan to bolster the navy's fleet nudged toward the drawing board Thursday after
it signed a contract to design the next generation of Arctic offshore patrol
ships. The deal with Irving Shipbuilding of Halifax is worth an estimated $288
million and divides the design work into seven phases including engineering and
project management before the vessels can be built. Irving
Shipbuilding plans to spend $300 million to upgrade its shipyard including
building a steel fabrication facility, an assembly hall, piers and a launch
dock. The company secured a $260 million loan from the Nova Scotia government
for the project - Huffington Post 03/07/13: Read
More
Canada, ON, North Bay - Hockey Arena
Revamp Contract & Wastewater Treatment Plant Upgrade Plans that Include
Backup Generator - On Monday, March 4, city council awarded the construction
manager contract to overlook an estimated $10 million in renovations to
Memorial Gardens as part of the Brampton Battalion’s relocation to North Bay.
The job was awarded to M. Sullivan and Son Ltd., one of four firms to bid on
the work that came in with the lowest fee of 3.97 per cent. On the estimated
$10 million cost the fee would be $397,000. On Monday night, council also
approved more than $1.5 million dollars in upgrades and maintenance to the city’s
wastewater treatment plant, including more than $500,000 for a new generator -
North Bay Nipissing 03/07/13: Read
More
Canada, ON, Toronto - Hotel-Casino
Construction Plans - MGM
Resorts International laid it out plans last week for a $3 billion to $4 billion
investment should the company earn the rights to build a hotel-casino complex
in Toronto. MGM Resorts is in a 50-50 joint venture partnership with The Cadillac Fairview Corporation Ltd.
of Canada on the proposed resort that would be built on the Exhibition Place
grounds in Toronto - Las Vegas Review 03/10/13: Read
More
CA, San Francisco - Cultural Arts
Museum Construction Proposed - "Star Wars" filmmaker George Lucas
Proposes Billion-Dollar Art Museum for San Francisco - Art Fix Daily 03/10/13: Read
More
CT, Wethersfield - Town Seeks
Generator Grant - The town council voted unanimously Monday night to seek a
$245,000 state grant to help replace aging emergency generators at eight
municipal buildings, including town hall - Hartford Courant 03/05/13: Read
More
GA, Atlanta - Retractable-Roof
Stadium Construction Funding - Atlanta's mayor and Atlanta Falcons owner Arthur
Blank have agreed to financing terms for a $1 billion, retractable-roof stadium
to replace the 20-year-old Georgia Dome and keep the team's home games in the
city's downtown, the two men said Thursday - Sporting News 03/07/13: Read
More
IA, Des Moines - Iowa Business
Council Economic Outlook Improving - Iowa's biggest businesses are forecasting
slight increases in sales, capital spending and employment for the next
quarter, according to the latest report from the Iowa Business Council - Cedar
Valley Business 03/07/13: Read
More
IA, Lee County - Nitrogen Fertilizer
Tanks Engineering, Fabrication, & Erection Contract - Matrix Service Company announced today
that its subsidiary, Matrix Service Inc., has been awarded a construction
contract valued in excess of $60 million from OCI Construction Group,
the engineering, procurement and construction (EPC) contractor for OCI N.V.'s
wholly-owned subsidiary Iowa Fertilizer Company (IFCo). IFCo is a greenfield
nitrogen fertilizer complex located in Lee County, Iowa that is currently under
construction. The plant will produce up to 2 million metric tons per annum of
nitrogen fertilizers, including ammonia, urea, and urea ammonium nitrate (UAN),
as well as diesel exhaust fluid (DEF) - NASDAG 03/04/13: Read
More
IN, Clay County - Grant Extension
for Pump Station Generator - Emergency Management Agency Director Bryan Husband
explained to the commissioners a grant was extended for 30 days to purchase a
county generator. The generator would be used during power outages for sewer
lift stations, among other things, for Clay County and the city of Brazil.
Commissioner Tony Fenwick said they should be receiving price estimates for
generators this week - The Brazil Times 03/05/13: Read More
KY, McClean County - Emergency
Equipment Grant Includes Backup Generator - Some new emergency equipment is
coming to McLean County thanks to a grant worth nearly $150,000. Five new
warning sirens and a backup generator will arrive soon - WFIE 14TV News
03/08/13: Read More
LA, Westwego - City Hall
Construction Plans Include Generator Pad - The Westwego City Council on Monday
night gave engineers the green light to begin drawing up detailed plans for a
new City Hall, following a schedule that would put the municipal government in
a new facility by October 2014. The Federal Emergency Management Administration
will pay $3.6 million for the new facility, to replace the leaky, flood-prone
City Hall on Avenue A - The Times-Picayune 03/04/13: Read
More
MA, Bourne - Backup Generator
Purchase Discussions - Town Administrator Thomas Guerino’s suggested to the
finance committee that $900,000 worth of power generators should be bought via
capital borrowing. The issue of how badly Bourne needs new generators, where
they should be situated and how to pay for them has become a closely watched
issue; nearly a post-storm municipal autopsy of sorts, especially with at-risk
elderly and groups that rely on the Main Street Community Center - Bourne
Courier 03/04/13: Read
More
MD, Annapolis Junction - High
Performance Computing Center Construction Contract - With a completion date set
for 2015, the National Security Agency is close to starting construction on a
new High Performance Computing Center, set to be built on the former golf
course at Fort Meade. With a price tag of nearly $875 million, the center will
be the most expensive construction project yet on the Odenton installation.
More than half of the allotted money will go into the building itself. The
corps awarded the $564.7 million contract for the building this week to Hensel
Phelps/Kiewit Joint Venture, a development and construction partnership
based in Chantilly, Va. It will design and construct the building, and it was
given $57 million to get the project going - Capital Gazette 03/09/13: Read
More
MI, Flat Rock - Pump Stations
Generator Plans - City Engineer Russell Wittman said Department of Public
Services director, Bruce Hammond is looking at prices for a generator for use
at the city’s pump stations. He said the city also could use the generator at
Huroc Park during major events - The News Herald 03/09/13: Read
More
NC, Greenville - Sub-Station
Diesel-Powered Peaking Generator Request Approved - A summary of actions taken
at Monday’s City Council meeting included - Request for the installation of a
diesel-powered peaking generator station at Greenville Utilities Commission’s
Winterville Substation Site. Vote: Approved unanimously - Reflector 03/06/13: Read More
NJ, Pascack Valley - High School
Generator Budget Plans - The Pascack Valley Regional High School Board of
Education is planning to budget for a new generator for the Pascack Valley High
School. The new generator, estimated to cost $184,500, will replace two
generators at Pascack Valley High School in Hillsdale. They are between 25 and
40 years old and were labeled as "old and inadequate" by
Superintendent P. Erik Gundersen - Pascack Valley Community Life 03/07/13: Read
More
NY, Clarkstown - Additional
Generator Purchase Discussion - In the future, Public Works Administrator Ed
Lettre said a second new generator might be added. Gromack appointed a task force
to study Clarkstown’s emergency equipment needs including generators for town
hall, police headquarters and community centers - New City Patch 03/08/13: Read
More
NY, Long Island - Construction
Begins at Hunter's Point Affordable
Housing Complex - The last we checked in on the new affordable housing
complex (with 925 apartments, the biggest to be built since the 1970s) +
1,100-seat school + waterfront park + retail space planned for Hunter's Point
South in Long Island City, the zoning plan had just been approved. And today,
presided over by Mayor Mike... ta-da, ground was broken. Intricate details of the
two sites (one at 1-50 50th Avenue, the other at 1-55 Borden Avenue) in the
complex have also been released - NY Curbed 03/04/13: Read
More
NY, Long Island - Construction
Begins at Hunter's Point Affordable Housing Complex - The last we checked in on
the new affordable housing complex (with 925 apartments, the biggest to be
built since the 1970s) + 1,100-seat school + waterfront park + retail space
planned for Hunter's Point South in Long Island City, the zoning plan had just
been approved. And today, presided over by Mayor Mike... ta-da, ground was
broken. Intricate details of the two sites (one at 1-50 50th Avenue, the other at
1-55 Borden Avenue) in the complex have also been released - NY Curbed
03/04/13: Read More
NY, Malta - Research Hub
Construction Contract – Global
Foundries Inc. has awarded M+W U.S. Inc.
the contract to build a $2.1 billion research hub connected to its
computer-chip manufacturing plant in upstate New York - The Business Review
03/04/13: Read
More
NY, Niagara County - County Homeland
Security, Generator Grant - Last week, the County Legislature voted to use
homeland security grant money to buy a $124,000 generator to back up the entire
Philo J. Brooks County Office Building in Lockport - Buffalo News 03/09/13: Read
More
NY, South Nyack to Tarrytown -
Tappan Zee Bridge Construction Funding - Governor Andrew M. Cuomo announced
Thursday that a $1.5 billion TIFIA loan for the bridge project to replace the
Tappan Zee will move to next stage of the U.S. Department of Transportation
loan process - Rockland Times 03/10/13: Read
More ---- Tappan Zee
Constructors, are the Contractors
OH, Hudson - Safety Center Generator
Discussion - Council meeting agenda for Wednesday, March 6, 2013, at 7:30 p.m.
at Town Hall included Item E. 13-30 A resolution authorizing the city manager
to advertise for bids for the furnishing and installation of an emergency power
generator for the safety center. Executive Summary: With support from
Engineering and a consulting engineer, specifications have been developed for
the replacement and installation of a backup emergency power generator for the
Safety Center (Fire and EMS). We are requesting permission to go to bid -
Hudson Hub Times 03/04/13: Read
More
OR, Medford - Sewage to Electrical
Power Construction Project - A $3.1 million upgrade at the Medford sewage
treatment plant in Central Point will help converting gas from human waste into
energy. A new generator will produce about 10,500 kilowatt hours a month, or
enough energy to run 11 homes. In 10 years, the power output is expected to
rise because of increased methane production. A typical American home uses 958
kilowatt hours a month - Renewables Biz/McClatchy-Tribune Regional News/Damian
Mann Mail Tribune 03/05/13: Read
More
PA, Chester County - First Responder
Communications System Upgrade Contract - Harris
Corporation HRS has received a $42 million contract from Chester County,
Pennsylvania to deploy and maintain an emergency communications system that
will deliver superior coverage, interoperability with surrounding radio systems
and the capacity to meet future growth - The Wall Street Journal/Market
Watch/Business Wire 03/05/13: Read
More
3. Latin America & Caribbean
All CAF Member Countries & Spain
- (SME) Small, Medium Size Enterprise Financing - CAF development bank in Latin
America, today approved a loan amounting to $ 300 million for the Official Credit Institute
(ICO), for the financing of Spanish and Latin American SMEs. ---- CAF
–banco de desarrollo de América Latina– anunció hoy la aprobación un crédito
por importe de 300 millones de dólares a favor del Instituto de Crédito
Oficial (ICO), destinado a la financiación de PYMES españolas y
latinoamericanas - CAF 05/03/13: Lea
Más en Español
All Caricom Member Countries -
Renewable Energy Targets Set - The just-concluded Special Meeting of the
Council for Trade and Economic Development (COTED) on Energy has broken new
ground with the establishment of regional targets for the contribution of
renewable energy, such as, solar power, wind power, hydropower, geothermal
energy, bio-energy, to the total electricity generation in the Caribbean
Community (CARICOM). CARICOM Ministers with responsibility for Energy, who met
last week in Trinidad and Tobago, approved the initial regional targets for the
contribution of renewable energy to electricity generation at the national and
Community levels. Among the initial targets that have been set are: 20%, 28%
and 47% for years 2017, 2022 and 2027 respectively, for the contribution of
renewable energy to total electricity generation in the Community - CC
06/03/13: Read
More
All Latin America - Latin America
Regional Overview - The Institute of International
Finance published today the new edition of its Latin America Regional
Overview, at the conclusion of its 2013 annual meeting of Latin America Chief
Executives, hosted in Santiago by Banco de Chile - IIF 03/07/13: Read Report's Key Findings
All Latin America - Want to Go
Global? Try INTrade by IDB - Access to information is key in today’s globalized
world, especially for small and medium-sized companies seeking new markets for
their products. To succeed, these firms have to navigate a series of trade
agreements and regulations that economists have likened to being as messy as a
bowl of spaghetti. In fact, however, the quickest, easiest, and most
cost-effective way to find out about trade opportunities is only a click away
at INTrade, a
comprehensive free-access online gateway created by the IDB that brings
together information on trade agreements and tariffs along with many other
regulatory measures that can apply to exports in Latin American and the
Caribbean - IDB 03/04/13: Read
More ---- Access & Save: INTrade Website
Argentina, Buenos Aires Province,
Quilmes - Potable Water Plant Expansion Funding - Latin development bank CAF
has approved a US$121mn loan to back the 2012-15 development plan of Argentina's Buenos Aires state water utility
AySA. The plan includes the upgrade of Quilmes' General Belgrano potable
water plant, the city's second largest, in order to increase its capacity to
2.25Mm3/d from the current 1.9M3/d - Business News Americas 03/07/13: Read
More
Brazil, Mato Grosso do Sul -
Hospital, University & Road Infrastructure Funding - The BNDES approved a
U.S. $ 733.5 million to the State of Mato Grosso do Sul to enable the
implementation of the Programme of Support to Regional Development. The
operation, under the logistics lines - Modal Road and BNDES States, includes
road works, construction and expansion of university units, construction of
hospital and support for local production. collaboration financial BNDES
corresponds to approximately 60.6% of the projects, budgeted at U.S. $ 1.2
billion. ---- O BNDES aprovou financiamento de R$ 733,5 milhões ao Estado de
Mato Grosso do Sul para viabilizar a execução do Programa de Apoio ao
Desenvolvimento Regional. A operação, no âmbito das linhas Logística – Modal
Rodoviário e BNDES Estados, contempla obras viárias, construção e ampliação de
unidades universitárias, construção de hospital e apoio aos arranjos produtivos
locais. A colaboração financeira do BNDES corresponde a aproximadamente 60,6%
dos projetos, orçados em R$ 1,2 bilhão - BNDES 06/03/13: Leia
mais em Português
Brazil, Rio de Janeiro, Itaboraí -
Paint Factory Construction Funding - BNDES approved funding of $ 69 million to
Brazil Import Export and Jotun Paint Ltda. With the funds, the company will
deploy an industrial unit in Itaboraí (RJ), for production of solvent-based
paint. ----- O BNDES aprovou financiamento de R$ 69 milhões à Jotun Brasil
Importação Exportação e Indústria de Tintas Ltda. Com os recursos, a empresa
implantará uma unidade industrial em Itaboraí (RJ), para produção de tintas à
base de solventes, com capacidade de produção de 10 milhões de litros por ano -
BNDES 04/03/13: Leia
mais em Português
Chile, Atacama Desert - Monster
Telescope Construction Funding - The British government has pledged an £88
million investment in the project that will allow UK scientists and industry to
play a major role in construction and use of the telescope in Chile. The
observatory, known as the European Extremely
Large Telescope (E-ELT), promises to revolutionise many areas of astronomy
because of its unrivalled power. It is planned to have it completed by 2023 at
a cost in today's money of €1.1 billion (£946 million) - Wired 05/03/13: Read
More
Colombia, Norte de Santander, Cúcuta
- Potable Water Master Plan Funding - Colombia's
housing, cities and land ministry (Minvivienda) will invest 326bn pesos
(US$180mn) to carry out a potable water master plan in Norte de Santander
department's capital Cúcuta. The plan will expand the potable water coverage to
Cúcuta, as well as to the cities of Villa del Rosario and Los Patios, a press
release from the ministry reads - Business News Americas 03/08/13: Read
More
Honduras, Santa Ana - Wind Farm
Turbine Generators Funding - Pennsylvanian workers will assemble twelve
high-tech wind turbines for export, because the Export-Import Bank of the
United States (Ex-Im Bank) approved a $28.6 million direct loan to a Honduran
power company. The transaction helps to expand a project first supported by the
Bank in 2010, when its long-term financing of 51 x2.3MW U.S.-built turbine
generators established the Cerro de Hula Wind Farm in Santa Ana, Honduras. Gamesa Wind US, LLC, a technology firm
based in Trevose, Pennsylvania, will supply and export six each of its
high-efficiency model G-87 and G-97, 2.0MW turbines to generate electric power
in rural Honduras. Gamesa operates two facilities in the U.S., a blades
facility in Ebensburg, near Johnstown, and nacelle plant outside Philadelphia.
The project developer and borrower, Energía Eólica de Honduras S.A. (EEHSA),
will sell the electricity to the Central American nation's utility, Empresa
Nacional de Energía Eléctrica. EEHSA is a wholly owned subsidiary of Globeleq
Mesoamerica Energy, headquartered in Costa Rica - Ex-Im Bank 03/05/13: Read
More
Jamaica, Southern Trelawny - Infant
School Construction Funding - A $32 million contract for construction of the
Albert Town Infant School in Southern Trelawny and upgrading of the adjoining
primary institution, was signed on Thursday, February 28. The Jamaica Social Investment Fund (JSIF) is
implementing the project through its Community Investment Project (CIP), which
is funded by the Caribbean Development Bank. Work is slated to begin
immediately, and is scheduled to be completed in four months. The Albert Town
Benevolent Society is contributing some $4 million of the project cost - JIS
04/03/13: Read More
Jamaica, St. Elizabeth, New Town -
Early Childhood School Construction Funding - A new early childhood school is
to be constructed in New Town, near Black River, in St. Elizabeth, at a cost of
$20 million. The contract for the project was signed on March 7 by
representatives from New Town and the Jamaica Social
Investment Fund (JSIF), at the United Pentecostal Church in the community -
JIS 08/03/13: Read More
Mexico, Durango - Water
Infrastructure Construction Funding - Durango Governor Jorge Herrera Caldera
said that the state will invest 645 million dollars in water infrastructure,
authorized in the Expenditure Budget of the Federation 2013, but with the mix
of state and local resources, the amount will double further potable water,
treatment plants, macrotanque, dams and irrigation canals. ---- El gobernador
de Durango, Jorge Herrera Caldera, aseguró que en el estado se invertirán 645
millones de pesos en infraestructura hidráulica, autorizados en el Presupuesto
de Egresos de la Federación 2013, pero con la mezcla de recursos estatal y
municipales, el monto se duplicará para realizar más obras de agua potable,
plantas tratadoras, macrotanque, presas y canales de riego - CMIC 04/03/13: Lea Más
en Español
Mexico, Juarez - Convention &
Exhibition Center Construction to Start - Next week we will begin construction
of the Convention and Exhibition Center in Ciudad Juarez, on the premises of
the former Hippodrome, by applying an initial 30 million pesos, authorized by
the Federation, and whose validity ends in three weeks ---- La próxima semana
iniciará la construcción del Centro de Exposiciones y Convenciones de Ciudad
Juárez, en las instalaciones del antiguo hipódrómo, mediante la aplicación de
una partida inicial de 30 millones de pesos, autorizada por la Federación, y
cuya vigencia termina dentro de tres semanas - CMIC 08/03/13: Lea Más
en Español
Mexico, Nuevo Leon - Metrorrey
Transportation System Construction Agreement - The Ministry of Communications and Transport (SCT)
published the agreement by which work with the state of Nuevo Leon for the development,
construction and operation of the project line 3 Metrorrey Transport System.
---- La Secretaría de Comunicaciones y
Transportes (SCT) publicó el convenio mediante el cual trabajará con el
estado de Nuevo León para el desarrollo, construcción y operación del proyecto
Línea 3 del Sistema de Transporte Colectivo Metrorrey - CMIC 08/03/13: Lea Más
en Español
Mexico, Querétaro, El Marqués -
Industrial Park Construction Starts - Finsa laid the foundation stone
of the second Finsa Industrial Park in Querétaro, which will invest 1.130
billion pesos, in which 20 companies settle and generate a total of 15,000
direct and indirect jobs in the municipality of El Marqués. ---- Colocaron la
primera piedra del segundo Parque Industrial de Finsa en Querétaro, en el que se
invertirán 1,130 millones de pesos, en el que asentarán de 20 empresas y
generará un total de 15,000 empleos directos e indirectos en el municipio de El
Marqués - CMIC 06/03/13: Lea Más
en Español
Mexico, Sonora - Pork Production,
Cold Storage & Processing Expansion Funding - IFC, a member of the World
Bank Group, will lend $40 million to Norson
Holding, a leading pork producer and
processor in Mexico, to support the
company’s plans for expanding pork production and modernizing its facilities to
reduce their impact on the environment. Norson, based in Sonora, Mexico, is a joint
venture between Smithfield
Foods, the world's largest pork producer, and a group of local investors.
Over the next four years, Norson plans to expand capacity for production,
processing and cold storage, which will create business opportunities for local
small and medium pig farmers and create jobs in processing plants. It aims to
install plastic liners at waste lagoons, adopting a safer waste management
system that reflects the best industry standards and goes beyond the local
requirements - IFC 03/04/13: Read
More ---- Lea
Más en Español
Mexico, Tamaulipas, Altamira -
Thermoelectric Power Plant Reconfiguration Funding - The Federal Electricity Commission
(CFE) will invest $ 450 million in the reconfiguration of the
thermoelectric plant station located in Colonia Altamira, creating 200 jobs.
---- La Comisión Federal de
Electricidad (CFE) invertirá 450 millones de dólares en la reconfiguración
de la planta termoeléctrica de Altamira ubicada en Estación Colonia, generando
unos 200 empleos directos - CMIC 07/03/13: Lea Más
en Español
Peru - Mining Sector Outlook - The
growth outlook for mining exploration and production in Peru is an annual
average rate of 20 percent over the next years, Peru’s Energy and Mines Minister, Jorge
Merino said Monday - Andina 03/04/13: Read
More
Uruguay - Strategic International
Positioning Program Funding - The Inter-American Development Bank (IDB) has
approved a $550 million operation for Uruguay to fund the Program
for Strategic International Positioning, which aims to substantially
increase investment and exports by strengthening the regulatory and
institutional framework, promoting and facilitating trade, and boosting
entrepreneurial innovation - IDB 03/06/13: Read
More
Uruguay - Railway Revamp Plans - Uruguay's
National Development Corporation, CND, is reviewing two projects worth a
total of US$500mn to rehabilitate the national railway network. The initiatives
entail the revamping of the Chamberlain-Algorta-Fray Bentos and the
Montevideo-Río Branco lines through public-private partnership schemes (PPPs)
that could draw investments of "between US$400mn and US$500mn," a
statement by the transport and public works ministry, MTOP, reads - Business
News Americas 03/07/13: Read
More
4. Asia & Oceania
All (ADB) Asia Development Bank
Member Countries - Climate Change Strategies - The ADB/Asia Regional
Intergration Center has prepared a database of Climate Change Strategies that
allows researchers to gather information on climate change action plans of
select ADB member countries - ADB: Check Out Your Country
Afghanistan - Mining Program Funding
- The UK is to fund a £10m programme to help Afghanistan exploit its huge
natural resources, the prime minister has revealed. Estimates of what lies
underground in Afghanistan range from $1-3tn worth of gold, gems, iron ore, and
oil and gas. David Cameron announced the three-year funding to support the Afghan Ministry of Mines at an event at Downing
Street - BBC 07/03/13: Read
More
Afghanistan - Power Infrastructure
Projects Funding - Asian Development Bank’s country director Joji Tokeshi
signed an agreement with Afghan Finance
Minister Omar Zakhilwal on donating USD 200mn for power projects in
Afghanistan. The projects, including power transmission and distribution grid
development, are to be implemented in northern, central and eastern parts of
Afghanistan - Wadsam 03/06/13: Read
More
Afghanistan, Balkh City - Water
Supply System Construction to Start - Construction of a new water supply system
has begun in the ancient Balkh City, a large urban site west of Mazar-i-Sharif,
the capital of northern Balkh province, the German
Federal Ministry for Economic Cooperation and Development (BMZ) said on
Thursday. Representatives of Afghan Urban Water Supply and Sewerage Corporation
(AUWSSC), BMZ) and KFW Development Bank participated in the celebration. The
programme is implemented by KFW and the Afghan
Ministry of Urban Development Affairs (MUDA). After its completion AUWSSC
will operate the water supply system in Balkh City - Pajhwok 03/07/13: Read
More
Afghanistan, Kabul & Deh Sabz
District - Airport, Water & Road Expansion Projects Funding - Japan’s
Ambassador to Afghanistan Hiroshi Takahashi signed a fresh contract worth USD
116.9mn with Afghan Foreign Affairs Minister
Dr. Zalmai Rassoul for four key projects - Wadsam 03/05/13: Read
More
Afghanistan, Mazar-i Sharif &
Sandıklı Provinces - Gold Exploration Tender Award - Turkish company has won
four tenders for gold exploration in a 1,000-square-meter area in Afghanistan,
outbidding 70 contestant firms, Turkish Energy Minister Taner Yıldız said
yesterday during his visit to the country, adding that Turkish state-run oil company TPAO would
initially invest more than $100 million in the country - Hurriyet Daily News
03/05/13: Read
More
Afghanistan, Parwan Province -
Tunnel Renovation Contract - Afghan construction firm Omran Holding Company has won the tender to
work on improving the Salang Tunnel after Isaf granted $11 million for its
renovation, the Ministry of Public Works said Sunday - Tolo News 03/03/13: Read
More
Australia, QLD, Keppel Island -
Resort Development Permit Approved - The tourism industry says federal approval
for a $600 million resort development on Great Keppel Island, off Yeppoon, is a
milestone for central Queensland. On the southern part of the Great Barrier
Reef, the Great Keppel Island
Resort will include 750 villas, 300 apartments, a 250-berth marina and an
18-hole golf course. Federal Environment Minister Tony Burke has imposed 96
conditions on the proposal by Tower
Holdings. Construction for the resort is expected to require 1,500 workers
- ABC 03/06/13: Read
More
Australia, WA, Pilbara Region -
Mining Infrastructure Development, Project Management Consultant Contract - Parsons Brinckerhoff has signed an initial
contract as the Project Management Consultant (PMC) for Roy Hill Holdings Pty Ltd (“Roy Hill”), a
55Mtpa iron ore pit-to-port project in Western Australia’s Pilbara region. The
AU$10 billion project is currently undergoing the due diligence process with
international financiers to secure debt finance, with approval to proceed
targeted for mid-year - Balfour Beatty 05/03/13: Read
More
Cambodia - Rural Medium Voltage
Sub-Transmission Expansion Project Funding - OPEC Fund for International
Development (OFID) Director-General Mr. Suleiman J. Al-Herbish has signed a
US$10 million loan agreement with Cambodia for the Medium Voltage
Sub-Transmission Expansion Project. The aims of the project are to increase
electricity access in impoverished rural communities in five provinces (Kampong
Thom, Kampong Cham, Siem Reap, Kandal and Banteay Meanchey) in central Cambodia
- OFID 03/08/13: Read
More
China - 2013 Fiscal Budget - Budget
proposed to arrange the central fiscal revenue of 6.006 trillion yuan in 2013
increased by 7% ---- 2013年预算拟安排中央财政收入60060亿元
增长7%
- GOV.cn 13/03/08: 读更多用中文
China - 2013 Urbanization Plan -
China is likely to roll out a layout this year to guide the country's
urbanization drive to advance in an "orderly and healthy" way, a
senior economic official said Wednesday. The National Development and Reform
Commission (NDRC), the top economic planner, is coordinating related
authorities to compile the layout, which is likely to be issued in the first
half of this year, said Zhang Ping, head of NDRC, at a press conference - CCTV
13/03/06: Read More
China - Light Industry Outlook -
China's light industry saw double-digit growth in total output, export and
profits in 2012, the country's top economic planner said on Sunday. The National Development and Reform Commission (NDRC)
said in a statement that the total output of major companies in the light
industry sector expanded 18.2 percent year on year in 2012 to 18.05 trillion
yuan (2.87 trillion U.S. dollars) - CRI 13/03/03: Read More
China - (SME) Small, Medium Size
Enterprise Financing & Support - China on Friday unveiled a detailed plan
to support the country's small and micro-sized enterprises as they still face
many challenges. The plan was made to implement a guideline released in April
2012 by the State Council, or China's Cabinet, to support the healthy growth of
those companies, the Ministry
of Industry and Information Technology (MIIT) said in the plan posted on
its website - CRI 13/03/09: Read More
India, Andhra Pradesh, SriCity -
Indian Institute of Information Technology (IIIT) Construction Plans - Sri City, an integrated township on the
outskirts of the city, will soon house an Indian Institute of Information Technology (IIIT)
campus on its premises. "The approvals from the state government have been
obtained and the project now awaits clearances from the Centre," sources
said - Times of India 03/07/13: Read
More
India, Kerala - 50 Pico
Hydro-Electric Construction Projects Subsidy - To encourage power production
even from small streams in the state, subsidy will be provided for 50 pico
hydro electric projects which can produce power up to five KW. The Energy Management Centre (EMC) is
the implementing agency for the project for which the Union Ministry of New and Renewable Energy
will finance the subsidy - New Indian Express 10/03/13: Read
More
India, New Delhi - Thermal Power
Plants Renovation & Modernisation Consultancy “Expression of Interest (EoI)
Invited - The Central Electricity Authority
has invited applications from consultancy firms for providing expertise in the
field of renovation and modernisation to improve the efficiency of power
plants. “Expression of Interest (EoI) is invited from consultancy agencies for
being empanelled in CEA for undertaking consultancy job in the field of
renovation and modernisation of thermal power plants,” according to information
on the CEA Web site - The Hindu Business Line 03/08/13: Read
More
India, Odisha - 25MW Solar
Construction Plans - The Odisha Government has come up with yet another tender
for the purchase of solar power. As in the previous two occasions, the State
Government wants a developer to put up a 25-MW plant and sell power to the
state’s electricity distribution company at rates arrived at through a process
of competitive bidding - The Hindu Business Line 03/08/13: Read
More
India, Rajasthan, Barmer - Oil
Refinery Construction Plans - In what will be the biggest ever investment in
the state, the board members of Hindustan Petroleum Corporation Limited (HPCL)
approved the Rajasthan government's proposal to set up the 19th oil refinery of
the country in Barmer. The estimated cost of the project is likely to be
between Rs 36,000- Rs 40,000 crore - Times of India 03/06/13: Read
More
India, Tumkur to Hosur - Peripheral
Ring Road Construction Project Process to Start - The Chennai Bangalore
industrial corridor has got a shot in the arm with the Karnataka Government
starting the process of DPR (detailed project report) for the peripheral ring
road project between Tumkur to Hosur. This road will be in the proposed
Chennai-Bangalore corridor. "The process of DPRs is expected to be
completed by the year end and we are hoping to start road expansion from next
year," Dr Raj Kumar Khatri, principal secretary, infrastructure
development department, government of Karnataka said - Times of India 03/08/13:
Read
More
India, Uttar Pradesh, Khurja to
Bhaupur - Railway (EPC) Engineering, Procurement & Construction Contract -
The Tata Group has begun work on its first
major contract from the ministry of Railways. The contract was awarded in
January 2013. Group subsidiary Tata
Projects Ltd, through a joint venture formed with the 800-million-euro
Spanish civil construction company Aldesa Grupo, started work
on the eastern Dedicated Freight Corridor Project in March 2013. Specifically,
it is working on the 337 kilometre Khurja-Bhaupur stretch of the corridor,
entirely in Uttar Pradesh - Business Today 03/07/13: Read
More
Indonesia - (SME) Small, Medium Size
Enterprise & Hydroelectric Power
Plant Construction Financing - During the visit of the Chairman of the Islamic
Development Bank (IDB) Group to Indonesia last week, the Islamic Corporation
for the Development of the Private Sector (ICD), the private sector arm of the
IDB, signed two financing agreements with the country’s private sector in the
fields of SMEs (Small and Medium Enterprises) and power generation. The first
financing agreement, a syndicated Murabaha facility worth an amount of up to
US$ 50 million, was signed with PT
Mandala Multifinance Tbk (MMF) to support the Small and Medium Enterprises
(SMEs) in Indonesia. Also, the ICD CEO put his signature to a principal terms
agreement with PT Bajradaya Sentranusa (“BDSN”), the independent power producer
in Indonesia, for an amount of up to US$ 35 million under the existing facility
lead arranged by PT Bank International Indonesia Tbk (BII), Maybank Investment
Bank Bhd and PT Bank Maybank Syariah Indonesia (MSI). ICD is to join other
existing participating financiers in the transaction; PT Bank Bukopin Tbk and
Lembaga Pembiayaan Ekspor Indonesia (Indonesia Eximbank). Under the 10-year
facility, ICD has agreed to invest with the existing financiers and the
proceeds will be used to finance the construction of the 2x90 MW Asahan 1
Hydroelectric Power Plant in Sumatra west of the country - ISDB 04/03/13: Read More ---- Read Asahan No.1 Hydroelectric Power
Project Contractor Construction Details
Indonesia, West Sumatra, Lampung to
Aceh - Toll Road Construction Project Plans - State-run construction company Hutama Karya this year
expects to begin the development of a 2,700 kilometers toll road project
linking Bakahuni Port in Lampung to Banda Aceh in Nanggroe Aceh province as
part of the company’s toll road business expansion. The Trans Sumatra toll road
project is estimated to cost about Rp 351 trillion (US$36.15 billion) to build
- The Jakarta Post 03/06/13: Read
More
Micronesia - Coconuts to Bio-Fuel
Strategy - Moves to revitalise the coconut industry in the Federated States of Micronesia
could have far reaching implications for the rest of the Pacific Island
countries. Olivier Wortel from the energy group Vital-FSM PetroCorp says a
strategy to be worked out over the next few months will provide a clearer
picture of what might be achieved, but he says there is every prospect of
developing a modern and economically viable industry - Radio Australia
07/03/13: Read
More
Mongolia, Dornogovi Province,
Sainshand - Industrial Park Development Funding - The Cabinet meeting of
Mongolian government held on Saturday, March 02, discussed a number of critical
issues including the funding for the much awaited Sainshand industrial park.
The Minister for Industry and Agriculture
was tasked to make the necessary amendments in the related laws and regulations
so that “Sainshand Industrial Complex” LLC, a state owned company, is
established with at least 34% of its shares, owned by the government and the
rest to be distributed to private sector. Also, it was agreed that the
Development Bank finance MNT 14.1 Billion for environmental impact assessment,
urban planning and consulting services in 2013 - Business Mongolia 03/04/13: Read
More
Pakistan, Balochistan Province,
Quetta - 4.4 MW Hydro-Electric Dam Construction Starts - President Asif Ali
Zardari laid the foundation stone of Nolang Dam in Quetta to be constructed at
a cost of 18 billion rupees - The Frontier Post 03/01/13: Read More
Pakistan, Sindh, Thatta District,
Gharo - (2) 50MW Wind Farms Construction Funding - Fauji Foundation has entered
into an agreement for equity commitments of approximately Rs 6.0 billion, of
which around $20 million is being provided as foreign direct investment (FDI)
by CapAsia, Singapore, through the Islamic Infrastructure Fund. Fauji
Foundation in collaboration with Fauji
Fertiliser Bin Qasim, Tapal Group and CapAsia will establish two wind
energy farms of 50MW each in Gharo Sindh with an investment of $260 million -
Pakistan Today 08/03/13: Read
More
Pakistan, Sindh, Thatta District,
Jhimpir - 30MW Wind Farm Construction Plans - A conglomerate of three leading
business houses, namely Tapal Group,
Akhtar Group and Ismail Group, defying all odds have come forward to set up a
30MW wind power project on 200 acres of land. The project will be completed in
12 to 15 months. Leading companies of China, i.e. M/S Hydrochina
and Goldwind WTGS are project contractors - Business Recorder 03/01/13: Read More
Philippines, Antique Province,
Caluya - New Mine Site Preparatory Activities Permitted - The Energy Department
allowed Semirara Mining Corp. to
undertake preparatory activities at a new mine site in Caluya, Antique province
- Manila Standard 03/07/3: Read More
Philippines, Bataan Province, Limay
- Refinery Upgrade Funding - Petron
Corp. has raised $250 million from the issuance of dollar-denominated
securities, to add to the $500 million from a similar offering last Feb. 6,
proceeds from the latest transaction will also go to the upgrade of its
refinery - Business World 03/07/13: Read
More
Philippines, Cebu Province -
Mactan-Cebu Airport Bid - Megawide
Construction Corp. said Wednesday it teamed up with GMR Infrastructure Ltd., a leading
infrastructure and airport developer from India, to bid for the P17.5-billion Mactan-Cebu International Airport project -
Manila Standard 03/06/13: Read More
Philippines, Cebu Province, Toledo
City - Clean Coal Power Plant Construction Partial Funding - Toledo Power Co., a
unit of Global
Business Power Corp. (Global Power), has secured a P7-billion loan facility
to partially fund construction of its 82-megawatt (MW) “clean” coal-fired power
plant in Toledo City, Cebu, both firms' listed parent disclosed yesterday -
Business World 03/08/13: Read
More
Philippines, Mindanao Island - 400
MW Mine Power Plant Construction Contract - Alsons Energy Development Corp., a
unit of the Alcantara Group’s Alsons Consolidated Resources Inc., will put
up a $892-million, 400-megawatt dedicated power plant for Sagittarius Mines Inc.’s
Tampakan mining project in southern Mindanao - Manila Standard 03/05/13: Read
More
Philippines, Negros Occidental
Province, San Carlos City - 18 MW Bio-Mass Power Construction Funding - Biomass
Holdings Inc., a unit of listed firm Greenergy Holdings Inc., released P667.5
million to San Carlos BioPower Inc. to
start the construction of the 18-megawatt bagasse-fired power generation project
in San Carlos City, Negros Occidental next month - Manila Standard 03/07/13: Read More
Turkey - Power Plant Expansion Plans
- One of the fastest-growing energy companies in Turkey plans to build two new
units with a capacity of up to 600MW, at the gas-fired Hamitabat power plant,
following its successful bid for the 1.2GW state-owned plant on Wednesday
evening. A source at Limak
Dogalgaz Elektrik Uretim told ICIS shortly after the auction that it was
looking to invest an additional $1.2bn (€793m) if the sale is rubber-stamped by
prime minister Recep Tayyip Erdogan - ICIS 06/03/13: Read
More
5. Europe
Bulgaria, Dobrich to Silistra - Gas
Pipeline Construction Starts - Kiril Temelkov, CEO of state-owned gas
transmission operator Bulgartransgaz,
attended Tuesday the sod-turning ceremony of a gas pipeline connecting the
northeastern Bulgarian cities of Dobrich and Silistra. The first stage in the
implementation of the project includes the construction of an automatic gas
regulator station on the territory of the village of Kalipetrovo, according to
reports of state-owned gas supplier Bulgargaz, as cited by the Bulgarian
Telegraph Agency (BTA) - Novinite 03/05/13: Read More
Germany, East Frisia Region, Emden -
Gas Receiving Facility (EPC) Engineering, Procurement & Construction
Contract - An engineering, procurement and construction (EPC) contract to build
a new gas receiving facility in Emden has been awarded to Linde
Engineering Dresden GmbH by Gassco
on behalf of the Gassled joint venture - Gassco 07/03/13: Read
Details
Greece - 21 Regional Airports
Upgrade Funding - Twenty-one regional airports in Greece will be split into two
groups to be conceded to private investors for a period of about 30-35 years,
the government announced on Thursday, without saying how much the project was
expected to raise in state revenues. As daily Kathimerini reports, the plans
that Development Minister Costis Hatzidakis and state privatization fund
(TAIPED) chief executive Yiannis Emiris presented on Thursday generally provide
for airports on mainland Greece, the Ionian islands and Crete to comprise one
group, and others on the Aegean islands to make up the other. Tenders will
start immediately and concession contracts will last 30 to 35 years, with an
extension option. Crucially, investors will be able to utilize the area around the
airports by creating commercial parks. Private investors will be expected to
bring the airports up to the standard of Athens International Airport (AIA),
and Emiris stated that this would entail an investment of some 200 million
euros for each - ANSAmed 08/03/13: Read
More
Greece, Ionian Sea, Echinades
Islands - Qatari Palaces Construction Plans - Qatari Emir
Hamad bin Khalifa al-Thani has bought six privately owned Greek islands in
the Ionian Sea for a total of 8.4 million euros. One of the wealthiest men in
the world, the emir bought the isles in order to build palaces to please his 24
children and three wives, according to reports - Hurriyet Daily News 03/05/13: Read
More
Ireland - Outlook for Economy
Upgraded - For the first time in three years, Davy Stockbrokers has upgraded
its outlook for the economy, according to a briefing document issued this
morning. Davy upgraded its growth outlook for Ireland from 0.5% to 1.3% and
forecast 2.1% GDP growth for 2014. Davy chief economist Conall MacCoille said
it was the first time since he had joined the firm that it had upgraded its
growth forecasts for Ireland - Irish Examiner 03/04/13: Read
More
Norway, Norwegian Sea - Offshore
Fibre Optic Cable Procurement, Installation & Burial Contract - DeepOcean
UK, Ltd., a subsidiary of DeepOcean
Group Holding BV, today announced an award from Statoil for the Aasta
Hansteen fibre optic cable. The project includes procurement, installation and
burial of 140km of fibre optic cable in water depths up to 1300m. The Aasta
Hansteen project is the first deep water development in the Norwegian Sea -
Deep Ocean Group 08/03/13: Read
More
Serbia, Alibunar - 174 MW Wind Farm
Construction Project - WindVision
Operations Ltd., a Dutch- Belgian renewable energy developer and supplier,
expects its 174 megawatt project in Serbia to come on line in 2015. Work on two
wind farms of 99 megawatts and 75 megawatts near Alibunar in northeastern
Serbia is to begin by the end of the year at an estimated cost of 290 million
euros ($377 million), including a power line and a substation, WindVision’s
Serbian manager, Danilo Drndarski, said in a phone interview yesterday -
Bloomberg 03/05/13: Read
More
Slovenia, Sostanj - 600 MW Thermal
Power Plant & Infrastructure Construction Funding - The European Investment
Bank (EIB) and the European Bank for Reconstruction and Development (EBRD) have
moved ahead with their financial support for the construction of a
state-of-the-art TES Thermal Power Plant
and associated infrastructure in the city of Sostanj in Slovenia - EBRD
08/03/13: Read More
Spain, Alcorcon - Casino Resort
Construction Plans - Las Vegas Sands last month
announced it has squirreled away $3.6 billion in cash to begin building the
massive EuroVegas in Spain later this year. It wants to start construction on a
$9.8 billion, four-resort complex that would include casinos, 3,000 hotel rooms
and a stadium - The Morning Call 03/11/13: Read
More
Ukraine, Crimea, Chernomorske
District - Wind Far Funding Discussions - The European Bank for Reconstruction
and Development announced on March 7 that it is mulling providing finance to a
Turkish company planning to develop a wind farm in Ukraine. Alongside
International Finance Corp., the EBRD said in a statement that it is
considering offering a loan to Guris Holding,
which plans to build the project in Chernomorske district, Crimea. The loan
would fund the first 126MW phase. Guris, an Ankara-based construction company,
is considering using turbines from Spain's Gamesa Corp. (GAM) Tecnologica or
Germany's Fuhrlander
Aktiengesellschaft, the EBRD said - Balkans 08/03/13: Read More
United Kingdom, England, Devon -
Mine Processing Plant (EPC) Engineering, Procurement & Construction
Contract - Wolf Minerals Ltd.
(WLF.AU), a specialty metals company, said Wednesday it has awarded a 75
million pound EPC contract for the Hemerdon tungsten and tin project to GR Engineering Services Ltd. (GNG.AU) - MENA
FN 03/06/13: Read
More
United Kingdom, England, London -
Railway & Station Construction Contract - A contract in excess of £130
million to build two miles of the Crossrail route and an iconic new rail
station in South East London that will deal with thousands of commuters every
day has been awarded to leading international infrastructure group Balfour Beatty -
Balfour Beatty 07/03/13: Read
More
6. Middle East & Africa
Azerbaijan - Gas Processing Plant
Front End Engineering & Design (FEED) Contract - KBR (NYSE: KBR) today announced it was
awarded a contract by the State Oil Company of the Azerbaijan Republic (Socar) to provide PMC services
for the FEED Phase of the Gas Processing Plant (GPP) within the new Oil-Gas Processing
and Petrochemical Complex (OGPC) in Azerbaijan - KBR 03/07/13: Read
More
Azerbaijan, Baku - Olympic Stadium
Construction Contract - Turkish construction firm Tekfen has signed a deal with
Azerbaijani state-run oil firm Socar
to build the Baku Olympic Stadium for $640 million. The deal comes at a time
when the value of projects by Turkish contractors abroad has jumped nearly $5
billion in the last two months - Hurriyet Daily News 03/01/13: Read
More
Bahrain – U.S. Forces Support Contract
that Includes Power Generation & Waste Management - KBR (NYSE: KBR) today announced it has
been awarded a task order by the U.S. Army Rock Island Contracting Command
under its current Logistics Civil Augmentation Program (LOGCAP) IV contract.
The period of performance is one base year, plus four option years and is
valued at $53.5 million. Under the task order KBR will provide support to the
U.S. forces in the Kingdom of Bahrain. Services will include facilities
maintenance, operations and maintenance, food service, billeting, power
generation, and waste management. - KBR 03/04/13: Read
Details
Chad, Ngouri to Bol - Road Construction
Funding - A Loan Agreement between Kuwait Fund for Arab Economic Development
and the Republic of Chad has been signed
in N’Djamena whereby Kuwait Fund extends a Loan in an amount of K.D. 5
million equivalent to about US$ 17 million to participate in the financing of
the Ngouri - Bol Road Project - Kuwaiti Fund for Arab Economic Development
07/03/13: Read
More
Ghana, Accra - Trauma & Acute
Care Centre Construction Funding - A Loan Agreement was signed in Accra between
the Republic of Ghana and Kuwait Fund for Arab Economic Development, whereby
the Fund will provide a loan in the amount of KD 4,500,000 (Equivalent to about
US$15.3 million) to assist in the financing of the Trauma and Acute Care Centre
at Korle-Bu Teaching Hospital Project (Phase
1 – A) in the Republic of Ghana. The total cost of the project including taxes,
fees and interest during construction is estimated at about Ghanaian Cedi 73
million - Kuwaiti Fund for Arab Economic Development 10/03/13: Read
More
Iran, Hormozgan Province - Gas
Condensates Refinery Construction Funding - Iran has allocated 2.1 billion Euro
so far in establishing the Persian Gulf Star gas condensates refinery in
southern Hormozgan province, IRNA quoted Hormozgan Province governor general
Ebrahim Azizi as saying. The refinery is the largest gas condensates refinery
in the world - Tehran Times/Payvand Iran News 03/10/13: Read More
Jordan - (MSME) Micro, Small, Medium
Size Enterprise Financing - Micro, Small and Medium Entrepreneurs in Jordan
Supported by $70 million to Foster Private Sector-Led Growth. The $70 million
Micro, Small and Medium Enterprise (MSME) Development for Inclusive Growth
Project, approved by the World Bank Board of Executive Directors today, aims to
improve financial intermediation in Jordan for both new enterprises and those
existing entrepreneurs struggling with sources of finance - World Bank
03/05/13: Read
More
Lebanon, Beirut - Syrian
Industrialists Plan Lebanon Expansion Projects - Syrian industrialists escaping
their war-ravaged country is queuing up to establish industrial plants in
Lebanon. The Industry
Minister said the planned factories would cover industries such as metal
works, furniture, machinery and beverages. The plants would be mainly located
in the Bekaa Valley region and areas surrounding Beirut - Daily Star 03/08/13: Read
More
Morocco - (SME) Small, Medium Size Enterprise
Export/Import Financing - The EBRD is partnering with Banque Marocaine du Commerce Exterieur (BMCE
Bank) to help Moroccan companies engage more widely in international trade
so that they can grow further and contribute to the country’s economic
development. The EBRD has signed an agreement with BMCE Bank establishing a US$
75 million trade finance facility to support international and intra-regional
trade transactions with tenors of up to three years for guarantees and 12
months for cash advances – EBRD 08/03/13: Read
More
Morocco, Jorf Lasfar - Port
Construction Funding - The Islamic Development Bank (IDB) last week signed a
US$ 150 million agreement to finance the development of the “Jorf Lasfar Port” on
Morocco’s Atlantic Coast, southwest of Casablanca, which is expected to meet
the rising global demand for phosphate derivatives and fertilizers. IDB Vice
President for Operations, Birama Boubacar Sidibe signed the Public Private
Partnership (PPP) agreement in Casablanca with Mohamed El Hajouji, Executive
Director for financial affairs with “Office
Chérifien des Phosphates” (OCP) the world's largest exporter of phosphate
rocks and derivative products - ISDB 06/03/13: Read More
Mozambique, Nacala - Port Dredging,
Equipment & Infrastructure Funding - The Japan International Cooperation
Agency (JICA) signed a Japanese ODA loan agreement with the government of the
Republic of Mozambique in Mapto to provide up to 7.889 billion yen for the Nacala Port Development
Project Phase I - JICA 03/07/13: Read
Details
Qatar - Qatar Business & Trade
2012 Report Launched - The Ministry of Business and Trade launched on Monday
04/03/2013 at St. Regis- Doha hotel, the “Qatar Business & Trade 2012”
report, in the presence of a number of officials and managers from different
government and private agencies, in addition to entrepreneurs and businessmen
interested in the trade and economy sectors - MBT.gov.qa 06/03/13: Read
More ---- Access
Full PDF Report in Arabic or English
Qatar, Doha - 21 New Hotels Planned
- In the run up to FIFA World Cup 2022, Qatar is opening 21 new hotels in Doha,
due for completion in the next five years. More than half of the new hotels are
going to be five-star properties and nine will be four-star, The Peninsula
reported. 80-85 percent of the current 77 hotels in Qatar are four or
five-star. According to the Ministry of Business and
Trade, 45,000 additional hotel rooms will be built by 2017 to reach FIFA’s
projected capacity requirement of 60,000 rooms - Arabian Business 06/03/13: Read
More
Qatar, Ras Laffan Industrial City -
Petrochemical Project Front End Engineering & Design (FEED) Contract - Fluor Corporation (NYSE:
FLR) announced today that it has been awarded a front-end engineering and
design (FEED) contract by Qatar
Petroleum (QP) and Shell
Global Solutions for a proposed grassroots petrochemical project located in
Ras Laffan Industrial City, Qatar - Fluor 03/06/13: Read
More
South Africa - OECD’s Latest
Economic Survey of South Africa - South Africa must step up efforts to foster
strong, inclusive economic growth that creates jobs, according to the OECD’s
latest Economic Survey of South Africa. Priorities include a growth-enhancing
macroeconomic policy-mix, and better implementation of structural reforms,
notably to improve education - OECD 04/03/13: Read
More ---- Access
OECD Report Details
Zimbabwe, Ngezi - Platinum Mine
& 300MW Coal-Fired Power Plant Construction Plans - A Cyprus based firm has expressed interest in setting up a
$4 billion platinum mine following government’s repossession of huge mining
ground previously held by the country’s top mining company. Karo Resources
Limited, through its chairman Loucas Pouroulis last month wrote to Mines and
Mining Development minister Obert Mpofu seeking permission to mine the white
metal on land which was acquired from Zimplats. Karo indicated that it has
plans to build a 300MW coal-fired power station, which will supply Karo
platinum group metals and coal mining and processing operations, with excess
power directed to the national grid. Cyprus-born Pouroulis is the executive
chairman of South Africa-based mining company Tharisa which has a large
scale chrome and platinum mine in South Africa’s North West province - NewsDay
03/05/13: Read
Details
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Your
Market Opportunities this week may appear under: 1 Global Economic or Market
Comments; 2 North America; 3 Latin America & Caribbean; 4 Asia &
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1.
Global Market Comments
Data
Center Power - Today, Cummins Power
Generation Inc., a leading global supplier of backup power generation
systems for data centers and other mission-critical facilities, announced the
launch of a new website specifically focused on product and technical
information to support the needs of its data center customers. The launch of http://cumminsdatapower.com further
demonstrates Cummins Power Generation’s emphasis on improving its products,
packaging, educational information and marketing in one of the biggest growth
segments in the world today — backup power for data centers - Data Center
Journal 03/01/13: Read
More
Oil & Gas Industry Outlook is
Bright as EIA, OPEC Raise Global Demand - The oil & gas industry has
experienced a good start to 2013 as improvements in the global economy has seen
both the US Energy Information Administration (EIA) and OPEC raise their
forecasts for global oil demand in 2013 - Saudi Gazette 27/02/13: Read
More
2. North America
All United States - Food Hub Markets
- Agriculture Deputy Secretary Kathleen Merrigan today announced the release of
a report which provides a comprehensive look at the economic role, challenges
and opportunities for food hubs in the nation's growing local food movement -
USDA 02/26/13: Read
More ---- Access USDA
Food Hub Detailed Reports
All United States - Manufacturing
Outlook - The Manufacturers Alliance for
Productivity and Innovation (MAPI) Quarterly Economic Forecast predicts
that Manufacturing production, however, is expected to show growth of 2.2
percent in 2013 and 3.6 percent in 2014 - MAPI 02/28/13: Read
More
CA, Glendora - Intermodal Parking
Facility Construction Contract - The Gold
Line Construction Authority moved closer to completing the first phase of
the Gold Line extension project from Pasadena to the Azusa Glendora border when
they awarded the final major contract of a nearly billion-dollar project,
according to officials. The $48.7 million design build contract went to Webcor builders for the intermodal parking
facilities and enhancements project - Glendora Patch 03/01/13: Read
More
CA, Hollywood - Massive Mixed-Use
Construction Project Approved - The planning agency approves the proposed
$664-million Millennium
Hollywood development that will consist of two towers flanking the iconic
Capitol Records Tower - Los Angeles Times 02/19/13: Read
More
CA, San Francisco - 27 Story
Highrise Starts Construction - After the confirmation of its anchor tenant,
construction has begun on San Francisco's first new high-rise office tower in
five years, 350
Mission Street. Software company Salesforce
will rent the entire 27-story building directly across the street from the
future Transbay Tower. Kilroy Realty is developing the $250 million dollar
SOM-designed project - CTBUH 02/26/13: Read
More
CA, South San Francisco - Water
Plant Generator Replacement Approved - The City Council voted unanimously to
replace the 36-year-old generator at its Water Quality Control Plant. City
leaders on Wednesday voted to spend $6.5 million to replace the generator -
South San Francisco Patch 03/01/13: Read
More
CA, Yucaipa - Police Station
Groundbreaking, Construction to Include Generator - The $9.9 Million, Yucaipa
Police Station groundbreaking ceremony was held on Feb. 25 in front of city
hall. Police Chief Lee Hamblin provided the opening remarks and was part of the
dirt shoveling at the end of the festivities - News Mirror 02/28/13: Read
Details
Canada, AB, Calgary - Cancer-Care
Facility Construction Funding Announced - Alberta Premier Alison Redford
pledged to build a leading-edge cancer-care facility in fast-growing Calgary at
a cost of up to $1.3-billion. Ms. Redford made the announcement Friday at Foothills
Medical Centre where the new facility will be erected in a parking lot in
phases starting in 2015 - The Globe & Mail 03/01/13: Read
More
Canada, Manitoba, Winnipeg - Rapid
Transit Expansion Route Approved - The controversial $350-million expansion
route for Winnipeg's
rapid transit was approved unanimously by a city committee Tuesday - CBC
02/26/13: Read
More
CT, Fairfield - Capital Projects Discussions
Includes Police Department Generator - An onslaught of questions about $1.037
million for proposed capital projects, as well as the approval process for
financing those projects, led the Representative Town Meeting to postpone
action Monday on the bonding request until next month. The list of projects
includes $172,000 for HVAC improvements at Fire Department headquarters,
$160,000 for HVAC improvements at Police Department headquarters, another
$105,000 for an emergency generator at old Town Hall - Fairfield Citizen
02/26/13: Read
More
Hawaii, Honolulu - Rail Transit
Design Contract - AECOM Technical Services, Inc., a subsidiary of AECOM Technology Corporation (NYSE: ACM), a
leading provider of professional technical and management support services for
public and private clients in more than 140 countries around the world,
announced today that it is working on a US$43.9-million contract from the
Honolulu Authority for Rapid Transportation to provide design services for a
portion of Hawaii’s Honolulu Rail Transit Project - Business Wire 02/27/13: Read
More
IA, Lee County - Fertilizer Plant
Construction Financial assistance Approved - The Lee County Board of
Supervisors held a special meeting Friday in Fort Madison to approve the
financial agreement contract with the Iowa
Fertilizer Company. The agreement lays out the financial assistance the
company will receive from the federal, state and county government. The 40-page
contract for the $1.4 billion project was reviewed by the county attorney’s
office and all issues were ironed out. Norris said the company will pay the
contractors, then when the reimbursement comes from the state, the county will
simply send that money to Orascom - Daily
Gate 02/25/13: Read
More
IL, Winnetka Village - 2013 Capital
Budget Includes Back-up Generator - The Winnetka village budget expected to be
adopted on March 19 is a "status quo" spending plan with some new
capital projects built in, Winnetka officials say. The proposed $70.8 million
budget for fiscal year 2014 will mean a 1.7 percent property tax increase for
the average homeowner in Winnetka, mainly because of wage and benefit cost
increases for village employees, said Village Manager Robert Bahan. The
budget's largest line item increase — about $7.3 million for storm water
infrastructure improvements. Other capital projects in the proposed budget
include crosswalk repairs, brick paving and finishing touches — storm windows,
a back-up generator and fitness room equipment — on the Village Hall project -
Chicago Tribune 02/27/13: Read
More
KY, McLean County - EMS Backup
Generator Grant - McLean County is adding five more warning sirens and a backup
generator to serve the Emergency Medical Service, fire and law enforcement
radio communications system. The emergency equipment is funded through a
$149,000 Community Development Block Grant - Messenger-Inquirer 02/28/13: Read
More
KY, Midway - Backup Generator Grant
- With help from a $56,000 U.S. Energy Department grant, Weisenberger Mills will install a more efficient
generator this spring. The new generator should allow water from the creek to
provide all of the mill's power needs - Kentucky.com 03/04/13: Read
More
LA, St. Bernard Parish - Emergency
Generator & Sewer Improvement Grant - St. Bernard Parish has received
nearly $6 million in Hazard Mitigation Grant Program funds to design and
implement a system that will help the parish control the flow of rainwater and
sewage. About $500,000 of the funds also will go to emergency power generators
at the Arabi and Chalmette facilities - The Times-Picayune 02/28/13: Read
More
MA, Amesbury to Newburyport - I-95
Bridge Construction Contract - Massachusetts Department of Transportation
officials announced yesterday they have accepted a nearly $300 million contract
to replace the John Greenleaf Whittier Memorial Bridge and rehabilitate eight
additional bridges to accommodate the widening of portions of Interstate 95.
The Whittier Bridge/I-95 Improvement Project was awarded to the joint venture
of Walsh / McCourt in the amount of
$292,155,280 - Newburyport Daily News 02/28/13: Read
More
MS, Neshoba County - EOC Safe Room
Generator to be Separate Bid - Supervisors are seeking five alternates in
addition to the base bid, one of which includes converting a copy/sleep room
into a safe room with 12-inch blocks filled with concrete and reinforcement
added to the walls and ceiling. The safe room would have space to shelter up to
40 people. The other alternates would Provide an emergency generator - Neshoba
Democrat 02/27/13: Read
More
NJ, Bedminster Township - Library
Standby Generator Plans - The Clarence Dillon
Public Library will install this spring a permanent standby generator to
ensure ongoing continuation of its normal services and hours during severe
weather disruptions such as Hurricane Sandy last fall - The Bernardsville News
02/28/13: Read
More
NJ, Berkeley Township - 3 Generators
to Go Out for Bid - Township officials are set to go out to bid for three
emergency generators to be used to power Town Hall and several other locations
if disaster strikes - Berkeley Patch 02/26/13: Read
More
NJ, Washington Township - Municipal
Complex Generator to Re-Bid - Washington Township Generator Bids Come In Over
Budget. Officials said they would make a second request for bids and expand
their search. The search for a new emergency generator at the Washington
Township Municipal Complex will continue in hopes of finding a more reasonable
price, officials decided this week - Westwood-Hillsdale Patch 02/27/13: Read
Details
NY, Montauk - Community Center
Generator Plans - Members of the Montauk Fire Department are on a mission to
upgrade the hamlet’s hurricane shelters and raise money for a generator for the
Montauk Playhouse Community Center
- The East Hampton Star 02/21/13: Read
More
NY, New York - Luxury Apartment
Construction Plans Announced - Two Trees
Management Co. — credited with reviving the former manufacturing zone
between the Brooklyn and Manhattan bridges with luxury apartments — has
unveiled a $1.5 billion plan to bring a similar transformation to the
long-shuttered 11-acre Domino site. New renderings by SHoP Architects show how the waterfront
complex — famous for its neon Domino Sugar sign — will be turned into offices
and how other new buildings on the Kent Avenue site have a tall, skinny,
open-air design - New York Post 03/03/13: Read
More
NY, New York - 28 Story High Rise
Breaks Ground - Developers broke ground at 7
Bryant Park yesterday, with a consortium of public officials including
Mayor Michael Bloomberg gathering to pitch the trophy office tower as a boon
for the city. Politicians are touting the planned 28-story, 470,000-square-foot
steel and glass tower, slated for completion in the first quarter of 2015, as a
magnet for good jobs, talent and companies. Turner Construction Company, is
the general contractor on the project - Commercial Observer 02/26/13: Read
More
OH, Columbus - Airports Construction
Management Contract - Hill
International (NYSE:HIL), the global leader in managing construction risk,
announced today that it has received a contract from the Columbus Regional
Airport Authority (CRAA) to provide construction management advisor services in
connection with various improvement projects at CRAA's three airports in
Central Ohio: Port Columbus International Airport, Rickenbacker International
Airport and Bolton Field Airport. Hill's services under the contract are
expected to include constructability reviews, construction cost estimating,
project and program scheduling, construction administration and management,
construction inspection, construction materials testing, environmental
investigation and testing, commissioning and other related services - Hill
International 03/01/13: Read More
OH, Hudson - Generator to Go Out for
Bid - Proposed Consent Agenda Items Include a resolution authorizing and
directing the city manager to advertise for bids for a replacement emergency
power generator for the safety center - Hudson Hub Times 02/26/13: Read
More
OK, Mississippi Lime Shale Region -
Shale Gas Exploration & Production Joint Venture - Chinese oil giant Sinopec is investing
$1.02 billion in a US shale field as it teams up with Chesapeake Energy Corp. in a 50-50
joint venture, the companies said yesterday. China Petroleum & Chemical
Corp. (Sinopec) will buy a 50 percent interest in Chesapeake's 850,000 acres in
Mississippi Lime shale in northern Oklahoma, they said in a joint statement.
The two companies will share the costs of all future exploration and
development, while Chesapeake will be in charge of leasing, drilling and
operations and marketing activities - Arab News 02/26/13: Read
More
SC, Charleston - Sewage Tunnel
Construction Contract - Construction will soon begin on the fifth and final
replacement phase of the deep tunnel system that collects raw sewage — not storm
water — and carries it to Charleston Water System’s wastewater treatment plant.
On Jan. 29, Charleston Water’s Board of Commissioners approved a $50.8 million
construction contract with Southland/Renda JV, a joint venture between Southland Contracting and Oscar Renda Contracting, both
based in Texas, to build the new West Ashley Tunnel - Tunneling Online
02/27/13: Read
More
TX, Eagle Ford Shale Region - Shale
Expansion Investment - Texas shale player Aurora Oil &
Gas has snapped up more acreage in its target area, the liquids-rich Eagle
Ford shale region of southern Texas, paying $US117.5 million to buy more land
next door to its Sugarkane
field - Financial Review/AFR 03/01/13: Read
More
WA, Grant County - Backup Generator
Included in Salmon Hatchery Construction Contract - The Grant County PUD
commissioners recently approved Bellingham-based Strider Construction's bid to build
an acclimation facility near Twisp on the Methow River. The project includes
constructing eight 30-foot wide tanks in a steel building, as well as a
chemical storage building, backup generator, an antenna and well - i Fiber One
02/26/13: Read
More
WA, Suquamish - Casino Expansion
Construction Management Contract - Hill
International (NYSE:HIL), the global leader in managing construction risk,
announced today that it has received a contract to provide construction
management services in connection with the expansion of the Suquamish Clearwater Casino Resort
near Seattle - Hill International 02/28/13: Read More
WI, Prairie du Chien - Acute Care
Medical Facility Construction Funding - Agriculture Under Secretary for Rural
Development Dallas Tonsager was in Southwestern Wisconsin today to announce
that Rural Development is in the process of giving final approval to Prairie du Chien Memorial Hospital for a $32.4
million Community Facility Direct Loan. Upon approval, the funding will be used
for the construction of a new acute care medical facility - USDA 03/01/13: Read More
3. Latin America & Caribbean
Bolivia - Guinoa Production &
Industrialization Investment Talks - China and Bolivia began talks on quinoa to
invest in the production and industrialization of the Andean "golden
grain". Meeting Bolivian Rural
Development Minister Nemesia Achacollo, China's Ambassador to Bolivia Li
Dong said the two countries could work together on quinoa production to benefit
both peoples - Xinhua Net 02/28/13: Read
More
Chile, Antofagasta Province,
Mejillones & Santiago Area - Coal & Hydro Power Plant Construction
Projects to Start - Chilean
generator Gener this year expects to begin construction of the 532MW
Cochrane coal-fired plant and 531MW Alto Maipo run-of-river hydro, with
commercial operations starting in 2016 and 2018 respectively, according to
information from parent company AES's
2012 results conference call - Business News Americas 02/27/13: Read
More
Columbia, Casanare Department - Oil
& Gas Operations & Maintenance Contract - Skanska has been awarded a contract to
operate and maintain oil fields in the department of Casanare, Colombia. The
contract is a joint venture with a local company. The total amount of the
contract is USD 70 M, about SEK 455 M, of which Skanska’s share is 73 percent,
amounting to a total of USD 51 M, about SEK 331 M. The customer is Ecopetrol S.A. - Skanska
03/01/13: Read
More
El Salvador - Hydro-Power
Construction Project to Start - As of March this year, infrastructure
construction company Queiroz
Galvao will start the expansion of hydroelectric in El Salvador. The
expansion project includes the installation of two new turbines at the plant,
which will expand its energy generation by 80 MW, totaling 179.4 MW of
capacity. A partir de março deste ano, mais uma obra de infraestrutura da
construtora Queiroz
Galvão terá início na América Central. A empresa é líder do Consórcio
Construtor Expansão Cinco de Novembro, que realizará a ampliação da
Hidrelétrica 5 de Novembro, em El Salvador. O projeto de expansão prevê a
instalação de duas novas turbinas na usina, o que permitirá ampliar sua geração
energética em 80 MW, totalizando 179,4 MW de capacidade - Queiroz Galvão
14/02/13: Lea
Más en Español
Guyana, Vreed-en-Hoop to Parika - Road Upgrade
Funding - Two agreements for Caribbean Development Bank (CDB) funding to Guyana
totalling USD40 million were signed in Georgetown on Monday, February 25, 2013,
by Guyana’s Minister of Finance, Dr. Ashni Singh and CDB Vice-President
(Operations), Dr. Carla Barnett. The agreements are for a USD34 million loan
for the upgrade the West Coast Demerara road from Vreed-en-Hoop to Parika, and
a USD6 million grant to facilitate projects under the CDB’s Basic Needs Trust
Fund (BNTF) - CDB 26/02/13: Read
More
Haiti - Home & Business Repair
Financing - A project poised to deliver affordable home finance and business
repair loans to more than 4000 Haitian families affected by the 2010 earthquake
moved a step closer to reality today with the signing of a loan agreement
between the Overseas Private Investment
Corporation (OPIC) and Development
Innovations Group, a U.S. small business. Combining $17 million in
financing from OPIC, a $6 million grant from the U.S. Agency for International
Development (USAID), and $3 million from the Clinton Bush Haiti Fund, the Haiti
Housing Facility will create three new loan products for low-income borrowers,
to be made available through Haitian non-bank financial institutions. OPIC
first announced the project in October 2012 – OPIC 02/26/13: Read
More
Mexico, Querétaro - Technical School
Construction Funding - Alestra will invest 780 million dollars
in a technology center that will become the information provider for mainly
central Mexico ---- Alestra invertirá
780 millones de pesos en un Centro de Tecnología que se convertirá en el
proveedor de información para la zona centro de México principalmente, sin
embargo, está considerado en el proyecto, como el más equipado no sólo en el
país, sino a nivel Latinoamérica - CMIC 27/02/13: Lea Más
en Español
Mexico, San José Chiapa - Medical
Clinic Construction Planned - The Mexican Social Security
Institute (IMSS) plans to build a medical facility in San Jose Chiapa. ----
El Instituto Mexicano del
Seguro Social (IMSS) planea la construcción de una unidad médica en San
José Chiapa - CMIC 28/01/13: Lea Más
en Español
Mexico, Veracruz, Alvarado - Wind
Power Construction Funding - With an investment of $ 200 million pesos for the
installation of 13 wind turbines in the town of Alvarado, Veracruz, generate
clean energy cheaper, Governor Javier Duarte, announced the Papaloapan project,
which will generate 600 thousand jobs direct and indirect. This work will be
carried out in partnership with the group Dragon ---- Con una inversión de mil
200 millones de pesos para la instalación de 13 aerogeneradores en el municipio
de Alvarado, Veracruz, generará energía limpia y más barata, anunció el
gobernador Javier Duarte, al dar a conocer el proyecto Papaloapan, el cual
generará mil 600 empleos directos e indirectos. Esta obra se realizará en
alianza con el grupo Dragón - CMIC 27/02/13: Lea Más
en Español
Peru - Mining Outlook - The Mines and Energy Ministry expects
investments to total $19.5 billion in 2013 and 2014, according to government
projections seen by Dow Jones Newswires. Mining-sector investments are expected
to jump 12% to $9.57 billion this year, compared to the record $8.55 billion
reported in 2012. Investments in 2014 are projected to rise slightly to $9.91
billion - Andina 02/27/13: Read
More
Peru, Cusco Region - Mountain
Tourist Lodges Construction Funding - The Inter-American Investment Corporation
(IIC) and Mountain Lodges of Peru S.A.C. (MLP) have signed a loan agreement for
up to US$3 million. The loan proceeds will be used to build mountain lodges for
adventure tourism, benefiting communities of the Sacred Valley of the
Incas, located in Peru’s Cusco Region - IIC 02/27/13: Read
More
4. Asia & Oceania
Afghanistan - Agriculture,
Education, health, Police Force Sector Projects Funding - Japan signed a USD
281mn contract with the Afghan government on Thursday for the completion of 14
projects through 9 offices of the United Nations in Afghanistan. The money
would be spent towards the agriculture sector, education sector, health sector,
police force, and other humanitarian aid - Wadsam 02/28/13: Read
More
Afghanistan, Farah Province -
Hydro-Electric Dam Construction Contract - The Ministry of Power and Energy on
Sunday signed an agreement with a Pakistani organisation for a detailed engineering
design of a dam on the Farah Rud river in western Farah province. Energy and
Water Minister Ismail Khan signed the agreement with Farmanullah, the National Engineering Services Pakistan
(NESPAK) chief for Afghanistan. The proposed dam is being built in the
Bakhshabad area of Bala Baluk district. But Khan did not say when the $500
million project would be completed - Afghanistan Times 02/24/13: Read
More
Afghanistan, Herat - Urban
Development Funding - Japan has pledged USD 3mn and 400 thousand in aid to Herat’s Municipality. The aid is
aimed at urban development and urban management through the municipality -
Wadsam 02/28/13: Read
More
Afghanistan, Kabul - 15 Story
Residential Construction Contracts - Two Turkish construction companies are
awarded the contract for building several 15-story buildings in Khwaja Rawash
area of central Kabul. Costing USD 80mn, the project will be jointly funded by
the Turkish firms and the Urban Development
Ministry. Urban Development Minister Hassan Abdulhai said the flats for
1000 families would be completed in 12 months - Wadsam 02/27/13: Read
More
Afghanistan, Sar-e-Pul Province -
Bridge Construction Funding - Local officials of the Sar-e-Pul province have
reported about the deterioration of the province’s historical bridge called
Pul-e-Khishti. Deputy Municipal Eng. Sayed Jalal Sadid said a new bridge of
8mx16m would be built adjacent to the old bridge at a cost of 11mn AFN to
prevent any further deterioration of the historical bridge. According to Mr.
Sadid, the project would be funded by the United
States Agency for International Development (USAID) - Wadsam 02/26/13: Read
More
Australia, NSW, St Leonards -
Clinical Services Building Construction Contract - Leading global contractor Brookfield
Multiplex has been appointed by Health Infrastructure to build the new
Clinical Services Building at the Royal North
Shore Hospital (RNSH), delivering an additional 30,000 square metres of
health services to the campus. The construction contract forms part of the
client’s overall capital budget of $150 million which will be funded by the
State Government - Brookfield Multiplex 13/02/28: Read
More
Australia, NT, Bathurst Island -
Sand Mine, Airstrip & Accommodation Camp Construction Plans - MZI Resources Limited is proposing to mine and
process around 56 million tonnes of sand on Bathurst Island over eight to 10
years - ABC News 02/25/13: Read
More
Australia, VIC, Melbourne - Cold
Storage Expansion - Amendments to Victorian State Government land use plans
have laid the foundations for future expansion and redevelopment at G&K
O’Connor’s export abattoir at Pakenham, on Melbourne’s south-eastern fringe
- Beef Central 27/02/13: Read More
Australia, WA, Near Laverton - Dam
Crusher (EPC) Engineering, Procurement & Construction Contract - GR Engineering has won a $16 million
contract with Saracen Mineral Holdings
for engineering and construction works at the Carosue Dam gold mine near
Laverton. The contract will see GR perform engineering, procurement and
construction works for the mine’s tertiary crushing plant, with design
activities to commence immediately - WA Business News 25/02/13: Read
More
Cambodia - Microfinance Expansion
Loan - The Overseas Private Investment Corporation (OPIC) and Thaneakea Phum (Cambodia), Ltd.
(TPC) today announced the closing of a US$ 5 million term loan to fund the
expansion of TPC’s portfolio of microfinance loans for low-income borrowers -
OPIC 02/27/13: Read
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China - 2013 Economic Outlook - The
chairman of the mainland-based China Center for International
Economic Exchanges on Friday said the mainland's economy will see a mild
year-on-year pick-up of 8 percent in 2013 - Xinhua Net 13/03/01: Read
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China - State Grid to Boost
Small-Scale Power Generation - The State Grid Corporation of
China (SGCC), the country's largest energy distributor, on Wednesday vowed
to facilitate the use of distributed power generation. Households and
individual companies will not only be allowed to use small-sized power
generation stations to provide themselves with power, but will also be given
permission to sell extra power to the State Grid, the company said. Households
and companies will be restricted to generating 6 megawatts of power each,
according to the guideline - Xinhua Net 13/02/27: Read
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China, Chongqing - Petrochemical
Facility Construction Plans - Sinopec
Sichuan Vinylon Works Group and the Republic of Korea's SK Chemicals Co., Ltd.
signed a joint venture contract on Monday in Chongqing Municipality to build a
butanediol (BDO) facility with an annual production volume of 200,000 tonnes.
The project, which includes production facilities for acetylene, formaldehyde
and BDO, as well as other support projects, will cost 3.8 billion yuan (605
million U.S. dollars) - CRI 13/02/26: Read More
China, Hainan Province - Marine
Economy Funding Pledge - South China's Hainan Province is planning to boost
financial support to develop its marine economy, according to guidelines issued
by the provincial government. The guidelines, released by the State Oceanic
Administration on Friday, said the province will step up funding for
fishery, infrastructure building, marine technology and ecological protection.
Hainan will seek more financial products to advance its marine economy, and
give more policy support, loans and direct funding to fishermen and enterprises
- CRI 13/02/23: Read
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China, Zhejiang Province, Ningbo -
Powertrain Manufacturing Center Construction Funding - Chinese carmaker Geely is
expected to invest 2.5 billion yuan (398 million U.S. dollars) to build its
largest powertrain manufacturing center in the coastal city of Ningbo,
according to an agreement signed between Geely and the local government on
Thursday - Xinhua Net 13/03/01: Read
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Hong Kong - Hospital & Rail
Infrastructure Construction Funding - Hong Kong's financial secretary John
Tsang said Wednesday in his annual budget speech that the estimated capital
works expenditure for the fiscal year 2013-14 could exceed 70 billion HK
dollars (9 billion U.S. dollars). In the fiscal year 2013-14, which starts on
April 1 of 2013, major infrastructure projects dealt with traffic
infrastructure, hospitals, sports facilities, environmental infrastructure and
velodrome - Xinhua Net 02/27/13: Read
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India - Construction Equipment
Industry Welcomes Union Budget Proposals on Infrastructure - Construction
equipment manufacturer, Volvo
Construction Equipment has welcomed Finance Minister P Chidambaram’s budget
proposals for the infrastructure sector. “The signs for the road segment seem
promising considering the government’s plan to begin work on the Delhi–Mumbai
and Bangalore–Mumbai industrial corridors, and infrastructure investment in
terms of continuous focus on roads and PMGSY projects,” A M Muralidharan,
President, Volvo
Construction Equipment said - Business Standard 03/01/13: Read
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India - (MSME) Micro, Small, Medium
Size Enterprise Financing Gets a Boost from Union Budget - Micro, small and
medium enterprises (MSME) can avail the benefits they now enjoy for three years
even after graduating to higher category. In an effort to provide greater
support to small units, the refinancing capability of Small Industries Development Bank of India (SIDBI)
has been enhanced from existing Rs 5,000 crore to Rs 10,000 crore per year -
Times of India 03/01/13: Read
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India - Union Budget 2013-14
Benefits Many Industry Sectors with Some Disappointments - Finance Minister P
Chidambaram presented one of the most highly anticipated Indian budgets of
recent years on Thursday, as the government looks to rein in a bloated fiscal
deficit and restore confidence in Asia's third-largest economy. NDTV 02/28/13: Read
Full Text of P Chidambaram's Speech ---- Access All Budget Components in
PDF, Word & Excel Formats
India - Union Budget to Empower
Women-Specific Schemes - Seeking to dispel the dark shadows of anti-government
sentiment in the aftermath of the Nirbhaya incident, the government sought to
woo women by stepping up allocations to Rs 8,500 crore for women-specific
schemes and announcing a slew of measures, including an all-women bank and a Rs
1,000 crore initiative, called the Nirbhaya fund, for empowerment - Times of
India 03/01/13: Read
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India, Chhattisgarh, Nagarnar -
Steel Plant Expansion Funding - State-owned iron ore producer NMDC will spend around Rs 3,000 crore next
fiscal on its maiden steel venture at Chhattisgarh’s Nagarnar, which has
planned capacity of 3 million tonnes. NMDC
is funding the entire investment for the project, estimated at Rs 15,525 crore,
through internal resources. The plant will initially produce HR coils (hot
rolled coils) and the company will have a separate marketing division for
selling the steel products - The Hindu Business Line 03/01/13: Read
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India, Gujarat, Maharashtra & Andhra Pradesh - Tele-Com Operational Support & Business Transformation Services Contract - Telecom equipment firm Alcatel-Lucent today said Telenor has appointed it