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 little opportunity to finance expansion.

 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

 

Good Selling to You! David Courtney

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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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 Your Market Opportunities this week may appear under: 1 Global Economic or Market Comments; 2 North America; 3 Latin America & Caribbean; 4 Asia & Oceania; 5 Europe or 6 Middle East & Africa.

1.   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 little opportunity to finance expansion.

 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

 

Good Selling to You! David Courtney

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 Your Market Opportunities this week may appear under: 1 Global Economic or Market 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

 

Good Selling to You! David Courtney

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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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 Your Market Opportunities this week may appear under: 1 Global Economic or Market Comments; 2 North America; 3 Latin America & Caribbean; 4 Asia & Oceania; 5 Europe; 6 Middle East & Africa

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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