PPP

For 3.72bn reais, companies from France, Germany and Switzerland won contracts to operate and expand four of Brazil’s busiest airports.

A state-owned corporation has put out an RFQ to develop and run the Port of Wilmington, as it seeks to revamp the facility with more than $140m in improvements.

The budget has been allocated to the Small Communities Fund to build 26 infrastructure projects throughout the province.

The plan from Fluor Enterprises would convert the city’s Orange Line from a bus rapid transit, an endeavour priced at $1.2bn by the Metro authority in an earlier study.

The Spanish developer has agreed to buy a local family-run construction business in a bid to tap the $94bn Australian infrastructure market over the next decade.

The group has reached financial close on a public-private partnership to develop healthcare facilities for Ontario’s mentally ill.

The fund manager is investing through its second social infrastructure vehicle, which reached a final close on $84m last November.

The world’s second-largest economy invested $411bn in transportation projects last year.

The group has offered a combined $200m financing package to help a state-owned developer deliver at least nine PPPs in China’s smaller cities.

The state is gauging interest from developers and financiers about using the framework to help finance 11 projects along its I-10 Capital Corridor.