
When the Manila Light Rail Transit (LRT) extension project reached financial close in March 2016 it was a landmark event for the Philippines and for Southeast Asia. It is an achievement for an enormous project worth some US$1.1 billion to go ahead in a region with not much of a track record of large-scale transport Public-Private Partnerships (PPPs). The project’s winning formula is a combination of at-times difficult ingredients: government responsiveness, a balanced risk profile, and project bankability. Continue reading
50-50 by 2030”
The World Development Report 2017: Governance and the Law explores why some policies fail to achieve desired outcomes and what makes other policies work. The main messages of the WDR 2017 are:
on it to grow crops, for factories that need it to cool machines and spin turbines and, of course for life itself. But
launched yesterday. The Africa Improved Foods – Rwanda, based at Kigali Special Economic Zone Nyandungu, started production of fortified porridge flour yesterday. Workers at Africa Improved Foods factory in Kigali assemble packages for fortified foods. Faustin Niyigena. The $45-million (about Rwf36 billion) factory is expected to produce 45,000 tonnes of fortified food annually, enough to help boost exports and prevent child malnutrition across country. Up to 60 per cent of its output is expected to be exported to regional and global markets.
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