Latest News
5 January 2009 - New blow for Scottish infrastructure
Large public construction projects in Scotland could be subject to delays after the Treasury refused the SNP’s request for a £2bn cash advance.
5 January 2009 - Set up council bank, advises think tank
Proposals for a local government fund could help councils to finance large infrastructure projects as banks tighten the belts.
22 December 2008 - Australian study hails PPP
A new study has added to the recent flurry of support for PPP in Australia.
18 December 2008 - EIB throws lifeline to BSF
The European Investment Bank (EIB) has indicated that it is prepared to consider funding half of the debt requirement of a number of Building Schools for the Future (BSF) projects, up to a value of £300m.
17 December 2008 - New blow for Scottish Future's Trust
Scottish Future’s Trust suffered a further wobble yesterday as Holyrood’s finance committee voiced doubt that the proposed model would have any benefits over PFI.
16 December 2008 - Birmingham delays BSF decison
Birmingham City Council has announced that it will be delaying the appointment of a preferred bidder for its Building Schools for the Future project until the new year.
16 December 2008 - Johnson to divert Thames Gateway's PFI credits
London Mayor Boris Johnson has confirmed his intention to use the £50m PFI credits earmarked for the scrapped Thames Gateway Bridge (TGB) for a new crossing at Silvertown.
15 December 2008 - P3 in cold for Obama's big spend
The US government’s spending on infrastructure will be focused on routine repairs rather than big-ticket new build projects, according to US news reports.
15 December 2008 - Trillium Pull Out of Metrix Bid
Land Securities has confirmed that Trillium is withdrawing from its role as a partner in the Metrix consortium, which is working on the bid to deliver the Defence Training Review programme.
12 December 2008 - Campus PPPs win overseas interest
Australia's Campus Living Villages has announced its first project with a UK university.
12 December 2008 - A1 motorway secures financing
Phase 2 of the A1 motorway in Poland has secured financing. The 62-kilometer PPP project between the cities of Nowe Marzy and Torun has reached a loan agreement with SEK, the Nordic Investment Bank (NIB) and the European Investment Bank (EIB).
11 December 2008 - Mixed PPP success for firms in 2008
PPP has helped several industry players amid the recession but one company is questioning whether the benefits justify the high costs involved.
10 December 2008 - Germany's bailout plan boosts PPP market
Germany’s road PPP market looks set to benefit after the government responded to the economic downturn with a €11bn cash injection for transport infrastructure.
9 December 2008 - US will see the light, says P3 official
The US has experienced a transportation “epiphany” in recent months and is softening to P3, according to one top official.
9 December 2008 - Market applauds Oz government's PPP step
Industry players have welcomed the Australian government’s move towards the standardisation of its PPP market but said there is still work to be done.
8 December 2008 - PFI sale a boost for ailing bank
An HBOS company has successfully closed a £434m PFI fund despite being at the keen end of credit crunch shocks.
4 December 2008 - LAs still distrust PFI, finds research
Local authorities have accepted the principles of Gershon and embraced the efficiency agenda, but still have "limited optimism" for savings through PFI, according to new research from law firm Nabarro.
3 December 2008 - New guidance to cut costs for PFI projects
Government agency 4ps has released new guidance aimed at helping local authorities to better manage operational PFI contracts.
2 December 2008 - Zambia joins PPP race
Zambia is the latest African country to take steps towards building a PPP market with the launch of a new policy framework.
2 December 2008 - New housing agency hits ground running
The government’s flagship housing and regeneration agency, launched months ahead of schedule, has set out its plans to tackle the effect of the credit crunch on the housing market.
