Latest Transport News

Top Story

Banks selected for Passante di Mestre bond financing

State-owned highways manager ANAS has selected one of two competing groups of banks to arrange the €800 million ($1.1 billion) bond financing for the Passante di Mestre toll road in Italy's Veneto region

Associated British Ports sale approaching

Goldman Sachs and InfraCapital are planning to sell their stakes in Associated British Ports and are still in negotiations with the other shareholders over their right of first offer

Abertis advances in airport divestment

Abertis has agreed to sell its entire stake in Aeropuertos Mexicanos del Pacífico (AMP) to Promotora Aeronáutica del Pacífico for $222 million

Financial close for Sydney’s North West Rail

The Northwest Rapid Transit consortium has reached financial close on the operations, trains and systems contract for Sydney’s North West Rail Link project

Tanzania pushes ahead with Dar es Salaam Maritime Gateway

The government of Tanzania has signed a memorandum of understanding with a coalition of development partners to begin the development of the Dar es Salaam Maritime Gateway project

Foreign lenders refuse Spanish toll road offer

The foreign creditors of Spain's distressed toll road network are blocking the terms of a nationalisation package offered by the Spanish government

Pakistan’s NHA refuses bid deadline extension for KLM

The National Highways Authority of Pakistan (NHA) has decided not to grant an extension to the deadline for bids for the proposed 1,152km six-lane Karachi to Lahore motorway despite two bidders asking for more time

Karachi to Punjab railway procurement in dispute

Pakistan’s Railway Ministry and the Infrastructure Project Development Facility (IPDF) are lobbying for different funding models to construct the proposed Karachi to Punjab railway project it is understood

Two bids for Río Magdalena 2 Norte PPP

Colombia’s National Infrastructure Agency (ANI) received two bids for the Ps1.37 trillion Río Magdalena 2 highway PPP on Tuesday

Odebrecht bid Minas Gerais beltway PPP approved

Minas Gerais state PPP unit has approved the technical and economic proposal submitted by an Odebrecht-led consortium on 27 August 2014 for the R$4 billion ($1.8 billion) beltway PPP, according to tender documents

MEIF confirms sale of Bristol Airport to OTPP

Ontario Teachers’ Pension Plan (OTPP) is to buy a 50% stake in Bristol Airport from Macquarie European Infrastructure Fund (MEIF)

Panama launches metro line 2 tender

The Panamanian government yesterday (16 September 2014) officially launched the tender for the 21km metro line 2

Saba lining up debt for Spanish car park concessionaire

La Caixa is arranging approximately €120 million of debt for Saba Infraestructure’s acquisition of a 60% stake in the BAMSA car park concessionaire in Barcelona

Approval nears for Hong Kong’s third runway

Plans for a third runway at Hong Kong International Airport (HKIA) are nearing approval after the Advisory Council on the Environment (ACE) passed an environmental impact assessment for the development

TAV Airports acquires stake in Turkish airport

TAV Airports has signed a share purchase agreement with Limak to acquire its 40% share in Istanbul Sabiha Gökçen Airport for €285 million ($370 million)

Contractual close for Sydney's North West Rail

The Northwest Rapid Transit consortium has reached contractual close on the operations, trains and systems contract for Sydney’s North West Rail Link project

Russia's Avtodor tenders three road PPPs

State highways agency Avtodor has issued tenders for three new availability-based road projects – the M3 Ukraine, Moscow Central Ring Road Section Five and M11 Moscow-St. Petersburg section 208km-258km

Ingerop, PwC-led group to carry out Lima line 3 studies

A consortium led by Ingerop and PricewaterhouseCoopers has won the contract to carry out feasibility studies for the third line of the Lima and Callao metro system

Pinfra refinances Mexico-Toluca toll road

Mexican infrastructure operator Promotora y Operadora de Infraestructura (Pinfra) has paid down the bond debt on its Mexico-Toluca toll road with a bank financing

AfDB approves Lekki Port investment

The African Development Bank (AfDB) has approved a loan of $150 million to the project company, owned by Tolaram, undertaking the Lekki Port project in Nigeria