The United Kingdom-India Infrastructure Financing Bridge (UKIIFB), designed to improve financial and professional services partnerships between the UK and India, has been agreed between the City of London Corporation and the National Institution for Transforming India (NITI Aayog). The initiative will have a steering committee with representatives from HM Treasury, Aon, Arup, Mott MacDonald, Clifford...
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UK-India sign new infrastructure financing bridge agreement in London
4 min read Last Updated : Sep 04 2024 | 11:37 PM IST A first-of-its-kind India-UK financing agreement to facilitate and unlock sustainable international investments into New Delhi’s ambitious infrastructure projects was signed off in London on Wednesday, with a raft of national highways, rapid transport and renewable energy schemes set to benefit. ...
UK’s EV infrastructure targets ‘need to be more precise’
The UK’s current electric vehicle infrastructure (EVI) targets are too wide in scope and should be based on more detailed, precise metrics to ensure a true reflection of progress in regions across the country, according to a new report. The findings were made in a new study by manufacturer Vauxhall, with leading sustainable transport organisation...
Is the UK water sector uninvestable?
“The water sector is relatively predictable, so much so that you can usually get a reasonable idea of what the next year will be like for a company by looking at the previous year,” says Colm Gibson, managing director and head of the economic regulation practice at consultancy Berkeley Research Group. Gibson would know, having...
Tanker and merchant vessel report missile, drone attacks in Red Sea – ET Infra
Two ships came under attack in the Red Sea. Two ships, a Panama-flagged oil tanker and a merchant vessel, came under attack in the Red Sea off Yemen on Monday with the tanker being struck by two projectiles, British maritime agencies reported. Military authorities confirmed the tanker was attacked with missiles, security firm Ambrey said....
AG advises Asterion Industrial Partners
The law firm Addleshaw Goddard has advised Asterion Industrial Partners on the first close of its third infrastructure fund, Asterion Industrial Infra Fund III FCR, which has attracted investments worth €1,500 million so far. Led by Jesús Olmos, the team aims to reach a target size of between €3,200 million and €3,600 million for this...
UK construction activity July 2024: Infrastructure | Construction News
21 Aug 2024 By Contributor Detailed planning approvals declined compared to both the previous quarter and the previous year. On a positive note, project starts and main contract awards increased year-on-year. Infrastructure overview Totalling £11.95bn, civil engineering work starting on site during the three months to July decreased 8 per… > No online subscription: This...
Jonathan Roe rejoins PwC’s Capital Projects & Infrastructure team
Jonathan Roe is back at PwC, appointed a partner in its Capital Projects & Infrastructure. “After five fantastic years at Ankura, it’s time to start the next chapter. I’ve returned to my roots and am delighted to have rejoined the Capital Projects & Infrastructure team at PwC in London,” said Roe on his boomerang to...
New G2G agreement with the UK will enable US$630 million hospital infrastructure benefiting 5 million Peruvians
The signing took place at the Presidential Palace in Lima on Friday 16th August 2024 with the attendance of President Dina Boluarte, between His Majesty’s Ambassador to Peru Gavin Cook and Peruvian Ministry of Health Dr. César Vásquez Sánchez Lima, 16 August 2024. The Government of Peru and the UK Government have signed a new...
LPPI says replicating ‘Canadian model’ could unlock £16bn for infrastructure
Last week, the UK’s chancellor, Rachel Reeves, announced the government’s intention to replicate the “Canadian model” for local government pension schemes (LGPS), which could unlock a significant investment in UK infrastructure investment. However, Local Pensions Partnership Investments (LPPI) – the asset manager for investment pool Local Pensions Partnership (LPP) – and the Pension Insurance Corporation (PIC) have...
312,000 rural homes and businesses to get access to faster broadband in overhaul of old infrastructure
Up to £800 million in UK Government funding to end the plight of poor broadband for around 300,000 across Great Britain For the first time, Wales is included in the initiative to enhance connectivity, expanding the reach of improved infrastructure to homes and businesses Marks start of UK Government’s ‘renewed push’ to reach full gigabit...
Indian Military Bases At INS Baaz, CAR Nicobar See Renewed Infra Push As QUAD Nations Look To Counter ‘Hostile’ China
With China’s unprecedented rise and belligerence, global geostrategic action has begun to shift from the South China Sea (SCS) to the larger Indo-Pacific region. The US already has a huge air asset presence at Andersen Air Force Base in Guam. The 18th Wing at Kadena Air Base, Okinawa, Japan, is the largest U.S. military installation...