Finance & Funding

Alsipercha is a “personal fall arrest system” from Spanish firm Alsina Group and consists of a steel body and a self-retractable lifeline. The retractable lifeline locks when an acceleration occurs during a fall, similar to the seatbelt of a car. It provides complete freedom of movement - 360º - by rotating on its axis, allowing the worker to safely perform operations at height. The Alsipercha is composed of six elements: the system itself, a retractable device, a shock-absorbing device, a retractabl

The French government has replaced its public private partnership advisory agency ahead of incoming laws to make P3 contracts easier to process and manage. The Mission d'appui aux Partenariats Public-Privé (MAPPP) is replaced by Fin Infra, the Mission d’appui au financement des infrastructures. Fin Infra has extended powers and more personnel over MAPPP. Unlike its predecessor, it will be able to provide advice on concession contracts and other forms of public-private contracting, rather than just pub

Paul Lyons, CEA’s () Market Information Manager takes a look at the trends of UK Exports and Imports of Construction and Earthmoving equipment* in the first quarter of 2016. According to the UK’s Construction Equipment Association (CEA) exports of construction and earthmoving equipment have been on a declining trend since 2013. The CE explains that this reflects weak demand in many of the major overseas markets. However, export levels in recent quarters are continuing to show signs of stabilising. Export

Funding for a key project in Belarus could be supplied by the European Bank of Reconstruction and Development (EBRD). Financing is required for the reconstruction of the M10 highway in Belarus, which runs from Kobrin through Gomel to the Russian border. The EBRD will consider options once the results of the tender have been revealed. The private sector looks likely to take part in the project, which is conceived as a PPP scheme, the first for Belarus. The project will be handled under the concession mode

Vietnam is working on plans to develop a new highway in Ha Tinh. The proposal has been put forward by the Project Management Board Unit 85. The new highway would connect Vung Ang and Ham Nghi in Ha Tinh. A request has been lodged by the Project Management Board Unit 85 for funds worth US$232.56 million from build-operate-transfer investors and $94 million from State budget funds. Under the project, three additional bridges and 13 core bridges would be constructed. The project requires $299.64 million in

Construction consultants McBains Cooper has won a contract to help improve public-private partnership skill for the Colombian city of Medellin. McBains will train Medellin PPP Agency to help implement PPP procured projects in the city, Colombia’s second largest. Apart from road works that will include a new urban highway, projects will be across the transportation sector as well as in education such as school construction. Santiago Klein, international director at McBains Cooper, said the objective of

Britain’s M6toll motorway - now up for sale - has awarded its 190 millionth customer with a year’s free travel. James Hodson, director of motorway operations for toll road operator Midland Expressway, said it could save the driver around €2,550 over the year. The driver’s car was fitted with an M6toll Tag, a small electronic device fitted to a vehicle’s windscreen. It allows users to pre-pay for their journeys and pass through a dedicated lane usually without the need to stop. Tags normally cost a mon