Nigeria will host the second Renewed Hope Housing PPP Summit this April in Abuja. The event focuses on turning policies into bankable projects through private sector partnerships. High level officials including Vice President Kashim Shettima will discuss financing and risk frameworks. The summit includes a training workshop for developers and seeks to accelerate large scale home construction across the country.
HS Hwaseong has won its first African infrastructure contract to build a 10.5km Bus Rapid Transit system in Nairobi. The 78.4 billion won project includes 13 stations and five bridges. Supported by South Korean development funds, the 24-month build aims to reduce Kenyan traffic congestion. The firm will use its 68 years of experience to implement eco-friendly and smart construction methods in this new market.
A new 25-storey mixed-use development is set to rise in Chicago's Loop following the selection of the ACōDA project by city officials. Led by DL3 Realty, the $162.2 million tower at 331-35 S. Plymouth Court will provide 300 homes, with 20% reserved for affordable housing. Mayor Brandon Johnson hailed the scheme as a vital step in tackling the city's housing shortage while providing residents with better access to transit and jobs.
Harris County has approved the 83-acre Toro District in Bridgeland. This public-private partnership with the Houston Texans and Howard Hughes Communities includes a 22-acre team headquarters and training facility. The project features $150 million in infrastructure funding and aims to generate $34 billion in economic impact. Moving from NRG Stadium, the Texans seek a world-class environment for operations while providing new jobs and community resources for the growing northwest Houston corridor.
Saudi Arabia and Syria have signed a series of strategic investment agreements covering aviation, telecommunications, and infrastructure. Minister of Investment Khalid Al-Falih led a high-level delegation to Damascus to meet with President Ahmad Al-Sharaa. The deals include a major redevelopment of Aleppo International Airport and the creation of a new joint airline with Flynas. STC will lead efforts to modernise Syria's digital infrastructure while ACWA Power explores a large-scale desalination project.
Lagos State has signed a two-year partnership with the Institution of Public-Private Partnerships Hong Kong to advance its infrastructure goals. The deal was formalised during the 19th Asian Financial Forum in Hong Kong this January. The agreement focuses on technical collaboration and knowledge sharing to support the THEMES+ development agenda in Lagos. Special Adviser Mrs Bukola Odoe led the Nigerian delegation to secure improved access to global investment networks and best practices.
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