Global X ETF Paves The Way For Infrastructure Investing
Investors have been drooling over infrastructure ever since Donald Trump was elected president four months ago. And why not, given his stated aim to spend $1 trillion to build and repair the nation’s roads, bridges, airports, ports and other public works projects.
Home-Grown African Wealth Funds Seeking Foreign Partners To Fix Infrastructure Gap
<p>Africa, famously short of new roads, ports and power stations, is increasingly leaning on its own sovereign investment funds to help fix its infrastructure gap.</p>
<p>The funds - which have around $150 billion between them, according to research firm Preqin - are digging in themselves and offering co-investment opportunities and guarantees to attract foreign capital.</p>
DP World’s $1B Investment To Target Inland India With Logistics Centres
DP World’s $1bn investment to target inland India with logistics centres. Sultan Ahmed Bin Sulayem said poor infrastructure and growing demand had created bottlenecks in getting goods from ports to inland areas where most Indians live.
SWFs Cast Eyes Over West's Plans To Upgrade Crumbling Assets
<p>Sovereign wealth funds are queuing up to finance the West’s overhauls of crumbling roads, bridges and ports as public purse strings are loosened after a period of austerity, but they still face project delays and fierce competition for deals.</p>
<p>Offering strong and stable cash flows generated by service users, these investments hold huge appeal for a US$6.5 trillion industry that, with its focus on future generations, is able to lock up capital for years.</p>
Annual Iron Ore Exports From Port Hedland Hit Another Record High
<p>Iron ore exports from Port Hedland — the world’s largest iron ore loading terminal — fell for a third consecutive month in October, according to new figures from the Pilbara Ports Authority. Despite three consecutive monthly declines, total throughput remains near the record high of 42.875 million tonnes shipped in August this year.</p>
DP World, Caisse De Dépôt To Invest $5B In Global Ports And Terminals
Dubai’s DP World and Caisse de dépôt et placement du Québec (CDPQ) have launched a new platform to invest in global port and terminal businesses. The platform has been capitalized at $5 billion, with DP World holding a 55 percent share and CDPQ the remaining 45 percent. Investments, to be made in countries outside of the United Arab Emirates, will be focused on existing assets, with up to 25 percent earmarked for greenfield project opportunities.
Japan Ups Its Infrastructure Game Against China's Belt And Road
<p>Japan, too, is building the New Silk Road. What has generally been posited as a Chinese initiative since Xi Jinping announced the Belt and Road initiative in 2013 is actually <a href="http://www.forbes.com/sites/wadeshepard/2016/10/14/regardless-of-what-beijing-says-the-new-silk-road-is-not-chinese/" target="_self">a multifaceted, international undertaking</a> which contains <a href="https://reconnectingasia.csis.org/analysis/competing-visions/" target="_blank">many complementary and competing visions</a> from various countries across Eurasia. While China is currently <a href="http://www.voxeurop.eu/en/content/article/716731-motorway-china-couldnt-build" target="_blank">going through the growing pains</a> of being a big time international infrastructure investor, Japan has been at it for decades, providing massive amounts of money and direction for the development of roads, rail lines, metro systems, and ports across Asia via financing vehicles like the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA).</p>
Oil Exports Increasing As Libyan Ports Reopen
Last Thursday an oil tanker took on the first load of crude for export from the Libyan port of Zuwetina since late last year. The tanker, the Ionic Anassa loaded 800,000 barrels of crude to be exported to China.
Oil Prices Rise On OPEC Freeze Hopes, Militia Retake Libyan Ports
Oil prices climbed as Venezuela sees a production freeze deal among top producers next week and Libya's output was hit as militia retook key oil ports.
Adani Buys Australian Port Operator From Glencore
The statement from Adani and Glencore said Adani Ports and Special Economic Zone would purchase the port operator, Abbot Point BulkCoal Pty Ltd, pending regulatory approvals.