Archives

Category Archive for ‘ProjectFinancialModeling_eng’

Red Sea Project

PMF advises KSA Red Sea Project on Waste Management Engineering

March 26, 2021 PMF / / / / / / / / / / / / / /

Technical consultancy group formed by Sergent & Landry, the giant US power engineering company, together with PMF and UAE-based Sustainable Water Power Consultants (SPWC), has been awarded by ACWA Power the role of Owner Engineers for utilities’ infrastructures of Red Sea Project, the luxury tourism development on the Red Sea coast of Saudi Arabia.

The group will provide ACWA Power with required engineering services during design and construction, comprehensive of technical coordination, supervision, review and approval for a wide range of utility infrastructures, ranging from power generation (mostly relying on renewables) to water desalination, wastewater treatment and solid waste management.

PMF will be entrusted with design review and technical consultancy of the whole waste management cycle, from collection system to refuse disposal, recycling techniques and required plants construction to ensure zero-waste goal and carbon-neutral environment.

Red Sea Project, located along KSA shores, aims at being one of the most advanced and attractive tourist facilities in the Gulf area. made initially by 3,000 hotel rooms (to be extended up to 8,000), 7,500 m2 of retail, F&B and cultural buildings, a full-scale water park and other amenities, immersed in a pristine coastline of unparalleled environmental value. Project’s construction is set to commence on next 2022 and last until 2030, when Phase 2 will be fully completed. Visitors are expected to raise from 300.000/year initially to 1 million/year when the development will be fully operational.

Learn more about www.piemef.com.

PMF consolidates in PPP Performance measurement and KPI setting

PMF consolidates in PPP Performance measurement and KPI setting

August 6, 2020 PMF / / / / / / / /

After entrusting PMF with Performance measurement and penalty system design of first PPP in Custodial Services sector in Italy, the Italian Autonomous Province of Bolzano (PAB), through his participated company Südtiroler Informatik AG, has assigned our Company with the task of designing Performance measurement system and setting KPIs of another landmark PPP project.

The initiative, named Service Center Plus and Smart Working, consists of supply and operation of an IT innovative and integrated communication platform, providing optimized IT services to Province of Bolzano’s public institutions and enabling users to access smart- and remote-working.
Overall contract value, inclusive of investment and operations, is worth EUR 130 mil, whereas concession duration is set on 16 years.

The project is regarded by PAB as of the highest priority, given the urgency imposed by the current pandemic of allowing an increased number of employees to work remotely logged on software access.

With this new commitment from a highly qualified Public Entity, PMF strengthens his position as leading Company in Performance measurement system and KPI designing for Public-Private Partnerships initiatives.

Fiumicino - Avvio pulizia spiagge - PMF

Rome public beaches cleanup kicks-off in view of summer season 2020

May 18, 2020 PMF / / / / / / /

In view of beach summer season 2020, set to officially open from next June 1st, Fiumicino Municipality started today cleaning and maintenance works of its 22 public breaches and 6 natural reserve areas, for a total of more than 400.000 m2 of sandy pristine coastal area.
This year kick-off works are particularly important due to the Covid-19 contingency that Fiumicino, as any tourist destination, has to cope with.
Reopening public beaches without delay is a strong signal given to citizens, tourists and beach operators that summer season, in spite of disruption caused by the current emergency, will be conducted at its best, drawing millions of people on Municipality shores in full respect of safety rules issued at national and regional level.

Beside ensuring compliance to rules enforced ad-hoc for the current pandemic, cleanup works will be carried out with usual care and respect to the environmental issues, in accordance to direction received from LIPU (Italian Bird Safeguard Association) and other Environmental Associations.
PMF as in-charge Execution Director together with Fiumicino Municipality Environment Office was present at the start of the works which, as per the schedule, will continue uninterruptedly until 26 May p.v.

Taranto boosts its waste recycling rate from 18% to above 65% in just less than two months

March 17, 2020 PMF / / / / / / / /

In times where keeping cities clean is of strategic relevance, Taranto sets a good example of what can be achieved putting together a meaningful strategy, strong citizenship commitment and operators’ efficiency. PMF together with Taranto Municipality and AMIU, jointly engaged to accomplish this goal.

Bolzano panorama

PMF to set KPIs for the first PPP Custodial Services Project in Italy

September 15, 2019 PMF / / / / / / /

PMF has been selected by the Italian Autonomous Province of Bolzano (PAB) for setting up the contractual list of Key Performance Indicators and designing Penalty System in light of PPP Custodial Services Project awarding.

Bolzano PPP Prison, a 18-year concession contract for designing, constructing and operating a 220 inmates facility, is the first project of this kind being awarded in Italy under PPP arrangement, and sets out a landmark example for the others to come in the highly sensitive Custodial Services sector.

PMF has been hired by PAB as part of the legal, financial and technical team entrusted with assisting PAB in drawing tender documents, providing support during bid, throughout negotiation with Preferred Bidder until concession awarding.

PMF has worked out a comprehensive performance measurement system consisting on a set of 120 different Operational Performance Assessment indicators grouped in 11 Services, varying from Building Maintenance to Catering, Laundry, Cleanup, Security and BIM software systems, to even Sporting and Recreational Activities for the inmates.

Taranto 01 - PMF

PMF designs urban waste management masterplan for Taranto

February 16, 2019 PMF / / / / / / / /

Taranto Municipality has awarded PMF the new urban waste management planning for the city.

Taranto, with a population of more than 200,000 residents, is one of the most challenging cities in southern Italy due to its complexity and mix between residential and industrial areas. Besides hosting an important commercial and military port, Taranto is the seat of ILVA factory, the largest European steel and iron foundry.

PMF will design the complete overhaul of household and commercial solid waste collection, treatment and disposal, giving large emphasis to refuse recycling through proper segregation at source and efficient downstream recycling.

Door-to-door system full implementation over the whole territory, combined with cutting-edge technology collection systems (ECP – Engineered Collection points) strategically located in the city will be the key answers to address the issues posed by the city.

Conferenza UAE-Cina-PMF

PMF Technical Director participates as keynote speaker at the Third China-UAE Conference on Islamic Banking and Finance (CUCIBF 3), Shanghai November 7 – 8th, 2018

November 14, 2018 PMF / / / /

Hamdan Bin Mohammed Smart University of Dubai has invited Alberto Germani, PMF Technical Director, as keynote speaker to address the PPP and Islamic Finance Panel at the Third China-UAE Conference on Islamic Banking and Finance (CUCIBF) held in Shanghai last November 7 – 8th. The Conference was organized by the Chinese Islamic Finance Club, jointly with UAE Ministry of Economy, Dubai Center for Islamic Banking and Finance and other prime Emirati and Chinese Organizations to discuss funding opportunities, challenges and socio-economic implications relative to the Belt and Road Initiative.

The Panel featured international experts and Islamic Finance scholars. Starting from reviewing positive experience of past Public Private Partnerships in transportation worldwide where Islamic Finance have been successfully employed, the Panel discussed how structuring selected sections of railway corridor as Islamic Finance assets backed PPPs can be instrumental for contributing to the successful delivery of the Belt and Road project as a whole.

More at https://www.hbmsu.ac.ae/news/third-china-uae-conference-on-islamic-banking-finance-concludes-successfully-amid

PMF chairing Workshop on Public Private Partnership at 4th Annual Roads and Highways Conference in Singapore

April 13, 2018 PMF / / / / / / /

Great day at Workshop on Public Private Partnership within the context of 4th Annual Roads & Highways Roads and Highways Conference held in Singapore on last 9 – 11 April. All participants were very satisfied for the level of discussion raised and variety of topics passionately debated amongst attendees.

We hope that anything being discussed will be now put in practice for successful delivery of participants’ goals and initiatives.

Sincere thanks go to Singapore Land Transport Authority for hosting the visit at its Traffic Control room, allowing Conference participants to get informed about its cutting-edge ITS.

Region of Lazio (Italy) approves 16 PMF projects in the environmental sector

February 12, 2018 PMF / / / / / /

The Italian administrative body of Lazio Region, housing the City of Rome, has approved 16 projects submitted by PMF on behalf of various Municipalities of Lazio, relative to the construction of community aerobic composting plants and Municipal collection facilities for sorted recyclables (Eco-centres), both opened to public for self-use.

Total amount financed by the Region on PMF projects accounts for more than 3.5 million euros.

Capri PPP commercial multi-sporting complex is given green light for bid by Municipal Council

April 22, 2017 PMF / / / / / / / / /

On April 21st 2017 the Isle of Capri Municipal Council in Italy has unanimously approved the Capri PPP commercial and multi-sporting complex project, to be bid internationally through a PPP arrangement. Preliminary information notice to bid is expected to be released by first half of May 2017.

PMF has been proudly partnering with CONI Servizi, the Italian Olympic Committee Technical Board, in the preparation of Capri PPP commercial and multi-sporting complex concept design, feasibility study, full business case and tender legal documentation. CONI Servizi and PMF will advise Capri Municipality throughout tender process until awarding.

Old messages