Phase 3 Telecom had written to the minister, complaining about the development and asking his opinion about the summary termination of the concession agreement
contract facilitated by Federal Government had on March 20, 2006, that mandated the concessionaire to design, build, finance and operate (DBFO) fibre optic network infrastructure in the country.
"They are required to pattern the concession agreement
after the one signed with the North Luzon Airport Consortium for the operations and maintenance of the Clark International Airport," Transportation Undersecretary for planning Ruben Reinoso said.
This, as the MWSS Regulatory Office warned water companies that they may be slapped with penalties if they implement service disruption outside their announced schedule as such act is a violation of their concession agreement
To recall, MWSS-RO has issued a 'Notice of Service Obligation Failure' to Maynilad for failing to meet its service obligation, as indicated under the Concession Agreement
. The company was given five days to explain why it shouldn't be penalized.
The decision was made following a meeting with the President, Nana Addo Dankwa Akufo-Addo, who assured them that their concerns on the GPHA and Meridian Port Service (MPS) expansion concession agreement
would be addressed.
KUFPEC CEO Sheikh Nawaf Al-Sabah signed an exploration license and petroleum concession agreement
Summary: KUFPEC signs petroleum concession agreement
President George Manneh Weah has submitted a bill to the Liberian Senate to amend the Firestone Concession Law.The bill is titled 'Amendment to the Amended and Restated Concession Agreement
between the Government of Liberia and the Firestone Liberia Incorporated.'
The concession agreement
defines the installed power of 49.5MW for the Grebak Wind Farm with a planned annual production of 130GWh.
1351/2019 approving the amendment of the concession agreement
with CAAP's fully-owned subsidiary Consorcio Aeropuertos Internacionales S.A., or CAISA, which operates and maintains the Punta del Este Airport in the city of Maldonado, by Punta del Este, Uruguay, and authorized the Ministry of Defense to grant the modification of the aforementioned contract.
Ltd (China Merchants), Djibouti breached DCT's rights under a 2006 concession agreement
to develop a container terminal at Doraleh, in Djibouti, and its exclusivity over all container handling facilities in the territory.