<p>Global Infrastructure Partners said Wednesday it has raised $8.25 billion for its second fund to invest in infrastructure assets in the energy, transportation, water and waste sectors. The new fund brings GIP's assets under management to $15 billion, the firm said in a news release. "We believe that the well-documented need for infrastructure investment across the globe will provide a very attractive investment environment for GIP II," said Adebayo Ogunlesi, the firm's chairman and managing partner, in the news release. Governments, particularly those in the dev

<p>India is the global leader in extraction of underground water, more than double of the two big countries – United States and China, thus pushing its citizens towards impending water crises, a United Nations report released recently has said.

<p>Egypt’s Suez governorate this week revealed plans to build a new $150 million USD desalination plant. The 60,000 cubic meter per day capacity plant will be financed and implemented by Saudi and Bahraini investors, according to governorate officials.</p>
<p><!--break-->“The plant will involve the desalination of water from the Gulf of Suez and connecting it to industrial, tourist and residential zones in the northwest parts of the governorate,” said Alaaeddine Omar, an official at the Egyptian Ministry of Investment.</p>

<p>A report by the Sarawak, Malaysia state government on the resettlement of over 1,500 natives to make way for a mega dam has been leaked just a few months before the planned resettlement.</p>
<p><!--break-->The report reveals that the compensation offered to the affected communities could impoverish them. The monthly allowance to be paid after resettlement falls below the poverty level, and ends after just four years.</p>

<p>Tanzania has given Malawi the go-ahead to take the two countries’ border dispute over Lake Malawi to the International Court of Justice (ICJ).</p>
<p><!--break-->However, Tanzanian authorities said they would have preferred to settle the matter with their Malawian counterparts outside the ICJ, according to an October 5 report in The Daily Times, Malawi’s oldest daily newspaper.</p>

<p>The infrastructure investments being made in Brazil ahead of the 2014 FIFA World Cup and the 2016 Summer Olympic Games could bring long-lasting benefits to Brazil’s water sector, according to Argentine global finance and investment expert Gabriel Holand.</p>
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<p>Brazil “will enjoy financial and economic benefits relative to the preparation of the FIFA Football World Cup and the Olympic Games,” Holand, founding partner of consulting firm HR Global told news outlet CNN.</p>

<p>Pakistan’s auditor general has asked the Water and Power Development Authority (WAPDA) to investigate the five-and-a-half-year delay in building the $2.9 billion USD Neelum-Jhelum hydropower project.</p>

<p>Experts warn that China’s most recent hydropower project on the Mekong River, the Nuozhadu Dam, poses a threat to the river’s ecosystem.</p>
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<p>Nuozhadu is the fifth Chinese dam to be commissioned in Yunnan province.</p>

<p>The city council of the Latvian capital, Riga, has announced a 10-year plan for reconstruction of the city’s water assets, with a preliminary budget of $350 million USD. The project will see total renovation of fresh and wastewater treatment in the city and surrounding areas, plus new pipeline networks installed.</p>
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