The project involves design and construction, as well as the maintenance and operation of seven new schools that accommodate more than 5,790 students in the high-growth areas of the Sunshine Coast, Western Corridor, the Gold Coast and Redlands, AMP stated.
“The South East Queensland Schools PPP project provides our clients with the opportunity to access stable, long-term CPI-linked cash flows underwritten by availability-based payments from the Queensland government,” AMP Capital Investment (AMP CI) director Julie-Anne Mizzi stated.
AMP CI said it now manages a portfolio of 24 schools in New South Wales, Queensland and South Australia, under PPP arrangements.
The CommIF invests in social infrastructure PPP assets in the education, health, justice, defence, community housing, recreational facilities and transport sectors and now has eight social infrastructure concessions in Australia and New Zealand.
“AMP Capital has an ongoing commitment to the Australian PPP market and CommIF is quickly becoming the partner of choice for secondary market social infrastructure assets in Australia and New Zealand,” Ms Mizzi said.
