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- Apr 3, 2013
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The town of Port Hedland Council in Australia has signed a $205m agreement with the consortium of AMP Capital and the Infrastructure Capital Group (ICG) to lease the Port Hedland International Airport for the next 50 years.
The lease plan also aims to support community redevelopment for the next 50 years in Port Hedland.[SIZE=12.8000001907349px]As per the agreement, the consortium of AMP Capital and ICG will make an outright payment of $165m to the town council and will invest $40m for the redevelopment of the Port Hedland airport in the next five years.[/SIZE]
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The lease plan also aims to support community redevelopment for the next 50 years in Port Hedland.[SIZE=12.8000001907349px]As per the agreement, the consortium of AMP Capital and ICG will make an outright payment of $165m to the town council and will invest $40m for the redevelopment of the Port Hedland airport in the next five years.[/SIZE]
[SIZE=12.8000001907349px]
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