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NMIA Divestment to be Completed by 2019

first_img The divestment of the Norman Manley International Airport (NMIA) is scheduled to be completed by June 2019. Mr. Deidrick explained that the chosen operator should be able to fulfil three critical requirements for qualification – financial strength to expand and operate the facility, technical competence to do the required construction and expansion, as well as airport operating competence and expertise. The disclosure was made by President and Chief Executive Officer (CEO) of the Airports Authority of Jamaica and NMIA Airports Ltd., Audley Deidrick, in an interview with JIS News. The divestment of the Norman Manley International Airport (NMIA) is scheduled to be completed by June 2019.The disclosure was made by President and Chief Executive Officer (CEO) of the Airports Authority of Jamaica and NMIA Airports Ltd., Audley Deidrick, in an interview with JIS News.Outlining the stages that have been completed to date, he informed that, “earlier this year, eight bidders were pre-qualified for the transaction, and the bidding stage was launched in June.Since that time, we had a major bidders’ conference in September, where five of the eight bidders showed”.Mr. Deidrick explained that the bidders went through a series of presentations, and the enterprise team fielded questions from them and heard concerns and issues that they wanted to see contemplated in the transaction.“Since then, they have submitted their formal requests for these matters to be considered. We are currently going through the process of assessing those requests to see what we will accept and what we will reject. Suffice it to say that they remain very actively and positively engaged,” he noted.Mr. Deidrick told JIS News that the final draft of the concession agreement is being vetted by the enterprise team, to be sent back to the bidders after review by the team, the lenders and the Cabinet.“We expect after this process that the bid launch will take place in February of 2018, and given a 30-day turnaround for the bids, by March they should have been returned. Within a month, the winning bidder will be announced by the Government. Based on this timeline, we expect to have commercial close by June of 2018,” he explained.Mr. Deidrick said that one of the proposals that the enterprise team consented to in the question-and-answer process was to extend the period for financial closure from nine months to 12 months.“As such, financial closure should take place in June of 2019, so that is when you are likely to see a new operator taking over NMIA, assuming all goes to plan,” he said.Mr. Deidrick explained that the chosen operator should be able to fulfil three critical requirements for qualification – financial strength to expand and operate the facility, technical competence to do the required construction and expansion, as well as airport operating competence and expertise.He told JIS News that all pre-qualified bidders have satisfied the requirements in every respect, and they are now required to place their most attractive bid.The chosen concessionaire will have a mandate to undertake a major capital expansion programme at the airport, which includes extension of the runway and improvement to the airside and other terminal facilities. Story Highlightslast_img read more

AMDs Trinity is out to rattle Intels Ivy Bridge

first_imgA BBC report on the Trinity launch carries comments from AMD’s CTO, Joe Macri, who talked about Trinity’s Piledriver architecture of the CPU cores. He referred to Piledriver’s energy-saving technique, which is “resonant clock mesh technology,” where some of the energy consumed while doing calculations is recycled. Further, power savings have been achieved, says AMD, by running more processes on the GPU. The power is dynamically shifted between the CPU and GPU depending on application needs.Trinity is using AMD Radeon HD 7000 Series graphics for an increase of graphics performance up to 56 percent over the previous generation, claims AMD. Trinity offers HD, 1080p resolution gaming, delivering 30 frames per second. Similarly, the industry standard for smooth gaming is 30 frames per second. While graphics performance features are a marketable strength for gamers, AMD could also benefit from a class of business computer users whose work could use higher-end graphics capabilities, as for high-definition video discussions and trader applications, where multi-screen support and high-speed rendering are important.AnandTech, in assessing Trinity’s performance, found that, while AMD had a tough job of increasing performance without ballooning die size, the die size went up only by around 7percent and yet AMD achieved “double-digit increases” over Llano in CPU and GPU performance. “If you liked Llano, you’ll love Trinity,” said the report. According to AMD, Trinity has up to 12 hours of battery life, whereas Llano offered 10.5. Once products appear that carry Trinity processors, the real numbers will either comply or will need some adjustments. Besides HP, according to reports, Asus, Lenovo, Samsung, Toshiba, and Acer may announce mobile devices based around Trinity shortly. The battery-life calculations that were announced by AMD are based on the average power on multiple benchmarks and usage scenarios, said the company. Twelve hours of battery life are based on Windows Idle (740 min./12:20 hours) as a resting metric.Technology strengths in Trinity center on having fine-tuned power management. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. © 2012 Phys.Org Explore further More information: Press release AMD Fusion APUs plumped, primped, stretched (Phys.org) — AMD has announced Trinity, its second-generation A-Series accelerated processing units (APUs), which are out to rival Intel’s Ivy Bridge processors. AMD’s Trinity is an update to its Llano, which attempted to challenge Intel’s Sandy Bridge. Trinity includes up to four CPU cores ad single GPU, with features especially suited for supporting laptops and ultra thin notebooks. The Trinity chips will appear on HP’s Sleekbook machines when the Sleekbook debuts next month. With Trinity, AMD is promoting its two appealing strong suits that sit well with manufacturers and consumers, in the name of graphics performance and power consumption. Citation: AMD’s Trinity is out to rattle Intel’s Ivy Bridge (2012, May 15) retrieved 18 August 2019 from https://phys.org/news/2012-05-amd-trinity-rattle-intel-ivy.htmllast_img read more