A consortium composed of six Filipino conglomerates and Global Infrastructure Partners (GIP), a US-based investment fund manager, has established the Manila International Airport Consortium (MIAC) and submitted a PHP 100 billion (USD 1.7 billion) unsolicited proposal...
Malaysia has confirmed plans to build a USD 8.5 billion mega port aimed at increasing handling capacity for both container and conventional cargo at the main shipping hub of Port Klang. The new port will be located on Carey Island, and is intended to capture future...
Indonesian Minister of Finance Sri Mulyani Indrawati and US Secretary of the Treasury Janet Yellen have signed the Indonesia Infrastructure and Finance Compact, amounting to USD 698 million. The Compact is a bilateral agreement between the Government of Indonesia and...
The Singapore Land Transport Authority (LTA) has awarded two contracts for the provision of four key systems – signaling system, platform screen doors (PSD) system, Integrated Supervisory Control System (ISCS) and communications system – for the Cross Island Line...
The National Economic and Development Authority (NEDA) announced that President Ferdinand R. Marcos Jr. has approved 194 high-impact infrastructure flagship projects (IFPs) worth PHP 9 trillion (USD 161.9 billion). Of the 194 projects, 123 projects were initiated...
The Public Utilities Board (PUB) of Singapore has launched Singapore’s first research program dedicated to strengthening coastal protection and inland flood management capabilities. The SGD 125 million (USD 94 million) Coastal Protection and Flood Management Research...
The Thailand Board of Investment (BOI) has granted investment privileges totaling THB 56.6 billion (USD 1.64 billion) to a variety of projects aimed at enhancing the country’s infrastructure, particularly in the energy and digital sectors. In addition, the...
Airports of Thailand (AOT) has announced its intention to invest $1 billion in expanding the budget traveler terminal at Bangkok’s Don Mueang Airport. The expansion project includes the addition of 12 aircraft parking stands and 11 jet bridges, with the aim of...
The President of Indonesia, Joko Widodo, attended a ground-breaking ceremony on March 1, 2023, for the construction of a hydropower plant that will cost USD 2.6 billion and will be connected to an industrial zone in North Kalimantan. PT Kayan Hydropower Nusantara, a...
Amazon Web Services (AWS) will be launching a new AWS infrastructure Region in Malaysia, with the primary aim of connecting local developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations. AWS plans to invest...
Vietnam’s HATECO Group Joint Stock Corporation (HATECO) and APM Terminals, a division of the Danish shipping giant Maersk, have teamed up to raise the capacity of Lach Huyen Port in northern Vietnam. The strategic cooperation comprises the construction of two...
Princeton Digital Group has allocated USD 1 billion to construct new data centers to support its operations in Southeast Asia, emphasizing the continued demand for infrastructure that fuels the region’s expanding digital economy. The facilities will be located...
