The American energy company AES and Petrovietnam Gas have recently announced to receive permission from the local government of Binh Thuan Province to construct the USD 1.34 billion Son My LNG Terminal. The new terminal, when completed in 2027, will become the...
DP World is gearing up to initiate activities at Indonesia’s Belawan New Container Terminal (BNCT) following the signing of an agreement with the Indonesia Investment Authority (INA) and Pelindo aimed at overseeing terminal operations and initiating a...
Research by Procore Technologies Inc., a leading global provider of construction management software, shows that the Philippines is leading among surveyed Southeast Asian countries in plans to adopt data strategy in the construction industry. Propcore Technologies...
Malaysia Communications and Digital Minister Fahmi Fadzil has announced that the government intends to create 186 new digital economy centers (PEDi), bringing the total number of centers nationwide to 1,097. PEDi is a part of the government’s initiative to enhance...
Indonesia is ready to build its new capital, Nusantara, and the country’s parliament budget committee has recently granted an additional IDR 15 trillion (USD 1 billion) to expedite the project. The additional IDR 15 trillion is on top of the IDR 22 trillion (USD...
The Indonesia Investment Authority (INA), in partnership with Dubai Port World (DP World) from the United Arab Emirates (UAE), established a consortium named INA-DPWorld Investment Ltd (INA DPWorld). Together with Prima Terminal Petikemas Ltd (PTP), a subsidiary of...
Vietnam recently announced plans to upgrade its logistics infrastructure in the southeast region. This key southern economic region covers Ho Chi Minh City (HCMC) and the five adjacent provinces of Dong Nai, Ba Ria – Vung Tau, Binh Duong, Binh Phuoc, and Tay Ninh. The...
The Singapore government has recently announced a comprehensive digital blueprint to guide the implementation of emerging technologies, including generative AI, autonomous systems, and immersive multi-party interactions. The Digital Connectivity Blueprint sets out key...
Thai transport and tourism analysts have highlighted how the construction of Highway 12 will result in business opportunities. The highway, stretching nearly 800km, is a transport corridor linking Tak in the North with Mukdahan in the Northeast. Expectations of growth...
The United States has pledged to bolster its infrastructure development aid to the Philippines by providing over USD 3 billion (PHP 166.8 billion) in public and private financing. This substantial funding will be dedicated to supporting the construction of...
Vietnam’s population has been increasing fast, with roughly 1 million people added each year. In 2023, the country is forecasted to achieve the 100-million milestone. Ho Chi Minh City and Hanoi are the two most populous metropolitans, which are home to 9 million and 5...
The Malaysian Investment Development Authority (MIDA), the government organization responsible for promoting foreign direct investment, announced that Malaysia has established a goal to become an Asian center for shipbuilding and ship repair (SBSR). The SBSR industry...
