In 2021, the Indonesian Ministry of Public Works and Housing signed 982 infrastructure procurement packages worth USD 889.2 million as of January 15, 2021. To speed up national economic recovery, Indonesia is betting on government expenditure to offset contractions in...
Vietnam’s Ministry of Transport has approved Hanoi’s proposal to construct the city’s 5th Metro Line and has submitted an application to the Ministry of Investment and Planning for a pre-feasibility study. This new line will run a total length of 417...
The Department of Transportation (DOTr), in partnership with the Civil Aviation Authority of the Philippines (CAAP), has completed 121 airport projects to date. It will commence work on a further 75 airport projects. All projects are part of the government’s massive...
According to Colliers International Thailand, in 2021, land sales and leases will grow by 5-10% on average or 2,500-3,000 rai, thanks to government investment and infrastructure improvement. Additionally, the country is offering attractive perks, such as higher tax...
Japanese sporting goods company Daiwa Vietnam recently commenced the construction of its third plant in Vietnam. Worth USD 40 million and located in Hoa Khanh Industrial Zone, the project covers 4 hectares and is expected to be producing hi-tech sports equipment for...
The International Finance Corporation (IFC), a member of the World Bank Group, will provide LOGOS, an Australian logistics property group, with up to USD 120 million in debt financing for the development of Indonesia’s green logistics hub in the greater Jakarta area....
The feasibility study for Penang’s undersea tunnel project development which started in 2014 has been concluded in December 2020. The proposed undersea tunnel is part of the state government’s MYR 6.3 billion (USD 1.56 billion) integrated infrastructure...
The State Railway of Thailand (SRT) will start the bidding process for two new dual-track railway projects in February 2021. The first route will be linking the Den Chai district in Phrae with the Chiang Khong district in Chiang Rai, and the second route will stretch...
In early January 2021, the Singapore Urban Redevelopment Authority (URA) and Land Transport Authority (LTA) issued a pilot tender to set up an additional 600 electric vehicle (EV) charging stations by the third quarter of 2022. As part of the Singapore Government’s...
The Philippine Department of Transportation (DOTr) has begun inviting potential bidders to join the prequalification process for the civil works contract of the PHP 10 billion (USD 208 million) New Cebu International Container Port (NCICP) project. The project is...
The Gabungan Parti Sarawak (GPS) state government in north Sarawak is committed to improving its physical and digital infrastructure to transform Miri Hospital into the medical hub for the state’s northern region. Currently, the Miri Hospital needs to be extended and...
The Department of Public Works and Highways (DPWH) has awarded the engineering design contract for the Bataan-Cavite Interlink Bridge Project to a joint venture between T.Y. Lin International Group and Pyunghwa Engineering Consultants Limited. On board the project are...
