The Maritime and Port Authority of Singapore (MPA) signed a memorandum of understanding (MOU) with the American Bureau of Shipping (ABS) to renew their maritime partnership in areas of research, development, and innovation. The MOU will strengthen MPA’s partnership...
As of October 2020, Thailand has welcomed 277 investment projects in its Eastern Economic Corridor (EEC), a development project that aims to transform the country’s eastern provinces into an economic hub, attracting USD 5.3 billion in investments this year....
The Airports Corporation of Vietnam (ACV) commenced construction work for the new Long Thanh International Airport in December 2020. This is an airport development project planned 40 km east of Ho Chi Minh City to alleviate traffic congestion at Tan Son Nhat...
As part of the Indonesian government’s effort to enhance tourism, the country looks to expand the airport of Lombok: Zainuddin Abdul Madjid International. The project is estimated to be worth USD 700 million and it will be conducted via a public-private partnership...
Sinar Mas Land and Mitbana (a joint venture fund management company of Mitsubishi and Surbana Jurong) have entered into a strategic partnership to build transit-oriented developments (“TODs”) in Bumi Serpong Damai (BSD) City, Indonesia. Sinar Mas is a leading...
The construction of the Malolos-Clark portion of the North-South Commuter Railway (NSCR) will soon start following the signing of three civil works contracts amounting to PHP 84.9 billion (US$ 1.75 billion) in October 2020. In an online press release, Philippine...
Korea Electric Power Corporation (KEPCO) has decided to participate in the 1.2G W Vung Ang 2 coal-fired power project in Vietnam, investing USD 189 million to acquire a 40% stake. Once the Vietnamese government officially approves KEPCO’s participation, Samsung...
A Request for Proposals (RFP) for the Putrajaya Monorail project will be released by the Malaysian Federal Territories Ministry in December 2020 to allow the project to be continued with participation from the private sector. Federal Territories Minister Annuar Musa,...
The Building and Construction Authority (BCA) and the Ministry of National Development (MND) have announced the launch of the Built Environment Living Lab Framework (BE LLF) which will facilitate test-bedding of innovative proposals in urban spaces and living...
Thailand Prime Minister Prayut Chan-o-cha has ordered a new feasibility study to build a land bridge between the Gulf of Thailand and the Andaman Sea, seen as a potentially key part of a new major economic development plan. According to the government, the land bridge...
The Philippine government is pushing infrastructure development under the administration’s flagship “Build, Build, Build” program to help the country’s economy recover from the impact of the COVID-19 pandemic. Philippine President Rodrigo...
LOGOS, a logistics firm from Australia, has announced expansion to Vietnam, bringing in a yet-to-be-disclosed partner to establish a new venture. The venture will focus on the key cities of Ho Chi Minh, Hanoi and Da Nang and aims to establish an initial forecast...
