The Ministry of Public Works and Housing (PUPR) of Indonesia is requesting a USD 10.1 billion budget for 2021 to fund the country’s infrastructure projects. This marks almost a 43% increase from the current year budget. In 2021, the ministry will be focusing on...
The Malaysian Communications and Multimedia Commission (MCMC), the national regulator for the communications and multimedia industry, has announced the government’s plan to implement more communication infrastructure development projects in Sabah and Sarawak...
Kajima Corporation (Kajima), one of the largest construction companies in Japan, is investing nearly SGD 100 million (USD 74 million) to set up its first overseas innovation center in Singapore, the Kajima Global Hub, which will also serve as its Asia Pacific...
Pattaya City is moving forward with a mega infrastructure project proposal to upgrade the famous Cape Bali Hai area. Already approved at a public hearing attended by 300 representatives of government agencies and the private sector, the proposal will go to the Eastern...
An official ceremony marked the restart of work on the Rapid Transit System (RTS) Link, which will transport passengers between Johor and Singapore and was attended by both the Malaysian And Singaporean Prime Ministers, with the RTS expected to be operational by the...
Approval for two new rail routes, the Den Chai-Chiang Rai-Chiang Khong in the upper North and the Ban Phai-Mukdahan-Nakhon Phanom in the upper Northeast, will be requested from the Thai government, with the project totaling USD 4.8 billion. The first will branch out...
Vietnam-based Tecco Group has signed an agreement with PHILUX Global Funds, to launch PHILUX Infrastructure Fund, the first-ever Luxembourg-based infrastructure fund for Vietnam. PHILUX Global Funds Sis a Luxembourg-based bank with various investment sectors including...
The Ministry of Public Works and Public Housing (PUPR) has developed seven irrigation networks to support the country’s economic setback due to COVID-19 pandemic. Besides the additional irrigation systems, the Ministry also looks to build several dams throughout...
Port Klang Authority (PKA), the government agency that regulates and owns Malaysia’s busiest port and the 12th largest container port in the world, Port of Klang, has introduced seven initiatives amounting to MYR 17.23 million (USD 4.1 million) to ease the financial...
The Philippines’ Department of Transportation has recently signed two contracts worth around USD 728 million for the flagship Malolos–Clark Railway Project, which is financed by the Asian Development Bank (ADB). The railway project will see the construction of...
The US Trade and Development Agency (USTDA) has awarded a grant to PT Nusatama Properta Panbil to promote continued economic growth and energy security in Indonesia. The fund will be utilized for a feasibility study to evaluate the development of a liquefied natural...
BEST Inc (“BEST”), a Chinese integrated smart supply chain solutions provider, backed by the Alibaba Group, is launching its services in Malaysia as part of its expansion into South East Asia. The company is also entering into Singapore and Cambodia. It...
