Megaworld Corporation, the Philippines’ largest developer of integrated urban townships, announced that it is raising its capital spending budget to PHP 64 billion (USD 1.2 billion) over a period of 10 years in the 31-hectare Westside City, an upcoming...
The Building and Construction Authority (BCA) of Singapore is projecting that the total construction demand (value of construction contracts to be awarded) in 2019 will range between SGD 27 billion (USD 20 billion) and SGD 32 billion (USD 23.5 billion), compared to...
Hutchison Ports Thailand, the leading port operator in the country, has announced an investment of USD 600 million for the Terminal D of the Laem Chabang Port, located in Chonburi. With one of the world’s first container terminals to be fully equipped with remote...
The People’s committee in Quang Ninh, a northern province in Vietnam, plans to construct an underseas tunnel to ease traffic congestion, increase connectivity and improve road safety. If approved, the tunnel would connect the Vuon Dao T-Junction of Bai Chay Ward and...
The Indonesian Transportation Ministry presented six weighbridge revitalization projects worth IDR 330.66 billion (USD 22.80 million). The projects will comprise of three weighbridges in Sumatra – Muara Tembesi (Jambi), Merapi (South Sumatra) and Blambangan Umpu...
A comprehensive development plan (CDP) for Malaysia Vision Valley 2.0 (MVV 2.0) was launched by the Chief Minister of the state of Negeri Sembilan on 13 December, 2018. MVV 2.0 is a state-led private sector-driven development that spans across 153,411 ha in Seremban...
Two memorandum of understanding (MOU) are currently being finalized by the Spanish Embassy in the Philippines and the Philippines’ Department of Finance (DOF), following Spain’s proposal to invest in the current administration’s various projects, mainly in...
The Land Transport Authority (LTA) announced on December 26 that it has awarded six contracts totaling SGD 3.14 billion to design and construct the tunnels and commuter facilities such as pedestrian overhead bridges and bus stops for six sections of the North-South...
The State Railway of Thailand (SRT) is still considering bids for a high-speed railway project connecting three major airports. So far the Charoen Pokphand Group (CP)-led consortium has offered the most competitive bid. The CP-led consortium comprises CP, Bangkok...
Ho Chi Minh City’s department of Transportation has annouced its plan to start the construction of around 70 projects this year, including 45 projects for upgrading and expansion of roads, and 23 new bridges. Some of the notable projects are 59km section of the...
