Hoa Phat multipurpose port company has received approval from the Dung Quat Economic Zone (EZ) and Quang Ngai Industrial Parks (IPs) Authority to construct a large port complex in the province of Quang Ngai in Vietnam. Costing more than USD 162 million, the project...
With plans including the construction 25 airports and new power plants, Indonesia hopes to boost the economy by investing a record 5,957 trillion rupiah (USD 412 billion) in Infrastructure projects from 2020 – 2024. Around 40% will be directly funded by the...
The Indonesian-Chinese consortium building a high-speed rail link between the capital Jakarta and Bandung, a textiles hub, expects to earn USD 18 billion from developing four satellite towns and industrial centers. The joint venture to build the high-speed railway was...
Sunsuria Bhd, a Malaysian investment holding company, has signed a Memorandum of Understanding (MOU) with Chinese logistics provider Sinotrans to explore setting up a smart logistics park in Malaysia, and a Strategic Cooperation Agreement (SCA) with IAT automobile...
Responding to the Philippine government’s massive “Build, Build, Build” Infrastructure program, the Asian Development Bank (ADB) is ramping up its loan financing from USD 1 billion to an average of about USD 2.5 billion annually starting in 2019. In this context, the...
Surbana Jurong, a global urban and infrastructure consulting firm headquartered in Singapore and owned by Singapore’s sovereign wealth fund Temasek, and Silk Road Fund, a Chinese medium to long term investment fund dedicated to support the Belt and Road...
The State Railway of Thailand (SRT) is planning to invest THB 54 billion baht (USD 1.71 billion) to purchase additional trains for the upgraded dual-tracks which will be gradually opened between 2021 -2023.The first phase of the upgrades will require THB 7 billion...
The southern province of Dong Nai in Vietnam has advertised a list of 12 Infrastructure projects which require a more than a USD 1.2 billion investment in total. Six of the projects are in the transport sector, the largest being a 15km road in Nhon Trach District at a...
Indonesia’s president Joko Widodo inaugurated the first phase of Jakarta Mass Rapid Transit (MRT) on April 24,2019. The project was funded by the Japan International Corporation Agency, while the construction itself was done by two consortia of local and Japanese...
The East Coast Rail Link (ECRL) project in Malaysia is being revived after a significant reduction in the price by China. According to initial plans, the project would build a 688km rail line connecting the coast along South China Sea at the Thai border in the east...
Local governments and entities in the Philippines have been provided enhanced access to a facility that can fund the feasibility studies and project development phase of public-private partnership (PPP) projects, particularly those with a focus on climate resiliency....
Under its Draft Master Plan 2019 (DMP19) released on 27 March, the Urban Redevelopment Authority (URA) of Singapore has unveiled plans for underground space use in three pilot areas, namely Marina Bay, Jurong Innovation District and Punggol Digital District....
