China-Laos railway bores first tunnel
The first tunnel on the 414km China-Laos rail link was bored in December, marking the first success of the USD5.8 billion project. The 301m Ban Somsanook No. 2 Tunnel presented a number of dangerous challenges given the mountainous terrain and geology but contractor, Sino Corporation Engineering Bureau 15 Co., successfully completed the first of many […]
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Usd1.1bn of Construction for Yangon
A rush to fill the market gap for high-end mixed-use space in Myanmar has seen three international companies announce projects worth over a billion dollars in Yangon. Two projects with a combined development value of USD700m will be built by Bouygues of France and Taisei Corporation of Japan for Singaporean developer Yoma Strategic Holdings. One, […]
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Japan and Philippines Sign Training Deal
Japan and the Philippines have initiated a training scheme for Filipino construction workers to ease skills shortages faced by both countries. The training program aims to “instil Japanese discipline” to help the Philippines ‘Build, Build, Build’ infrastructure program, while also opening up the Japanese labour market to Filipino workers for the first time. Japan is […]
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Indonesia Tenders Usd1bn Patimban Port
The Indonesian government opened tendering for construction of the planned USD1bn Patimban Port in Subang, West Java in October
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Work Starts on China-thailand High-speed Railway
Following years of often tough negotiations, work on Thailand’s first high-speed railway, financed by China, began on 21 December. The whole project will eventually run 253km from Bangkok to Nakhon Ratchisima in the northeast of Thailand and is part of China’s long term plan to link its southern border to Singapore by rail. With just […]
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Construction International News
Vietnam is considering using artificial sand after the Institute of Transport Science and Technology warned the government it could run out of naturally occurring sand within five years. The report presented to the Ho Chi Minh City Department of Transport also noted that artificial sand could be made for up to 15 percent more cheaply […]
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Hcmc Metro Project Usd800m Over Budget
The troubled second metro line project in Ho Chi Minh City (HCMC) City has continued to go over budget and time with authorities now having requested a further USD800m cash from the government to complete the project. Work on the 11km underground line began in 2010 and was scheduled to finish in 2020 at a […]
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Malaysian Market Continues Downward Trend
Following a year characterised by a steady decline in prices, the Malaysian property market will continue to reach for the bottom before eventually stabilising.
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USD700M High-end Housing Project Kicks Off
A new luxury residential project Borey R&F is set to emerge in southern Phnom Penh close to Hun Sen Boulevard in Chak Angre commune, Meanchey district after the USD700milion
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Malaysian-based Mall Set to Open
International malls have eyed Cambodia as an emerging investment for some years as the middle class consumers grow. Cambodia now is set to experience a new shopping style when Malaysian-based Phnom Penh Mega Mall
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Amusement Park to Boost Peng Houth
The Peng Houth Group has announced plans to invest USD60 million in the construction of an international-standard amusement park to further bolster their market-leading position and interest in its developments.
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Sea Gate Surfing Coastal Wave
Sea Gate, a luxury condominium development on the coast in Sihanoukville has begun to sell units as the area attracts increasing interest from overseas investors.
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