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Jcb Launches New Midi Excavators
Building on the successful introduction of next generation 6, 8, 9 and 10 tonne midi excavators last year, JCB is releasing four additional models, with operating weights of 4.8-5.7 tonnes. JCB is the world’s third largest manufacturer of construction equipment. With 22 factories around the world, the company manufactures more than 300 different machines serving various industries especially th...
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Asean Needs Usd2 Trillion for Infrastructure by 2030
The six leading ASEAN economies will need to spend around USD2.1 trillion on infrastructure construction by 2030 to provide for their growing urban populations according to HSBC bank. Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam have been identified as the ASEAN nations most in need of modernising their power and transport networks in reaction to rapid urbanisation and an e...
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Vietnam Opens World’s Biggest Aerial Tramway
The world’s largest aerial tramway has been completed across Ha Long Bay in north Vietnam. Built by Austrian engineer Doppelmayr/Garaventa, the 2,165m tramway is suspended from two concrete towers, the larger of which is nearly 190m high. The double-decker cabins are also the largest ever built and are able to carry 230 passengers each. Privately financed by Vietnamese developer Sun Group Co...
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Architect 3d Prints Earthquake Proof House
A Chinese architecture firm has 3D-printed a villa for use in the countryside which it claims can withstand an earthquake measuring 8 on the Richter scale. Huashang Tengda developed a massive, new 3D printer for the two-storey, 400sq. foot villa on- site in 45 days. The structure used 20 tons of concrete to create walls which are 25cm thick. An 8.0 earthquake would usually even cause serious da...
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Singapore, Malaysia Agree on High-speed Rail Link
Singapore and Malaysia signed an historic MOU in July after three years of negotiations, finalising construction of a high-speed rail link between the city-state and Kuala Lumpur. The MOU covers technical parameters, the commercial model, customs clearance, safety and security, the regulatory framework, as well as project management. A formal bilateral agreement will be signed in Q4. From 20...
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Indonesia’s Construction Growth Remains Strong
Indonesia’s construction industry has been growing at 8-9 percent annually and remains a key part of the nation’s future economic growth according to a report by Market Research Future (MRFR). The MRFR report ‘Investment Analysis of Construction Industry in Indonesia (2016-2021)’ showed that construction accounted for 11.92 percent of Indonesia’s GDP in 2015, with infrastructure development con...
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Komatsu Profits Fall Sharply
Japanese construction manufacturer Komatsu saw profits fall sharply by 52 percent in Q2 2016 compared to same period in 2015 due to a global economic slowdown and a strong Japanese Yen. Profits in Asia (excluding China and Japan) were down by 23.5 percent.The Middle East (47 percent) and Africa (35 percent) saw the biggest declines. The economic slowdown in China and falling oil and metal price...
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Disaster Warning System Tested in Indonesia
The Japan International Cooperation Agency (JICA) is funding the trial of a new disaster warning system, designed to monitor structural safety and avoid collapses in the developing world, on three building sites on the Jakarta metro system. The on-site visualisation (OSV) technology system works by attaching devices to walls and pillars as they are constructed which then monitors if the structu...
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Malaysia to Build Bangladesh Power Plant
Bangladesh has awarded the Malaysian government a USD2.5 billion contract to build a 1,320-megawatt coal-fired power plant. The government to government deal follows an MOU signed in 2014 to build the plant in Maheshkhali, in the Cox’s Bazar district near Chittagong. A Malaysian consortium will conduct a feasibility study prior to construction and will then have an equal equity shareholding ...
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Aiib Goes Global
The 57 members of the China-led Asian Infrastructure Investment Bank (AIIB), held its first meeting at the end of June. One of the main topics for discussion was procedures for admitting new members with a strong focus on expanding into Africa and South America.24 countries from these regions are planning to apply before 30 September including Chile, Colombia and Venezuela in Latin America, and...
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