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ខ្មែរ International News
Korean Incheon Airport Corporation Expands Global Footprint with USD 13bn Project in Vietnam
- 27 August 2024
In a significant move to expand its global presence, Incheon International Airport Corporation has been selected as the preferred contractor for consulting services on the operation of Vietnam’s new Long Thanh International Airport. The project, which marks a major milestone in Southeast Asia, is set to reduce congestion at the overburdened Tan Son Nhat International Airport in Ho Chi Minh City. D...
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Sembcorp Targets Low-Carbon Leadership with Bold Industrial Park Expansion Across Asia Eyeing Vietnam & Indonesia First
- 22 August 2024
Sembcorp Industries (Sembcorp) is set to lead the development of low-carbon industrial parks in Asia, with a strategic plan to expand its land bank to 18,000 hectares by 2028 and boost its industrial property portfolio from 100,000 square metres to 1.5 million square metres. With Vietnam and Indonesia presenting robust growth opportunities due to strong GDP performance, increased manufacturing act...
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Global Supply Chain Shift from China, While Thailand Emerges as Key Player
- 4 August 2024
Thailand has positioned itself as a prime investment destination in the ongoing supply chain reformation from China, attracting substantial investment across key industrial clusters over the next decade, according to Michael Glancy, Country Head of JLL Thailand. This shift, driven by the need for supply chain diversification, is detailed in a recent report by Jones Lang LaSalle (JLL) published by ...
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Vietnam’s Trade Ministry Requests PM’s Approval on Cambodian Sand Imports to Address 2.3m Cubic Metres Demand
- 25 June 2024
The Vietnamese Ministry of Industry and Trade has proposed to Prime Minister Phạm Minh Chính to import construction sand from Cambodia to address the country's annual demand of 2.3 million cubic metres. This recommendation follows a feasibility study indicating Cambodia's ability to supply sand for Vietnam’s long-term construction needs, as reported by Vietnamnews.vn on 24 June 2024. The feasib...
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Construction Begins on Quảng Trị’s US$580m Deep-water Port After 4-Year Delay
- 15 April 2024
Construction of the long-awaited Mỹ Thủy deep-water port project in Quảng Trị Southeast Economic Zone finally commenced on Monday, following a four-year delay, according to Vietnamnews on 26 March 2024. Approved by the Prime Minister on 4 January 2019, with a total investment of VNĐ14.2 trillion (US$580 million), this project is of paramount importance to Quảng Trị province. It not only serves ...
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COP28 Targets Tripled Renewable Energy by 2030, Unveils Asia’s US$7bn Solar and US$58bn Wind Power Market
- 2 April 2024
At the recent COP28 summit in Dubai, the world witnessed a monumental agreement among over 100 nations to triple renewable energy production by 2030. This ambitious pact, unparalleled in its scale and urgency, aims to nearly double the current annual growth rate of renewable sources like wind, solar, and geothermal power, heralding a decisive step towards combating climate change, according to an ...
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Bentley Systems Issues Call for Nominations for the 2024 Going Digital Awards in Infrastructure
- 17 March 2024
Winners to be Selected and Announced at The Year in Infrastructure and Going Digital Awards Event in Vancouver EXTON, Pa. – March 14, 2024 – Bentley Systems, Incorporated (Nasdaq: BSY), the infrastructure engineering software company, today announced its call for nominations for the 2024 Going Digital Awards in Infrastructure. The awards, which are judged by independent juries of industry experts...
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Westports Holdings Explores External Investors for US$8.3bn Expansion Amidst Southeast Asia’s Port Race
- 18 February 2024
Westports Holdings Bhd., Malaysia's largest port operator, is contemplating the inclusion of external strategic investors to facilitate the funding of its ambitious 39.6 billion ringgit (US$8.3 billion) expansion. The plan involves nearly doubling the port's capacity over the coming decades, positioning it as a key player in the competitive Southeast Asian port landscape, according to Bloomberg on...
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Hong Kong Economists Predict Global Economic Inflation to Remain Stagnant at 10% in 2024
- 13 February 2024
As the world steps into 2024, the global economy finds itself at a crossroads, grappling with a delicate balance of risks that could shape the trajectory of the year. Schroders, in their insightful analysis on 1 February 2024, sheds light on a nuanced economic landscape, hinting at potential challenges and opportunities. Schroders underscores a notable risk concerning the effectiveness of monet...
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While China-Western Trade Tension Increases, China-ASEAN Trade Increases, with US$616bn Surge Projected
- 22 January 2024
In the face of persistent trade tensions and escalating barriers between China and the West, a new analysis by Boston Consulting Group (BCG) forecasts a substantial surge in trade between China and the Association of Southeast Asian Nations (ASEAN). According to a zawya.com report on 9 January 2024, this burgeoning economic partnership is poised to reach an impressive US$616 billion in the coming ...
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