US$7.2b Jakarta-Bandung High-Speed Railway Set to Revolutionize Indonesian Transport

Indonesia is set to mark its 78th Independence Day with the opening of the highly anticipated Jakarta-Bandung High-Speed Railway, a landmark project that will connect the capital to the thriving city of Bandung in just 40 minutes. The US$7.2 billion railway, a flagship initiative of China's Belt and Road Initiative, has been years in the making and is being spearheaded by the Indonesian-Chinese co...

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WSB and Bentley Systems Collaborate to Offer New Digital Construction Management Service Based on SYNCHRO

Will Provide Digital Integrator and Advisory Services for Construction Digital Twins Running in Bentley Infrastructure Cloud Bentley Systems, a leading infrastructure software provider, has partnered with WSB, a digital construction management solution provider, to create a new service that will help civil infrastructure owners and contractors adopt and utilize infrastructure digital twins. The...

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Thai Conglomerate PTT Invests in 420-Megawatt Solar Power Plant in India

Global Power Synergy Public Company (GPSC), a subsidiary of Thailand's PTT, has secured the rights to invest in a 420-megawatt solar power plant in India through its renewable energy arm, Avaada Energy Private. The project, which will be completed within 18 months, will be crucial in India's aim to increase its renewable energy generation capacity to more than 5,000MW and to have clean energy acco...

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Laos to become major exporter of electricity in ASEAN

Laos has been becoming a major source of electricity in ASEAN as it has been selling electricity to its neighbouring countries on a large scale. Laos earned more than 1.76 billion USD from electricity export in 2022, up 7.5% from last year, the country's media reported. For 2023, the Lao Government has set a target of generating at least 51,134 million kWh, equivalent to more than 41.32 trillio...

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Giant PTT To Invest US$900M More on Local and Overseas Business

Thailand PTT Oil and Retail Business Pcl, a leading oil and gas retailer, has revealed plans to invest $900 million this year to expand its local and overseas business. The announcement was made by Chief Executive Officer Disathat Panyarachun, as reported by Bangkok Post on 28 March 2023. According to Disathat, approximately 45% of the budget will be allocated to expanding the company's Cafe Am...

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Thailand to Invest $1.4 Billion in 7 New Airports

Thailand's Department of Airports (DOA) is set to invest THB 50 billion ($1.46 billion) in the development of seven new regional airports in the country, aimed at improving connectivity and providing more travel options for both domestic and international tourists. The airports will be built in lesser-known provinces that were previously delayed due to the pandemic. According to DOA, the new ai...

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US$4.2 Bln Hanoi Smart City to Begin Work in 2023

Sumitomo Corp, a Japanese trading company, and Vietnamese real estate developer BRG Group are set to commence work on a $4.2-billion smart city in Hanoi, Vietnam, in 2023. According to Shiomi Keigo, Sumitomo's chairman and CEO, the companies have requested that Hanoi authorities expedite the process of adjusting the 1:500-scale plan to allow for the project's implementation to coincide with the...

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Vietnam Invests Nearly US$76m to Connect Quang Nam Province to Cambodia, Laos, and Thailand

Vietnam is set to invest over US$75.8 million to construct a 90km road upgrade project connecting Quang Nam province to the Central Highlands region and neighbouring countries: Lao, Cambodia and Thailand.  The project, which was launched by the transport ministry and provincial People’s Committee, will renovate 74km of NR14E from 2021 to 2025, with the rest of the route connected to NR1 and the...

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Asia-Pacific GDP Forecast to Grow Slowly in 2023, Drop to 2.9% Growth in 2024

The Asia-Pacific region's economy is expected to experience slow growth in 2023, according to a report from an Asia-Pacific Economic Cooperation (APEC) research unit. The report forecasts that the region's GDP will expand by 3.1% this year before dropping to 2.9% growth in 2024, due to downside risks continuing to pressure recovery. "The enduring pandemic, high inflation coupled with rising int...

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Bentley Systems Issues Call for Nominations for the 2023 Going Digital Awards in Infrastructure

Winners to be Selected and Announced at the Year in Infrastructure and Going Digital Awards Event in Singapore Bentley Systems, the infrastructure engineering software company, today announced its call for nominations for its 2023 Going Digital Awards in Infrastructure. The awards program, which is judged by independent industry experts, seeks to recognize infrastructure projects for their inno...

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