International News
Vietnam Mulls Upgrading Highway 62 Connecting Ho Chi Minh to Cambodia Border Prey Vor
A proposal to upgrade Vietnam’s National Highway 62 connecting Ho Chi Minh City to the Cambodia border Prey Vor in Svay Reing province has been submitted to the Vietnamese Ministry of Transport, reported VN Express on 15 May. According to the proposal, the renovation project would cost an estimated US$97.9 million but will help shorten […]
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Tokyo-Nagoya Maglev Line Construction to Cost US$14 billion More
The ultra-high-speed maglev train project running between Tokyo to Nagoya is expected to cost up to US$64 billion, an increase of almost US$14 billion in addition to the original estimated cost, according to Nikkei Asia. The increase in budget is from the higher than expected costs for building complicated segments as well as from earthquake-proofing […]
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World’s Largest Ecotourism Project Gets US$3.76bn, First Phase Open Next Year
The Red Sea Development Company (TRSDC), the developer behind the world’s most ambitious regenerative tourism project on the Red Sea has closed a US$3.76 billion term loan with four Saudi banks. Meanwhile, the resort is expected to welcome tourists for the first time in 2022. According to the firm’s press release on 27 April, Banque […]
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Will Conflict Between China and Australia Over BRI Contract Affect Cambodia?
Photo credit to Wccftech On 21 April, the Australian government announced it would revoke contracts signed by the state of Victoria with China over the Belt and Road Initiative in 2018 and 2019, stating that they were out of line with Australia’s foreign policy and their action is to prevent Australia from hosting a giant […]
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China Proposes “Super Grid” Connecting Five Other Countries to Reduce Renewable Energy Costs
Chinese scientists have proposed constructing a “super grid” connecting China with five other major countries, including Russia, Mongolia, South Korea, North Korea and Japan, to reduce the cost of renewable energy to be as cheap as coal power. According to the Global Construction Review, the electricity consumption of the six countries at the moment accounts […]
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Japanese, Singaporean Firm to Jointly Establish First Transit-Oriented Mixed-Use Development in Jakarta
Photo credit to GCR Japanese firm Mitsubishi and Singaporean state-owned developer Surbana Jurong will jointly establish the first transit-oriented mixed-use development in Jakarta, Indonesia, according to the Global Construction Review recently. The project will be developed on an area of 6 hectares of land connected to Cisauk Train Station in the Intermoda district of Bumi […]
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Why Don’t We Build the World’s Largest Solar Farm in the Sahara Desert?
Photo: Aerial view of a large concentrated solar power plant. Novikov Aleksey/Shutterstock. Credit to the conversation. Renewable energy from solar panels has now become one of the most popular energy alternatives. However, solar farm require large space and strong light. So, why don’t we build a large-scale solar farm on the world’s largest desert in […]
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New Zealand Firm Unveils Tyres-to-Cement Production Technology
A New Zealand construction company Fletcher Building has recently completed a study to divert used tyres from landfill to cement manufacture, which could help reduce carbon emissions by over 13,000 tons per year. According to the Global Construction Review’s report on 1 April, the company will burn a total of 3 million used tyres a […]
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Seven Expressways Worth US$6.5 Billion to Boost Logistics Network in Mekong Delta Region
At least seven expressways with a total length of over 1,000 km are gradually emerging on the Mekong Delta region in the next 5 to 10 years, marking another major infrastructure that regional logistic system. According to Vietnam VnExpress, those seven projects include: 1. Trung Luong-My Thuan Expressway Project The project has a total […]
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HCMC-Moc Bai Expressway Construction to Begin in 2023, PP-Bavet Still Being Studied
Construction of the US$587-million HCMC- Moc Bai expressway is set to begin in 2023 and be completed in 2025, while the Phnom Penh to Bavet expressway on the Cambodia side is still undergoing a feasibility study. According to the VN Express report yesterday, the authorities are trying to complete procedures and the feasibility study of […]
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