International News
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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Philippines to Ease Foreign Ownership
Foreign ownership rules in the construction sector are set to be relaxed in the Philippines after the government announced it is changing its constitution to increase limits in a number of sectors. Philippines Finance Secretary Carlos Dominguez made the announcement at a forum for Japanese investors in Tokyo in October, telling them that the government […]
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Pestech Win Bentley Be Inspired Award in Singapore
A Malaysian-owned power infrastructure constructor was awarded a prize for its building a power substation and transmission line in Cambodia. Pestech International Berhad, through its subsidiary in Cambodia Pestech Cambodia Limited (PCL), was granted a 25-year concession by the Cambodian government to build a substation in Kratie province and the transmission line connecting power from […]
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Capitaland Looks to Future With Alibaba and Lazada
Leading Singaporean property company CapitaLand is making agreements with two major e-commerce players in the real estate sector. Capitaland has entered into agreements to manage Alibaba’s Shanghai Center,
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Home Ownership a Priority in Southeast Asia
A Regional Consumer Sentiment Survey by online property group PropertyGuru has shown that owning a home remains a high priority for citizens of major Southeast Asian nations.
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Koh Mak Beachfront on Offer
A slice of untouched beachfront on Koh Mak island in Gulf of Thailand near the Cambodian border has been put on the market as part of plans to attract more development to the slice of paradise.
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Hcmc Ghost Tower Repossessed
A notorious uncompleted tower project in Ho Chi Minh City, Vietnam has been repossessed by creditors amid claims that over USD300 million in debt has been accrued by investors.
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