US$1.4bn Waste-to-Hydrogen Plant Planned to Be Built in Oman

A waste-to-hydrogen plant with an investment value of US$14 billion is to be built in Oman. Once completed, it will be able to generate 67,000 tons of green hydrogen annually. US-based hydrogen generation and storage company H2-Industries has already signed an MoU with Madayn (Public Establishment For Industrial Estates) for this power project already, according to Power Engineering Internation...

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ELT, Pointer Join Hands Developing New Large-Scale Innovative Residential Project in Southern Phnom Penh

Two renowned key real estate players—ELT Development and Pointer Property –have joined hands to develop a new residential development in the southern part of Phnom Penh along Hun Sen Blvd, namely Borey ELT Courtyard 60m. ELT Development is a reputable company and has been actively involved in building human resources and education in Cambodia for over 20 years since 1994, while Pointer Property...

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Cambodia’s Second EV Charging Station Launched

The second electric vehicle charging station in Cambodia has been officially launched as the government has been promoting the use of electric vehicles. This new EV charging station is located at the 50th Caltex gas station in Sangkat Prey Sa in Dangkor district. The charging station is the second following the first one launched at the Ministry of Public Works in March with the help of UNDP...

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Vietnam to Open World’s Longest Glass Bridge for Tourists in by Late April

A 632-metre-long glass bridge, the world's longest is scheduled to open in Vietnam’s Moc Chau town for tourists this upcoming 30 April, according to the VN Express. Located in the Moc Chau Island tourist area in Son La Province, around 200 kilometres from Hanoi, the Bach Long bridge is reaching completion. Once completed and open, this bridge will win over the current world's longest and hig...

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Iron & Steel Imports Value in Q1 at US$84 million, 3.5% Y-o-Y Increase

The value of steel and steel imports in Q1 2022 was US$84 million, an increase of 3.5% compared to the same period last year, according to the three-month report of the General Department of Customs and Excise. In March alone, the value of steel and steel imports amounted to US$26.29 million, the report added. During the first quarter, the GDCE collected a total of duties of approx. US$590 m...

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Indonesia’s First High-Speed Railway to Start First Trial in November

Indonesia’s first high-speed railway connecting the country's largest cities of Jakarta and Bandung is set to begin a test run in November in time for the G20 meeting in Bali, reported GCR. After a difficult six-year construction period, the project is now at 80% completion, according to the governor of West Java province Ridwan Kamil. With test runs expected in November this year, the actua...

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Oman’s US$1bn Sustainable Tourism City Launched in Oman

Oman has officially launched the first phase of its US$1-billion mega coastal tourism city development— the Yiti Sustainable City. Spreading on over 100ha of land in Muscat, the project is being implemented by Tourism Development Company (Omran Group) and Diamond Developers. According to the firm’s press release on 30 March, the first phase will include 1,657 energy-efficient residential uni...

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Canada to build multibillion-dollar hyperloop train linking 2 major cities

French Canadian firm TransPod says it has already raised US$550 million for its multibillion-dollar project to build an ultra-fast vacuum tube link between Calgary and Edmonton, reported GCR. The money was raised from UK project finance group Broughton Capital and Chinese state-owned industrial trading company China-East Resources Import & Export. If it is built, the hyperloop would whis...

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World’s skinniest skyscraper completed in New York

The world’s skinniest skyscraper in the world located in New York City— Steinway Tower or111 West 57th Street— has been completed and is ready for residents to move in. This luxurious apartment tower has a height of 435m, 24 times of its width, with a total of 84 floors and over 530,000 sqm of floor space. Developed by JDS Development Group and Property Markets Group with a cost of US$2 bill...

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Germany, Norway mull building hydrogen pipeline as alternative to Russian gas

Germany and Norway mull building a hydrogen pipeline linking the two nations to reduce Europe’s dependence on Russian energy supplies, reported Bloomberg. The two nations already signed a statement last month agreeing to build infrastructure to support the export of hydrogen from Norway to Germany. The feasibility study on the project is set to be conducted soon. “Over the coming months a...

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