Japan Unveils Three Tentative Types of Smart Bus Stops in PP; Study Set for Completion in March

The feasibility study for establishing smart bus shelters in Phnom Penh by the Japanese government is ongoing and set for completion in March. The progress of this study was updated during the Cambodia-Japan Meeting of Public-Private Platform for Urban Development held on 16 February. The project is under the responsibility of the Ministry of Land, Infrastructure, Transport and Tourism of Ja...

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Australia Launches US$212m Scheme Funding Green Development

Australia has launched a US$212 million (A$300m) scheme financing developers who build green construction projects, aimed at reducing greenhouse gas emissions. According to GCR Report, the project is to encourage the use of mass timber on big construction projects. The source of the fund comes from state investor, the Clean Finance Investment Corporation (CEFC). All stakeholders including co...

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New Clean Water Treatment Plant Set to be Built in Western Phnom Penh

The Phnom Penh Water Supply Authority plans to build a new water treatment plant in the western part of the capital to increase the water supply capacity to people as the demand for clean water increases. According to the Phnom Penh Water Supply Authority, the new water treatment plant, named Boeung Thom Water Treatment Plant, has a capacity of 5,000 cubic metres per day. The water treatment...

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China to Expand High-Speed Railway Network to 50,000km by 2025

China plans to extend the length of its high-speed railway network, which is currently the world’s largest, up to 50,000km by 2025, reported SCMP. By the end of 2020, the high-speed railway network in China was 38,000km. With the expansion plan, the network will exceed the combined length of the next five countries on the list: Spain, Japan, France, Germany, and Finland. Besides expanding, C...

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PropertyGuru Asia Real Estate Summit opens its 2021 virtual edition with calls to harness the power of data to revolutionize the sector

DATA-DRIVEN INSIGHTS UNDERPIN TIMELY CONVERSATIONS ON PROPTECH, GREEN BUILDING, URBAN RESILIENCE, SMART CITIES, AND SUSTAINABILITY • Global speakers include senior representatives from the International Finance Corporation/World Bank Group, The Economist Corporate Intelligence Unit, Milken Institute, Bank of Singapore, and the Original Voice of Siri • Acclaimed Thai landscape architect Kotchak...

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Nestle Mulls Building Production Factory in Cambodia

Nestle, one of the world's largest food and beverage companies, has unveiled its business plan to build a production factory in Cambodia to replace imports from abroad. The plan was raised by the Nestle Thailand Country Director Mr Chandana Fernando in a meeting with Minister of Commerce HE Pan Sorasak, earlier this week. According to the ministry’s statement issued on 17 December, the compa...

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Giant South Korean Firm Invests Nearly US$18 billion in Vietnam in 24 years

South Korea’s electronics giant Samsung has invested nearly US$18 billion in manufacturing and research facilities in Vietnam in the last 24 years. The investment amount represents 29% of total investment in the last five, VN Express reported on 7 December. Samsung, with eight manufacturing and research facilities in the country, earned revenues of nearly US$60.5 billion in the first 10 mont...

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EU Launches €300bn Infrastructure Funding Scheme Countering China’s BRI

The European Commission and the High Representative for Foreign Affairs and Security Policy recently launched a new €300 billion global infrastructure funding program called the Global Gateway, aiming to boost recovery in low and middle-income countries as an alternative to China’s Belt and Road Initiative (BRI). Announced on 1 December, the scheme will focus on funding projects in various sect...

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Bentley Systems Announces Year in Infrastructure 2021 Winners and Founders’ Honourees

Bentley Systems, the infrastructure engineering software company, has announced the Year in Infrastructure 2021 winners and founders’ honourees. On the first of the virtual Year in Infrastructure 2021, 1 December 2021, Bentley unveiled 22 Founders’ Honourees, representing organisations or individuals whose undertakings contribute notably to infrastructure advancement and/or environmental/social...

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Vietnam Sets Goal of Increasing Renewable Energy Mix to 75% by 2045

Vietnam has set its power development plan with a focus on reducing emissions to the environment through increasing renewable energy from solar and wind. As of 2025, Vietnam has to achieve the goal of having at least 75% of national power production capacity generated from renewable energy, said its Prime Minister Pham Minh Chinh at the 2021 United Nations Climate Change Conference (COP 26) las...

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