Construction Focus
Construction of World’s Longest Subsea Electricity Cable Complete
Construction of the world’s longest subsea electricity cable connecting 720km between the UK and Norway has been completed and is set for testing this week, reported FT on Tuesday 15 June.. This interconnector project is a joint venture between the UK’s National Grid and Norway’s Statnett. The cable can carry as much as 1.4GW of power — about the capacity of a nuclear reactor. The main funct...
Read MoreJapan to Provide US$10 billion in Decarbonisation Support for ASEAN Nations
Japan is preparing to launch a US$10 billion initiative aimed at helping ASEAN countries reduce greenhouse gas emission, reported Nikkei Asia. Through this initiative, Japan will help draw a road map and set up a public and private investment and loan facilities, where all funding will be invested and lent through the Japanese government-affiliated Japan Bank for International Cooperation (JBIC...
Read MoreG7 Countries to Counter China’s BRI with US$40-trillion Build Back Better World Initiative
The United States and other members of the G7 have revealed their plan to counter China’s BRI by offering developing countries transparent infrastructure plans otherwise known as the US$40-trillion Build Back Better World (B3W) initiative, reported Reuters. The 7 nations discussed this matter during their meeting in England last week, where one agenda item was to search for a coherent response ...
Read MoreVietnam’s Phu Quoc Island Intends to Challenge Phuket and Bali as Region’s Top Tourist Destination
The Vietnamese government and private companies have recently expressed their ambition to further develop Phu Quoc island to become the region's leading tourist attraction, challenging other island paradises such as Phuket in Thailand and Bali in Indonesia, reported Nikkei Asia. Phu Quoc used to be famous for only its fish sauce production before 2013, but things changed after the Vietnamese go...
Read MoreUS Air Force Wants to Beam Solar Power from Space to Earth
The Air Force Research Laboratory (AFRL) is developing a project called SSPIDR ("Space Solar Power Incremental Demonstrations and Research") aiming to harvest solar energy in space and beam it down for usage on earth. According to a video released by AFRL last month, ground-based solar, while seemingly an attractive solution, is limited by area, the size of collectors required, and climate. ...
Read MoreFirst 3D concrete printed arched bridge to showcase in Venice Biennale exhibit
Zaha Hadid Architects (ZHA) have teamed with the Block Research Group at Zurich’s ETH university and Swiss cement company Holcim to create a “first of its kind” 3D concrete printed arched bridge, in time for the Venice Biennale exhibit, reported GCR. The Striatus 3D concrete printed masonry bridge is being built for the “Time Space Existence” exhibition, hosted by the European Cultural Centre (...
Read MoreConstruction of Thailand’s New US$63 million Highway Connecting to Cambodian Border 70% Complete
Construction of a new highway connecting Thailand’s Ban Nong Ian in Sa Kaeo province to the Cambodia-Thailand border town of Stung Bot in Banteay Meanchey province is now about 70% complete, according to the Bangkok Post yesterday. The four-lane road will be named Highway 3646 and has a total length of 25 kilometres, connecting with Highway 33 and Highway 3366 of Thailand before reaching the Ca...
Read MoreVietnam Mulls Spending US$65 billion on Transport Infrastructure
Vietnam's Ministry of Transport has recently announced plans to spend approximately US$65 billion to improve transport infrastructure nationwide. According to the 2030 master plan, the estimated budget will be used for projects such as the construction of 5,000 kilometres of expressways, a deepwater port in Hai Phong, high-speed rail routes running along major north-south arteries, and the comp...
Read MoreTokyo-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 measures and removing soil produced by drill...
Read MoreWorld’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 Saudi Fransi, Riyad Bank, Saudi British Bank and Saudi Nationa...
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