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ខ្មែរ Construction Focus
Chom Chao Flyover to Start Construction in April
- 19 February 2018
Construction of a new flyover at Chom Chao roundabout is expected to start in April following the approval and finalization of the design by the planning committee in mid-February. The new flyover will help ease traffic congestion on the multiple routes leaving and entering Phnom Penh City including National Road No.3 and No.4, Chom Chao road and Russian Bouelvard. Chom Chao is a central artery...
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Hcmc Metro Project Usd800m Over Budget
- 15 February 2018
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 cost of USD1.2bn. However, delays and budget issues, related to payment issues and subsequ...
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Usd17m National Road No 3 and 7 Upgrades to Start in April
- 6 February 2018
The Minister of Public Works and Transportation (MPWT) yesterday signed a contract with Sichuan Road and Bridge (Group) Corporation Ltd for a USD16.9 million project to upgrade and maintain parts of National Roads No. 3 and 7 under the Road Asset Management Project II (RAMP II). Under a loan from the World Bank, RAMP II is worth a total of USD60 million dollars and will be used to upgrade and m...
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Aecom Overseeing Malaysia Rail Link
- 3 February 2018
US engineering firm Aecom has been selected by the China Communications Construction Company (CCCC) to supervise the construction sites on the USD13bn East Coast Rail Link (ECRL) project in Malaysia. In a press release, Aecom said it would be looking after all stations, viaducts, tunnels and depots on the project, which involves building an electrified standard-gauge line from Port Klang, in th...
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Usd6.7bn Upgrade Proposed for Philippines Airport
- 2 February 2018
A USD6.7 billion proposal to triple the capacity of Ninoy Aquino International Airport (NAIA) in the Philippines capital of Manila has been submitted by a local consortium to the Department of Transportation for consideration. The 70-year-old airport has far exceeded its original annual capacity of 30 million and last year saw over 42 million passengers transit. The new proposal has been sub...
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Oxley on Track With Usd2.5bn Myanmar Station Upgrade
- 2 February 2018
Yangon Central Railway Station area in Myanmar is set to be transformed into a modern transport hub in a USD2.5 billion renovation to be carried out by a consortium of A Singapore-listed Oxley Holdings, local firm Min Dhama Co Ltd and Beijing-based Sino Great Wall Co Ltd. Myanmar Railways selected the group to develop to develop the 25.7 hectare site located on the station originally built in t...
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Mlmupc Diary: November – December 2017
- 20 January 2018
(06 Nov) Monthly work reviewed Minister of Construction H.E. Chea Sophara presided over a meeting on monthly work progression for October, and set new objectives for November. In the official meeting, the Minister made an announcement to appoint officers and for them to make their commitment to achieve the collective goals for the ministry. (08 Nov) Affordable housing project kicks off ...
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Mitsubishi Invest in Hcmc Residential
- 15 January 2018
Mitsubishi Corporation (MC) recently announced that it had reached an agreement on its participation in a residential development project underway in Ho Chi Minh City (HCMC), Vietnam. The project is being developed by Phuc Khang Investment and Construction Corporation (PK), a real estate developer in Vietnam. MC is already engaged the real estate development business in two cities in Vietnam - ...
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Singha, Hong Kong Land Ink Jv
- 15 January 2018
Singha and Hong Kong Land have signed a deal to develop a luxury condominium project in Bangkok’s central business district.Singha Estate is the property development arm of Boon Rawd Brewery which produces the iconic beer. The USD61.3 million project is the second time the companies have come together in a real estate joint venture.The first project, The Esse Sukhumvit 36, is a high-rise condo pro...
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Hong Kong Apartment Sale Highest in Asia
- 15 January 2018
A luxury apartment in Hong Kong’s exclusive Peak district has sold for USD17, 000 per square foot making it Asia’s most expensive residential real estate by area. The unidentified buyer purchased two adjoining apartments for a total of USD220 million with the square footage record broken by the smaller of the two which sold for USD80 million. Hong Kong is currently experiencing a huge boom a...
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