Construction Focus
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 the Thai phase expected to cost more than USD5 billion, th...
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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 than mining the natural variety, and that it makes better qua...
Read MoreHcmc 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 cost of USD1.2bn. However, delays and budget issues, related to payment issues and subsequ...
Read MoreChina to Invest Usd7bn in Four Sectors in Cambodia
Two giant Chinese property and construction players have formally announced they will invest heavily in four sectors in Cambodia with a capital investment worth USD7bn. The announcement was made in late November in Beijing, China following a working discussion between Cambodian Prime Minister Hun Sen, Mr. Zhang Yuling, Chairman of Greenland Holding Group, and Mr. Cheng Risheng, Chairman of Hena...
Read MorePhilippines 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 is also reviewing its Foreign Investment N...
Read MoreAbout Usd62m Second Ring Road in Phase Ii Completes 51%
To divert traffic from cattle truck transportation enter to the street in Phnom Penh city, the Cambodian government has endeavoured to develop the outer ring road. Particularly, the concrete construction work has completed over 50 percent of the whole the project development as of 22nd November. According to the Phnom Penh city hall released.
Read MorePestech 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 a hydrop...
Read Moreរដ្ឋាភិបាលប្រកាសសាងសង់ផ្លូវតភ្ជាប់ពីបាត់ដំបងទៅកោះកុងនៅឆ្នាំក្រោយ
ដើម្បីសម្រួលដល់ការធ្វើដំណើរ និងការដឹកជញ្ជូន ជាពិសេសការដឹកជញ្ជូនកសិផលឆ្លងកាត់ពីខេត្តបាត់ដំបង ទៅកោះកុង រដ្ឋាភិបាលកម្ពុជាបានប្រកាសសាងសង់ផ្លូវតភ្ជាប់ពីខេត្តបាត់ដំបងទៅកោះកុង (ផ្លូវជាតិលេខ៤៨) នៅឆ្នាំ ២០១៨ ខាងមុខនេះ។ ថ្លែងក្នុងពិធីប្រគល់ និងទទួលជាផ្លូវការស្ពានកោះកុង ដើម្បីដាក់ឲ្យប្រជាពលរដ្ឋប្រើប្រាស់ដោយឥតគិតថ្លៃ កាលពីថ្ងៃទី១០ វិច្ឆិកា ឯកឧត្តម ស៊ុន ចាន់ថុល រដ្ឋមន្ត្រីក្រសួងសាធារណការនិងដឹកជញ្ជូន បានម...
Read MoreBattambang-koh Kong Connected Road to Be Constructed Next Year
To ease the commuting and transportation flow - especially to take the agriculture product from Battambang to Koh Kong; the Cambodian government has announced to commence road construction, in the next coming year, from national road 48 in Koh Kong to Battambang province. ..............(The full text comming soon) https://youtu.be/smV2NH13AD8
Read MoreCapitaland 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, which comprises four office towers and a retail podium, as well as with Lazada to launch an online mall.CapitaLand and Alibaba Group are looking to integrate their retail with offline and online...
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