Construction Focus
Asian Infrastructure Investment Bank Born
China hosted the signing ceremony of the Asian Infrastructure Investment Bank (AIIB) in Beijing on 29 June. The AIIB will finance Asian energy, transport and infrastructure projects, and will rival the World Bank and Asian Development Bank.
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Certifying Cambodia?s Architects
Cambodia has around 2,500 local architects, but only 185 of them are registered with the country’s public architecture, less than 10%. The government would like to change that.
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Philippines Rail Project Sets Japan Oda Record
Japan has pledged its largest ODA (Overseas Development Assistance) ever provided to a partner nation with $2bn for the construction of a commuter train line in the Philippines.
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Casa Meridian Opens Sales Office, Breaks Ground
The Casa Meridian condominium development on Phnom Penh’s Diamond Island kicked off a new phase of development, opening its sales center and starting construction at the end of May.
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Vietnam Must Spend 50bn on Transport
Vietnam needs to spend $50bn on transport infrastructure over the next five years to maintain current levels of economic growth, according to the country’s Planning and Investment Department.
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The Heat of the Matter
Cambodia’s tropical geography makes it a hot and humid country all year round. This often creates harsh working environments for workers, especially in factories, which themselves also have to pay high energy bills for cooling devices.
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Construction Starts on Vietnam?s Tallest Building
Construction has begun on the Vincom Landmark 81 - a supertall 460m skyscraper in Ho Chi Minh City, Vietnam.
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Bosch Records Double Digit Growth in Cambodia
Since its official inception in Cambodia in 2010, Robert Bosch, a world leader in technologies and services, has recorded doubled digit growth in the local market.
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Kl?s New Airport Sinking
KL’S NEW AIRPORT SINKINGAsia’s fastest growing airport is facing criticism that its newly-built KLIA2 terminal is sinking after being built on swampland.
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Kerry Worldbridge Sez Breaks Ground
The $100m Kerry Worldbridge Special Economic Zone (KWB SEZ) which broke ground at the start of July expects to eventually create 25,000 jobs on a 63-hectare site 17km south of Phnom Penh, according to its directors.
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