Construction Focus
Yangon New City Tender Awarded
Three firms have been awarded the tender to build the controversial 4,745 hectare Yangon New City development to the west of the capital.
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Indonesian Rail Link Crawls Forward
Construction on Indonesia’s first high-speed railway can finally start following a construction permit being issued by the government in March.
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Bali Invites Bids for 2nd Airport
Indonesia’s largest tourist island Bali wants to build a second airport to double tourist intake from 10 million a year now to 20 million by 2025. The current airport has only one runway and may reach full capacity in as little as five years.
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Adb Funds Manila Water Tunnel
The ADB has granted a $123.3m loan to Metropolitan Waterworks and Sewerage System (MWSS) of Manila to build a new water tunnel in Manila, Philippines.
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Asean’s Appetite for Steel Rising
ASEAN countries\' steel market consumption is expected to exceed 90 million tons by 2019, a growth of 6 percent, according to a new study entitled ASEAN Countries Steel Market Outlook 2015-2019.
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Thais Go It Alone on Rail Link
The Thai Prime Minister Prayut Chan-o-cha has announced the country is capable and financially prepared to fully fund its multi-billion-baht high-speed rail project, following a visit to China.
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Virtual Reality Provides Safety Training
Asian construction firms are using a virtual reality platform to train workers in building site safety and reduce accidents.
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Construction Drop Slows S. Korean Economy
A drop in construction investment caused a slow in South Korea\'s economic growth in the final quarter of 2015, according to the Bank of Korea.
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Nagaworld Mall Opening in August
Construction on Nagacity Walk, the capital’s first underground duty-free shopping mall, is almost complete and scheduled to open in August, according to CBRE Cambodia.
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The Bay to Build in May
The Bay project has announced that it will officially start construction in May 2016 and will begin establishing franchises to secure sales.
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