Local News
Indonesia Scraps High-speed Train
The Indonesian government has cancelled the planned $5.3b, 150km high-speed train project between Jakarta and Java, opting instead for a cheaper medium-speed option.
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Ezecom Lighthouse Charity Golf Day to Launch Golden Helmet Awards
The Cambodia Chapter of the Lighthouse Club, part of a global network for construction professionals with branches in over 50 countries, is hosting a charity golf tournament in January 2015 to raise awareness for the launch of the Golden Helmet Awards for construction health and safety.
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Cambodia’s Energy Blue Print
The effort that the Cambodian government has been making over the last 6 years in particular has been providing a lot of fruit.
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Japan Joins Vietnam Airport Project
During a recent meeting between the Vietnam Ministry of Transport and its Japanese counterpart, Japan reportedly showed interest in joining the development of Vietnam’s Long Thanh International Airport.
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Hanoi Approves Two Mega Projects
Official approval has been given for two mega real estate projects in Hanoi collectively worth $2.28 billion. The projects, to be developed by Vingroup, Vietnam’s leading property firm, and Bitexco Group, which is famous for the Bitexco skyscraper in Ho Chi Minh City.
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Neak Loeung Bridge to Open Early April 2015
Once it is opened to traffic in early April 2015, the new Neak Loeung Bridge will be Cambodia’s first cable-stayed bridge. It will also be the nation’s biggest and longest bridge and one of the finest modern bridges in the region.
Read More Korean-italian Jv Builds Hydro Plant in Indonesia
Korean and Italian firms will build a major new hydropower scheme in Indonesia, partly financed by the World Bank.
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National Road 4 Expanded
Since mid-2014, the kingdom’s most important economic route, National Road No. 4 which connects Phnom Penh to Sihanoukville sea port has been undergoing a large-scale expansion.
Read More Malaysia Seeks Power Plant Partners
Malaysia’s Toyo Ink Group Berhad is currently seeking partners for a $3.5 billion joint venture to develop the Song Hau 2 thermal power plant in South Vietnam, according to the country’s foreign investment agency report.
Read More Construction Driving Economic Growth
The construction sector is now the most dynamic driver of GDP growth according to The East Asia Pacific Economic Update that was published by the World Bank at the start of October.
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