Saudi Global Ports (SGP), a subsidiary of Singapore's PSA International, and Saudi Ports Authority (Mawani) on April 13 inked an agreement worth 2.6 billion SGD (1.84 billion USD) to build two container terminals at the King Abdulaziz Port in Saudi Arabia’s Dammam.
The Ministry of Transport has announced plans to limit the cargo handled at HCM City’s Cat Lai Port since volumes are exceeding its handling capacity, exerting pressure on the city’s transport infrastructure.
Singapore’s budget allocated for public transport will increase sharply in 2016, according to Chairman of the Government Parliamentary Committee for Transport Sitoh Yih Pin.
Da Nang International Airport, one of Vietnam’s three major airports, has asked the government for permission to upgrade its capacity to 20 million passengers a year by 2020.