The Civil Engineering Construction Corporation No. 4 (CIENCO4) on August 13 announced that it has partnered with Japan’s G.K World Business Investment to set up the CIENCO4 Japan Bridge (C4JB).
The Ministry of Transport plans to begin work on nine major infrastructure projects in the south this year to reduce traffic congestion and improve connectivity.
A new bill introduced on April 5 is expected to pave the way for the Singaporean Government to pay for major national infrastructure projects through borrowing.
The southern province of Binh Phuoc is soliciting investment in a series of infrastructure projects including airport and industrial parks in 2020-2025.
Thailand’s Finance Minister Arkhom Termpittayapaisith has signed an agreement to borrow 1.5 billion USD from the Asian Development Bank (ADB) to address economic and social issues caused by COVID-19.
Government-sponsored development banks of Japan, China and the Republic of Korea signed an agreement with major financial institutions in the Association of Southeast Asian Nations (ASEAN) to boost inter-bank cooperation during the ASEAN Plus Three Summit held virtually on November 14.
A proper mechanism is needed to attract investors to infrastructure projects implemented following the public-private partnership (PPP) model, experts have said.
Politburo member Nguyen Van Binh, head of the Party Central Committee’s Economic Commission in Hanoi, hosted a reception for Adam Boehler, CEO of the US International Development Finance Corporation (DFC), on October 26.
The HCM City Department of Transport is urging the city People's Committee to approve investment for 55 urgent transport infrastructure projects next year, including five new overhead roads to ease traffic congestion at hotspots connecting eastern and western areas.
Hanoi’s outskirts district of Dong Anh on October 5 began the construction of three infrastructure projects worth a total of 1.2 trillion VND (nearly 52 million USD), an activity to mark the 1,010th anniversary of Thang Long-Hanoi and the 66th anniversary of the capital city’s Liberation Day.
Leading steel manufacturer Hoa Phat Group sold 300,000 tonnes of construction steel in July, a rise of 19 percent over that in June and 27.5 percent year on year.
The Indonesian government will intensify labour-intensive infrastructure projects in different parts of Indonesia to offer employment to members of the low-income community to maintain their purchasing power amid the ongoing COVID-19 pandemic.
The acceleration of investment disbursement for transport infrastructure projects is extremely important as the economy has been heavily affected by the COVID-19 epidemic, Prime Minister Nguyen Xuan Phuc said at a meeting of the Government’s standing board in Hanoi on March 12.
Ho Chi Minh City's authorities are planning to complete or start key transport infrastructure projects this year in an aim to reduce traffic congestion and develop connections between the city and neighbouring provinces.
The International Development Finance Corporation (IDFC) – an independent agency under the US government – plans to invest 15 billion USD in Indonesia, according to the Southeast Asian country’s Coordating Minister for Economic Affairs Airlangga Hartarto.
The Southern Key Economic Zone needs specially tailored policies to attract large amounts of foreign direct investment and improve linkages between localities to ensure sustainable development, experts have said.
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