April 2014
An unprecedented expansion in power transmission assets is expected in Southeast Asia over the next decade. In this issue’s focus article, we look at both national and regional plans, including an integrated power grid to...
Read MoreMonth: April 2014
MIGA insures road project in Vietnam
The Multilateral Investment Guarantee Agency (MIGA) – the political risk insurance and credit enhancement arm of the World Bank group – has decided to support the rehabilitation and expansion of a section of National Highway 20...
Read MoreJICA funds four key infrastructure projects in Vietnam
The Japanese government has agreed to provide 86.4 billion yen ($851.5 million) in official development assistance to help Vietnam implement four infrastructure projects. To this effect, the Japan International Cooperation...
Read MoreVietnam Vinalines to move towards IPO
Vietnam National Shipping Lines (Vinalines), the country’s largest shipping firm that is wholly owned by the government, has kicked off the privatisation process of the parent firm by inviting consultancy agencies to conduct a...
Read MoreFirms to build $57 million-wind power plant in Central Vietnam in June 2014
Several firms, including Saigon Industry Corporation, Power Generation Corporation 2, and Ho Chi Minh City Electric Power Trading Investment Corporation, will commence construction works on a 1.2 trillion dong ($57 million)...
Read MoreChinese Companies Sign EPC Contract for $2B Power Project in Central Vietnam
China Southern Power Grid Company Limited and China Power International Holdings Limited have signed an EPC contract for a $2 billion power project in Vietnam’s central province of Binh Thuan. The Chinese companies will build...
Read MoreExxon Mobil plans $20 billion power project in Vietnam
US-based Exxon Mobil Corporation is planning to invest around $20 billion in a gas-fired power complex, in collaboration with Vietnam’s state oil and gas group, PetroVietnam. The project involves the construction of two power...
Read MoreTrue Corporation planning to sell a 25 per cent stake
Thailand-based operator True Corporation is planning to sell a 25 per cent stake via the issuance of new equity shares in the second half of 2014. The operator intends to utilise the proceeds to expand its operations in the...
Read MoreThailand Highways Department faces delay in launching 27 road projects
The Thailand Highways Department has stated that 27 road projects, involving an investment of 15 billion baht, have been delayed due to pending approval from a new government. The 27 road projects have been divided into seven...
Read MoreCarnarvon Petroleum selling 20 per cent stake in its Thailand assets
Carnarvon Petroleum is selling half of its 40 per cent stake in its Thailand assets to Singapore-based Loyz Energy. The deal is worth A$72 million ($65 million). The concessions that are being sold are L44/43, L33/43, and SW1A....
Read MorePTT allocates $616 million for second phase of Mab Ta Phut LNG terminal
PTT has allocated $616 million to undertake the development of the second phase of an LNG terminal and gasification plant at Mab Ta Phut in Rayong province. The engineering, procurement, and construction (EPC) contract was...
Read MorePTT is in talks with British Petroleum to buy 1 mtpa of LNG
Thailand-based PTT is in talks with British Petroleum to buy 1 mtpa of LNG from 2015 onwards. Thailand became the first Southeast Asian country to import LNG when it commissioned a 5 mtpa import terminal in 2011. It now plans to...
Read MoreThai court reject governments $62 billion infrastructure investment plan
The Thailand court has ruled against the government’s plan to invest $62 billion in an infrastructure project in the country. The seven-year spending plan includes the development of four high speed rail lines connecting Bangkok...
Read MoreNera Telecommunications secures two contracts worth S$ 31.1 million
Singapore-based telecom company Nera Telecommunications has secured two contracts worth S$ 31.1 million for the supply of telecom equipment. The first contract, worth S$23.2 million, has been awarded by telecom operators from...
Read MoreSembcorp Industries begins construction on a S$250 million waste-to-energy plant
Sembcorp Industries has begun construction on a S$250 million waste-to-energy plant in Singapore. The plant, located in the Sakra area of the island, will comprise two boilers with a combined capacity of 140 tonnes of steam per...
Read MoreSingapore LTA to deploy 450 buses under BSEP
The Singapore Land Transport Authority, in partnership with public transport operators SBS Transit and SMRT Buses, will add 450 buses during the 2015–17 period, as part of the Bus Service Enhancement Programme (BSEP). With these...
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Kimlun Corporation Bhd wins contract for Singapore’s MRT
Malaysia-based Kimlun Corporation Berhad has been awarded a S$20.52 million contract to supply precast concrete segments for Singapore’s MRT system. The contract that has been awarded by Shanghai Tunnel Engineering Company...
Read MoreSmart Communications to expand its 4G LTE network to all major cities by end-2014
The Philippines-based operator Smart Communications, owned by incumbent Philippine Long Distance Telephone Company (PLDT), is planning to expand its 4G LTE network to all major cities by end-2014. Smart Communications intends to...
Read MoreMaynilad Water Services to construct an STP and a 30 km sewer line in Valenzuela City
Maynilad Water Services has announced plans to construct an STP and a 30 km sewer line in Valenzuela City. The project, estimated to cost PhP 3 billion, would process 60 million litres of wastewater per day. Of its total...
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