Indonesia’s New Capital Project Set to Receive USD 2.7 Billion Funding in 2024
As part of its 2024 budget, Indonesia has committed IDR 40.6 trillion, which amounts to USD 2.7 billion, for the development of its new capital city. According to government ministers, construction is progressing rapidly, with the presidential office and a dozen...
Sabah To Construct A USD 852 Million Hydroelectric Dam
The Sabah state government, under Chief Minister Datuk Seri Hajiji Noor, has announced the construction of a MYR 4 billion (USD 852 Million) hydroelectric dam in Ulu Padas, Tenom to address the state’s persistent water shortage. Slated for its groundbreaking in...
Vietnam’s Mekong Delta to Draw Industrial Investment with Critical Infrastructure Projects
The Mekong Delta is set to attract impressive industrial investments to the region through a series of large-scale infrastructure projects. Among these projects, the Vinh Thanh Industrial Park, which will cover 293.7 hectares in Can Tho City, will receive USD 153...