Key Players Join Forces to Unlock Indonesia’s Modern Warehouse Investment Opportunities
Indonesia Investment Authority (INA), asset manager ESR Group, and MC Urban Development Indonesia (MCUDI), a 100% subsidiary of Mitsubishi Corporation engaged in real estate development, have announced a strategic partnership aimed at unlocking the potential of...
Vietnam to Seek More Private Investment to Construct New Seaports
In April 2023, a 24,000-TEU cargo ship M/V OOCL from Spain, on its first voyage connecting Asia and Europe, arrived at Gemalink Deepwater Seaport in the southern province of Ba Ria Vung Tau. This is also the first time Vietnam has been able to receive the...
Thailand to Build Cruise Terminal to Meet Increase in Marine Tourism
Thailand’s Marine Department has announced plans to revive the Cruise Terminal Development Project to meet the increase in marine tourism. The department has agreed to develop Bali Hai Pier in Chon Buri into a hybrid pier. The port will be constructed to function both...