Malaysia to Build Mega Port on Carey Island
Malaysia has confirmed plans to build a USD 8.5 billion mega port aimed at increasing handling capacity for both container and conventional cargo at the main shipping hub of Port Klang. The new port will be located on Carey Island, and is intended to capture future...
Indonesia and the United States Sign USD 698 Million Infrastructure and Finance Compact
Indonesian Minister of Finance Sri Mulyani Indrawati and US Secretary of the Treasury Janet Yellen have signed the Indonesia Infrastructure and Finance Compact, amounting to USD 698 million. The Compact is a bilateral agreement between the Government of Indonesia and...
LTA Awards Two Contracts for Cross Island Line Systems
The Singapore Land Transport Authority (LTA) has awarded two contracts for the provision of four key systems – signaling system, platform screen doors (PSD) system, Integrated Supervisory Control System (ISCS) and communications system – for the Cross Island Line...