Indonesia to Expand Lombok International Airport

Indonesia to Expand Lombok International Airport

Nov 2, 2020

As part of the Indonesian government’s effort to enhance tourism, the country looks to expand the airport of Lombok: Zainuddin Abdul Madjid International. The project is estimated to be worth USD 700 million and it will be conducted via a public-private partnership...
Companies Join Hands for Transit-Oriented Developments in Indonesia

Companies Join Hands for Transit-Oriented Developments in Indonesia

Oct 1, 2020

Sinar Mas Land and Mitbana (a joint venture fund management company of Mitsubishi and Surbana Jurong) have entered into a strategic partnership to build transit-oriented developments (“TODs”) in Bumi Serpong Damai (BSD) City, Indonesia. Sinar Mas is a leading...
Construction of Malolos-Clark Railway Project to Start End of 2020

Construction of Malolos-Clark Railway Project to Start End of 2020

Oct 1, 2020

The construction of the Malolos-Clark portion of the North-South Commuter Railway (NSCR) will soon start following the signing of three civil works contracts amounting to PHP 84.9 billion (US$ 1.75 billion) in October 2020. In an online press release, Philippine...
KEPCO to Invest USD 189 Million in Power Plant Construction Project

KEPCO to Invest USD 189 Million in Power Plant Construction Project

Oct 1, 2020

Korea Electric Power Corporation (KEPCO) has decided to participate in the 1.2G W Vung Ang 2 coal-fired power project in Vietnam, investing USD 189 million to acquire a 40% stake. Once the Vietnamese government officially approves KEPCO’s participation, Samsung...