Browsing: Industry News

China unveils first domestically-built bullet train

The first high-speed train designed and manufactured entirely in China debuted on the Beijing-Shanghai line on Monday. It boasts a top speed of 400 kilometers per hour (kph). The high-speed train is called ‘Fuxing’ which means


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Japan eyes opening procurement bidding, lowering tariffs as EU trade pact bargaining chip

In negotiations with the European Union on an economic partnership agreement, Japan may be reviewing several compromises in areas including university and hospital projects, railway operators, and tariffs, according to several sources. Tokyo is considering opening


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Atkins appointed by Vietnam’s Empire Group to provide architecture & interior design services for Cocobay Towers

Atkins has been appointed by Empire Group, one of Vietnam’s leading property development pioneers to provide architecture and interior design services for Cocobay Towers. The project is a new architectural icon created by Atkins, following the


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Beijing’s first maglev line to make trial run before year’s end

Beijing’s first rail line using magnetic levitation technology is scheduled to start running next year, with engineers now testing the new trains, city officials announced on Sunday. The overhead maglev line, named S1, will run in


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Nepal pens hydro plant deal

Nepal has signed an agreement with a Chinese firm to build the largest hydroelectric plant in the poor landlocked country, which suffers from a chronic power shortage. Nepal’s energy minister Janardan Sharma signed the agreement for


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New agency to focus on urban renewal in Taiwan

The new center’s mandate is to manage social housing and execute renewal projects, but its first task will be to manage a housing unit for Universiade teams A national housing and urban renewal agency is to


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Chinese company to build Africa’s tallest skyscraper in Morocco

A Chinese company has defeated seven rivals in a bidding war for the privilege of building the tallest building on the continent of Africa. State-owned giant China Railway Construction Corporation (CRCC) announced yesterday that it would


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Taiwan: Committee passes infrastructure bill

The legislature’s Economics Committee yesterday approved a preliminary review of the Forward-looking Infrastructure Development Program yesterday, despite protests and objections by Chinese Nationalist Party (KMT) lawmakers. The eight-year program aims to allocate NT$880 billion (US$29.18 billion)


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China touts ‘project of the century’

Chinese President Xi Jinping touted today China’s new Silk Road as “a project of the century” at a summit highlighting its growing leadership on globalisation. “We should build an open platform of cooperation and uphold and


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Nepal signs up to China’s new Silk Road plan

KATHMANDU: Nepal on Friday signed up to China’s new Silk Road drive, a massive infrastructure project spanning some 65 countries at the centre of the Asian giant’s push to expand its global influence. The long discussed


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