Browsing: Industry News

India needs foreign capital to fix its infrastructure

Prakash Javadekar, minister of environment, forest and climate change and minister of information and broadcasting in India, was quoted by media reports as saying recently that the Indian government is likely to invest 100 trillion rupees


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FIDIC inks collaboration agreement with China International Contractors Association

FIDIC has signed a ground-breaking memorandum of understanding (MoU) with the China International Contractors Association (CHINCA) to improve collaboration between international and Chinese businesses, facilitate skills and knowledge transfer and increase the understanding and use of


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China Communications Construction Company sees 6% profit increase

China Communications Construction Company (1800) is facing operating pressure and competition overseas, says board secretary Zhou Changjiang. The state-owned company is China’s largest port builder and dredger. It also constructs roads, bridges and railways. About 23


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Bank of China approved $140 billion of credit for Silk Road projects

The Bank of China (BOC) has said that, by the end of June this year, it had approved more than $140 billion of credit and funded over 600 major projects under the Belt and Road Initiative


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Filipino firm to finance, build and operate $14bn airport for Manila

MANILA, Philippines — San Miguel Holdings Corp. emerged victorious as its unsolicited proposal to build a new international airport in Bulacan went unchallenged during the Swiss challenge period and supposed opening of rival bids yesterday. With


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Russia to build €2bn bridge as part of route linking Europe & Western China

Authorities in Russia’s Samara Region are ready to begin construction of a 4km-long (2.5 miles) bridge across the Volga; it is the first part of an ambitious international traffic corridor linking Europe with Western China. The


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New Taiwan landmark to blend museum and library

TAIPEI (Taiwan News) – A new public project slated for groundbreaking on Sept. 16 will breathe new life into the cityscape of Taichung in central Taiwan. As its name suggests, the Taichung Green Museumbrary (台中綠美圖) will


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Mori Building announces massive urban regeneration project in central Tokyo

TOKYO-Mori Building Co, one of Japan’s major urban landscape developers, on Thursday announced it has begun construction on its Toranomon-Azabudai District Category 1 Urban Redevelopment Project, a project aimed at revitalizing a large area of central


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First offshore wind farm in Taiwan to be fully operational by end of year

20 additional wind turbines to be installed from September TAIPEI (Taiwan News) – Minister of Economic Affairs Shen Jong-chin, announced on Tuesday (Aug. 20) that 20 more wind turbines will be implemented at the Formosa 1


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Taiwan excludes China from tender for 8 high-speed trains

Decision about winning bid to be announced halfway 2020 Taiwan is looking to buy 8 high-speed train sets, but not from China. (By Central News Agency) TAIPEI (Taiwan News) – The Taiwan High Speed Rail Corporation


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