Browsing: Industry News

Work begins on Manila’s first subway: “Gov’t time frame wildly optimistic”

MANILA — Ground was broken Wednesday on the first subway line in congestion-ridden Metro Manila, but contractors said the Philippine government’s time-frame for construction was wildly optimistic. As part of President Rodrigo Duterte’s infrastructure push, the


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Britain and TIPC ink deal on offshore wind power

The British Office Taipei yesterday signed a memorandum of understanding with Taiwan International Ports Corp (TIPC) in Kaohsiung, saying that it is happy to share experiences and techniques for the development of offshore wind farms with


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Hanoi starts work on F1 grand prix circuit

Vietnam have launched construction of a race circuit in the capital Hanoi where the south-east Asian city will host their first Formula One race next year. The Vietnamese Grand Prix scheduled for April 2020 is the


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Construction begins on OMA’s Xinhu Hangzhou Prism

The Xinhu Hangzhou Prism by Office for Metropolitan Architecture (OMA) embarks on construction. Architects Chris van Duijn and Michalis Hadjistyllis lead the project, expecting completion by 2020. The project forms the heart of Hangzhou’s Future Tech


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Japan to fund Sri Lankan light rail system

COLOMBO-Japan’s overseas development agency said Monday that it has agreed to lend funds for a new $1.5-billion light rail system for Sri Lanka’s congested capital Colombo. Colombo traffic slows to an average speed of less than


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China to invest $17 billion in world’s longest undersea rail tunnel

An ambitious train rail link, designed to connect the Finnish and Estonian capitals through the bottom of the Gulf of Finland, has attracted €15 billion (US$17 billion) from China-owned Touchstone Capital Partners. Finest Bay Area Development


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Japanese road builders face record price-fixing fine

TOKYO-Japan’s antitrust watchdog will impose a fine totaling nearly 60 billion yen on Maeda Road Construction Co and seven other major road paving material companies for forming a cartel to raise the price of asphalt, sources


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Dutch architects MVRDV reveals plan for produce market in southern Taiwan

The open-air market will not only be an important hub for Tainan’s food supply chain, but also a place for the public to meet, socialize, and relax TAIPEI -MVRDV, the Dutch architecture firm that just announced


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Chinese Company begins $1.6bn Chittagong road tunnel in Bangladesh

Prime Minister Sheikh Hasina yesterday said Bangladesh entered a new level of development with the beginning of constructing a tunnel beneath the Karnaphuli river, which will significantly contribute to the region’s socio-economic progress upon its completion.


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China’s $3.8bn Chongqing horizontal skyscraper nears completion

A staggering 1.12-million-square-meter megastructure is expected to open in the Chinese city of Chongqing later this year. It will consist of eight skyscrapers connected by a gigantic sky bridge. Known as Raffles City Chongqing’s ninth ‘horizontal


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