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Indonesian Bakrieland, Chinese Developer Plans to Build US$350M Jakarta complex

JAKARTA– PT Bakrieland Development Tbk (IDX: ELTY), controlled by billionaire Aburizal Bakrie team up with China’ Construction First Group Corp. (CCFG) has plan to build a US$350 million residential and commercial complex in Jakarta. Last year, the


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Work starts on one of region’s tallest towers

Thai conglomerate TCC Group has begun construction of “the largest private sector property development initiative ever undertaken in Thailand” – a commercial complex in Bangkok with an investment value of $3.9bn and a floor area of


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First driverless subway line in SW China under construction

The first driverless subway line is under construction in the city of Chengdu, capital of southwest China’s Sichuan Province. The tunnel was dug through on Tuesday, according to the subway constructors. The No. 9 Line of


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Singapore Port Extension

MAXAM successfully completes blasting operation for Singapore Port extension, led by DIAP-Daelim JV (DDJV) The blasting company originally founded by dynamite inventor Alfred Nobel has carried out what it claims is the largest ever underwater blasting


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30 Chinese companies enter bids for Vietnam’s North–South Expressway

Half of 60 investors preparing to bid for eight sections of Vietnam’s North-South Expressway are from China. The Ministry of Transport (MoT) said 30 Chinese investors have obtained documents to bid for the eight sections which


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93k private flats projected

The Transport & Housing Bureau estimated about 93,000 private flats will be available in the next three to four years. Releasing the figures today, the bureau said there were 10,000 unsold units in completed projects at the


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Malaysia and China restart massive ‘Belt and Road’ project

DUNGUN, Malaysia: China and Malaysia resumed construction on a massive “Belt and Road” train project in northern Malaysia on Thursday, after a year-long suspension and following a rare agreement to cut the cost by nearly a


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18 building plans approved

The Buildings Department approved 18 building plans in May – three on Hong Kong Island, eight in Kowloon and seven in the New Territories. Of the approved plans, eight were for apartment and apartment/commercial developments, three were for


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HK-based enterprise appeals against revocation of Taipei development bid

Investment Commission concluded in June that Nan Hai is a Chinese-funded firm TAIPEI— The Hong Kong-headquartered Nan Hai consortium said on Monday (July 22) it would soon lodge an appeal with Taiwan’s Executive Yuan against the


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China-Nepal railway: fantasy or reality?

The world’s toughest rail route, from Kerung in Tibet to Kathmandu, is struggling to get off the ground amid growing fears of debt, earthquakes and benefits bypassing local communities The ambitious Nepal-China rail link, which is


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