Browsing: industry news

Yuen Long site sold

The tender for a Yuen Long residential site has been awarded on a 50-year land grant at a premium of $209.8 million, the Lands Department announced today. The Tai Kei Leng site was awarded to Gold Fusion


Read More
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


Read More
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


Read More
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


Read More
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.


Read More
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


Read More
Taiwan: Three highway projects to be completed before next Lunar NY

Three highway construction projects, which cost the nation about NT$146.3 billion (US$4.75 billion), are to be completed before the Lunar New Year holiday next year, the Directorate-General of Highways said yesterday. Two remaining sections on the


Read More
Foster + Partners to design headquarters for Taipei Goldsun HQ in Taipei

Designs for the new headquarters of the Goldsun Group in Taipei have been revealed following a successful Urban Design Approval. Part of the Nangang urban regeneration project, the project seeks to introduce a new mixed-use typology


Read More
JR East project to build three new access lines to Tokyo’s Haneda airport to begin in May

East Japan Railway Co. has announced that it will launch a project in May to establish three new train routes linking central areas of the capital with Tokyo International Airport (Haneda). JR East will aim to


Read More

The first section of the yellow Circular Line of the Taipei MRT system that will circle around New Taipei City is set to go into operation in the fourth quarter of this year, Taipei Mayor Ko


Read More