Browsing: industry news

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

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

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

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.

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

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

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

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