Construction
Construction policy and regulation
High biddings for Thingyan pandal permit auction
Sis permits for the construction of pandals for next month’s Thingyan festival around the Mandalay palace moat were auctioned by Mandalay City Development Committee for a total of over K236 million, with one fetching as high as K54 million, said committee member U Kyaw Zaw ...
Vientiane receives completed Infrastructure Improvement project
The Infrastructure Improvement project developer has handed over its completed road improvement project to the Vientiane authority on Friday. The ceremony took place in Phonpapao village, Sisattanak district, Vientiane and was attended by Vientiane Vice Mayor Mr Keophilavanh Aphaylath, Deputy Minister of Public Works and ...
Thingyan permits will be revoked if resold
Mandalay authorities warned that they will revoke Thingyan pandal permits that are resold to third parties by winning bidders. Mandalay City Development Committee revenue department head U Win Maung said the authority was now auctioning off the building permits for pandals near the Mandalay moat, ...
Infrastructure boosts Đồng Nai properties
The property market is booming in the southern province of Đồng Nai of thanks to its excellent infrastructure. The local Department of Construction said 250 property projects were developed recently, 15 by foreign investors and involving a minimum investment of US$10 million. Some that had ...
Hefty fines for flouting building regulations
Building owners in Mandalay will soon face hefty fines that may exceed the value of the buildings if the structures are built without permits or if they flout regulations, warned the Mandalay City Development Committee. From April 1, fines will be increased 75 percent for ...
Wasted lands hinder local development
Several construction projects in Hà Nội have been delayed for years, wasting land and hindering the city’s land management process while other social security constructions remain in need of space. Seven of the 28 constructions projects in Quốc Oai District are waiting to be implemented ...
Japan's Sumitomo adding rental factory space in Southeast Asia
Trading house Sumitomo Corp will expand its factory rental business in Southeast Asia serving small manufacturers from Japan, offering them the chance to launch overseas production without the hefty financial commitment of building their own plants. The factory space comes ready for use, equipped with electricity, ...
Industrial sector says policy details are needed to ensure economic zones grow
Poor infrastructure, low-quality or unreliable electricity supply, water shortages, inadequate transportation links, and ongoing disagreements with local residents affected by zone development are among the most serious problems developing the country’s industrial sector, experts say. But perhaps the biggest problem, they say, is the lack ...
Japanese construction giant to spend USD1bn on 50 projects in Vietnam
Tokyo-based contractor Kajima will team up with Indochina Land. Vietnam’s property market continues to ensnare Japanese firms. The latest: a partnership between Kajima and Hanoi-based developer Indochina Capital, which was unveiled on September 16, will officially begin in October. The resulting venture, ICC-Kajima, is expected to plough USD1 ...
Govt investigates Taungthaman lake project, following locals’ complaints
The divisional government launched an investigation into a resort and culture park under construction on the eastern bank of the famous Thaungthaman Lake outside the city of Mandalay, after local residents complained about the impact of the project. Some of the initial construction near the famous ...