Construction

Major companies and projects

In Asia's space-starved cities, urban planners bring 'dead' land to life

Urban planners and authorities in fast expanding Asian cities are increasingly turning to unused land underneath bridges, flyovers and viaducts to create much-needed public spaces. With rapid urbanization, a construction boom in South and Southeast Asian cities is resulting in more offices, houses and apartments, ...

Surbana Jurong, partners ink MOU to develop infrastructure in Laos

Infrastructure consulting firm Surbana Jurong has signed a memorandum of understanding (MOU) with Singapore-based Mekong Group and Laos’ Phongsavanh Group to develop infrastructure projects in Laos. Keep reading ...

Chia Yan Min

Mekong Delta faces troubling sand shortage

Provinces in the Mekong Delta have run out of sand for construction at a time when many key infrastructure works are in progress. The Trung Lương – Mỹ Thuận Expressway is the worst sufferer after having restarted in 2015 with a new budget of VNĐ14 ...

PanaHome to kick off Indonesian housing business

PanaHome will launch an Indonesian residential business on the outskirts of Jakarta, the Japanese developer said Tuesday, seeking to take advantage of growing housing demand in the Southeast Asian nation. PanaHome will build and sell detached houses in Deltamas, a city being developed by Japanese ...

Yin Yi bags $124.5M construction contract

China’s Sino Great Wall signed a construction contract worth $124.5 million with Cambodia’s Yin Yi Venture for work on Amethyst One, an 8,100-square-metre mixed-use development located on capital’s Chroy Changvar Peninsula, Reuters news agency reported on Monday.Read more ...

Lotte gets approval for $884m Smart City

Korean conglomerate Lotte Group got the go-ahead from the HCM City People’s Committee on Wednesday to develop the Thủ Thiêm Eco Smart City in District 2. The 74,420sq.m project in the core of the Thủ Thiêm New Urban Area will cost VNĐ20.1 trillion (US$884 million) ...

NPT low-cost housing project to open in May

The Ministry of Construction is going to open the Shwe Nant Thar low-cost housing project, which will give priority to government employees, in Nay Pyi Taw in coming May, according to Permanent Secretary of that ministry U Kyaw Lin at the press conference for one-year ...

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 ...

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