Infrastructure
China and Laos say their rail project is on track
China and Laos are both committed to a high-speed rail project linking the Chinese southwestern city of Kunming with the Lao capital of Vientiane, officials from both countries said, and the project will go ahead despite delays. The line should eventually stretch through Thailand and Malaysia ...
HCM City seeks green light for major PPP projects
The Ho Chi Minh City People’s Committee has submitted for Government approval a list of priority transportation and sanitation investment projects that will be developed in a Public Private Partnership format between 2016 and 2020. At present, the city is developing five major infrastructure projects with ...
Sihanoukville port operator still on course for IPO
The state operator of Cambodia’s only deep-water port remains on course to float shares on the stock exchange and is seeking ways to speed up the listing. Officials at Sihanoukville Autonomous Port met with representatives of the Ministry of Economy and Finance yesterday to discuss the ...
Cambodia, Vietnam to build market on border
The Vietnamese government on 27 July agreed in principle to provide a grant of $2 million to Cambodia to build a model market aimed at boosting cross-border trade between the two countries, officials at Cambodia’s Ministry of Commerce said. The market will be constructed on 1.5 ...
Thailand shores up digital economy drive
The Thai Board of Investment Seoul Office held a seminar in mid-July to promote the country’s rising digital economy and attract investors and specialists. The venue titled “Thailand: Moving forward to digital economy” gave an overview of developments in the second largest economy in Southeast ...
Thai Airways plans to resume direct flights to US next year
Thai Airways International plans to resume flights to the US west coast next year and add more destinations in China after taking a year off to achieve international safety compliance. The national carrier is also now energetically firing off marketing and sales gimmicks and clearing up ...
Myanmar needs to scale up transport investment: ADB
The Myanmar needs to invest US$45 billion to $60 billion in transport projects over the next 15 years, to improve connectivity with neighbours and ensure equitable distribution of economic growth, Asian Development Bank officials have said. “Every year, Myanmar will need about $4 billion. This ...
China denies political conditions on aid to Cambodia
China said on 22 July its financial assistance to Cambodia is in no way dependent on that country’s support on diplomatic and political issues, such as Beijing’s dispute with other Southeast Asian countries in the South China Sea. A Foreign Ministry statement faxed to The Associated Press ...
Myitsone and the failure of China’s ‘anti-ethno-politics’ approach
Northern Myanmar’s Myitsone mega-project failed because its Chinese proponents systematically dismissed Kachin and Burmese nationalism. The Chinese hydropower developers’ strategy was what I call “anti-ethno-politics”: when the state, NGOs, businesses, or other actors try to depoliticise sensitive questions about how their own activities clash with ...
Concerns raised over a new super state agency
Instead of speeding up the equitisation process, Vietnam’s Ministry of Planning and Investment has stirred up controversy with proposal to set up another unit to supervise and manage state capital and assets in state-owned corporations. This super unit will directly manage the capital at 30 state-owned corporations ...