Transport and shipping
Transport infrastructure and facilities
Mekong Delta needs $4bn for transport infrastructure
The Transport Development and Strategy Institute under the Ministry of Transport has recently proposed mobilizing over $4 billion to develop infrastructure and logistics systems in the Mekong Delta during the 2016-2020 period. The Delta needs $3.2 billion for 39 road transport projects, $806 million for 23 ...
Existing airports left idle, new airports built
While many airports in the Mekong Delta are still idle, the Ministry of Transport is considering building new ones. MOT is planning to build an airport in the southern province of An Giang with estimated investment capital of VND 3.4 trillion. The domestic airport, designed ...
Myanmar transportation, infrastructure weakest in Southeast Asia: World Bank
Myanmar has the weakest transportation and infrastructure in Southeast Asia, according to a report by the World Bank Group. Myanmar ranked 137 among 160 countries in the transportation index in 2014, giving it the lowest position among Southeast Asian countries. Moreover, only 33 per cent of households ...
China, ASEAN ‘need fast RCEP deal’
ASEAN’s trade relationship with China has reached a crucial turning point with the latest 2015 figures showing a 3-per-cent contraction, making it necessary to quickly conclude the Regional Comprehensive Economic Partnership agreement, according to a top Chinese think-tank. Zhang Yuyan, director of the Institute of World ...
Typhoon hit roads thwart travellers
Many sections of main roads in central and northern provinces have been blocked or collapsed following landslides caused by the effects of Typhoon Dianmu on the weekend. Roads falling away or being blocked have hindered buses and other vehicles making their way along major northern routes ...
Economic corridor transport projects expected to go to Cabinet soon
Deputy Prime Minister Somkid Jatusripitak expects to propose the transport-system projects to serve the planned East Economic Corridor to the Cabinet in October. “If these projects are proposed to the Cabinet, they will go ahead swiftly, early next year. I’d like to see the East Economic ...
Southeast Asian countries’ growth to accelerate commodities rebound
China may be slowing, but a commodities rebound is under way and the world’s biggest miner knows where the next growth story is building — emerging economies in Southeast Asia.Combined gross domestic product in the ASEAN-5 nations — Indonesia, Thailand, Malaysia, the Philippines and Vietnam ...
Ready for a tourism takeoff
Cambodia’s impressive tourism growth has seen new records set year after year at the Kingdom’s three international airports. Cambodia Airports, the French majority-owned company that operates these airports, recently completed major expansions at Phnom Penh and Siem Reap to accommodate the anticipated growth in tourist ...
Indonesian president vows to fund ‘massive’ maritime infrastructure program
President Joko Widodo vowed on August 16 to develop all of Indonesia’s frontier areas, including the Natuna Islands close to where it is embroiled in a dispute with China, and outlined plans to fund a massive maritime infrastructure program to accelerate growth in Southeast Asia’s biggest economy. “We ...
Why China’s plan to build a new silk road runs through Singapore
As the son of a man who journeyed from China to Singapore and founded a shipping business a half century ago, Teo Siong Seng sees his life as one immersed in the ancient trading networks of Asia. So the managing director of the Pacific International Lines Group ...
