Transport and shipping
Transport infrastructure and facilities
World Bank helps Vietnam improve transport, flood control
The World Bank on 29 April approved more than US$500 million in support for improvements to road and bridge connections as well as flood control and sanitation conditions in Vietnam. The project aims to protect more than 255,000 residents and about 5,720 hectares out of 8,390 frequently ...
Three major rail projects put on stand-by
The delay in signing the Pink and Yellow Line contracts stems from problems encountered in the preparation and coordination stages as many agencies are involved, according to the Mass Rapid Transit Authority of Thailand. The projects are part of the government’s ambitious 2015-2022 development plan to ...
MIP takes IFC loan to pump up container capacity
Myanmar Industrial Port is borrowing US$200 million from the International Finance Corporation to help it increase its handling capacity as rising trade puts pressure on the country’s ports. The IFC financing will help MIP in the first phase of its expansion plans, which together with efficiency ...
Freight rail services gather pace
Freight rail shipments have gained traction since commercial rail traffic resumed on Cambodia’s sole operational railway line in 2013, but Royal Railway, the private company with a 30-year concession to operate the Kingdom’s railway network, is pressing for more growth as it seeks to triple ...
Phnom Penh to get new $23 million domestic airport terminal
A Malaysian company will begin construction on a new domestic terminal at Phnom Penh International Airport soon, at a cost of about $23 million. Muhibbah has a 30 percent stake in Cambodia Airports—which holds the concession to operate the Phnom Penh, Siem Reap and Sihanoukville airports—with ...
Japanese ODA approved for transport, environment plans
The Japan International Cooperation Agency (JICA) has signed agreements with Viet Nam to provide Official Development Assistance loans worth a total of 95.17 billion yen (US$847.39 million) to develop four projects. The ODA loans are expected to enhance the country’s competitiveness and promote environmental improvements. Keep reading ...
PM asks Korea for $10M more to build road
Prime Minister Hun Sen yesterday made a public appeal to the South Korean government for an extra $10 million – on top of $52 million already provided – to complete the second phase of a road project. Keep reading ...
Vietnam seeks private investment for $721 million highway
Prime Minister Nguyen Tan Dung has approved a plan to attract private investment for a highway project in the Mekong Delta with a cost estimate of VND16.34 trillion (US$721 million), the government office said on on 23 March. Keep reading ...
Thailand to go it alone on Thai-Sino high-speed rail
Thailand has decided to wholly invest in the Thai-Sino railway project after it failed to agree in talks with China on the terms of the arrangement which has set back progress for months. Keep reading ...
Vietnam aviation market may suffer losses in the medium term
According to the Center of Asia Pacific Aviation (CAPA), the domestic aviation market of Vietnam will suffer losses in the medium term, when the average fares fall because of competition. Keep Reading ...
