Transport infrastructure and facilities
Waterways and ports
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 ...
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 ...
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 ...
State seeks ways to raise shipments
The government is scheduled to call a joint meeting of Thai commercial counsellors and trade ministers from 65 offices worldwide next month to evaluate exports in the remaining months and map out new strategies to boost shipments in the year to come. Infrastructure development projects such ...
Sihanoukville port IPO rescheduled
The state operator of Sihanoukville’s deep-sea port has pushed back the expected date of its initial public offering to February 2017 in order to give the company more time to resolve land titling and taxation issues, a company official said on August 11. Ty Sakun, ...
China offers to work with partners to build East Asian infrastructure
China is willing to work with all parties to build roads, railway lines, air and sea route networks in East Asia to improve regional connectivity and trade flows, Commerce Minister GaoHucheng said on August 4. These goals can be achieved through the cooperative framework of ...
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 ...
Quang Ninh seaport and industrial complex awaits license
The Ministry of Planning and Investment has proposed the prime minister to approve the investment plan of the $311.9 million seaport and industrial park complex invested by a consortium of three foreign investors in Quang Yen town of the northern province of Quang Ninh, Vietnam. According ...
South Korean cargo line aims to double shipments
The volume of goods shipped has grown steadily in the three months since South Korean sea shipping line Hyundai Merchant Marine began calling at Sihanoukville port in Cambodia, and cargo sizes are expected to double in the coming month, a local company representative said on ...
