Industries
Construction
Lao construction companies to benefit from planned railway
Twenty Lao companies will be selected as sub-contractors for construction work on the almost-US$6 billion railway that will link Vientiane to the Chinese border. But these companies must be sub-contracted by Chinese companies, who will supervise their work and provide technical assistance to ensure high quality ...
Chinese outfit moots two new railway lines
A Chinese engineering firm has proposed adding a pair of new railway lines to Cambodia’s fledgling rail infrastructure, with the Ministry of Transportation saying they’re interested – if the company can pay for it. Representatives from Jiangxi International (Cambodia) Ltd met with Transportation Minister Sun Chanthol ...
Govt investigates Taungthaman lake project, following locals’ complaints
The divisional government launched an investigation into a resort and culture park under construction on the eastern bank of the famous Thaungthaman Lake outside the city of Mandalay, after local residents complained about the impact of the project. Some of the initial construction near the famous ...
Protest threat if dam plan goes to cabinet
A leader of the Seub Nakhasathien Foundation conservation group has vowed to launch a protest if a proposal to approve the Mae Wong dam in Nakhon Sawan goes before cabinet. Sasin Chalermlarp’s comment came as Agriculture and Cooperatives Minister Chatchai Sarikulya is reportedly seeking to use ...
Contractors association bands together with YCDC grievances
Over 500 of Yangon’s licensed building contractors met last week to debate forming an industry association, which will have a long list of policy complaints to take to Yangon City Development Committee. The city’s contractors are banding together partly in anticipation of new YCDC regulations, and ...
Light railway raised yet again at JICA meet
Plans for a light railway system in Phnom Penh were discussed at a meeting between Public Works and Transportation Minister Sun Chanthol and Japanese International Cooperation Agency regional director-general Yasushi Tanaka on September 2. Chanthol confirmed the meeting on September 4 but declined to comment further ...
Hydropower commission probes Myitsone contract
The commission to scrutinise hydropower projects along the Ayeyarwady River has met with the Ministry of Electric Power and Energy to learn more about the contractual agreement with a Chinese state-owned firm underpinning the suspended Myitsone hydropower project in Kachin State. The commission held its second ...
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 ...
Japan firms invest in local property sector despite potential risks
Many Japanese companies are aware of potential risks in the Vietnamese real estate sector but they have an increasing presence in this market, according to Tokyo-based Recof Corporation, a consultant on merger and acquisition (M&A) deals. Masataka Sam Yoshida, senior executive for the Vietnam market at ...
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 ...
