The Asian Development Bank (ADB) has agreed to provide a $300m loan to Indonesian state-owned company PT Geo Dipa Energi (GDE) to expand the geothermal power generation capacity in the country.
Samsung Electronics, a South Korea-based semiconductor technology firm, has unveiled plans to enhance its foundry capacity at its new production line in Pyeongtaek, South Korea.
Swiss food processing giant Nestlé has announced a series of investments totalling CHF100m ($103m) to strengthen its footprint in China.
Spanish wind turbine maker Siemens Gamesa has announced its plans to expand its nacelle assembly facility in Taichung to support the 300MW Hai Long 2 offshore wind farm in Taiwan.
Industrial gases company Air Products has agreed to invest $2bn in the construction of a coal-to-methanol production facility in Indonesia.
South Korean conglomerate Hyosung announced its plans to build the largest liquid hydrogen plant in the world.
Construction is underway on the OCT Group’s Zhongshan OCT Harbour, a cultural and tourism complex in Zhongshan City, Guangdong Province, China.
Continental’s powertrain business Vitesco Technologies has announced plans to construct a new research and development (R&D) centre in China.
The Asian Infrastructure Investment Bank (AIIB) has agreed to support Bangladesh by providing a $170m loan to improve the sanitation infrastructure for 1.5 million residents in the capital city of Dhaka.
South Korea-based construction firm GS Engineering and Construction (GS Engineering) has received a contract worth SGD639.5m ($450m) from Singapore’s Land Transport Authority (LTA) for the design and construction of an Integrated Train Testing Centre (ITTC).
L&T Construction’s heavy civil infrastructure business has been awarded two contracts to build Regional Rapid Transit System (RRTS) Infrastructure in Uttar Pradesh, India.
South Korea-based car parts company Hyundai Mobis has unveiled plans to expand its technical centre in India to strengthen its software development for autonomous vehicles.
China’s Shanghai Electric Group has completed construction of its first combined cycle power plant (CCCP) in Sylhet, Bangladesh.
Larsen & Toubro (L&T) Construction has received three engineering procurement construction (EPC) contracts from the Karnataka Urban Infrastructure Development and Finance Corporation (KUIDFC) in India.
The Asian Infrastructure Investment Bank (AIIB) has agreed to provide $404m loan to upgrade the intercity travel and cross-border connectivity in Bangladesh.
Century Bridge Capital, an equity investment capital company, has invested in a residential project in Taicang, China, being developed by Jingrui.
China-based solar manufacturer GCL System Integration Technology (GCL-SI) is planning to build a solar panel manufacturing plant with an investment of CNY18bn ($2.5bn).
South Korea-based Hyundai Motor Company has announced that it will establish Hyundai Mobility Global Innovation Center (HMGICs), a new automotive innovation centre in Singapore.
The World Bank has approved $700m in financing to Pakistan to fund the construction of the 4.32GW Dasu hydropower project.
Toshiba Energy Systems & Solutions (Toshiba ESS) has been awarded EPC services contract for the construction of 147MW Onikoube Solar Power Plant in Japan.