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The Asian Infrastructure Investment Bank (AIIB) has approved a $500m loan for two investment projects in Turkey.
Thailand-based property developer Magnolia Quality Development Corporation (MQDC) has announced plans to increase the investment for The Forestias, a mixed-use multi-generational lifestyle project on Bangna-Trad Road in Thailand, from $2.98bn to $4.14bn.
The Asian Development Bank (ADB) has given its approval to provide $200m loan to the Philippine government for implementing major infrastructure projects under the ‘Build, Build, Build’ (BBB) development programme.
The Asian Development Bank (ADB) has approved a $110m loan for the construction of Obigarm-Nurobod road in Tajikistan.
The Asian Development Bank (ADB) has agreed to provide a loan of $33.26m for a project to design the Dhaka Mass Rapid Transit (MRT) Line 5 (Southern Route) in Bangladesh.
Hyundai Motor Company has signed a memorandum of understanding (MOU) with the Indonesian government for the construction of its first vehicle manufacturing plant in the country.
The Asian Development Bank (ADB) has granted $278m loan to build and improve part of East–West Highway in Georgia.
German chemical firm BASF has broken ground on a $10bn integrated petrochemical complex in China.
Singapore’s Land Transport Authority (LTA) has awarded a contract worth S$739.5m ($543m) to China Railway 11 Bureau Group’s Singapore branch for the construction of Tengah Depot and its associated facilities for the Jurong Region Line (JRL).
The Asian Infrastructure Investment Bank (AIIB) has approved a $71.81m loan for the Karachi Bus Rapid Transit (BRT) project in Pakistan.
Singapore-based property developer City Developments, real estate company CapitaLand and hospitality real estate investment trust company Ascott Residence Trust (Ascott REIT) have partnered to redevelop the Liang Court site in Clarke Quay.
VINCI Construction Grands Projets, a construction engineering subsidiary of French concessions and construction company VINCI, has been selected by Phnom Penh Water Supply Authority to build a $200m water treatment plant in Phnom Penh, Cambodia.
The Asian Development Bank (ADB) has signed a $180m financing agreement with Gulf PD Company to support the construction and operation of a 2,500MW combined cycle gas turbine power plant in Thailand.
The Asian Infrastructure Investment Bank (AIIB) has approved $575m loan for the Indian Government to help in easing congestion in the country’s financial hub as well as strengthen renewable energy, power transmission and water infrastructure.
Bouygues Travaux Publics, a subsidiary of civil engineering and engineering structures firm Bouygues Construction, has been awarded two contracts worth €1.12bn ($1.23bn) by the Hong Kong government for two road tunnels in the Kowloon Peninsula.
The Asian Development Bank (ADB) has agreed to provide €271.84m ($300m) in financing for the Dhaka and Western Zone Transmission Grid Expansion project in Bangladesh.
Indian construction firm Larsen & Toubro (L&T) has been awarded engineering, procurement and construction (EPC) contracts for various projects in India.
Philippine water and wastewater services provider Maynilad Water Services has broken ground on PHP10.5bn ($207m) CAMANA (Caloocan-Malabon-Navotas) water reclamation facility in Caloocan City.
The joint venture of Macquarie’s Green Investment Group (GIG) and Swancor Renewables has commenced onshore construction on the NT$62.4bn ($2.05bn) Formosa 2 offshore wind farm located off the coast of Miaoli County, Taiwan.
The Asian Development Bank (ADB) has approved $451m loan to improve the power connectivity in the Indian state of Tamil Nadu.
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