The World Bank Group has allotted $200M in funding for repairs to Lebanon’s road network.
The Asian Development Bank (ADB) has provided $109M in financing for the Muara Laboh geothermal power generation project in western Indonesia.
Larsen & Toubro’s construction unit has secured contracts worth a combined value of INR12.86bn ($189.1M) in India.
Siemens and its Japanese consortium partner Marubeni have secured a $550M contract to deliver a turnkey combined cycle power plant in Thailand.
Bharat Heavy Electricals Limited (BHEL) in collaboration with ABB has won a INR13.6bn ($200M) order from the Power Grid Corporation of India to deliver the ultra high voltage direct current (UHVDC) transmission project in India.
Sembcorp Industries’ subsidiary Sembcorp Myingyan Power Company has signed a build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar (MOEE) for its $300M gas-fired power plant in Mandalay, Myanmar.
Soletanche Bachy, a subsidiary of Vinci, has formed an equal joint venture with its South Korean partner Sambo E&C to carry out ground reinforcement work at Hong Kong International Airport.
Elegance Sonata (ESSB), a subsidiary of Gadang Land, has entered into a development rights agreement with Kwasa Development for the development of R3-1 in the Malaysia’s Kwasa Damansara Township [Kuala Lumpur pictured].
Lebuhraya DUKE Fasa 2A (LDF2A), a subsidiary of Malaysian construction firm Ekovest, has received approval in principle from the government for the privatisation of the MYR6.32bn ($1.4bn) Kampung Baru Link, Istana Link and Kapar Link expressway.
Indian construction firm Larsen & Toubro (L&T) has been selected as the principal contractor for a project to redevelop the Sardar Patel Stadium in Gujarat, India.
Oilfield services company SapuraKencana Petroleum has announced that its wholly-owned subsidiaries secured contracts worth about $300M in Malaysia [Kuala Lumpur pictured].
Swiss power and automation technology company ABB has secured an order worth over $640M from the Power Grid Corporation of India to construct a transmission link that will have the capacity to bring reliable electricity to more than 80M of people in India.
Ekovest Construction (ECSB) and Samling Resources (SRSB) have signed a joint venture (JV) and shareholders agreement to develop and upgrade a stretch of the Pan Borneo highway in Sarawak, Malaysia.
Japanese tire manufacturer, Bridgestone, has unveiled plans to build two new manufacturing plants in Thailand.
The construction arm of Indian conglomerate L&T has bagged INR30.39bn ($446.8M) worth of orders across its various business segments.
Tokyo breaks ground on the new $1.5bn national stadium that will serve as the main venue for the 2020 Olympic Games.
Praj Industries has signed agreements with Indian Oil (IOC) and Bharat Petroleum (BPCL) to build bio-ethanol plants in India.
The Indian cabinet has given the go-ahead to the first phase of the Pune Metro Rail Project in Maharashtra, India.
Dongfeng Honda Automobile, an equal stake joint venture between Dongfeng Motor and Honda Motor Company, has unveiled plans to construct a third automobile production plant in China.
The New Development Bank (NDB) has agreed to provide a $350M loan for a road project in India and a $290M loan for an offshore wind project in China.