AIIB approves $72m loan for Karachi Bus Rapid Transit project

22 Nov 2019 | Asia

The Asian Infrastructure Investment Bank (AIIB) has approved a $71.81m loan for the Karachi Bus Rapid Transit (BRT) project in Pakistan.

LTA selects China Railway 11 Bureau Group to build Tengah Depot for Jurong Region Line

22 Nov 2019 | Asia

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).

VINCI wins $200m contract for water treatment plant in Cambodia

21 Nov 2019 | Asia

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.

ADB signs financing deal with Gulf PD to build $1.6bn power plant in Thailand

19 Nov 2019 | Asia

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.

AIIB approves $575m loan for India’s rail network and renewable energy

18 Nov 2019 | Asia

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 wins two tunnel contracts worth $1.2bn in Hong Kong

15 Nov 2019 | Asia

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.

L&T bags EPC contracts for various projects in India

12 Nov 2019 | Asia

Indian construction firm Larsen & Toubro (L&T) has been awarded engineering, procurement and construction (EPC) contracts for various projects in India.

ADB to provide $300m for power transmission expansion project in Bangladesh

12 Nov 2019 | Asia

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.

Maynilad breaks ground on $207m sewage treatment plant in Philippines

12 Nov 2019 | Asia

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.

Construction begins on $2bn Formosa 2 wind farm offshore Taiwan

11 Nov 2019 | Asia

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.

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