ADB grants financing for $1.49bn power plant in Thailand

12 Nov 2018 | Asia

The Asian Development Bank (ADB) and Gulf SRC have signed a $227.7m loan agreement to finance the construction and operation of a 2,500MW combined-cycle power plant in Chonburi Province, Thailand.

ADB approves $500m loan for Turkmenistan power transmission network

9 Nov 2018 | Asia

The Asian Development Bank (ADB) has approved a $500m loan to Turkmenistan to strengthen the country’s transmission network, improve the reliability of power supply, and increase export of electricity to neighbouring countries.

TCC wins $228m contract for Taiwanese wind power substations

7 Nov 2018 | Asia

Taiwan Cogeneration Corporation (TCC) has won an EPC contract worth more than TWD7bn ($228m) from Danish offshore wind power company Orsted for the first 900MW Greater Changhua projects in Taiwan.

L&T Construction wins orders worth $182m

5 Nov 2018 | Asia

L&T Construction, the construction subsidiary of L&T, has won orders worth INR13.29bn ($182m)across three business segments.

Sunshine Plaza secures approval for high ropes adventure course

5 Nov 2018 | Asia

Sunshine Plaza, a regional shopping centre in Queensland, Australia and is managed by Lend Lease, has secured development application approval for a high ropes adventure course as part of its redevelopment.

DP World, NIIF JV to build Free Trade Warehousing Zone at JNPT in India

1 Nov 2018 | Asia

Hindustan Infralog (HIPL), a joint venture between Dubai-based DP World (65%) and India’s National Investment and Infrastructure Fund (NIIF) (35%), has won a bid to develop and operate the Free Trade Warehousing Zone (FTWZ) at Jawaharlal Nehru Port Trust (JNPT), India’s largest container gat ...

Vitasoy breaks ground on $143m manufacturing facility in China

31 Oct 2018 | Asia

Vitasoy International Holdings has broken ground on a new $143m manufacturing plant in Changping Town, Dongguan City of the Guangdong Province in mainland China.

Indian PM inaugurates world's tallest statue in Gujarat

31 Oct 2018 | Asia

The Prime Minister of India Narendra Modi has unveiled the world’s tallest statue, dubbed Statue of Unity, a memorial dedicated to the Iron Man of India, Sardar Vallabhbhai Patel.

BASF, Sinopec to build new steam cracker in China

30 Oct 2018 | Asia

BASF has signed a memorandum of understanding (MoU) with Sinopec to construct an additional steam cracker in Nanjing, China; and expand their existing joint venture, BASF-YPC Company.

ABB to build $150m advanced robotics factory in China

29 Oct 2018 | Asia

Swiss power and automation technology group ABB has announced that it will invest $150m to build the most advanced, automated and flexible robotics factory in Shanghai, China.

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