Entries tagged "Southeast Asia"

  • China Turns To Overseas Hydropower Projects | Jan. 10, 2019, 9:20 a.m.

    China Three Gorges Corp, operator of the world's largest hydropower plant, is turning to projects offshore as domestic costs soar and space runs out on China's crowded rivers. The company, which already has business in more than 40 countries, will focus mostly on South Asia, Southeast Asia, Africa, and Latin America, reports the Nikkei Asian Review.

  • Japan To Build "Smart Cities" in ASEAN Nations | Jan. 3, 2019, 9:18 a.m.

    In an effort to provide an alternative to China's Belt and Road Initiative, Japan will help build "smart cities" across Southeast Asia, using artificial intelligence and networked devices to tackle problems like road congestion and energy conservation, reports the Nikkei Asian Review.

  • Thailand To Develop HSR Network | Dec. 7, 2018, 8:27 a.m.

    Thailand will spend more than $25 billion to build a high-speed rail network in a bid to transform the country into a regional rail hub. The Bang Sue Grand Station in Bangkok, when completed in 2020, is expected be Southeast Asia's biggest station with a capacity of serving 400,000 passengers daily.

  • Japan Develops Floating Power Plant | Dec. 3, 2018, 9:06 a.m.

    Japan's Kawasaki Heavy Industries has created a floating, gas-fired power plant that it hopes to sell to power companies in rapidly growing economies in Asia and as an emergency source of power in areas hit by natural disasters where infrastructure remains underdeveloped, reports the Nikkei Asian Review.

  • Laos To Build More Hydropower | Nov. 2, 2018, 9:10 a.m.

    Laos is accepting more Chinese loans to build 50 hydropower dams by 2025 and is increasing its external debt, half of which is owed to China.

  • Traveling 60,000 KM Across China’s Belt and Road | Oct. 11, 2018, 8:53 a.m.

    The China Road Project, a team of researchers interested in China’s role in global development, will be traveling 60,000 kilometers over land and sea to investigate China's Belt and Road initiative (BRI), a foreign policy concept and global infrastructure plan announced by Chinese president Xi Jinping in 2013, to help close the information gap and shine a light on the multi-trillion dollar initiative.

  • New Asian Leaders Question BRI | Oct. 1, 2018, 8:33 a.m.

    Newly elected Asian leaders from the Maldives, Malaysia, and Sri Lanka question the "business sense" of some Chinese-funded infrastructure projects under the Belt and Road Initiative, casting doubt on Beijing's strategy for building regional influence.

  • Maldives Election Marks Setback for BRI | Sept. 25, 2018, 9:12 a.m.

    Maldivians voted out incumbent President Yameen, an early supporter of Beijing's Belt and Road Initiative who accepted funding for bridges, housing and other infrastructure projects.

  • View All Analysis | Sept. 17, 2018, 8:57 a.m.

    Browse our analysis section for news and articles on topics such as China's Belt and Road Initiative (OBOR), the Competing Visions of Japan, India, and other regional powers, and the stakes for U.S. policy.

  • Thailand's PTT Pursues $7B Rail Project | Sept. 11, 2018, 10:06 a.m.

    Thai oil and gas group PTT is in discussions with potential partners to develop an estimated $7 billion high-speed train project as part of the country's Eastern Economic Corridor.

  • Mahathir To Renegotiate Chinese Infrastructure Deals | Aug. 16, 2018, 9:25 a.m.

    Malaysian prime minister Mahathir Mohamad is heading to China to renegotiate billion-dollar infrastructure projects signed by his predecessor, in an effort to reduce the nation's financial dependence on China.

  • Vietnam Rethinks Chinese Assistance | Aug. 15, 2018, 9:57 a.m.

    Vietnam's Ministry of Investment and Planning issued a warning to its government about Chinese development assistance, citing concerns of high interest rates, project overruns, and a lack of local contribution to the projects.

  • Widodo Curbs Infrastructure To Protect Currency | Aug. 13, 2018, 9:01 a.m.

    Indonesian president Joko Widodo is reportedly considering cutting back on his signature infrastructure projects to suppress imports of construction materials in order to protect the value of the rupiah, according to Nikkei Asian Review.

  • BRI Empowers SE Asia's Strongmen | July 25, 2018, 10:33 a.m.

    Chinese infrastructure investment throughout Southeast Asia has shifted the tide of opinion, simultaneously supporting authoritarian politics in certain states and engendering opposition to Belt and Road in others, according to the Nikkei Asian Review.

  • Indonesia's Elections Center on Infrastructure | June 26, 2018, 9:02 a.m.

    Indonesian President Widodo's flagship infrastructure program seems to put him in favor in his re-election bid. The outcome of upcoming regional elections will gauge if the public is happy with Widodo's infrastructure drive and influence the way he addresses infrastructure leading up to national elections next April.

  • Vietnam Builds ASEAN’s Largest Solar Plant | June 22, 2018, 10:06 a.m.

    Vietnam plans to develop the largest solar plant in the ASEAN region, a 420-megawatt facility located in Tay Ninh in southwestern Vietnam. Talks are underway with several local and international financial institutions for project funding for the $420 million project.

  • Malaysia Reviews $2.36B Worth of China-funded Projects | June 7, 2018, 10:07 a.m.

    Malaysia's Ministry of Finance is reviewing two gas pipeline projects worth $2.36 billion signed under the Najib administration, following the discovery that 88 percent of the money has been paid out despite only 13 percent of the work being completed.

  • Malaysia Rethinks China Infrastructure Deals | June 6, 2018, 10:09 a.m.

    Malaysian Prime Minister Mahathir Mohamad will send his finance minister to Beijing to renegotiate several infrastructure contracts following the discovery of three Chinese-funded and built projects where payments were made based on agreed time milestones and not work completed.

  • Cambodia to Revitalize Rail Infrastructure Amid $4B Debt Concerns | June 5, 2018, 10:32 a.m.

    Cambodia is set to complete an ambitious rail project next week from Poipet to Phnom Penh, connecting the country from North to South for the first time in 45 years. However, substantial Chinese involvement in the project has raised concerns over high levels of debt owed to China, which some estimates place as high as $4 billion, or 20 percent of Cambodia's GDP.

  • Southeast Asia Financial Integration and Infrastructure Investment | May 30, 2018, 9:52 a.m.

    This report highlights recommendations on how the U.S. might effectively engage Southeast Asia's infrastructure challenges to foster greater stability and financial integration in the region.

  • Malaysia Cancels Kuala Lumpur-Singapore HSR | May 30, 2018, 9:46 a.m.

    Malaysia has canceled plans for a $14.8 billion high-speed rail project that would have connected Kuala Lumpur with Singapore.

  • Malaysia Terminates Kuala Lumpur-Singapore Rail | May 29, 2018, 10:34 a.m.

    Prime Minister Mahathir cancelled a proposed high-speed railway project that would have connected Kuala Lumpur with Singapore on Monday, citing the overall cost of the project as a primary concern. Mahathir's predecessor signed a legally-binding deal with his counterpart, Lee Hsien Loong, in December 2016 as a symbol of closer bilateral cooperation which will now require negotiating a $125 million penalty for pulling out.

  • The Belt and Road’s Biggest Impact | May 29, 2018, 9:30 a.m.

    Even if Belt and Road investment declines in the future, whether for political or economic reasons, the influence of Chinese constructors and planners on regional markets will continue to be apparent, from the alignment of high-speed railways in Indonesia to the design of residential and commercial developments in city centers.

  • Malaysian Debt Jeopardizes Key Projects | May 24, 2018, 9:58 a.m.

    Facing a $251 billion national debt that is far higher than figures published by the previous administration, the new Malaysian government will reexamine key infrastructure projects such as the Kuala Lumpur-Singapore high-speed railway and the East Coast Rail Link.

  • Japan Helps Build Indonesian Port | May 22, 2018, 10 a.m.

    The port of Patimban, estimated to cost $3 billion, is going to be financed by a Japanese loan and may be built by a Japanese-Indonesian team. The port is envisioned to become a transport hub and alleviate problems for Japanese companies operating in the West Java industrial park.

  • Japan’s Investors Eye Infrastructure in Myanmar | May 17, 2018, 9:31 a.m.

    Japan's businesses were approved to devote a record $1.47 billion to Myanmar in this fiscal year, including investments in infrastructure.

  • New Malaysian PM Rethinks Infrastructure | May 14, 2018, 10:11 a.m.

    After winning the elections last week, Malaysia's new Prime Minister, Mahathir Mohamad, is expected to re-evaluate the country's relations with China, including the issue of Chinese-backed infrastructure projects.

  • Malaysian PM Touts Infrastructure Gains | April 27, 2018, 10:30 a.m.

    Malaysia’s prime minister Najib has vowed to continue a track record of infrastructure developments, which includes the the Kuala Lumpur-Singapore high-speed rail, ahead of upcoming elections.

  • China Gives $1.7M for Mekong Infrastructure | April 19, 2018, 9:53 a.m.

    China is offering $1.7 million to a six-country group along the Mekong River to boost regional trade and ease concerns related to Beijing's massive hydroelectric dam projects along the waterway.

  • Japan, India, U.S. Fund Indo-Pacific Infrastructure | April 10, 2018, 10:28 a.m.

    Japan, the U.S., and India have agreed to work together on infrastructure projects in the Indo-Pacific region focusing on South and Southeast Asian nations such as Nepal, Bangladesh, and Myanmar. The trilateral is calling for a more transparent and sustainable approach in line with international standards to counter China’s infrastructure development under its Belt and Road initiative.

  • Indonesian SOE Replaces President to Manage Country’s Infrastructure Surge | April 6, 2018, 4:35 p.m.

    An Indonesian state-owned construction picks a new leader to manage President Widodo’s infrastructure surge.

  • Indonesia Hopes to Create Economic Hub with New Airport | March 23, 2018, 10:24 a.m.

    The Indonesian government hopes that the Kertajati International Airport currently under construction in West Java will lure businesses away from the capital and turn the region into an economic hub.

  • Philippines to issue bonds to fund Belt and Road | March 20, 2018, 10:15 a.m.

    Philippines to issue $230 million worth of yuan-denominated bonds that can be used for budget spending and Belt and Road projects. It will be the first Southeast Asia borrower to issue the so-called panda bond.

  • Duterte Plans $1.8B Tax for Infrastructure | March 8, 2018, 9:37 a.m.

    Philippine President Rodrigo Duterte's administration raised excise taxes on coal, petroleum, cars, sugar-sweetened beverages, cosmetic surgery and other items, to fund his infrastructure projects. This is expected to raise $1.8 billion in its first year of implementation.

  • Philippines To Spend $154B on Infrastructure | March 1, 2018, 9:49 a.m.

    Philippines plans to spend $154 billion on infrastructure projects by 2022, including the consideration of finally bringing Southeast Asia's only nuclear reactor to life three decades after its completion.

  • New Infrastructure Fuels Thai-EEU Trade | Feb. 26, 2018, 10:14 a.m.

    Infrastructure improvements within the Eurasian Economic Union have fueled interest in a free trade agreement between Thailand and the Russia-led bloc.

  • Manila Airport Expansion in Singapore | Feb. 22, 2018, 9:35 a.m.

    A conglomerate of 7 major companies has submitted a $6.75 billion proposal to expand and modernize Manila airport into a regional aviation hub.

  • ASEAN Expands Green Infrastructure Bonds | Jan. 31, 2018, 9:13 a.m.

    Since 2009 ASEAN entities have issued $1.85 billion worth of green bonds, many of which fund infrastructure developments such as Warisan Merdeka Tower in Kuala Lumpur.

  • India Courts ASEAN to Counter BRI | Jan. 25, 2018, 10:10 a.m.

    Indian Prime Minister Narendra Modi welcomes all ten ASEAN leaders to New Dehli in an attempt to strengthen trade and connectivity with the bloc.

  • Thailand Slows High-Speed Rail Aspirations | Jan. 18, 2018, 10:48 a.m.

    The Prime Minister of Thailand has instructed transport officials to reduce the maximum speed of the 670-kilometer Thai-Japanese high-speed rail.

  • Malaysia, Singapore Sign Rail Transport Pact | Jan. 17, 2018, 10:58 a.m.

    Malaysia and Singapore signed a bilateral agreement to build and run a Rapid Transit System Link on Tuesday, advancing an initiative to boost connectivity between the two Southeast Asian nations.

  • Infrastructure Drives Growth in Indonesia and Philippines | Jan. 9, 2018, 8:53 a.m.

    Domestic demand and the rollout of infrastructure projects in 2018 will continue to drive growth in the Philippines and Indonesia.

  • Indonesia Launches Rail Service to Jakarta Airport | Jan. 2, 2018, 9:03 a.m.

    Indonesia launched rail service linking central Jakarta with Soekarno–Hatta International Airport in a bid to combat highway congestion.

  • 18 Projects to Watch in 2018 | Dec. 22, 2017, 9:21 a.m.

    Reconnecting Asia is tracking developments across a vast landmass that includes 60 percent of the global economy. Every day, new infrastructure projects are announced, some are advanced, and others encounter obstacles. Here is a selection of the top projects to watch in 2018.

  • Myanmar Expands Thilawa Port | Dec. 22, 2017, 8:12 a.m.

    Myanmar's rapid increase in trade is pushing the expansion of Thilawa port with the support from Japanese government.

  • China's High-speed Rail Hits Snags in SE Asia | Dec. 21, 2017, 9:39 a.m.

    Chinese led high-speed rail projects across Southeast Asia, a core part of the Belt and Road Initiative, are lagging due to cost issues and trouble procuring land.

  • Infrastructure Helps Drive Indonesian Growth | Dec. 15, 2017, 9:28 a.m.

    Infrastructure investment remains a primary driver of Indonesia's economic growth, leaving the economy more interconnected than ever before.

  • Japan and Myanmar to Cooperate on Infrastructure | Dec. 14, 2017, 9:15 a.m.

    At a meeting in Tokyo, the leaders of Myanmar and Japan agreed to further cooperation in the areas of urban development, transportation, and power infrastructure in Myanmar.

  • Jakarta Keeps $2.1B Rail Project Afloat | Dec. 12, 2017, 9:35 a.m.

    A railway system under construction in Greater Jakarta avoided delays last after Indonesia's top ministers proposed a new funding scheme for the $2.14 billion project.

  • Malaysia Co. Bids for East Coast Rail | Dec. 11, 2017, 9:29 a.m.

    Malaysian construction company Gabungan AQRS is close to winning a contract to construct Malaysia's East Coast Rail Link from Port Klang to the border with Thailand.