Infrastructure
Japan agrees aid for port expansion
The Japanese government has agreed to help Sihanoukville Autonomous Port (SAP) introduce an electronic system for handling import and export procedures. The Electronic Data Interchange (EDI) system will allow companies to send one another electronic information, replacing the manual method currently in use. The agreement ...
Port operator’s IPO share price set near high tide mark
Sihanoukville Autonomous Port, the state enterprise that operates Cambodia’s principal seaport, announced a share price of 5,040 riel ($1.26) on May 9 for its upcoming initial public offering following a bookbuilding exercise that garnered a strong response from institutional investors. SAP priced its shares at the ...
EEC tied to China's One Belt, One Road
The government says the much-touted Eastern Economic Corridor is ready to be an important part of China’s One Belt, One Road initiative, which envisions connectivity between China and Eurasia. Speaking Monday at a seminar entitled “Thailand-Hong Kong-Shanghai Strategic Partnership on One Belt, One Road,” Deputy ...
WB project to provide better sanitation and transportation in central VN
About 1.1 million residents of central coastal cities are expected to benefit from a World Bank project to provide better sanitation services and better transport infrastructure in the region, according to the bank. The funding for the Vietnam Coastal Cities Sustainable Environment Project, worth $236 ...
Govt lures major Chinese investment to new EEC
Deputy Prime Minister Somkid Jatusripitak said on May 8 that the government plans to connect its new Eastern Economic Corridor development project with the Chinese government’s One Belt, One Road initiative. “The connection will be through a high-speed railway and other linkage infrastructure, “ Somkid told ...
Water transport to begin operation in early June
Water vehicles will start serving commuters in early June with ships and boats bought from Thailand and Australia, according to Daw Tint Tint Lwin, CEO of Tint Tint Myanmar. The Yangon regional government had promised to implement a water taxi system on the Hlaing River ...
Thailand Future Fund IPO delayed by cost concerns
The planned initial public offering of the Thailand Future Fund will be pushed back for another three months to September as concerns over the cost of launching the fund continue. Expressway Authority of Thailand, the owner of two expressways to be pooled as underlying assets ...
Port to open bidding for B1.3bn container station
The Port Authority of Thailand plans to open bids for a container freight station project worth 1.3 billion baht at Bangkok port, known as Klong Toey port, this year. PAT director-general Sutthinan Hatthawong said bidding will be held to seek a contractor to build the ...
Market-based approach to development
Phav Daroath recently became the first Cambodian to be selected for the Forbes 30 Under 30 Asia list for social entrepreneurship. The Post’s Matthieu de Gaudemar sat down with Daroath, the managing director of the local nonprofit organisation WaterSHED, to talk about the value of ...
Japan provides $200m loan to Cambodia for new port
The Japanese government has approved a US$200 million loan to Cambodia to build a second deep-sea port in the southwestern coastal city of Sihanoukville, a Cambodian minister said on Saturday. The offer was confirmed when Japanese Land, Infrastructure, Transport and Tourism Minister Keiichi Ishii met ...
