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Bouygues and Taisei win Myanmar building projects

Yoma Strategic Holdings Ltd has signed an agreement with two global construction companies to build Yoma Central and The Peninsula Yangon in Myanmar. Both projects are estimated to be completed in 2021.

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Hyundai targets emerging markets with first auction

The first Hyundai Construction Equipment Auction was recently held in Eumseong, South Korea, on 26 November 2017. According to the company, this is the first used construction equipment auction in Korea.

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Caterpillar expects positive outlook, going strong in Singapore

Caterpillar continues to see strength in a number of industries and regions, and the company also celebrates its 50th anniversary in Singapore this year, having been involved in major projects across the country.

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China State Construction wins Singapore’s NELe project

Singapore’s Land Transport Authority has awarded the civil contract for the construction of tunnels between Punggol station and the future Punggol Coast station on North East Line Extension (NELe) to China State Construction Engineering.

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Michel Denis continues to lead Manitou

Michel Denis will continue his role as president and CEO of Manitou for the next four years, announced the board of directors at Manitou BF.

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First phase of Hong Kong’s Victoria Dockside opens

The Victoria Dockside development in Hong Kong has reached a major milestone with the opening of its first phase, K11 Atelier, an iconic mixed-use office tower.

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Samsung C&T wins first contract for Singapore’s NSC project

Singapore’s Land Transport Authority has awarded the first civil contract to design and construct a stretch of the North-South Corridor (NSC) to Samsung C&T Corporation, at a contract sum of S$809 million.

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‘Growth on track’ for Laos in 2017 and 2018: ADB

Laos’ growth is on track to reach 6.9 percent in 2017 as foreseen in April this year, despite a slightly sluggish growth by 6.8 percent in the first half of the year, according to the ADB. Firm economic growth is expected for 2017 and 2018, the Bank forecasts.

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Faithful+Gould appoints new director for Southeast Asia

Faithful+Gould, a global integrated project and programme management consultancy, has appointed René Hillig as director for Southeast Asia to advance the company’s business and key account management strategy across the region.

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Work starts on Singapore DTSS Phase 2 project

The construction of Deep Tunnel Sewerage System (DTSS) Phase 2 in Singapore has started. The national water agency PUB held the groundbreaking ceremony yesterday (20 November) at the site of the project’s first tunnelling shaft at Penjuru Rd.