The three Japanese mega banks – Mizuho Bank, MUFG and SMBC – and possibly JBIC and the Asian Development Bank (ADB) will be providing a total of US$514m loan for the development of the Rantau Dedap geothermal power plant. The banks are currently in documentation process.
Myanmar’s Ministry of Electricity & Energy has issued a “notice to proceed” (NTP) for four LNG-to-power projects in a ceremony held in Nay Pyi Taw on January 31.
The Philippines’ Department of Public Works and Highways (DPWH) has appointed Arup to assist it in preparing the construction process for new inter-island bridges, tunnels, and highways.
A Philippine consortium, made up of seven large conglomerates, has formally submitted its Ps350bn (US$6.7bn) unsolicited proposal to rehabilitate, expand, operate, and maintain the Ninoy Aquino International Airport (NAIA) for 35 years.
Four consortia have emerged and are taking shape to bid for the US$10bn Kuala Lumpur–Singapore (Kl–SG) high speed rail (HSR) project.
Thai national oil and gas company PTT has signed a memorandum of understanding with Electricity Generating Authority of Thailand (EGAT) to develop their energy and gas businesses.
Sumitomo Corp has received the investment certificate to develop the 1,320MW Van Phong 1 coal-fired power plant in the central coast province of Khanh Hoa.
Sunseap International of Singapore and InfraCo Asia Development have teamed up to develop a 168MW utility-scale solar power project in Ninh Thuan province on the south-central coast of Vietnam.
Sembcorp Utilities of Singapore plans to join HBRE Group of Vietnam in a 300MW wind power project that has recently received an investment certificate.
AC Energy Holdings will ramp up its investments in solar energy projects in Vietnam by as much as US$300m, local newspapers report.
Thailand’s largest solar energy company Superblock plans to develop 700MW capacity of wind farms in Vietnam. The investment required is estimated at Bt56bn (US$1.77bn), company chairman Jormsup Lochaya told Reuters.
Indonesian president Joko Widodo has called for a review of the status of strategic infrastructure projects to determine if they can be implemented.
The Indonesian government is considering extending the 140km Jakarta-Bandung high-speed rail project to West Java and Central Java, according to coordinating maritime affairs minister Luhut Binsar Pandjaitan, who spoke to local media.
Siemens is keen to invest in waste-to-energy (WtE) plants in Indonesia, according to local newspaper reports.
The Public-Private Partnership (PPP) Centre of the Philippines has extended to March 6 from February 19 the submission date of prequalification documents for the Baggao water supply project.
Enel Green Power of Italy has commenced work on the 55MW Way Ratai geothermal power project. The company stated that the exploration phase is under way for the project, which is located in the province of Lampung.
Myanmar Railways has selected the consortium comprising Myanmar’s Min Dharma Co, China’s Sino Great Wall Co, and Singapore-based property developer Oxley Holdings as the preferred bidder for the Yangon central railway station area comprehensive development project.
The Philippines’ National Economic & Development Authority is evaluating the unsolicited project for the Cavite-Tagaytay-Batangas Expressway (CTBEx).
Infracorp expects to be awarded the original proponent status for the Ps3.8bn (US$74m) monorail project by the end of March, local newspapers report.
The Philippines’ Department of Public Works & Highways (DPWH) is going ahead with road projects to be implemented as PPP projects to ease congestion on major highways in Luzon and Mindanao.