Surbana Jurong and Ping An Trust Co Ltd have signed Memorandums of Understanding (MOUs) to collaborate on the development of Industrial New Township projects in China, starting with the Shenzhen International Bio-Valley Industrial Park.

The joint venture of Penta-Ocean Construction, TOA Corporation, Nissan Construction, PT Pembangunan Perumahan and PT Wijaya Karya has been awarded a 50 billion yen contract for the Patimban Port Development Project – Package 1 in Indonesia.

CapitaLand Limited and City Developments Limited have formed a joint venture to transform a 3.7-ha site in Sengkang Central, Singapore, into a new mixed-used development, which is targeted for completion in the first half of 2022.

The Wattay International Airport in Vientiane, Laos, has recently undergone expansion. It is aimed to accommodate the increasing air traveller demand; improve airport convenience, efficiency and safety; and contribute to the country’s long-term economic development.

Tembusu Asia Consulting Pte Ltd has officially launched its business, based in Singapore. The company will provide one-stop innovative sustainability solutions and integrated services to meet the needs of the United Nations Sustainable Development Goal.

Ascendas-Singbridge and its joint venture partner Saigon Bund Capital Partners recently celebrated the topping out of the Office Tower 1 at OneHub Saigon in Ho Chi Minh City, Vietnam. The handover is expected to take place in November 2018.

Global construction equipment sales are expected to increase 12% this year, according to Off-Highway Research. This will take total sales to almost 1 million units in 2018, and the total retail value of sales is expected to approach US$99 billion.

TCC Assets and Frasers Property have appointed Thai Bauer and Seafco as foundation contractors for the first phase of One Bangkok development, working in coordination with project and construction manager, Stonehenge Inter.

This year, the MBAM OneBuild exhibition will be held at the Kuala Lumpur Convention Centre (KLCC) in Malaysia from 13 to 15 November 2018. It will take place in conjunction with the 44th International Federation of Asian and Western Pacific Contractors’ Associations (IFAWPCA) Convention.

Indonesia has recently inaugurated one of its largest dams – Tanju Dam – located in the province of West Nusa Tenggara. The project aims to increase the country’s water supply and open up a new irrigation system, in order to achieve water and food security.