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The Malaysian city of Bentong in the state of Pahang will be designated a smart city under China’s One Belt, One Road (OBOR) initiative, a leading transport official reported Tuesday.  Under the China Smart Creation (CSC) initiative, a Smart Eco-Valley is set to rise over a 16-hectare land parcel in the city. The scheme is expected to begin construction at the end of the year and...
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"Irrational" investments tied to the One Belt, One Road initiative will be placed under greater scrutiny, China’s National Development and Reform Commission (NDRC) announced online Friday. Citing security risks and “vicious” competition and corruption between companies, the agency vowed to better implement guidelines for investing abroad. It did not, however, go into detail on how it...
Read More About Even Belt & Road projects are subject to regulatory hurdles »
Some of the highest-value construction projects in the world for this year are all located in Asia, as per the Arcadis International Construction Costs 2017. Construction markets in the region are expected to see an expansion of 5 to 7 percent a year, despite easing growth rate over the past 18 months. Despite the exorbitant cost of the region’s biggest projects, they are all worth it in...
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Falling like a droplet from the eastern face of India, Sri Lanka shares many strong links with its mighty neighbour. Sinhalese and Tamils, the main two ethnic groups in Sri Lanka, acknowledge India as the home of their religion (Buddhism and Hinduism respectively) and language, while cultural ties range from a passion for cricket to a shared penchant for spicy curries. In Sri Lanka’s...
Read More About Geopolitical jockeying at Colombo financial city »
 China’s continuing clampdown on capital flight has constricted deployment of funding for investments in property developments across Cambodia. The broad-brush and arbitrary nature of the controls has created uncertainty among Chinese investors and their overseas counterparts, Robin Teow, a senior consultant at law firm DFDL Cambodia, told The Phnom Penh Post . Investors either...
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