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Infrastructure in Asiai

The politics and economics behind Asia's big-ticket infrastructure projects.

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  • After six months of operations, China’s high-speed railway in Indonesia is proving popular among time-conscious travellers and adding new trips
  • But with decades to go before turning a profit, analysts wonder if the enthusiasm can be sustained long enough to overcome high levels of debt
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Silicon Valley giants including Microsoft, Amazon and Google, along with Chinese tech conglomerates such as Alibaba, are making a big push to grow in Southeast Asia.

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The US urged greater transparency from Cambodia over the US$1.7 billion project that analysts say could be used to boost China’s military presence in Phnom Penh.

One of the lines is planned to run from Vietnam’s port cities of Haiphong and Quang Ninh to the border with China’s Yunnan province. The other would run from Hanoi to near Guangxi.

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Prime Minister Dinesh Gunawardena said Premier Li Qiang had promised Beijing would also help the South Asian nation’s debt restructuring process continuously.

An estimated US$50 billion pledged by China for infrastructure in Southeast Asia has yet to manifest in completed projects according to a recent study, raising questions over the efficacy of the country’s Belt and Road Initiative.

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A consortium led by India’s GMR Group has emerged as the front runner to upgrade Manila’s airport under a public-private partnership model, sources say.

Following efforts to build infrastructure in Africa, the Middle East and Central Asia that ended in disappointment, China’s fortunes seem to have changed thanks to popular – and expensive – clean energy projects.

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Despite a strong Singapore dollar and weak Malaysian ringgit, Singaporeans are not eyeing large properties in JB and are prioritising connectivity instead.

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Under ex-PM Najib Razak’s tenure, Malaysia saw billions of dollars of Chinese investments mainly via the Belt and Road Initiative, some of which were later axed.

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Chinese developer Country Garden’s US$100 billion flagship Malaysia project has fallen on hard times. But there’s hope yet of attracting more investors – if they can clear out the stray dogs, day drinkers and decay.

The nations cemented plans for the zone as they seek to revive interest in Chinese developer Country Garden’s mega-project – and hailed progress on the Johor Bahru-Singapore Rapid Transit System.

China’s 47km (29.2-mile) Fangdong Railway links the cities of Fangchenggang and Dongxing, which sits across the Beilun River from the Vietnamese city of Mong Cai.

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Sultan Ibrahim Iskandar reportedly said the rail link remained viable if privately financed and realigned, but resurrecting the project could cost more than Malaysia’s government can afford.

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The oversubscribed fund will focus on bolstering Asia’s digital infrastructure and energy transition with investments in companies including a green data centre operator and an offshore wind farm vessel operator.

Analysts say the container port terminal being built in Colombo by India’s Adani Group hints at a new type of public-private partnership under the Quad grouping’s infrastructure push.