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TOPIC

Infrastructure in Asia

Infrastructure in Asia
The politics and economics behind Asia's big-ticket infrastructure projects.
A view of the Asian Infrastructure Investment Bank headquarters in Beijing. Photo: Xinhua
Banking & finance

AIIB explores digital payments, eyes Hong Kong hub as it raises record funds

The development bank aims to raise a record US$11 billion this year, as it continues to broaden its operations, according to a senior official.

Climate change

Macroscope | Who pays when overheated roads melt and rails buckle?

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Energy

Asia’s AI boom has a dirty secret: the coal that powers it

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Singapore

New Johor rail link: a US$815m challenge for Singapore’s retail and F&B

A new study has proposed measures to help Singapore businesses seize opportunities from the cross-border link, set to open in 2027.

A view of the tracks of the Johor Bahru-Singapore Rapid Transit System (RTS) Link running past the Customs, Immigration and Quarantine complex in Johor Bahru, Malaysia, on July 6. Photo: Reuters
Banking & finance

Open Questions | AIIB head Zou Jiayi on multilateralism as ‘infrastructure of global trust’

As the Beijing-based development bank marks its 10th anniversary, its president says institutions like hers ‘create certainty amid uncertainty’.

The Philippines

Will Marcos’ shipbuilding push deliver lasting capacity for Philippines?

The expansion of the West Cebu Industrial Park aims to strengthen the Philippines’ defence and economy, and cement dominance in shipbuilding.

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Banking & finance

Open Questions | AIIB chief Zou Jiayi on financing Asia’s green transition

President of the Asian Infrastructure Investment Bank on how it bridges differences to build a more sustainable, climate-resilient world.

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Illustration: Lau Ka-kuen
China travel

‘Smaller but smart’ Shenzhen station to redraw China’s infrastructure blueprint

Tech hub’s biggest station will make regional travel easier, but some Shenzhen residents worry it is too small relative to other rail hubs.

The Philippines

Philippine rescuers race to free workers trapped after hotel collapse

Authorities are unable to rely on excavators and other machinery for fear that the rubble could shift and bury any survivors deep beneath the wreckage.

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Belt and Road Initiative

China’s new US$10.7 billion canal near completion to boost Asean trade links

The Pinglu Canal – a US$10 billion waterway connecting China’s heartlands to the Gulf of Tonkin – will begin trial operations as soon as September.

The Pinglu Canal runs through Qinzhou in China’s southern Guangxi region. Photo: Xinhua
Thailand

‘Lives are cheap here’: Thailand reels from deadly Bangkok train crash

A drug-positive train driver with no licence. A barrier raised too late. Thailand’s capital asks: when will the city finally fix itself?

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Residents inspect the site of Saturday’s deadly train crash in Bangkok where flowers have been laid in memory of the eight people killed. Photo: Aidan Jones
Vietnam

Vietnam’s US$5 billion Apec island is running out of time

Phu Quoc is a test case for Vietnam’s build-fast model. But with 18 months to go, the island is short of workers, diesel and hotel rooms.

China trade

How a China-backed highway may turn landlocked Laos into a trade gateway

The project is part of wider efforts to build overland trade corridors linking southern China with the Mekong region.

Diplomacy

Opinion | As power flows through submarine cables, law of the sea must evolve

The global commons of the seabed is in effect being governed by private actors with the capital and tech to build and maintain cable systems.

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An Estonian naval ship sails in the Baltic Sea on January 9, 2025, as part of stepped-up Nato patrols in the region following suspected sabotage of undersea cables. Photo: AP
Sri Lanka

Elephant in room: can Sri Lanka’s ‘world’s emptiest airport’ attract investors?

Since opening in 2013, Mattala Rajapaksa International Airport has failed to generate enough revenue to cover even its electricity bills.

Mattala Rajapaksa International Airport in Sri Lanka. Photo: Mattala Rajapaksa International Airport
Thailand

Bridge too far? Hormuz crisis revives Thailand’s controversial plan

While the plan to bypass the Malacca Strait is popular with Anutin’s government, economists and environmentalists say it is not realistic.

Belt and Road Initiative

As US-Iran war chokes Hormuz, can ‘Middle Corridor’ rise to the rescue?

Logistics route via Central Asia, South Caucasus, Caspian Sea and Turkey said to be ‘experiencing massive operational momentum’.

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Tibet

Safety and quality ‘top priorities’ for China’s highly sensitive Tibet mega dam

Vice-Premier Zhang Gouqing stresses Beijing’s commitment to the ‘landmark project’ when visiting the Yarlung Tsangpo construction site.

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The dam will be the world’s largest hydropower project when complete. Photo: Xinhua
Nepal

Nepal just elected a rapper for PM. His foreign policy has a new beat

Newly elected Balendra Shah’s public messaging suggests a balanced approach rather than a tilt to either side, analysts say.

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The Philippines

‘Ghost projects’ push Philippines to record US$26.5 billion budget deficit

A widening deficit and falling revenue are ‘direct, quantifiable effects’ of an investigation into the flood-control scandal, economists say.

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Central Asia

Trains through the Taliban: Central Asia’s plan to bypass Russia and Iran

The Soviet Union severed Central Asia’s ancient trade routes to the Indian subcontinent. The region’s modern-day leaders want them back.

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A Taliban guard walks along railway tracks near a TAPI pipeline construction site at the Afghanistan-Turkmenistan border in 2024. Photo: AFP
China trade

As high-speed railways saturate China, how far can their global reach extend?

As Chinese giants eye Eurasia for new infrastructure, analysts speculate on what it will take to keep overseas projects from going off the rails in different host nations.

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A high-speed train leaves Tegalluar Station, located along the Jakarta-Bandung High-Speed Railway in Indonesia. Photo: Xinhua
Belt and Road Initiative

‘Time is ripe’: why China is eyeing another vast canal link to Southeast Asia

China has almost completed the US$10 billion Pinglu Canal connecting its heartlands to Southeast Asia. Now, it is mulling an even larger waterway.

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Belt and Road Initiative

China to step up investment in Nepal’s hydropower sector: Nepalese official

China has ‘already proposed some projects’ in Nepal, as it looks to tap the country’s huge hydropower resources and sell power to India.

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China economy

Opinion | How a rising China is becoming a provider of global public goods

When China provides the hi-tech, low-cost hardware of development and multilateral banks provide regulatory oversight, the Global South wins.

Workers check solar panels on a lake in Tianchang, eastern China’s Anhui province, on January 12. China’s industrial scale effectively functions as a “green” subsidy for the planet. Photo: AFP
China's economic recovery

China tightens rail approvals as Xi warns on waste and ‘operational’ trouble

Intercity lines face stricter break-even rules, as the central government cracks down on ‘back-door’ metro projects and looks to curb redundant infrastructure spending.

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Workers lay track at a construction site in China’s Jiangsu province. Photo: Getty Images
Belt and Road Initiative

China close to opening US$10 billion canal linking heartlands to Southeast Asia

The vast waterway in China’s southern Guangxi region is set to open before the end of 2026, according to state media reports.

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Indonesia

Indonesia’s Prabowo quells US$32 billion capital doubts with first stay at site

The government said Prabowo’s visit showed his ‘commitment to ensuring the development in the area proceeds according to plan’.

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