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Rail to form backbone of South African transport by 2050

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 Insights

11-Oct-18 South Africa's proposed National Rail Policy will focus on increasing investment in rail, ZAR170 bn (USD11.9 bn) over the next ten years, to position rail as South Africa’s transport backbone by 2050 and support the commitment to greenhouse-gas reduction. [image: Railway Pro]

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Indonesia’s premier-city link on track for 2021 launch

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 Insights

03-Oct-18 Construction of the Chinese Belt and Road Initiative-backed Jakarta-Bandung rail line is back on track, with contractors confident it will enter operation in 2021.  Its most significant benefit is to cut transit time from five hours to 36 minutes. [image: HKTDC]

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Billionaire owner of Staples Center to build stadiums in Bangkok

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 Insights

27-Sep-18 US billionaire Philip Anschutz’s sports and entertainment company AEG and Thai shopping centre developer The Mall Group plan to invest USD309 mn to build two multi-purpose stadiums in the Thai capital, including one billed as the country’s largest. [image: Isa Foltin / Getty Images]

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