World

Forum held to propel forward Asian infrastructure development

The Asia Infrastructure Forum took place in Singapore on October 2 – 3.
Forum held to propel forward Asian infrastructure development ảnh 1At the forum (Source: ADB)

Hanoi (VNA) – The Asia Infrastructure Forum took placein Singapore on October 2 – 3, with over 800 local and regional policymakers,investors and representatives from infrastructure companies discussing measuresto meet the growing regional infrastructure needs.

The two-day forum was organised by Infrastructure Asia (IA),which was established by Enterprise Singapore and Monetary Authority ofSingapore to support infrastructure financing and development in the region.

Speaking at the event, IA Executive Director Seth Tan notedthat his department is strengthening the work with stakeholders across theinfrastructure ecosystem to match the demand and supply in Asia's infrastructuredevelopment.

At the forum’s session on infrastructure market place, LimChze Cheen, head of ASEAN connectivity division, listed five strategic areas ofthe Master Plan on ASEAN Connectivity 2025, namely sustainable infrastructure,digital innovation, seamless logistics, regulatory excellence and peoplemobility.

According to him, ASEAN has identified Initial Pipelinepriority projects with regional connectivity impact, while conductingpre-feasibility studies and developing a financing options analysis for them.

These projects are to focus on strengthening regionalconnectivity, bringing economic and social benefits, and addressingsustainability and viability, he added./.
VNA
#Asia Infrastructure Forum#Infrastructure Asia#Enterprise Singapore#Monetary Authority of Singapore#Seth Tan#Asia's infrastructure development#ASEAN Connectivity 2025#Initial Pipeline priority projects#Vietnam news Agency#vietnamplus
Follow VietnamPlus

Related News

AIIB helps develop sustainable infrastructure in Asia

AIIB helps develop sustainable infrastructure in Asia

The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, has helped many Asian countries have better infrastructure, deeper regional integration, and accelerated poverty reduction, said an official from the bank.

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.