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BRIEFING - ASIA INFRASTRUCTURE - JAN 26, 2005.

Publication: AsiaPulse News

Publication Date: 26-JAN-05
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COPYRIGHT 2005 Asia Pulse Pty Ltd

An executive briefing on infrastructure for Jan 26, 2005, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

DAEWOO ENGINEERING'S 2004 NET PROFIT SOARS ON RISING ORDERS

SEOUL - Daewoo Engineering & Construction Co. (KSE:047040), South Korea's No. 3 builder, said Wednesday its net profit surged 61.15 per cent year-on-year last year to 263.9 billion won (US$255.5 million) on increased orders and profitability.

The builder also said in a filing to the Korea Stock Exchange sales rose 12.98 per cent year-on-year to 4.78 trillion won, while operating profit gained 35.67 per cent to 424.2 billion won.

CHINESE DEVELOPER HOSTS DESIGN COMPETITION

BEIJING - To challenge the creativity of young professionals, the five-star Hip housing developer, Shenzhen Fountain Corporation, who built the Fountain City Suites, and IKEA Shanghai launch the 2005 IKEA Design Competition.

Organizers are accepting entries. Contestants should use every ounce of their creativity and imagination to furnish their dream apartment, based on size and layout of units of the Fountain City Suites, using furniture selected from the 2005 IKEA Catalogue.

VIETNAM'S CAN THO NAILS EXPORT DEAL WITH US, TAIWAN, THAILAND

HANOI - The Can...

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