Vietnamese court fines Lotte, Posco E&C $8.2 million for ‘defective’ highway

Vietnamese court fines Lotte, Posco E&C $8.2 million for ‘defective’ highway A Vietnamese court ruled Korean builders Lotte Engineering & Construction (E&C) and Posco E&C to pay 10.9 billion won ($8.2 million) to the state-owned Vietnam Expressway Corporation (VEC) for alleged defects in a highway construction project.   The matter is part of a complex web of […]

Continue Reading

Bangkok’s Suvarnabhumi airport third runway gears up for November opening

Bangkok’s Suvarnabhumi airport third runway gears up for November opening Bangkok’s Suvarnabhumi International Airport is gearing up for a major boost, with a brand-new runway set to open on November 1. The shiny new runway is expected to revolutionise the airport’s flight capacity, helping it soar to new heights. Kirati Kijmanawat, the Director of Airports of Thailand (AOT), confirmed the exciting news, stating […]

Continue Reading

Transport Ministry seeks 44.44 billion baht for Motorway 8 Phase 1 from Nakhon Pathom province to Pak Tor district in Ratchaburi

Transport Ministry seeks 44.44 billion baht for Motorway 8 Phase 1 from Nakhon Pathom province to Pak Tor district in Ratchaburi The first phase, spanning 61 kilometres from Nakhon Pathom to Pak Tor is set to begin by 2026, with construction kicking off in 2027 and completion expected in 2031 The Transport Ministry will ask […]

Continue Reading

First phase of Thai-Chinese high-speed railway to be completed by 2028

First phase of Thai-Chinese high-speed railway to be completed by 2028 Thailand’s Transport Minister Suriya Jungrungreangkit said the first phase of the Thai-Chinese high-speed rail would be completed in 2028, while asking for the Chinese government’s support to ensure smooth transportation. He made this remark at the opening ceremony of the “Global Sustainable Transport Forum […]

Continue Reading

Proposal to allow foreigners to lease land in Thailand for up to 99 years may require significant legal amendments

Proposal to allow foreigners to lease land in Thailand for up to 99 years may require significant legal amendments A proposal to allow foreigners to lease land in Thailand for up to 99 years may require significant legal amendments, according to Finance Permanent Secretary Lavaron Sangsnit. This proposal involves transferring privately-owned land to state property managed by the Treasury Department. Mr Lavaron highlighted the necessity of […]

Continue Reading

Thailand’s ambitious 2.68 trillion baht initiative aimed at radically transforming the nation’s transportation landscape

Thailand’s ambitious 2.68 trillion baht initiative aimed at radically transforming the nation’s transportation landscape Thailand’s Ministry of Transport has unveiled an ambitious 2.68 trillion baht initiative aimed at radically transforming the nation’s transportation landscape. The expansive project prioritises enhancing rail networks, upgrading key airports, and encouraging environmentally-friendly logistics practices, all with the goal of significantly reducing road congestion […]

Continue Reading
Page 1 of 788
1 2 3 4 788