Author: Peter Carlisle

City Dynamic appoints RITTA as main contractor for Upper House branded residences in Bangkok City Dynamic, a joint venture between City Realty and Swire Properties, has appointed RITTA as the main contractor for its landmark ultra-luxury freehold development on Wireless Road, Bangkok. The appointment marks the commencement of superstructure works for Upper House Residences Bangkok […]

State Railway of Thailand (SRT) targets over 100bn baht from leasing 10 prime land plots nationwide The State Railway of Thailand (SRT) is moving to unlock value from 10 major land plots nationwide, with total returns expected to exceed 100 billion baht, following the signing of its largest-ever lease deal for Central Ladprao. Under the […]

Italian-Thai Development Plc (ITD) Secures B3.99bn Contract for Bangkok Central Hospital Medical Center ITD Secures B3.99bn Contract for Bangkok Central Hospital Medical Center Despite being linked to a building collapse that killed at least 95 people and a separate crane accident in which a crane fell onto a train, killing at least 32 others within […]

State Railway of Thailand (SRT) approves construction contracts for two extensions of the Bangkok Red Line electric railway The State Railway of Thailand (SRT) board has approved construction contracts totalling more than 20 billion baht for two extensions of the Bangkok Red Line suburban electric railway. Anan Phonimdaeng, acting SRT governor, said yesterday that the […]

Legal ruling sought on terminating Italian-Thai Development Plc (ITD) contracts on Thai-Chinese high-speed rail project Rail project could face lengthy delay The State Railway of Thailand (SRT) will seek a final ruling from the Attorney-General on whether to terminate contracts with Italian-Thai Development Plc (ITD) following a deadly rail accident. Anan Phonimdaeng, acting SRT governor, […]

SET-listed developer Supalai is eyeing expansion into the warehouse business SET-listed developer Supalai is eyeing expansion into the warehouse business after forming a joint venture with Chinese investor AuGroup to develop a facility in Chon Buri, targeting tenants using Thailand as a tax-efficient export base. Prateep Tangmatitham, president of Supalai, said the Chinese partner is […]