Thai property market starts seeing recovery in both house projects and condominiums The Economic Intelligence Center (EIC) said the transfer rates of property ownership for single or twin houses in Bangkok and its vicinity from January to February saw noticeable improvement. The Thai housing market this year is showing signs of recovery in both horizontal […]
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Thailand’s budget bill increase expected to pass, bodes well for contractors THAILAND’S plan for higher spending with a proposed 3.19 trillion baht (S$127.3 billion) 2023 budget may bode well for contractors, CGS-CIMB said in a research report. It noted that the government is looking to spend more on rail transport and logistics, which are likely […]
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Cambodia’s Siem Reap-Angkor International Airport construction 28 percent complete The construction of the new Siem Reap-Angkor International Airport is now 28 percent completed and behind schedule but the firm is committed to meeting its deadline, according to the State Secretariat of Civil Aviation. The firm has faced challenges in the construction process during the pandemic […]
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Bangkok’s Rama III cable tunnel project completed with Terratec TBM The Rama III project to construct a new high-voltage cable tunnel in Bangkok, Thailand has been completed by contractor Italian-Thai Development PCL (ITD) using a Terratec tunnel boring machine (TBM). The Rama III tunnel project is one of a series of tunnelling projects being undertaken […]
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Mass Rapid Transit Authority (MRTA) hires consultants for management and construction of the 2.61 billion-baht southern extension of Bangkok’s Purple Line Three groups sign deals for B2.6bn total The Mass Rapid Transit Authority (MRTA) on Wednesday signed contracts hiring consultants to advise it on the management and construction of the 2.61 billion-baht southern extension of […]
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Bangkok’s Suvarnabhumi Expansion to Proceed as Planned Airports of Thailand Public Company Limited (AOT) has announced plans to continue its expansion of Suvarnabhumi Airport. The move comes amid an improving global pandemic situation, which is allowing more freedom of travel for tourists. Transport Minister Saksayam Chidchob projected that the international airport will see increasing activity […]
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Myanmar takes tenders for new international container terminal near Mawlamyine in Mon State Myanmar’s Ministry of Transport and Communications has invited tenders to conduct a feasibility study for the construction of a new international standard port near Mawlamyine in Mon State. According to a statement by the Myanmar Port Authority on 29 May, the study […]
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There is no ground to cancel Vietnam’s nuclear power planning There is no ground to eliminate nuclear power planning, Minister of Industry and Trade Nguyen Hong Dien said on May 30 during the 15th National Assembly (NA)’s third session while explaining deputies’ ideas on canceling plans for a nuclear power construction site in the central […]
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Bangkok’s Pink spur line ‘will benefit commuters’ The branch of the Pink Line will benefit commuters travelling along Chaeng Watthana Road to Muang Thong Thani and Impact Muang Thong Thani complex The Mass Rapid Transit Authority (MRTA) is rejecting claims that the plan to construct a spur line on the Pink Line electric train network […]
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Dong Nai to contribute $111 mln to expressway linking with beach town Vung Tau in Vietnam Industrial hub Dong Nai will spend VND2.6 trillion ($111.5 million) clearing a site for a Bien Hoa – Vung Tau Expressway section in the province. The sum, approved Tuesday by provincial legislators, is half of the total cost needed […]
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