Aibel Wins $706M Deal to Build Unmanned Offshore Platform ‘Of the future’ Construction will take place at Aibel’s yards in Haugesund and Thailand Oil and gas company Aker BP has awarded Aibel, a Norwegian engineering and construction firm, a contract worth around 7 billion crowns ($706,1 million) to build the Munin offshore platform (formerly Krafla) […]
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Cambodia’s sluggish property development activity continues, says World Bank The World Bank in its Cambodia Update report stated that a partial recovery of the travel and tourism sector has improved economic prospects of tourism-related construction activity, despite continued sluggish property development activity. It added that staycations among domestic tourists continue to initially support the occupancy […]
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Cable car system proposed by Pattaya City officials to solve Pattaya traffic problems Pattaya City is proposing to solve traffic problems in the area with a cable car system. A meeting was held yesterday (December 14th) and was led by the Pattaya City Deputy Mayor Manot Nongyai and the head of Public Works of Pattaya […]
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Pestech International inks MoU with Attwood Investment to build 2 solar-based assets in Cambodia PESTECH International Bhd subsidiary, Pestech (Cambodia) plc (PCL), had signed a memorandum of understanding (MoU) with Attwood Investment Group Co Ltd (AIG) to collaborate on the development of two feasibility studies about the construction or ownership and operation of solar-based assets […]
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Thai-Chinese high-speed railway project seeking Bht300bn extra New budget needs Thai cabinet approval The State Railway of Thailand (SRT) plans to invest another 300 billion baht for the second phase of the Thai-Chinese high-speed railway project. An SRT source said the blueprint of the 356-kilometre section of the second phase of the project, stretching from […]
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Construction of Mekong River-Crossing Kratie Bridge to begin next month in Kratie province, Cambodia Prime Minister Hun Sen will break ground on the construction of the Mekong River-Crossing Kratie Province Bridge and the improvement of National Road 7 from Skun downtown to Kampong Cham town in January 2023, said a release of the Ministry of […]
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Thailand’s 10 border special economic zones log THB37bn investment Thailand’s 10 border special economic zones (SEZs) have drawn investment worth 37 billion baht so far, the government reported on Monday. Infrastructure projects to support business in the 10 SEZs are also 89% complete, government spokeswoman Ratchada Thanadirek said. Prime Minister Prayut Chan-o-cha is confident the […]
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Seawalls are no panacea to Thailand’s worsening coastal erosion Last week, the environmental group Beach for Life launched a protest to urge the Ministry of Natural Resources and the Environment to review its policies on the construction of seawalls and breakwaters intended to help prevent coastal erosion. The group, which represents 94 civil groups and […]
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Industrial Estate Authority of Thailand launches construction of new Map Ta Phut dock in Rayong The Industrial Estate Authority of Thailand (IEAT) has co-developed a new dock to facilitate the transport and storage of liquid goods, including liquefied natural gas, at its Map Ta Phut deep-sea port in the Eastern Economic Corridor (EEC). The investment, […]
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Cambodia to proceed with construction of Phnom Penh-Bavet Expressway at a cost of $1.6 billion The Royal Government of Cambodia is committed to build another expressway linking Phnom Penh capital to Bavet city of Svay Rieng province, at the border with Vietnam. The commitment was underlined by Prime Minister Samdech Akka Moha Sena Padei Techo […]
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