How a startup aims to beat PropertyGuru in Thailand Thailand has many real estate portals, but it takes almost a year on average to sell a house in the country, says entrepreneur Natthapon Asswisessiwakul. He blames this on at least two things. First, many of the houses on property listing sites carry sky-high price tags, […]
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CK Power seeks another hydropower deal in Laos WITH ITS INITIAL success constructing the Bt150 billion Xayaburi Hydroelectric Power Project in Laos, CK Power Plc is negotiating with the Laos government to build another hydroelectric power projects worth over Bt150 billion. A final deal is expected to be signed by the middle of this year, […]
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More power to be produced for coming summer in Myanmar A press conference held by Ministry of Electric Power on January 11 in Nay Pyi Taw Summertime nationwide demand for electricity is expected to be met in 2018 thanks to unusually high rainfall and newly-built gas turbines, said Than Naing Oo, deputy managing director from […]
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Yangon to build $400 million elevated expressway The Ministry of Construction and International Finance Corporation (IFC) on January 11 signed an advisory services agreement to build an elevated expressway connecting Yangon port, Thilawa SEZ, Yangon International Airport, Yangon Industrial Zone and Yangon-Mandalay expressway. The 20.5-kilometre elevated expressway will cost US$400 million (535.86 billion kyat), with […]
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AVANI Hotels & Resorts launches first hotel in Luang Prabang, northern Laos AVANI Hotels & Resorts is proud to announce the launch of its first hotel in the historic town of Luang Prabang, a UNESCO World Heritage Site in northern Laos. The 53-room hotel is located on a narrow peninsula at the joining of the […]
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Tokyo Gas unit wins contract for Thai LNG terminal Tokyo Gas Co says its wholly-owned subsidiary Tokyo Gas Energy Solutions has won a project management consultancy contract from Thailand’s PTT LNG Co Ltd for the construction of the Nong Fab LNG terminal. Co says the terminal, which would have a capacity to accept 7.5 million […]
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Aecom wins major infrastructure contract on Malaysia’s East Coast Rail Link Aecom has won a contract to work on the upcoming East Coast Rail Link (image courtesy of ECRL)”Such massive rail infrastructure will open up new opportunities for the people in the east coast states by facilitating the creation of new jobs, stimulating industries and […]
Continue ReadingNexif Energy Signs EPC Contract for 110 MW Gas-Fired Cogen Project in Thailand Nexif Energy (Nexif), a leading independent power producer in Asia and Australia, announced that it has signed an engineering, procurement and construction (EPC) contract for its 110 megawatt (MW) cogeneration project in Thailand’s Rayong Province. Nexif acquired the project in June 2017 […]
Continue ReadingVietnamese company resumes construction of northern Lao airport Construction of Nongkhang airport in Laos’ northern Huaphan province has been resumed after a one-year delay following financial difficulties of Vietnamese contractor, local daily Vientiane Times report on Saturday. The project was given the green light in June 2013 when the Lao government signed a contract with […]
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Phnom Penh city to airport trains to be ready by April 2018 The new railway line from the Phnom Penh train station to the airport will be launched before the Khmer New Year in April, according to the Ministry of Public Works and Transport. In addition, passenger ships from Prek Phnov to Phnom Penh and […]
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