(MENAFN – Gulf Times) Countries of the Association of Southeast Asian Nations (Asean) are taking steps to extend leasehold periods granted for foreign individual or companies for land in a bid to boost investment. The Thai government recently approved 99-year leases for state land for industrial and commercial use to speed up the development of […]
Continue ReadingBANGKOK, 4 June 2015 (NNT) – PTT Plc is set for the construction of the natural gas floating storage unit to strengthen the stability of the natural gas system, according to the PTT CEO. The President and CEO of PTT Plc Pailin Chuchottaworn has revealed that the company is planning to construct two Floating Storage […]
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Motorists and commuters who use Phahon Yothin Road are bracing for a traffic nightmare when two flyovers will be cleared for the construction of a mass transit line from Mor Chit to Khu Khot in Pathum Thani province. Construction firms have been given the nod from the Mass Rapid Transit Authority of Thailand (MRTA) to […]
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Yet another deal has been signed to turn the U-Tapao Naval Airbase into an actual international airport, able to handle 800,000 passengers by next year. (Bangkok Post file photo) The Transport Ministry and the navy have clinched a deal to develop U-tapao airport in Rayong for commercial purposes. The memorandum of cooperation (MoC) was signed by Transport […]
Continue ReadingA garage owner digging a deep well in a fruitless search for water has instead struck gas on his land in Tak’s Mae Sot district, near the Myanmar border. Sanya Sanyasiri, 41, was shocked when steam began erupting from the 70 metre-deep hole, along with a smell reminiscent of gas. Mr Sanya, owner of Sanyasiri […]
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JV firm targets B3bn building jobs locally Israeli construction company Danya Cebus Group is focused on Southeast Asia following its joint venture with SET-listed developer Major Development Plc (MJD). They set up TMDC Construction Co in Thailand late last year, which targets having at least three construction jobs in Bangkok totalling more than 3 billion baht […]
Continue ReadingTHE LAWYERS COUNCIL of Thailand has dispatched a team to follow up on the progress of the Electricity Generating Authority of Thailand (Egat) in responding to Supreme Court-ordered measures at its controversial lignite-fuelled power plant in Lampang’s Mae Mo district. The team initially found that Egat had paid compensation to 131 affected villagers and established […]
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A general view of Chiang Mai airport in a foggy day. (Bangkok Post file photo) Transport authorities are discussing the expansion of Chiang Mai airport with a new terminal and more aircraft parking bays, as part of solutions to ease traffic congestion and overcrowding. Whether the new facilities will be built depends on a new […]
Continue ReadingNEW BUILDINGS will soon be required to introduce new technology and equipment to reduce energy consumption by 30 per cent from the 2010 base if they are to win construction licences. The list of products with the “Eco” label will be expanded to cover new devices like tablets and mobile phones, to ensure that only […]
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Thailand-based wind power plant operator Inter Far East Wind International (IWIND), a subsidiary of Inter Far East Engineering PCL (IFEC), has acquired all the ordinary shares in SGC Wind Energy Company for 330 million baht (approx. $10 million). SGC has a registered and paid-up capital of 250 million shares and IWIND has acquired 2,499,991 shares […]
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