Myanmar has signed a concession agreement with a consortium of private developers, including Italian-Thai Development (ITD) Public Company, for the Dawei special economic zone (SEZ) almost two years after ITD withdrew from the project citing financial difficulties. The new consortium includes ITD, Japanese-Thai joint venture Rojana Industrial Park Public Company and LNG Plus International Company, […]
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The site of the suspended Klong Dan waste water treatment facility in Samut Prakan’s Bang Bo district. The Natural Resources and Environment Ministry has decided to pay nine billion baht to the NVPSKG consortium, the contractor of the multi-billion-baht project, months after the Supreme Administrative Court ordered it do so. (Photo by Pattarapong Chatpattarasill) The Ministry […]
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The general view of Map Ta Phut industrial area. (Bangkok Post file photo) The government has decided to limit the industrial area in Map Ta Phut in Rayong province to 34,000 rai in a bid to secure confidence of existing investors wanting to expand production. Pasu Loharjun, director-general of the Industrial Works Department, yesterday said the latest meeting […]
Continue ReadingNineteen international firms including PTT Plc have responded to the invitation of Myanmar Petroleum Enterprise (MPE) to bid for joint ventures at a new liquid petroleum gas (LPG) factory in Thanlyin, the Energy Ministry has announced. Proposals will include construction, production and distribution contracts at the port, which is situated just 10 kilometres southeast of […]
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BANGKOK: — Prime Minister Gen Prayut Chan-o-cha yesterday ordered the construction of more ‘kaem ling’ or monkey cheeks (water storage canals) and ‘kanom krok’ (indented pans) to enable greater amounts of water to be stored in reserve to ease water shortage in the future. In addition, he tasked the Ministry of Natural Resources and Environment […]
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Mitsubishi Electric Corp will supply switchgears for the Electricity Generating Authority of Thailand Ayutthaya and Chaeng Watthana substations expected to come online in 2017. (Bangkok Post file photo) Mitsubishi Electric Corp will supply switchgears for the Electricity Generating Authority of Thailand Ayutthaya and Chaeng Watthana substations expected to come online in 2017. The Japanese manufacturer […]
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Wood is processed at a biomass thermal electricity generation plant in Ivankiv, in the Ukraine. The math shows that biomass for Krabi and Lampang is cheaper in the long run in many ways. (Reuters photo) Though I work as a CFO in the electronics industry in Thailand, I also have investments in various energy stocks […]
Continue ReadingTWO CONSORTIA have submitted proposals to build a Bt48-billion coal-fired power plant in the southern province of Krabi, even though opponents of the project insist there is no need to build such a “polluting” power plant in the tourism-dependent province. The Electricity Generating Authority of Thailand (Egat) said yesterday’s bid submissions by the consortium of […]
Continue ReadingDevelopers issued 54.2 billion baht ($1.55 billion) of bonds in the first half of this year — a record for a six-month period Bangkok: Thai property developers are raising record funds in the domestic bond market to finance high-end residential projects in a stumbling economy that appears to have hurt all but the affluent. Developers […]
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THAILAND’s transport minister Mr Prajin Juntong announced on August 4 that a new schedule has been agreed for the commissioning of Bangkok’s metro Purple Line which will enable the opening of the 23.5km line to be brought forward by several months. Previously Mass Rapid Transit Authority of Thailand (MRTA) had planned to open the line […]
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