Leading real estate consultant CBRE Thailand reports a significant change of direction for the property market in Phuket, a trend which started late last year. The change is likely to be the most significant since the Asian crisis in 1997 and is driven by a number of factors: namely the entry of Bangkok-based and Thai […]
Continue ReadingThe State Railway of Thailand (SRT) has hired a consultancy firm to conduct a feasibility study into a high-speed rail link between Bangkok and Rayong. The agency has agreed to pay Asian Engineering Consultants Corp 251 million baht to conduct a 14-month study of the 221-km project, SRT governor Prapat Chongsanguan said. The scheme is […]
Continue ReadingCanadian Solar Inc. has signed an exclusive module supply agreement to provide 91 MW of its CS6X photovoltaic modules to Soleq Solar Co. Ltd. for power plant projects in Thailand. The solar power plants will be owned and operated by Soleq. Juwi will provide engineering, procurement and construction (EPC) services for seven projects with a […]
Continue ReadingSeven companies from across five countries have partnered up with Jakarta Monorail to build Indonesia’s first monorail system, officials said on Saturday. Jakarta Monorail and its new parent company Ortus Holdings signed an agreement with Indonesian telecommunication company Indosat, Germany’s TUV Rheinland Group, Thailand’s Bangkok Mass Transportation System, Singapore’s ST Electronics and SMRT International and […]
Continue ReadingAirports of Thailand Plc (AoT) is adopting a fast-track approach to arrest the capacity shortfall at Thailand’s top three airports. The move will accelerate development beyond the existing time lines, which have proved insufficient to keep pace with spiking air traffic. Designed to deal with more immediate traffic build-up will be the opening of a […]
Continue ReadingB Grimm Trading Corporation aims to grow its sales of engineering products from Europe, the US and other parts of the world by 75 per cent to Bt1.4 billion this year while joining with Carrier Thailand to venture into emerging markets such as Myanmar. B Grimm Trading, an affiliate of B Grimm, serves as an […]
Continue ReadingThe Mass Rapid Transit Authority (MRTA) on Sunday approved the planned construction of the Orange Line electric train on the eastern section of Bangkok between Thailand Cultural Centre and Min Buri. MRTA chairwoman Ratchanee Treepipatkul said the board would soon ask the cabinet to approve a budget of 85.4 billion baht for the construction of […]
Continue ReadingThailand has selected four winners for water management projects worth around 290 billion Thai baht ($9.5 billion) aimed at preventing a repeat of devastating floods in late 2011. The flooding cut Thailand’s economic growth to just 0.1 percent in 2011 but the water projects and other infrastructure work are expected to drive the economy in […]
Continue ReadingThe governor of the Electricity Generating Authority of Thailand yesterday said he hoped plans for the Dawei power-generation plant, which had been submitted to the Myanmar government, would be approved in time for construction of the 1,800-megawatt coal-fired facility to commence by year-end. Sutat Patmasiriwat said the Thai government had submitted the plans for the […]
Continue ReadingEnergy Minister Pongsak Ruktapongpisal believes the government’s Bt2-trillion infrastructure mega-projects, which will support future growth of communities and cities along the new high-speed-rail route, will push up demand for electricity substantially. The Energy Ministry is drafting an electricity-generation development plan from now to 2030 that will differ from the Power Development Plan 2010 as the […]
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