The ongoing political turmoil has affected the construction sector, given that the government’s planned massive spending on new state mega-projects will now be further delayed. Construction Institute of Thailand director Chakporn Oonjitt said state spending – especially on new transportation routes – contributed 50 per cent to the construction industry per year. The political chaos […]
Continue ReadingJapanese property firms are expanding their development of residential projects in Thailand by setting up joint ventures with leading Thai developers for projects worth more than Bt20 billion combined this year. The move follows demand to buy homes in the Kingdom from Japanese investors expanding their investment in the region before the Asean Economic Community […]
Continue ReadingSansiri Public Company Limited, a leading real estate company, has been awarded the Best Developer in Thailand by “South East Asia Property Awards 2013” in recognition of the company’s hard work and passion. This award also highlights Sansiri’s outstanding position among other developers in South East Asia. Therefore, it is not surprising that Sansiri’s real […]
Continue ReadingKrisEnergy has been awarded the Engineering, Procurement, Construction, Installation and Commissioning (EPCIC) contract for the production and processing facilities for the Nong Yao oil development in block G11/48 in the Gulf of Thailand. The EPCIC contract was awarded to Nippon Steel and Sumikin Engineering by the operator of G11/48, Mubadala Petroleum. The development concept for […]
Continue ReadingMubadala Petroleum said on Tuesday that it has awarded the contract to develop an oil field in Thailand. The UAE-based company said in a statement that the platform engineering, procurement, construction, installation and commissioning (EPCIC) contract for the Nong Yao oil field has been awarded to Nippon Steel and Sumikin Engineering Co Ltd. Work has […]
Continue ReadingGunkul Engineering plans to invest more than Bt12 billion over the next two years to develop wind-power plants in Thailand and gas-powered plants in Myanmar. This is part of the company’s strategy to transform itself from an importer and provider of electrical equipment into a power producer in Asean. It aims to be producing at […]
Continue ReadingLaos has broken ground on an ambitious high-speed railway project linking the country’s western border with Thailand to Vietnam and is likely to begin full construction this month, according to sources. Giant Consolidated, a Malaysian company that will construct and operate the 220-kilometer (140-mile) railway, held a groundbreaking ceremony to mark the laying of the […]
Continue ReadingKey trends and regulatory changes in the industry: – The Thai government updated its green energy agenda in March 2012 with the ambitious ‘Alternative Energy Development Plan’ (2012-2021). The plan states that 25% of total energy consumption would derive from alternative energy sources, and set targets of 2GW of solar capacity, 1.2GW of wind capacity […]
Continue ReadingThree international airports, in Bangkok and Phuket, are now being upgraded and Chiang Mai, Chiang Rai and Songkhla airports will also be expanded to handle the growing number of air travellers, Airports of Thailand said on Monday. Budgets had already been allocated for the expansion of capacity at Suvarnabhumi and Don Mueang in Bangkok and […]
Continue ReadingThe Energy Complex is a green building with an LEED (leadership in energy and environmental design) platinum accreditation. The use of “green buildings” has increasingly formed a key part of efforts by large firms to improve their corporate image and show their corporate social responsibility (CSR), resulting in more and more of these types of […]
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