The number of hotel rooms in Bangkok grew 12.1% year-on-year with the completion of six new hotels in the first half of 2013, lifting the total to 37,500 in downtown Bangkok, according to the latest survey by CBRE Thailand, a leading international property consultant. CBRE estimated the would be an 4,400 additional keys by the […]
Continue ReadingMyanmar has picked South Korea’s state-run airport operator to build a new international hub near it’s main city, as the once-isolated nation sees booming tourist and business visitor numbers. A consortium led by the Incheon International Airport Corp (IIAC) was chosen as the preferred bidder to construct the Hanthawaddy International Airport as a second hub […]
Continue ReadingThai group Italthai Engineering is the best positioned group to be awarded the international tender launched by Mozambique for construction of a railroad between Moatize, in Tete province and Macuse on the coast of Zambézia province, according to a report from Mozambican news agency AIM. AIM, which cites Mozambican weekly newspaper Savana, said that as […]
Continue ReadingThe government of Thailand is set to invest at least US$8 billion in the construction of a deep water port in the Zambezia province of Mozambique, which will have a rail link to the coalfields of the Tete province. “We have had success in investing in infrastructure and in development corridors and, in this […]
Continue ReadingTHE Burmese city of Dawei lies 350 kilometres (220 miles) west of the Thai capital, Bangkok. The two are separated by a stretch of mountainous jungle and have never been connected. But over the past five years, Thailand’s biggest construction company, ItalianThai, has cut a swathe through the jungle which, once paved, will cost roughly […]
Continue ReadingAbsolute Hotel Services Group recently announced a further expansion of the company’s portfolio in Thailand with the launch of the Eastin Easy Patong, Phuket, which will be ready to open by the 4th quarter of 2013. Eastin Easy Patong Phuket is located on Ratcha Uthit, Patong Kathu and will feature 55 superior rooms, designed in […]
Continue ReadingThe hotel management company, which currently operates two luxury properties in Bangkok and Koh Samui, has announced plans to launch a further three hotels in Thailand over the next 18 months. Joining the Hansar portfolio in the fourth quarter of this year will be two new boutique hotels – the 24-room Hansar Pranburi, in Thailand’s […]
Continue ReadingSean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]
Continue ReadingThe Myanmar electric power authorities have signed a memorandum of understanding (MoU) with two foreign companies, GMS Power Publish Co Ltd and Global Power Synergy Co Ltd of Thailand. The MoU aims at conducting feasibility study for establishment of combined cycle power plant project in Ayeyawady and Yangon Regions, official media reported Saturday. The cycle […]
Continue ReadingContractor Strabag has won a string of contracts for infrastructure projects in Oman, Thailand and Burnei – adding a total of € 230 million (US$ 305 million) to its order backlog. The largest single contract was a € 92 million (US$ 122 million) project to construct a flood protection dam in Oman. Meanwhile, in Thailand […]
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