Approved by the Government of Vietnam to Vinaca is investor of some the projects in Vietnam and South East Asian zone. The projects have been set up according to Vietnamese laws. On this duties, Vinaca wish to looking for partnerships for issues bonds, financing and constructing the projects as follows: Project: Bridges, Roads, Ports, Urban […]
Continue ReadingNissan Motor Co. said Friday it will spend about $358 million to construct a second auto assembly plant in Thailand as it ramps up production overseas, away from its costly domestic factories. The new plant in Samut Prakan Province will be built close to Nissan’s factory near Bangkok, and will eventually employ about 6,000 workers. […]
Continue ReadingAndritz receives CH. Karnchang order for electromechanical equipment for Xayaburi dam Steps are proceeding for the controversial $3.8 billion Xayaburi dam in Laos despite assurances that the hydropower project was on hold pending further studies into possible environmental effects on the Mekong River. Austrian technology company Andritz said Thai construction company CH. Karnchang had placed an […]
Continue ReadingFive South Korean companies have recently launched a 500-megawatt (mw) gas-fired combined cycle power plant project in Thakayta township, Myanmar’s Yangon, aimed at fulfilling its power demand in summer of 2014 and supplying electricity to the Thilawa special economic zone (SEZ). The five South Korean companies are Busan Korea Biotechnology Co, Korea Western Power Co, […]
Continue ReadingConsumers will have to pay twice as much for electricity by 2017 if power generation still relies on natural gas, and the options of nuclear or coal are not included in the National Energy Development Plan. To rectify this, the Electricity Generating Authority of Thailand (Egat) is revising its power development plan and will propose it […]
Continue ReadingPailin Chuchottaworn, the president and chief executive of Thailand’s energy flagship, said PTT has unused land in the industrial estate that it would like to use for environmentally and socially friendly purposes. “Projects undertaken in this zone will involve small and medium-sized enterprises making bioplastics from sugar cane and which are biodegradable,” he said. Mr […]
Continue ReadingInternational concerns about Lao’s plans to massively dam the Mekong River and its tributaries have again been brushed aside by the authorities in Vientiane who have announced new contracts worth about $1.0 billion to build three dams. The dams will feed a hydropower plant on two tributaries of the Se Kong River, just 100 kilometers from […]
Continue ReadingChairman Anant Kanjanapas said the company also aims to invest 600 million baht to develop a mass transit system at Muang Thong Thani linking with the MRT Pink Line (Khae Rai-Pak Kret and Min Buri). Bangkok Land’s aggressive stance comes after the company achieved a deal to buy back 44.82% of shares in Impact Exhibition […]
Continue ReadingThe move forms part of its preparations for the new regional business environment once the Asean Economic Community (AEC) comes into effect in a little over two years’ time, group chief executive Yuthachai Charanachitta told a news conference yesterday. The group began studying the restructuring of its business three years ago, when there was talk […]
Continue ReadingCambodian Prime Minister Hun Sen said Monday that the country has no plan to build a nuclear power plant for present time, citing nuclear disasters in Ukraine and Japan. He said that it was a misunderstanding that a neighboring country (Thailand) reportedly said that he allowed the construction of a nuclear power plant in Koh […]
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