Thailand Real Estate And Construction Business Report

Real estate and construction businesses reported revenue for 2010 with income over 3 trillion baht and a total profit of 35 billion baht. Italian-Thai Development PCL revenue was up to 36,676 million baht. Thirty five housing developers had combined earnings of 1.61 billion, an increase of 16%, and profits jumped more than 26% to over […]

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Thailand – water pollution control industry

The current total market size for wastewater treatment is estimated at about $1.533 billion USD, with an average growth rate of about 10% per year (government sector $613 million USD, private sector $920 million USD). In general, construction and engineering services costs are 85% of the project with the remaining 15% for equipment. Thus, the […]

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Thailand’s Rail projects are 10,000 workers short

Contractors demand Burmese migrants Mass transit contractors have made a desperate appeal to labour authorities to hire 10,000 immigrant workers to complete the 236km electric railway system in greater Bangkok. The contractors had complained about a lack of labourers which would result in construction delays, Supoj Saplorm, permanent secretary of the Transport Ministry, said. They […]

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TCC Land buys out CapitalLand holding in JV

Singapore-based CapitaLand has sold off its 40-per-cent stake in joint-venture firm TCC Capital Land to TCC Land Co, according to a news release yesterday. TCC Capital Land’s chief exe-cutive officer and managing |director, Soammaphat Traisorat, said in the release that his com-pany had paid cash to buy the Bt2.33-billion stake from CapitaLand. After the deal, […]

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Thailand’s Mae Sot soon to be Thailand-Burma Special Economic Zone

The Thai cabinet has approved a budget for hiring a team of expert planners to design a Special Economic Zone at Mae Sot on the northern Thai-Burma border, Thai media reported on Friday. Mae Sot is home to many Burmese migrant workers and refugees, as shown in this file photo of the Mae La Refugee […]

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ICAO endorses Suvarnabhumi as single hub

Calls grow to phase out Don Mueang The International Civil Aviation Organisation (ICAO) has joined the ranks of industry groups advising Thailand to further develop Suvarnabhumi Airport to serve as the country’s sole main air hub. Echoing earlier calls by the International Air Transport Association (IATA), the UN agency also suggested that Don Mueang Airport […]

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Quake rules need review

Many other provinces feature soft soil Engineering experts are pushing for a review of Thailand’s existing regulations requiring buildings to withstand strong earthquakes. The regulations issued in 2007 also should cover more provinces and types of construction projects, said Assoc Prof Dr Amorn Pimanmas, chairman of the project committee at the Engineering Institute of Thailand […]

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SEA-Japan cable project starts construction

The global consortium of telecommunications companies formed to build and operate the South-East Asia Japan Cable (SJC) system, which is routed near Northern Philippines, officially announced the start of the construction of their $400 million project Thursday. The SJC will link Brunei, China Mainland, Hong Kong, Philippines, Japan, and Singapore, with options to extend to […]

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