While the huge port-industrial complex idea on Burma’s southeast coast at Tavoy faces a rethink from Thai industrial conglomerate Italian-Thai Development, India is being seen as a possible savior for the shuddering project. The Thai developer is suffering a hiccup as potential investors hesitate following the decision by the Burmese government to ban plans for […]
Continue ReadingRangoon residents will be hoping that proposals for a Bangkok-style city rail network fare better than the grand plan for a high-speed railway linking Burma’s coast with China. The Burmese government says it’s talking with specialist construction companies from Singapore, Japan, the US and Germany about an elevated suburban system and also a subway system. […]
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Park Hyatt Hotel Will Be Third Hyatt-Branded Property in Thailand and 18th Park Hyatt Under Development Worldwide Hyatt Hotels Corporation (NYSE: H) today announced that a Hyatt affiliate signed a management agreement for Park Hyatt Bangkok for Central Embassy, a wholly owned subsidiary of the Central Group of Companies. The iconic hotel will be located […]
Continue ReadingMyanmar is in talks with foreign companies with a view to building elevated and underground train systems for the commercial capital Yangon, the country’s rail transport minister said on Wednesday ‘We are now talking with international companies for the construction of both a skytrain and underground train system for the commercial capital Yangon,’ the minister, […]
Continue ReadingSwiss-based Global Steel Dust Co (GSD) is ready to start construction of Southeast Asia’s first steel-dust recycling facility worth US$40 million once investment privileges are awarded by Thailand’s Board of Investment (BoI). Russ Robinson, GSD’s chief executive, said in Bangkok yesterday the company planned to develop a steel-dust (red dust) recycling plant at Amata City […]
Continue ReadingPurac has successfully started up its new 75,000 tonnes/yr lactide plant in Thailand. Construction of the EUR 45 million state-of-the-art plant, located at the existing Purac site in Thailand, was recently completed, and the new plant is currently undergoing commissioning. Already, several batches of high quality PURALACT lactides have been produced and shipping to customers […]
Continue ReadingThe Cabinet on Wednesday endorsed the construction of a double track railway for the Bangkok–Nong Khai route to be completed in 2019 ahead of the earlier schedule in 2025, said Deputy Government Spokesman Anusorn Iamsa-ard. The project will use part of the 140 billion baht budget earlier approved by the cabinet for nationwide railway development. […]
Continue ReadingHyatt Hotels Corporation is planning to open a new property in Thailand, announcing it will unveil Park Hyatt Bangkok in 2014. Revealed this month, the company said the hotel would be built for the Central Embassy brand and would be used as a modern mix-use building for business and leisure travellers. The third Hyatt-branded property […]
Continue ReadingEnergy Minister Arak Cholatanon yesterday called on the Electricity Generating Authority of Thailand to show progress in the plan to build a power plant with Cambodia. Egat should co-invest with Cambodia in the 100-megawatt Strueng Nam hydropower plant, he said in a meeting with Egat management. The two countries have agreed to conduct a feasibility […]
Continue ReadingEgat International Co, the wholly owned investment arm of the Electricity Generating Authority of Thailand (Egat), is further extending its power plant expansion in neighbouring countries with an aim to raise capacity to 8,300 megawatts. Established in 2006, Egat International’s sole venture is the Nam Ngiep 1 hydropower plant in Laos. That project, in which […]
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