Vattanac Capital will contain approximately 11,500 square meters of premium retail space in the Podium to accommodate luxury international brands. Vattanac Properties Ltd. has begun development for the 39-storey Vattanac Capital office tower in Phnom Penh, Cambodia due to the need for International standard Grade A office space. Some of the key features of the development are […]
Continue ReadingThailand’s Deputy Prime Minister and Minister of Finance, Kittiratt Na Ranong, says the Japan International Cooperation Agency (JICA) is conducting aerial photography of the central plains to establish the best sites for flood water retention by the end of the month. “JICA confirmed that aerial photography was nearing completion therefore the flood management zones should be […]
Continue ReadingCrown Holdings Inc. will construct a new beverage can plant in Sihanoukville, Cambodia, to accommodate growing demand. The new plant is designed to produce multiple can lines and will have an initial annual production capacity of 725 million, two-piece 33cl aluminum cans. The facility is expected to be operational in the third quarter of 2013 and […]
Continue ReadingLoxley Plc is spending 60 million baht to build a pilot plant for algae-based biofuel, possibly in Ratchaburi province. The location will likely be at the power plant owned by Ratchaburi Electricity Generating Holding Plc in Ratchaburi province so that carbon dioxide from the plant can be used to feed algae, said Nattapon Dejvitak, vice-president for […]
Continue ReadingThe Thai government has approved a loan to Laos to pay for Pakse Airport’s second phase development. Last week, the Thai Cabinet confirmed it would provide Bt184 million in a soft loan at 1.5% interest for 20 years with a five-year grace period. Italian-Thai Development has been appointed the contractor. It will extend the length and width […]
Continue ReadingInitial bids for project deemed unqualified The government will scrap bids for the third contract of the Red Line mass transit project to ensure it receives 70 billion baht from the Japan International Cooperation Agency (JICA) to finance the project. Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong took a team of senior finance executives […]
Continue ReadingPTT EXPLORATION and Production International (PTTEPI) signed contracts for construction work at its Zawtika gas project in the Gulf of Mottama on May 7, the company said. The signing ceremony took place in Yangon at the Chatrium Hotel. PTTEPI contracted the tasks of building processing and living quarters to Singapore-based SMOE Pte Ltd, a recognised […]
Continue ReadingFloodway construction worth 120 billion baht and covering 375,000 rai is expected to be finished 21/2 years from now. The government project is intended to be a permanent solution to flooding in the Chao Phraya River plain. It is part of a long-term, 350-billion-baht management initiative from the Strategic Committee for Water Resources Management. Supoj […]
Continue ReadingThe Real Estate Information Center has indicated that the prices of construction materials rose by 5% year-on-year in April. According to the center, the average material prices in April increased by 1% from March, and by 5% from April last year. Concrete costs rose the most, to the tune of 19% year-on-year; sanitary ware, electrical […]
Continue ReadingRemote but accessible, offers a unique approach to luxury There’s one place in Thailand where you have to set your watch one hour ahead, walk around bare foot, refrain from reading and hearing about any news, and your requests are fulfilled by the butler called Friday. That may make you feel like a modern-day Robinson […]
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