The 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 […]
Continue ReadingTraffic congestion at Suvarnabhumi Airport Airports of Thailand will go ahead with Phases 3 and 4 of Suvarnabhumi Airport’s development to boost its annual capacity to 90 million passengers. Its annual capacity is now 45 million. AOT acting president Somchai Sawasdeepon said yesterday that the agency was moving at full steam on the Bt62-billion second phase […]
Continue ReadingMandalay Golden Wings Construction company last week unveiled plans to build the country’s tallest building in Yangon’s Mayangone township. The company has started work on the US$60-million, 34-storey Diamond Inya Palace building on a 2-acre block near Inya Lake, and expects to finish by the end of 2015, a Mandalay Golden Wings spokesperson said last […]
Continue ReadingDeputy Prime Minister Plodprasob Surassawadee vowed yesterday to build a new nuclear research reactor in Thailand within the next five years. “Thailand should have another nuclear reactor. I’ll do my best to start the project again,” Plodprasob said when he presided over the opening of the 2nd Asian Symposium on Material Testing Reactors. The event […]
Continue ReadingBesides the 250-metre chimney stack, the highest man-made structure in this hilly town, Hongsa Power, which is proceeding with construction of its US$3.7-billion (Bt144-billion) coal-fired power plant, is bringing about many other big changes. Coming with construction is the creation of jobs for about 3,000 locals, according to governor Kamsing Sorasuk. Then, with electricity supplied by […]
Continue ReadingRienchai Likitplug, president of the property developer BKK Grand Estate Co, said the skytrain extension from Sois On Nut to Bearing that began running last year has triggered a boom in Bang Na. The area has changed dramatically in recent years, especially near the Bang Na intersection, he said. As soon as the skytrain opened […]
Continue ReadingGulf JP UT Co, a subsidiary of Gulf JP Co, has clinched a Bt39-billion financing facility from eight banks for a gas-fired power-plant project in Ayutthaya’s Uthai district, with commercial operations set to commence in 2015.Four of the eight banks are Thai – Kasikornbank, Bangkok Bank, Siam Commercial Bank and Land and Houses Bank. The […]
Continue ReadingThe infrastructure development export package includes construction, management and operation of the plant, as well as procurement of funds. The plant will be built in Rojana Industrial Park in central Thailand. The plant will be built using Mitsubishi’s latest power generation equipment and will be managed by a company that Electric Power Development will take […]
Continue ReadingThe construction industry’s lack of workers has resulted in many projects not being able to expand, says the Construction Institute of Thailand (CIT). Chakporn Oonjitt, executive director of the CIT, which is under the Industry Ministry, said some works, especially housing projects, have been delayed, while developers have been reluctant to take on new ones. […]
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