The 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 […]
Continue ReadingHemaraj Land And Development Public Company Limited announced the acquisition of the land at Koh Lan (Million Island) Pattaya Thailand of 228.15 Rai (91.68 acres or 365,040 square meters). “Million Island Pattaya” now in the planning phase will be an integrated resort, entertainment, and leisure development that will serve the vast tourism and business needs […]
Continue ReadingArchetype Group, a leading multi-disciplinary construction consultancy in South East Asia, announced today its new partnership with AIA Associés. AIA Associés, who recently opened an office in Beijing, is a French-based firm specialized in the development of high-quality and technical healthcare facilities. The purpose of such alliance is to bring together the regional expertise of […]
Continue ReadingWithin the next five or six years Thailand could become one of the world’s leading lights in solar power, producing electricity from this renewable energy source at a cost that is either the same or less than buying electricity from a fossil fuel-fired plant. The government’s progressive energy policies have spawned a major solar power […]
Continue ReadingThe Thai government has approved a soft loan to Laos for a 33-kilometre road from the Phudu checkpoint in Uttaradit province to Paklai in the Lao province of Xayaburi. The project is being implemented to boost two-way trade, especially the import of commodities. The total cost of construction is estimated at 718 million baht. A […]
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