Energy 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 […]
Continue ReadingPositive factors, ranging from global and domestic economic growth, the government’s populist policies and anticipated rises in construction costs, will help the homebuilder Built to Build Group enjoy 30% sales growth this year. Sutee Ketsiri, the group’s managing director, said the country’s gross domestic production (GDP) was expected to expand by around 5% while the […]
Continue ReadingThe cabinet has given a green light for the Mass Rapid Transit Authority of Thailand (MRTA) to request a loan from the Ministry of Finance to fund the extension of the MRT blue and green lines. Deputy Government Spokesperson Pakdiharn Himathongkham has disclosed the cabinet’s resolution approving the Ministry of Transport’s proposal to obtain […]
Continue ReadingRatchaburi Electricity Generating Holding (RATCH) is conducting a feasibility study to invest in a 1,800-megawatt coal-fired power plant in Koh Kong, western Cambodia, after the project was frozen during the conflict between the two countries, said chief executive officer Noppol Milinthanggoon. Meanwhile, the company is still hopeful that the coal-fired-power-plant project in Burma’s Dawei on […]
Continue ReadingA company contracted to build the Bang Sue-Taling Chan elevated railway line on Tuesday filed a petition with the Department of Special Investigation asking it to probe the role of the State Railway of Thailand for allegedly preventing it from working. Sooksan Nuntakul, a representative for Chun Wo Construction & Engineering, submitted a letter to […]
Continue ReadingThe Transport Ministry will buy more trains for the Airport Rail Link and build a new line from Suvarnabhumi airport to Pattaya. Pakorn Tangjetsakao, acting president of SRT Electric Train Co under the jurisdiction of the ministry, said the company needs five more trains worth 3 billion baht to add to the eight trains it […]
Continue ReadingThree Thailand-based hotel groups released pipeline updates for 2012, all focusing on overseas expansion with a smattering of properties due to open in home-base Thailand. It marks a determined shift in policy from home developments to expansion mainly within Asia/Pacific as Thai hotel brands seek wider recognition and marketing reach. Most of the properties are […]
Continue ReadingThe construction of a BTS extension from Taksin Bridge station to Phetkasem Road has begun, after a delay caused by last year’s floods. Completion is scheduled before the Queen’s birthday in August 2013. The 5.3kilometre extension covers four stations and merges with a BRT commuter bus service from SathornRatchaphruek. The four stations are Phothi Nimit, […]
Continue ReadingTo escape limitations under the new law which goes into effect in 2013, many firms are pressing ahead with their plans this year Property firms have speeded up developing new condominium projects in Bangkok before the new Bangkok city plan becomes effective on May 15, 2013. The new city plan will have provisions that limit […]
Continue Reading