Thai property developer Raimon Land is undergoing significant changes in the first half of this year. Today the company announced the appointment of a new Chief Executive Officer Johnson Tan. Tan takes over from Hubert Viriot who is returning to a post with IFA Hotels and Resorts in Dubai. Earlier this year IFA disposed of […]
Continue ReadingSuvarnabhumi Airport in Bangkok to undergo expansion Airports of Thailand is planning to hire an airport-design consultant for Phase 2 expansion of Suvarnabhumi Airport in Bangkok. The expansion is aimed at accommodating the increasing passengers and air traffic, and is estimated to cost THB62.5-billion ($21.1 million). The design for the Phase 2 expansion is expected […]
Continue ReadingBidding for the construction of a high-speed train line to Rayong is expected to be held by the first quarter of next year, State Railway of Thailand (SRT) governor Prapat Chongsanguan said on Monday. The decision to set a timeline follows the launch of a study on the environmental impact and other details which could […]
Continue ReadingA planned 42.9-kilometre expressway linking western Bangkok to the east has been revived but will now be diverted to the city’s north. The government yesterday pulled the plug on a light rail project which was originally proposed as a successor to the expressway. However, rather than revive the expressway plan as it was, the government […]
Continue ReadingEnergy Minister Pongsak Ruktapongpisal has given the Electricity Generating Authority of Thailand (Egat) the green light to proceed with a plan to build coal-powered plants in Myanmar and Cambodia – providing Thailand with 10,000 megawatts of electricity. Egat has also been instructed to negotiate the purchase of nuclear power from China in order to bring […]
Continue ReadingNew rules to cover building are derided by experts A new city zoning plan soon to come into force has former Bangkok governor candidates up in arms and threatening to take City Hall to court. With the backing of other prominent citizens and experts, they are puzzled by the intended restrictions on certain types of […]
Continue ReadingAirports of Thailand (AOT) will hire an airport-design consultant for Phase 2 of its expansion of Suvarnabhumi Airport. The expansion is expected to be complete by 2016. The company also plans to bring in smart cards and barcode technology to speed up its immigration services and alleviate congestion at Bangkok’s main airport. Sitta Tivari, chairman […]
Continue ReadingNational Power Supply (NPS), which is specialized in manufacturing, designing and development of power supply systems, revealed that the company has joined the natural-gas-fired power plant bid set for Independent Power Producers (IPPs), with combined capacity of 5,400-megawatt, which is scheduled to feed in power by 2020. Sitthiporn Rattanopas, NPS chairman, said that the company […]
Continue ReadingGEP wants partners for its 210-MW Myanmar solar plant Green Earth Power (Thailand) or GEP is seeking partners for joint development of its 210-megawatt solar power plant in Myanmar, the third largest of its kind in the world and costing nearly 9 billion baht. The company also plans to mobilise funds from the Stock Exchange […]
Continue ReadingThe Electricity Generating Authority of Thailand (Egat) is pushing forward its 303-billion-baht budget for building power facilities between now and 2017. Egat governor Sutat Patmasiriwat said funding will come from various sources including bonds and bank loans, as Egat’s debt-to-equity ratio is only 0.5 times. “We expect to use our operating cash and accumulated profit […]
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