The government’s ambitious Bt350 billion water and flood management plans will likely fail to be completed within the five-year deadline due to environmental hurdles and opposition from communities over land expropriation, the Engineering Institute of Thailand (EIT) warned yesterday. The flood-management plans for dams, reservoirs, a massive diversion channel and retention areas would be required […]
Continue ReadingNew strategy agreed on by Thai and Myanmar governments secures the future of industrial and logistics megaproject, with contractor ITD still playing a leading role After two years struggling to get the Dawei deep-sea port and industrial site in Myanmar off the ground, Italian-Thai Development Plc (ITD) has faced up to the reality that it […]
Continue ReadingSolar power producer Sonnedix has surpassed 100MW of installed solar capacity following the completion of a 9.5MW solar plant in the Mae Chan district in Chiang Rai, northern Thailand. The plant was constructed by CH Karnchang and Assyce Fotovoltaica. Sonnedix previously completed a 7.5MW plant with Assyce in the north west province of Nakhon Ratchasima. […]
Continue ReadingBurasari Group, the operator of Burasari hotels and resorts, is looking for business opportunities in Asia to build up its hotel chain and increase its international profile. It is interested in Sri Lanka and Asean countries, including Myanmar. However, its expansion plan will go step by step to secure its investment. In Asean, the investment climate […]
Continue ReadingThe Thai developer of the multi-billion-dollar Dawei economic zone in Myanmar plans to spend an initial $300 million in 2013 on developing the project after receiving support from the Thai and Myanmar governments, an executive said on Monday. The amount will be used for the relocation of local people, as well as utilities, roads and […]
Continue ReadingDEVELOPMENT MANAGEMENT GROUP GREEN LIGHT FOR TREES Phuket, Thailand. 4 March 2013 – Development Management Group Co., Ltd. (DMG) is pleased to announce that Sasalak Pikoolpon, Jamroom Thongsen and Chiewchan Passananont have achieved Thailand’s Rating on Energy and Environmental Sustainability (TREES) Associate Accreditation certified by the Thai Green Building Institute (TGBI). The TREES qualifications demonstrate […]
Continue ReadingAll land titles on Phuket are to be reviewed in a major investigation to clarify property rights in advance of the Asean Economic Community in 2016, a leading official announced yesterday. Beachfront titles along Phuket’s entire west coast are to be reexamined in every detail to save Phuket’s popular destinations from illegal encroachers. Far from abandoning […]
Continue ReadingA new power station on Thailand’s southern island of Koh Samui was officially launched today. The Samui electricity station II, linked by underwater cable from the mainland power plant in Kanom district of Surat Thani province, will generate power to Samui and the sister island of Koh Pa-ngan. The Provincial Electricity Authority (PEA) spent a […]
Continue ReadingA seven-year scheme for a dual track rail system, to be developed by the State Railway of Thailand (SRT), will change the face of the nation, a senior official said today. SRT Governor Prapas Chongsa-nguan said the government is issuing a bill to seek Bt2 trillion in loans for the project to connect Thailand from […]
Continue ReadingBangkok office rents rose to their highest levels ever in 2012 surpassing the previous 1992 peak, according to a report by leading international property consultancy firm CBRE Thailand. Average grade A rents in the central business district (CBD) reached a level of 770 baht per square metre per month and Park Ventures Ecoplex on Wireless […]
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