GAC Aion Thailand factory officially started construction On January 31, GAC Aion officially announced the commencement of construction on its Thailand factory project, located in the Rayong Industrial Park in Rayong Province. This initiative marks GAC Aion’s first overseas production base, symbolizing a significant step in the company’s global expansion strategy. With a total investment […]
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SET-listed developer Land & Houses rejigs towards recurring income The tourism boom has the developer directing its investment to hotels in Thailand and the US SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development. […]
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Bangkok’s Pink Line monorail to resume full service after repairs beginning of February 2024 The Pink Line monorail will resume full service from Min Buri to Nonthaburi Civic Center on Thursday after its operator repaired a conductor rail that collapsed last month. Inspecting the system on Tuesday, Deputy Transport Minister Surapong Piyachote said Pink Line […]
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Thailand’s hotel industry will add 10,000 rooms by 2024 BANGKOK – The Thai hotel industry is expected to grow by around 10,000 new rooms in 2024, according to Jasper Palmqvist, senior director for Asia Pacific at STR Global, a global provider of data, analytics, and marketing for the hospitality industry. Most of the new rooms […]
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Vietnam – China railway will connect tracks at Lao Cai from 2025 Vietnam Railway Administration (Ministry of Transport) said it is working with the China National Railway Administration to agree on a point to connect 1.435 mm standard gauge railway tracks between the two sides at Lao Cai, deployed from 2025. Accordingly, the two countries’ […]
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USD9.98 billion proposed for Ho Chi Minh City – Can Tho railway route CT Group has recommended raising USD9.98 billion to implement the HCM City-Can Tho railway project through a public-private partnerships (PPP). Under the group’s proposal sent to the government, the railway route would be 174 kilometres long and have 12 stations, running HCM […]
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Bangkok-Vientiane train to be reality by April Trial runs to start next month on final link to main station in Lao capital, says SRT The State Railway of Thailand plans to extend its Bangkok-Nong Khai train service to reach Vientiane in April. Trains would tentatively start operating from the Thanaleng station just across the border […]
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China urges faster progress in billion-dollar railway link to Thailand China and Thailand must accelerate the construction of a planned high-speed railway linking the countries, Chinese foreign minister Wang Yi said on Monday, pushing an ambitious Southeast Asian network. Wang did not spell out a time-frame, but the Thai government currently expects the 873-km (542-mile) […]
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More public-private projects in pipeline in Thailand Combined value of B100bn proposed Eight government investment projects worth a combined 100 billion baht will be developed this year under public-private partnerships (PPP), says Tibordee Wattanakul, director-general of the State Enterprise Policy Office (Sepo). He said Sepo is preparing to propose eight additional public-private joint venture projects […]
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Cambodia plans expressway from Phnom Penh to Thailand’s Sa Kaeo border Cambodia is planning to build an expressway to link its capital Phnom Penh with the Thai border in Aranyaprathet district of Sa Kaeo province. Cambodian officials were on the ground last week to inspect some locations to be used for the project. They would […]
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