Category: Construction News

Thai PM allays foreign quota fears on foreign ownership allowed in condominiums Prime Minister Srettha Thavisin on Sunday defended the proposal to raise the proportion of foreign ownership allowed in condominiums from 49% to 75% and extend land lease terms for foreigners to 99 years from 30-50 years, saying these measures will help stimulate the […]

Good news on Thailand’s eastern corridor high-speed railway Prime Minister Srettha Thavisin is vowing to push for a high-speed railway project linking three main airports to ensure the success of the Eastern Economic Corridor (EEC) and he expects good news to revive the long-delayed railway project next month. The prime minister voiced support for the […]

EGAT to open bid for Srinagarind Dam hydro-floating solar project on 14 August The project is expected to be operational within 2026. The Electricity Generating Authority of Thailand (EGAT) opened the selling of bidding documents for the development of a 140-megawatt (MW) unit 1 hydro-floating solar hybrid project in the Srinagarind Dam, with the bidding […]

Raising Thailand’s foreign condo ownership quota from 49% to 75% being reviewed Deputy PM Phumtham says 75% cap will be studied, along with longer lease periods The government will study the feasibility of raising the level of foreign ownership allowed in condominiums from 49% of a building’s usable space to 75%, according to Deputy Prime […]

Bangkok townhouse sales plunge Weak demand plagues the mid-level segment in the first quarter New sales of Greater Bangkok townhouses plummeted in the first quarter of 2024 to a 12-year low, nearing levels following the severe floods of 2011, largely attributed to weak demand in the middle to lower-end segments. Somboon Wasinchutchawal, acting chief executive […]

Meinhardt (Thailand) Ltd. Sets to Drive Future Business Growth Announcing New Leadership Transition In honour of John Pollard’s step back from his position After nearly 5 decades in the industry across various countries, including 33 years dedicated to Meinhardt Thailand. Mr. John Pollard, will step back from his current role as a Managing Director and […]

Krabi airport’s Parallel taxiway project sped up The Department of Airports (DoA) is accelerating a 941-million-baht project to construct a parallel taxiway at Krabi airport so that it will be completed on time. The project is now over 76% complete. Wittawas Pakdesontiskul, DoA deputy director-general, said he recently made an inspection visit and attended a […]

Nearly 50% work done in crucial tunnel of Bangkok’s Purple Line metro project The Mass Rapid Transit Authority of Thailand (MRTA) has reported 45.38 per cent progress in building an underground tunnel connecting Taopoon and the National Library, as part of the Bangkok metro Purple Line. The metro railway route is expected to open in […]

Egat to launch third floating solar project on the Srinagarind Dam reservoir in Kanchanaburi province The Electricity Generating Authority of Thailand (Egat) has announced plans to outsource engineering, procurement and construction firms for the development of a third solar floating project on the Srinagarind Dam reservoir, according to the deputy governor for power plant development […]