Category: Construction News

Thai govt considers sanctions against Bangkok monorail operators of the city’s Pink and Yellow lines The Thai government is currently mulling over the enforcement of contractual remedies against Northern Bangkok Monorail and Eastern Bangkok Monorail, the operators of the city’s Pink and Yellow lines respectively. This move follows a series of incidents that have raised […]

Italian-Thai Development reports billion baht loss but is confident it can make a comeback Italian-Thai Development (ITD), Thailand’s largest construction company, submitted its 2023 financial statement to the Stock Exchange of Thailand (SET) this week, reporting that it suffered a loss of 1.07 billion baht in the past year. The figure is an improvement from […]

Pattaya’s Wind Turbine Project on Koh Larn Fizzles Out After Failing to Deliver Power The wind turbine project to generate renewable power on Koh Larn in Pattaya has reportedly become a waste of resources after critics alleged that the turbines have broken down for a long time and the city lacked enough funding to repair […]

Contractor Syntec Construction sets record for new projects Contractor Syntec Construction Plc secured a record high 21 new projects worth a combined 12.8 billion baht last year, benefiting from the recovering condo sector and less intense competition post-pandemic. Chief executive Somchai Sirilertpanich said the number of new condo projects launched last year exceeded the level […]

Thai PM considers turning air force base in Nakhon Ratchasima into commercial airport Thailand Prime Minister Srettha Thavisin has been approached by provincial authorities in Nakhon Ratchasima to convert the local air force base into a commercial airport. The appeal was made during a meeting yesterday, March 24, to foster business growth and encourage tourism […]

Construction giant Italian-Thai Development to clear overdue salaries in April Italian-Thai Development plc (ITD) is borrowing from financial institutions and expects to clear overdue salaries for its 20,188 employees by the end of April, according to the labour minister. Minister Phiphat Ratchakitprakarn said on Monday that as of last Thursday, ITD had cleared overdue salaries […]

Thai Cabinet to review Red Line electric commuter rail upgrade Commuter rail route set to be expanded; three extensions this week, namely the Taling Chan-Salaya extension, Rangsit-Thammasat University, Rangsit Campus extension and the Taling Chan-Siriraj extension. The Transport Ministry will ask the cabinet to approve its proposals to further expand the State Railway of Thailand’s […]

Bangkok’s Airport Rail Link connecting Suvarnabhumi Airport with downtown Bangkok due for big overhaul to ensure passenger safety After 14 years in operation, Bangkok’s Airport Rail Link that connects Suvarnabhumi Airport with downtown Bangkok, will soon undergo a major maintenance, the Department of Rail Transport has announced. Skipping this important step could jeopardise the safety […]