Category: Construction News

Nippon Steel makes $763 million acquisition of two Thai steelmakers Japan is making a move to invest in Thai steel. Nippon Steel Corp, the largest manufacturer of steel in Japan has announced a strategic deal to buy stakes in two major steelmakers in Thailand. The deal is reported to be worth as much as US […]

Condominium market in Thailand’s Cha-am, Hua Hin and Khao Tao area slows Pandemic brings halt to new project launches but prices hold steady The condominium market in the Cha-am, Hua Hin and Khao Tao area remained slow in terms of both supply and demand in the second half of 2021, according to Sunchai Kooakachai, director […]

Thailand’s estimated 1.49 trillion baht megaprojects plan for transport infrastructure Project to improve land, sea, air links The government has unveiled a plan to invest in various megaprojects worth an estimated 1.49 trillion baht this year, to improve Thailand’s land, sea and air connectivity. Transport Minister Saksayam Chidchob announced the plan at a seminar titled […]

Bangkok’s Yellow Line Monorail trial run proceeds smoothly Mr. Keeree Kanjanapas, the Chairman of BTS Group, led the Board of Directors and management team on a trial run of the Yellow Line monorail from the Yellow Line depot to Sri Nut station. This trial run went smoothly after the earlier successful trial run of the […]

873 kilometre High-speed rail to connect Thailand to China delayed 3 years to 2026 With recent plans fast-tracked to build a bridge to connect Thailand to the Chinese-La0 cargo train route, more rail projects are being focused on. But the plan to create high-speed rail service that travels 873 kilometres from Bangkok into China is […]

Solar startup estimates capacity to treble this year in Thailand Growing demand for solar energy from households and businesses as a result of new lifestyles transformed by the pandemic is expected to help energy startup Ion Energy Co expand its rooftop solar panel installation capacity from 5 to 15 megawatts this year. Covid-19 has caused […]

Property prices in Thailand expected to jump up 3-5% in 2022 Thai property developers expect to hike their prices by three-to-five per cent this year due to rising construction costs and a restoration of balance in the property market. Richy Place CEO Apa Ataboonwongse on January 14 said now that some of the properties in […]

Thai property developers Noble Development and SC Asset Corporation plan record launches SET-listed developers Noble Development and SC Asset Corporation are upbeat about their business prospects and overall market sentiment this year, with both planning record property launches. In 2022, Noble plans to launch 18 new projects worth a combined 47.7 billion baht, while SC […]