Construction News

CENTRAL Pattana plans more malls in region – at least two new shopping centres in Malaysia and Vietnam

CENTRAL Pattana plans more malls in region – at least two new shopping centres in Malaysia and Vietnam 18 June 2019 CENTRAL Pattana Plc, or CPN, has plans to open at least two new shopping centres in Malaysia and Vietnam “as soon as possible” after the successful opening here last week of its first Malaysian shopping centre, Central i-City, built at a cost of Bt8.5 billion. “We are studying two land plots in the country to prepare for developing the next shopping centre in Malaysia, and are also… Read more »

Mercurius to buy 50% stake in Thai property developer, jointly develop Phuket resort

Mercurius to buy 50% stake in Thai property developer, jointly develop Phuket resort 17 June 2019 MERCURIUS Capital Investment is looking to acquire half of a Thai private property developer, Grand Bay Hotel, for more than 335 million baht (S$14.69 million), as well as to jointly develop the Sheraton Phuket Grand Bay Resort, a resort in Phuket, Thailand. The Catalist-listed firm said in a bourse filing on Monday morning that it will buy a 50 per cent stake in Grand Bay from Thailand-listed real estate developer Apex Development…. Read more »

Thailand’s three major airports High-speed rail project mired in land issues

Thailand’s three major airports High-speed rail project mired in land issues Expropriation of buildings and homes along route behind schedule 16 June 2019 The high-speed train project to link up three major airports is still mired in land expropriation and eviction problems concerning 20% of the land required for construction despite it being expected to begin operation in five years. If the State Railway of Thailand (SRT) fails to hand over this part of land, approximately 2,000 rai, to the Charoen Pokphand Group (CP)-led consortium contracted to construct… Read more »

70 million baht to be spent on adviser/designer team for Pattaya’s state of the art tram project

70 million baht to be spent on adviser/designer team for Pattaya’s state of the art tram project Pattaya Watchdog reported on Thursday that Pattaya City Hall is planning on spending 70 million baht in advisory and design work on the proposed tram project that is set to transform the popular resort. This comes after reports earlier in the week suggested that two companies were in line for the tender to build the city’s light train (tram) network. They have also scotched suggestions of an elevated train saying the… Read more »

Chinese companies to build 400 MW power plant in Cambodia

Chinese companies to build 400 MW power plant in Cambodia Electricite Du Cambodge yesterday signed an agreement with two Chinese firms to build a power facility fueled by heavy fuel oil and liquefied natural gas that will be able to generate 400 megawatts. The facility, which will be composed of two main plants, will be built in Kandal province’s Lvea Em district. The agreement signing ceremony was attended by the ambassadors of China, Germany, and Finland. Chinese firms CGGC-UN Power Co., Ltd and China National Heavy Machinery Corporation… Read more »

Massive Chinese resort breaks ground on Cambodia’s Sihanoukville coast

Massive Chinese resort breaks ground on Cambodia’s Sihanoukville coast Hotel and entertainment complex Prince Tian Xi Wan broke ground on Thursday in Sihanoukville. The company behind the project, Chinese property conglomerate Prince Real Estate Group, hailed the development as a “new landmark in the property sector in the coast.” According to a company announcement, works on the project’s foundation began in August last year, with the main construction work starting last week. “The foundation of the project has been laid, and now work is beginning on the main… Read more »

Thai Cabinet okays development of Map Ta Phut port 3rd phase

Thai Cabinet okays development of Map Ta Phut port 3rd phase 12 June 2019 The cabinet has approved a development deal for the third phase of Map Ta Phut port, one of five megaprojects under the Eastern Economic Corridor (EEC) scheme. Nathporn Chatusripitak, a spokesman for Deputy Prime Minister Somkid Jatusripitak, said the cabinet approved a renegotiated result for the third phase of Map Ta Phut port between the EEC Office and the Industrial Estate Authority of Thailand (IEAT) and the winning bidder, a consortium led by PTT… Read more »

Hopewell project’s structures hinder Bangkok’s high-speed airport link of Thailand’s major airports

Hopewell project’s structures hinder Bangkok’s high-speed airport link of Thailand’s major airports 12 June 2019 The unsettled Hopewell saga may now delay the construction of the high-speed train system to link up the country’s major airports, as the State Railway of Thailand (SRT) remains uncertain what to do with 288 poles left from over two decades ago. The SRT is still in talks with Hopewell (Thailand) regarding the Supreme Administrative Court’s order for the SRT to pay the company 37 billion baht in compensation within 180 days, said… Read more »

Thailand’s Energy Ministry has high hopes for solar scheme

Thailand’s Energy Ministry has high hopes for solar scheme Project expected to hit 15,000 households 6 June 2019 The Energy Ministry expects the solar power project for household rooftops to achieve its projection of 15,000 participants by year-end thanks to the popularity of the trend globally and declining investment costs in the sector. The number of households using solar power has increased significantly since the Energy Regulatory Commission (ERC) opened its household solar power scheme last month, with plans to buy electricity from individual producers of up to… Read more »

Plans for Chumpon-Ranong double-track rail route stall

Plans for Chumpon-Ranong double-track rail route stall SRT eyes rethink in ‘two to three years’ 11 Jun 2019 The Comptroller General’s Department has put the double-track rail project from Chumphon to Ranong on hold due to concerns about its economic viability, according to a source at the State Railway of Thailand (SRT). The 40-billion-baht project was originally driven by Deputy Prime Minister Somkid Jatusripitak, who envisaged the rail development linking the Gulf of Thailand to the Andaman Sea in a boost to the Southern Economic Corridor scheme. Construction… Read more »