Construction News

NocNoc comes knocking online for building-supply customers 9 February 2019 The era of digital disruption has seen businesses adopt innovative strategies to fulfil customers’ needs – but consumer behaviour is also undergoing rapid change. That shift inspired the launch of NocNoc, a Thai marketplace platform that collects construction materials and provides services. Its founders aim to make it the most comprehensive market in the Kingdom for construction materials and home decorations, while also “unlocking the buyer-seller connection in the digital age”. There are many industrial players trying to… Read more »

Trams coming to “Smart City” Khon Kaen – and fares won’t exceed 20 baht The long awaited tram project in Khon Kaen will begin construction in June. Residents of the north eastern city will, however, have to wait two more years until the project is finished. Daily News said that fares would not exceed 20 baht. The project has its design roots in local organizations without the need for state help. State help comes in the form of finance in joint ventures with foreign investors. Artists’ impressions showed… Read more »

Sansiri to focus on medium and ‘affordable’ property segments in 2019 8 February 2019 LISTED PROPERTY firm Sansiri Plc plans to issue Bt5.5 billion worth of debentures this year to raise the money to buy Bt5 billion in land as part of its 2019 business expansion, its chief financial officer, Wanchak Buranasiri, said at a press conference yesterday. The company also plans to launch 28 new residential projects worth a total Bt46.6 billion this year. They include 12 condominium projects with a total value of Bt22.4 billion, nine… Read more »

BSR Joint Venture still in running for Thailand’s high-speed railway project 8 February 2019 BSR Joint Venture, one of two contenders in the bidding for the high-speed railway project connecting three major airports, still has a chance to enter negotiations with the State Railway of Thailand (SRT) over the results of the bid, the SRT said on Thursday. Even though the Charoen Pokphand Group (CP)-led consortium has offered the lowest bid, it has not yet been named the winner as its offer is subject to due diligence by… Read more »

Chinese company proposes new circular railroad for Yangon 7 February 2019 Representatives from China Railway Engineering Co Ltd (CREC) have met with the Yangon Region government to discuss the possibility of constructing of a new Yangon circular railroad, U Than Naing Oo, a member of the Yangon Region Hluttaw’s Transportation, Communications, Construction and Industry Committee told The Myanmar Times. “CREC proposed two versions of the potential railroad for consideration – one where it will be built on the existing circular railroad and another with an elevated track,” said… Read more »

IEAT rejects Map Ta Phut bid delay 24 January 2019 The bidding period to submit documents for Map Ta Phut port in Rayong province will not be extended, even as some bidders are calling for it, says the Industrial Estate Authority of Thailand (IEAT). The IEAT is the auction host for the third phase of the Map Ta Phut port worth 55.4 billion baht. The project is open for document submission, ending on Feb 6. Somchint Pilouk, IEAT’s governor, said there are 4-5 companies interested in bidding that… Read more »

Two-lane road connecting Myanmar’s Dawei SEZ with Thailand to be built 31 January 2019 YANGON-Myanmar will be constructing a road that connects Dawei Special Economic Zone (SEZ) and the border area with Thailand, says Dr Than Myint, Commerce Minister and Chairman of the Task Force on SEZ construction. “Myanmar is now discussing about construction of road to Dawei SEZ with Thailand. We have conducted the survey for construction. Construction tasks for road will be start soon,” said Dr Than Myint. A tripartite discussion with Myanmar, Thailand and Japan… Read more »

Thailand’s Mass transit lines lure Bombardier’s interest Canadian company Bombardier is keen to invest in monorail projects in major cities as the government revs up development in several provinces, including Chiang Mai and Phuket. 30 January 2019 Canadian company Bombardier is keen to invest in monorail projects in major cities as the government revs up development in several provinces, including Chiang Mai and Phuket. After meeting with Donica Pottie, Canada’s ambassador to Thailand, Kobsak Pootrakool, the minister to the Prime Minister’s Office, said Bombardier indicated intent to invest… Read more »