Vietnam construction sector forecast by Fitch Solutions to grow over 7% over next decade Foreign Direct Investment (FDI) will play a key role for the expansion of Vietnam’s industrial buildings sector, as Vietnam emerges as a global manufacturing hub, stated Fitch Solutions. Vietnam’s building construction sector is expected to grow strongly at an annual average […]
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Cambodia’s New Airport in Siem Reap Confirmed to Complete in 2023 In face of the global pandemic, construction process of the new airport in Siem Reap province has been made as planned and it is scheduled to complete in 2023. In a meeting with H.E. Mao Havannall, Minister in charge of State Secretariat of Civil […]
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Design-Build Contract Awarded for a U.S. Embassy Office Annex in Bangkok, Thailand The Department of State has awarded the Design-Build contract for a U.S. Embassy Office Annex in Bangkok, Thailand to B.L. Harbert International of Birmingham, Alabama. This multi-story annex will be a secure, resilient, and modern office building for U.S. diplomacy in Thailand. SHoP […]
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Bangkok’s Green Line extension to open June 2020, Gold Line late 2020, Pink and Yellow Lines in 2021 The mass-transit business, which has taken a big hit from the Covid-19 pandemic, is likely to pick up steam after more extensions and new lines become operational, according to BTS Group Holdings Plc. Surayut Thavikulwat, chief financial […]
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Laos plans to build sixth Mekong dam, the Sanakham hydropower plant Laos has submitted plans to build a new hydropower dam on the Mekong River, with construction expected to start later this year, the Mekong River Commission (MRC) said on Monday. The Sanakham hydropower plant, with an estimated cost of US$2.073 billion, will be developed […]
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Seven-Eleven convenience store chain to make Cambodia debut in 2021 Thai conglomerate CP Group will oversee popular convenience store chain Seven-Eleven’s Cambodian debut in 2021 under a master franchise agreement with 7-Eleven Inc., a U.S. subsidiary of Seven-Eleven Japan Co. CP All Public Co., the agricultural conglomerate’s retail arm, has concluded a deal with the […]
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Electricity Generating Authority of Thailand (Egat) reviewing its investments, decline in demand for electricity due to Covid-19 fallout By THE NATION The Electricity Generating Authority of Thailand (Egat) has decided to review its investment plans due to the decline in demand for electricity in the industrial sector amid the Covid-19 outbreak. Patana Sangsriroujana, Egat’s deputy […]
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State Railway of Thailand (SRT) says double-track railway from Lopburi to Pak Nam Pho is 40 percent complete, ready for operations by 2023 By THE NATION The State Railway of Thailand (SRT) has said that the double-track railway from Lopburi to Pak Nam Pho is 40 percent complete and should be ready for operations by […]
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Civil Aviation Authority of Vietnam estimates 13,800 workers to build, operate Ho Chi Minh City’s Long Thanh International The Civil Aviation Authority of Vietnam estimates the first phase of building and operating the Long Thanh International Airport will need 13,800 workers. Of these, 470 will be at the managerial level and the rest with varying […]
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Myanmar’s Yangon Elevated Expressway project delayed for two months due to COVID-19 The tender process for the Yangon Elevated Expressway has been suspended for two months due to COVID-19, according to the committee in charge under the Ministry of Construction. “The tender was originally scheduled for end of April but we’ve postponed it to late […]
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