Ananda Development eyes 16 projects this year SET-listed Ananda Development Plc (ANAN) plans to launch 16 projects worth a combined 35.1 billion baht this year and aims to have 34.9 billion baht in presales by the end of the year. Chief executive Chanond Ruangkritya said the new projects will comprise eight condominium sites and eight […]
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Singapore developer enters deal for new B579mn marina in Phuket The owner and operator of the ONE°15 Marina at Sentosa Cove in Singapore has bought a 60% stake in a Thai company that already has construction permits to build a B579 million 171-berth marina with adjoining 66-room hotel on 24 rai near the Phuket Deep […]
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Bangkok’s 11 electric train routes will be sufficient to serve people in the capital The government says all the electric train projects that it is implementing will be able to serve people in Bangkok after all are operational in 2022. Assurance of mass transport services in the capital was voiced by Deputy Prime Minister Somkid […]
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Thailand’s Coal-fired electricity projects deal struck PROTEST STOPS AS GOVT SIGNS AGREEMENT FOR INDEPENDENT ENVIRONMENTAL STUDY AS THE GOVERNMENT backed down, coal-fired power plant protesters yesterday announced victory and ended a hunger strike – although there were concerns that their disputes with a pro-coal group in their home provinces would remain. Shortly before the activists […]
Continue ReadingSiemens, Bombardier considered for Phuket airport rail contract Thailand’s province of Phuket is in talks with Siemens and Bombardier over a contract to supply a rail connection to the airport, German daily Frankfurter Allgemeine Zeitung (FAZ) reported. The investment for a rail link at the popular tourist destination could be more than $1 billion, the […]
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Energy Ministry downplays need for southern power plants The government says construction of new large-scale power plants in southern Thailand is unlikely over the next five years, arguing that existing power plants are capable of meeting demand. Energy Minister Siri Jirapongphan said on Thursday that there is no need to make a decision to build […]
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Thai renewables companies forced to seek opportunities abroad Government control and rising competition mean less room for domestic growth Thai renewable power companies operating solar and wind farms are shifting investment overseas, despite the government’s target of making renewables contribute up to 25% of the country’s total power mix by 2021. The state’s control over […]
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Bangkok’s Mass transit to shape market Construction continues for the MRT Green Line project linking Mor Chit-Saphan Mai-Khu Khot Eleven new mass transit lines citywide spanning 480 kilometres will change the property landscape and urban lifestyles in the next decade, say property analysts. MRT Route Map Surapong Laoha-Unya, chief operating officer at Bangkok Mass […]
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Eight years needed to build Yangon railway station project With an estimated price tag of US$2.5 billion and eight years to build, the time cost and investment needed for the Yangon Central Railway Station redevelopment are massive. THE US$2.5 billion Yangon railway station project, which is set to be Myanmar’s largest joint venture investment project […]
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Thai state railway to open golden empty lands Proposed new holding company aims to lease vast tracts of land for development in congested downtown Bangkok The State Railway of Thailand’s (SRT) headquarters, a gem of century-old Siamese architecture tucked behind central Bangkok’s Hua Lamphong railway station, may soon be converted into a boutique hotel. “It’s […]
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