IHG Sign Phang Nga Bay Resort InterContinental Hotels Group has inked a deal for a new 170-key resort on the island of Koh Yao Yai, near to Phuket. The project is being developed by a Thai group, Soraya Development who also own the Holiday Inn Resort and Holiday Inn Express in Krabi. One of the […]
Continue ReadingChina’s CRRC to supply Thai-Chinese joint rail project China’s state-owned CRRC Corporation Ltd (CRRC Corp) will supply tracks, electronics, machinery and locomotives for the first phase of a Thai-Chinese rail project, according to a source at the Transport Ministry. The source said the Chinese government, through its embassy in Thailand, has written to inform the […]
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Yangon provides timeline, details of new projects The Yangon Region Government will this year commence development of several new projects including the construction of two new townships and a Special Economic Zone (SEZ) in Yangon under the city’s Urban Development Master Plan. Among the projects slated for 2018 are two new townships – Kyee Myin […]
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Give renewable energy a chance The Minister of Energy announced this week the government will stop purchasing electricity from renewable power projects for the next five years. The reasoning is that such projects have caused retail electricity tariffs to jump by 20-25 satangs per unit, and that the electricity system has enough installed capacity for […]
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International hotel chains moving into Sihanoukville The arrival of international hotel chains could end the coastal city’s chronic shortage of rooms and further its development as Cambodia’s premier beach destination. International hotel chains have identified a flood tide of tourism that is poised to finally put the coastal city of Sihanoukville on the map and […]
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Phuket airport to get new pier as five ferry routes open on Southern coast The Harbour Department will build a new pier near Phuket airport and open five ferry routes linking Phuket, Krabi and Phang Nga, the department chief said on Thursday. Jirut Wisaljit, director-general of the Harbour Department, said the new port and the […]
Continue ReadingMCOT unveils ambitions for Bangkok, Chumphon properties MCOT said on Tuesday it would proceed with a public-private partnership (PPP) venture on its properties in the next quarter. MCOT plans PPP projects representing long-term investments in Bangkok, on 70 rai near the Thailand Cultural Centre and 60 rai in Bang Pai district. MCOT Plc president Kematat […]
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Cambodia’s Kampot ferry construction delayed Construction on a new tourist ferry port located about 6 kilometres from the provincial capital in Kampot province has been delayed, although a Tourism Ministry spokesman promised that construction would begin before the end of this year. The $10 million port, funded by a loan from the Asian Development Bank […]
Continue ReadingThai cabinet approves second high-speed railway project Eastern Economic Corridor and to link three main international airports Thai cabinet on Tuesday approved the second high-speed railway project, a flagship infrastructure plan to support the country’s Eastern Economic Corridor and to link three main international airports. Nattaporn Jatusripitak, an adviser of minister attached to the Prime […]
Continue ReadingThailand, Myanmar to open Friendship Bridge 2 in May 2018 The Thailand-Myanmar Friendship Bridge 2 is expected to open in May to facilitate cross-border transport of goods over the Thaungyin River in Myawady, Kayin State, Deputy Minister for Construction U Kyaw Lin said. U Kyaw Lin told the Pyidaungsu Hluttaw (parliament) on Monday that Thailand […]
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