Visual from Sembcorp website The International Finance Corporation (IFC) is planning to invest $40 million in 225 megawatt combined cycle gas turbine power plant at Mandalay. The investment will be in form of debt financing for the power plant, which will be built by a consortium of companies including, the Singapore-based Sembcorp Utilities Pte Ltd […]
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Transport Minister Arkhom Termpittayapaisith has told State Railway of Thailand (SRT) executives to speed up the controversial procurement of seven new trains for the Airport Rail Link by 2018. Two trains sit at a maintenance depot of SRT Electrified Train Co (SRTET), which runs the Airport Rail Link, in Soi Soonvijai on New Phetchaburi Road. Patipat […]
Continue ReadingPrime Minister Prayut Chan-o-cha on Tuesday dismissed the latest round of rumours that the government plans to dig a canal across the Kra Isthmus. He was responding to a report by China’s state broadcaster CCTV that said China was considering a proposal from the Thai government to develop the canal from the Gulf of Thailand […]
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Cambodian Deputy Prime Minister and Foreign Minister Hor Namhong (R) shake hands with Somsavat Lengsavad, Lao Deputy Prime Minister in charge of economic affairs, in Phnom Penh on Tuesday. Xinhua/Sovannara Lao Deputy Prime Minister Somsavat Lengsavad agreed yesterday to take a closer look at the potential impact of the contentious Don Sahong Dam project just […]
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Laos will need to build four new international airports as the existing four at Wattay, Luang Prabang, Savan and Pakse will be unable to accommodate growing air transport in the coming decades, a minister told the Cabinet. Minister of Public Works and Transport Dr Bounchanh Sinthavong told the recent meeting between the government cabinet, Vientiane […]
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Some of the recovered machinery and equipment stolen from the Anyanee (Hua Wa) Co’s solar pl;ant, at Si Maho Phot police station in Prachinburi on Monday morning, along with one of the crane trucks. (Photo by Manit Sanubboon) PRACHIN BURI – Police have tracked down two crane trucks used by a gang to strip a […]
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Aerial view of the construction of a huge drainage tunnel under Bang Sue canal that is due to be completed in August next year at a cost of 2.44 billion baht. (Bangkok Post file photo) The Bangkok Metropolitan Administration will go ahead with a plan to build a giant flood drainage tunnel from Don Muang […]
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Thailand’s private and public sectors are estimated to spend 690 billion baht ($19.4 billion) over the next three to five years on expanding capacity of petroleum, electricity and renewables to secure energy supplies, a senior official at energy ministry said on Thursday. About 342 billion baht will be used for petroleum development, including expanding […]
Continue ReadingSupported by international investors continuing to diversify their real estate portfolios, Asia Pacific has recorded a steady flow of international capital, with investment turnover increasing by 9% year on year to US$13 billion in the first half of 2015 according to real estate advisory company CBRE’s latest Asia Pacific Investment Guide. Richard Kirke, Managing Director, […]
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SET-listed property developer Land and Houses Plc (LH) plans to spend 14 billion baht to build Terminal 21 shopping centres in Pattaya and Phuket. The investment value of the two shopping malls is estimated at 7 billion baht each, compared with the 3-billion-baht price tag of the first Terminal 21 in Bangkok, LH chairman Anant […]
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