Category: Construction News

Xinjiang Goldwind Science & Technology (HKG:2208) leads Bloomberg New Energy Finance’s (BNEF) annual rankings of onshore wind turbine makers with 7.8 GW of capacity commissioned in 2015. This is the first time a Chinese company has ranked number one in the chart. Denmark’s Vestas Wind Systems A/S (CPH:VWS) came in second with 7.3 GW commissioned, […]

Minor Hotel Group has formed a 50/50 joint venture with Indonesia-based PT Wijaya Karya Realty to build a USD 41.4 million resort due to open in 2019. The new-build Anantara Ubud will offer 70 units including suites and pool villas, restaurants, a bar and pool lounge. In addition, 30 Anantara branded residences will be developed […]

AccorHotels’ opened its, Novotel Samui Resort Chaweng Beach Kandaburi, earlier this month, as the group plans expansion at more Thai beach resorts. The first Novotel on Samui island, the property is located on Chaweng Beach, a five-minute transfer by local bus to the bay’s shopping and nightlife strip and a 10- minute transfer from Samui […]

Billed as Thailand’s first hybrid retail store, the Siam Discovery shopping centre will reopen in the second quarter of this year, sub-branded ‘the Exploratorium’. The much anticipated Siam Discovery reopening will introduce what Siam Piwat CEO Chadatip Chutrakul describes as a “a revolutionary new retail concept”. “Our role as a retailer has advanced to another […]

The vast 279-rai plot owned by the State Railway of Thailand (SRT) and located behind PTT’s head office in Chatuchak district is expected to emerge as a promising location for mixed-use development. However, developers and investors said the leasehold period, traffic and mass-transit systems to support a large number of people working or living in […]

On 18 February 2016 Ikano and Central Pattana representatives broke ground at the site for Thailand’s second IKEA second store in West Bangkok. The site is in Bangyai, to be fully integrated into Central Plaza Westgate shopping centre with wide open entrances at all levels of the mall and direct link to the upcoming MRT […]

The British Embassy Bangkok and Thailand’s State Enterprise Policy Office (SEPO) are working together to promote the Construction Sector Transparency (CoST) Initiative. CoST is an international initiative aimed at making the processes involved in the construction of public infrastructure more transparent. The idea is that the public must be armed with the information needed to […]

Thai solar power company SPCG Pcl (MAI:SPCG) saw its 2015 net profit jump to THB 2.47 billion (USD 69m/EUR 62m), up by 30% year-on-year. SPCG currently operates 36 solar farms in Thailand, totaling 260 MW of capacity. Not all of them were fully operational in 2014 so electricity sales were lower and, in turn, profitability […]