Firm says investment will save govt B70bn BTS Group Holdings Plc has proposed a plan to invest in the Khon Kaen-Laem Chabang dual-track railway. It says its investment could save the state budget 70 billion baht. The plan was unveiled as BTS chairman Keeree Kanjanapas met Transport Minister Prajin Juntong on Friday. Citing the plan, […]
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Luxury real estate developer Raimon Land PCL celebrated the topping-off of its Unixx South Pattaya residential project at a special press event held on May 20, with completion scheduled for late 2015. Developed as a weekend getaway for both Thais from Bangkok and international buyers looking for well-priced sea view freehold condominium property, Unixx South […]
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The rail canal would be able to cut 2,000km and two days off the shipping route through the Strait of Malacca. South Korea will propose a US$4.8-billion (S$6.5 b) “rail canal” project for Thailand’s consideration, aiming to provide a new trade lane via this country’s land bridge. The project would entail the new concept of […]
Continue Reading(MENAFN – Gulf Times) Countries of the Association of Southeast Asian Nations (Asean) are taking steps to extend leasehold periods granted for foreign individual or companies for land in a bid to boost investment. The Thai government recently approved 99-year leases for state land for industrial and commercial use to speed up the development of […]
Continue ReadingBANGKOK, 4 June 2015 (NNT) – PTT Plc is set for the construction of the natural gas floating storage unit to strengthen the stability of the natural gas system, according to the PTT CEO. The President and CEO of PTT Plc Pailin Chuchottaworn has revealed that the company is planning to construct two Floating Storage […]
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Motorists and commuters who use Phahon Yothin Road are bracing for a traffic nightmare when two flyovers will be cleared for the construction of a mass transit line from Mor Chit to Khu Khot in Pathum Thani province. Construction firms have been given the nod from the Mass Rapid Transit Authority of Thailand (MRTA) to […]
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Yet another deal has been signed to turn the U-Tapao Naval Airbase into an actual international airport, able to handle 800,000 passengers by next year. (Bangkok Post file photo) The Transport Ministry and the navy have clinched a deal to develop U-tapao airport in Rayong for commercial purposes. The memorandum of cooperation (MoC) was signed by Transport […]
Continue ReadingA garage owner digging a deep well in a fruitless search for water has instead struck gas on his land in Tak’s Mae Sot district, near the Myanmar border. Sanya Sanyasiri, 41, was shocked when steam began erupting from the 70 metre-deep hole, along with a smell reminiscent of gas. Mr Sanya, owner of Sanyasiri […]
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JV firm targets B3bn building jobs locally Israeli construction company Danya Cebus Group is focused on Southeast Asia following its joint venture with SET-listed developer Major Development Plc (MJD). They set up TMDC Construction Co in Thailand late last year, which targets having at least three construction jobs in Bangkok totalling more than 3 billion baht […]
Continue ReadingTHE LAWYERS COUNCIL of Thailand has dispatched a team to follow up on the progress of the Electricity Generating Authority of Thailand (Egat) in responding to Supreme Court-ordered measures at its controversial lignite-fuelled power plant in Lampang’s Mae Mo district. The team initially found that Egat had paid compensation to 131 affected villagers and established […]
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