Thailand’s largest construction firm, Italian-Thai Development Pcl ITD.BK, is in talks with new investors to replace Max Myanmar Group in the $50 billion Dawei project in Myanmar, an Italian-Thai unit said on Friday. Zaw Zaw, Max Myanmar’s owner, told Reuters this week his group would gradually withdraw from the port and industrial complex, adding to […]
Continue ReadingThe Transport Ministry is set to resume the construction of the suburban section of the Red Line electric train line, after almost 2 years of suspension. Transport Minister Charupong Ruangsuwan said on Tuesday that the weekly Cabinet meeting has approved a budget of 29.82 billion baht for the construction of the Bangsue-Rangsit Red Line railway […]
Continue ReadingUnder the terms of the contract, valued at approximately Baht 1.24 Billion, Pre-Built is responsible for delivery of all the structure, architectural, mechanical, electrical and plumbing works. Construction for the two-tower complex has already started and is expected to be finished by mid- 2014. Pre-Built PCL is a listed company that has developed its reputation since […]
Continue ReadingThailand’s cabinet has approved a budget of 300 billion baht (10 billion US dollars) to hire Thai and foreign companies for the country’s water management and flood control projects, senior official said late Tuesday. The cabinet also approved the terms for hiring and will publicize the information to attract bidders. Foreign companies would be invited […]
Continue ReadingMax Myanmar, the main local partner in the Dawei deep-sea port and industrial complex in southern Burma said on Wednesday that he was pulling out of the project, according to a report by The Bangkok Post. The news added to doubts about the viability of the project, which is led by Italian-Thai Development Plc (ITD), […]
Continue ReadingNew project from Jatujak Green group High Traffic Media Co, the operator of Jatujak Green mall, will co-invest with a Scandinavian private fund to develop a 220-million-baht community mall in Phuket by the end of the year. Managing director Sakda Oudarasak said the Phuket community mall would be the second commercial venture with the Scandinavian […]
Continue ReadingIn a dusty gorge deep in landlocked Laos, work is underway on a project that could change South-East Asia forever. Despite the protests of countries downstream and the warnings of scientists, a construction company has begun building the first dam across the lower reaches of one of the world’s great rivers. Officially the Lao government […]
Continue ReadingIn a dusty gorge deep in landlocked Laos, work is underway on a project that could change South-East Asia forever. Despite the protests of countries downstream and the warnings of scientists, a construction company has begun building the first dam across the lower reaches of one of the world’s great rivers. Officially the Lao government […]
Continue ReadingResidents oppose construction of the third phase of the Laem Chabang deep-sea port, demand a halt in the project The move comes after the Transport Ministry proposed a 120-billion-baht (US$ 3.7-billion) project over seven years to expand the busy Chon Buri port. The port has undergone two development phases, and Transport Minister Jarupong Ruangsuwan is calling for […]
Continue ReadingThrough its wholly-owned subsidiary Lincoln Composites, Hexagon Composites has been awarded a new contract to supply 55 lightweight TITAN transport modules to SC Group in Thailand. This represents the largest single TITAN contract to date for Hexagon Composites worldwide. SC Group is one of the leading providers of integrated logistics services in Thailand. The Thai […]
Continue Reading