Myanmar Opens Up SEZ Project to International Companies

Myanmar is allowing international investors to bid for a mammoth project to develop a special economic zone in its southernmost region following the withdrawal of the sole developer, a Thai company, which had been unable to secure partners for the venture, an official said Monday. Chairman of the Management Committee of Dawei SEZ Han Sein […]

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Thailand's Private sector eagerly awaiting Bt2 trillion investment

A Thai construction company is entering a joint venture with a Chinese firm to bid for the construction of dual rail tracks under the government’s mega infrastructure plans, tentatively scheduled to kick off next year. Pasit Leesakul, director of TRC Construction Co, said the private sector is anxiously waiting for the launch of the development […]

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Thailand’s Private sector eagerly awaiting Bt2 trillion investment

A Thai construction company is entering a joint venture with a Chinese firm to bid for the construction of dual rail tracks under the government’s mega infrastructure plans, tentatively scheduled to kick off next year. Pasit Leesakul, director of TRC Construction Co, said the private sector is anxiously waiting for the launch of the development […]

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Thailand to liberalize onshore natural gas distribution by mid-2014

The onshore distribution of natural gas in Thailand will be liberalized by mid-2014, the country’s Energy Regulatory Commission said Friday. A new regulation being finalized will enable third-party distribution of gas in Thailand, which is currently under the sole distribution of state-controlled PTT, the ERC said. The ERC is an independent body whose regulations do […]

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Burma Turns to Japan, Thailand to Kick-start Stalled Dawei Project

Burma is set to wrest control of its Dawei industrial complex from a Thai company, Italian Thai Development (ITD), over its failure to attract investors to a strategically located, multi-billion dollar project tipped as a game-changer for regional trade. According to two sources involved in the Dawei Special Economic Zone (SEZ), plans have been overhauled […]

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Mozambique picks Thai firm to build coal railway, port

Mozambique has picked a Thai construction firm as the preferred developer of a $3 billion railway and port project to boost coal exports, a senior government official told Reuters. Bangkok-based Italian-Thai Development Pcl will construct the 525 km (325 mile) rail line from Tete province to Macuse in Mozambique’s Zambezia province and a port able […]

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Locals Won't Be Missing 'Bangkok Stonehenge';the remnants of Hopewell Project

There is no doubt that, if left to stand for the next thousand years, the yet-unborn generations of Thais would be debating the possible purpose of hundreds of concrete pillars that lined the stretch of railroad in northern Bangkok. For the moment, though, the towering concrete slabs – appropriately nicknamed by many as ′Bangkok Stonehenge′ […]

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Locals Won’t Be Missing ‘Bangkok Stonehenge’;the remnants of Hopewell Project

There is no doubt that, if left to stand for the next thousand years, the yet-unborn generations of Thais would be debating the possible purpose of hundreds of concrete pillars that lined the stretch of railroad in northern Bangkok. For the moment, though, the towering concrete slabs – appropriately nicknamed by many as ′Bangkok Stonehenge′ […]

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