Several areas in Bangkok and provincial towns are already experiencing a glut housing due to rapid growth during the past few years. Making matters worse is the surge in speculation, seldom reported, but constantly active beneath the surface. At the same time, a shortage of contractors and construction workers are posing problems for developers. Clearly, […]
Continue ReadingGetting to Koh Phangan will be a lot easier once the home of the world-renowned full-moon party is directly connected by air for the first time. Construction of the first airport on Thailand’s fifth-largest island is gearing up, with entrepreneur Somphong Sooksanguan setting his sights on opening the facility by this time next year. After […]
Continue ReadingMASS Rapid Transit Authority of Thailand (MRTA), which owns Bangkok’s metro network, has approved construction of the 21.6km Brown Line for an estimated Baht 45bn ($US 1.45bn). The route will be developed as a monorail and will include 22 stations, running from Kae Rai via Ngam Wong Wan Road and Kaset-Navamin Road to Lam Salee. […]
Continue ReadingMor Chit bus terminal must be moved from its current location in Chatuchak district within the next year to make way for construction of a depot for the Red Line mass transit system, Office of Transport and Traffic Policy and Planning director-general Chula Sukmanop said on Thursday. The State Railway of Thailand (SRT) has already […]
Continue ReadingAdvancing Asia’s Energy Future2-4 October 2013IMPACT Exhibition & Convention CentreBangkok, Thailand As one of Mr. Soonchai Kumnoonsate’s first speaking engagements as Governor of the Electricity Generating Authority of Thailand, this will represent a great opportunity to hear from the newly appointed Mr. Kumnoonsate, and becomes the 4th EGAT Governor associated with the POWER-GEN Asia Conference […]
Continue ReadingSweett Group, the international construction and property consultancy, is pleased to announce the merger of the operations of Boulter Stewart Ltd into Sweett Group’s Thailand business with effect from 26(th) August 2013. Boulter Stewart Ltd is a leading quantity surveying consultancy based in Bangkok and delivering quantity surveying, contract administration, project financial services, due diligence […]
Continue ReadingLong-term Service Agreement Also Signed Mitsubishi Heavy Industries, Ltd. (MHI) has received a full-turnkey order for the construction of a 977MW (megawatt) gas turbine combined cycle (GTCC) power generation plant from Khanom Electricity Generating Co., Ltd. (KEGCO), an independent power producer (IPP) in Thailand. The plant is to comprise of two trains of a 488.5MW […]
Continue ReadingTransport Minister Chadchart Sittipunt is confident that the construction of the Bangkok – Ubon Ratchathani dual-track railway will be finished within 7 years, after which the people’s quality of life will be improved. The comment came after Mr. Chadchart boarded a 3rd class diesel train in Bangkok bound for Surin province in a fact-finding mission […]
Continue ReadingThe number of hotel rooms in Bangkok grew 12.1% year-on-year with the completion of six new hotels in the first half of 2013, lifting the total to 37,500 in downtown Bangkok, according to the latest survey by CBRE Thailand, a leading international property consultant. CBRE estimated the would be an 4,400 additional keys by the […]
Continue ReadingMyanmar has picked South Korea’s state-run airport operator to build a new international hub near it’s main city, as the once-isolated nation sees booming tourist and business visitor numbers. A consortium led by the Incheon International Airport Corp (IIAC) was chosen as the preferred bidder to construct the Hanthawaddy International Airport as a second hub […]
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