Gunkul Engineering Plc has projected 60% year-on-year revenue growth to 4.3 billion baht this year on strong equipment sales and new revenue from solar-farm business. For 2013, the power engineering company aims to increase revenue by 20%, said managing director Sopacha Dhumrongpiyawut yesterday. She said electrical equipment trading, Gunkul’s core business, has grown fast in […]
Continue ReadingBangkok’s rapidly expanding Skytrain will add another 464 km of transit routes in the future. A total of 28 construction projects are either in the planning stages, under construction, or have just been completed. The new routes will extend Skytrain’s coverage from central Bangkok to surrounding provinces, as well as link Bangkok’s airports. Three Skytrain […]
Continue ReadingBumrungrad International Hospital plans to invest Bt4.7 billion on developing its new hospital complex on New Phetchaburi Road in Bangkok to serve both Thai and foreign patients and cash in on the upcoming Asean Economic Community. The new branch will feature an eight-level complex. Construction will start in the beginning of next year and is […]
Continue ReadingThailand’s top electrical power transformer manufacturer, Tirathai Plc (TRT), is diversifying into steel structure manufacturing after expanding into the hydraulic derrick line truck business in June. The company’s board approved a plan on Monday to acquire 85% of L.D.S. Metal Work for 40 million baht. L.D.S. is a manufacturer of steel parts for transformers that […]
Continue ReadingThe Airports of Thailand Plc (AoT) board will select one of five construction companies vying for the 5-billion-baht contract including Italian-Thai Development Plc and Sino-Thai Engineering & Construction Plc. The contract award will signal the start of construction, which AoT is trying to reduce to 30 months from 36 months. The accelerated schedule is due […]
Continue ReadingSihasak Phuangketkaew, permanent secretary for foreign affairs, said he submitted a concept paper to Myanmar last week under the Thailand-Myanmar Memorandum of Understanding (MoU) on cooperation between the two neighbours on the Dawei project. The MoU was signed by Prime Minister Yingluck Shinawatra and Myanmar President Thein Sein in Thailand last month, Mr Sihasak said. […]
Continue ReadingSihasak Phuangketkaew, permanent secretary for foreign affairs, said he submitted a concept paper to Myanmar last week under the Thailand-Myanmar Memorandum of Understanding (MoU) on cooperation between the two neighbours on the Dawei project. The MoU was signed by Prime Minister Yingluck Shinawatra and Myanmar President Thein Sein in Thailand last month, Mr Sihasak said. […]
Continue ReadingConstruction cost consultancy firm will become part of Davis Langdon, an AECOM company, and expand AECOM’s footprint in Asia AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for public and private clients in more than 130 countries around the world, announced today that KPK, a construction cost, contract […]
Continue ReadingThe Xayaburi controversy has spread to Finland. Earlier this month, Finnish engineering company Pöyry Group issued a public statement denying any wrong-doing in its role in the Xayaburi Hydropower Project in Laos. The statement follows a June 2012 complaint to the Finnish government filed by 15 civil society groups, including International Rivers, alleging that Pöyry […]
Continue ReadingThailand-based Gunkul Engineering said it is increasing investment in renewable-energy plants and is expecting sales to more than double in the next three years. The power and engineering company will spend over TBH10bn ($318m) in 2013 on building and acquiring wind and solar power plants. Gunkul managing director, Sopacha Dhumrongpiyawut, told Bloomberg that the firm intends to […]
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