Thai group interested in building railroad in Mozambique

Thai group Italthai Engineering is the best positioned group to be awarded the international tender launched by Mozambique for construction of a railroad between Moatize, in Tete province and Macuse on the coast of Zambézia province, according to a report from Mozambican news agency AIM. AIM, which cites Mozambican weekly newspaper Savana, said that as […]

Continue Reading

Build it and they might come – A planned Thai mega-project in Myanmar runs into difficulty

THE Burmese city of Dawei lies 350 kilometres (220 miles) west of the Thai capital, Bangkok. The two are separated by a stretch of mountainous jungle and have never been connected. But over the past five years, Thailand’s biggest construction company, ItalianThai, has cut a swathe through the jungle which, once paved, will cost roughly […]

Continue Reading

Hansar plots Thai expansion – New boutique properties planned for Khao Yai and Gulf coast

The hotel management company, which currently operates two luxury properties in Bangkok and Koh Samui, has announced plans to launch a further three hotels in Thailand over the next 18 months. Joining the Hansar portfolio in the fourth quarter of this year will be two new boutique hotels – the 24-room Hansar Pranburi, in Thailand’s […]

Continue Reading

Yangon office space 'more costly than Manhattan'

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

Continue Reading

Yangon office space ‘more costly than Manhattan’

Sean Danley has spent the past six months scouting office space in Yangon after being sent to establish the Myanmar branch of his US-based employer. He looked in the city’s three sole 1990s-era towers, where annual rents have climbed to more than US$100 (3,100 baht) a square foot, compared with less than $75 in downtown […]

Continue Reading

Thai firms sign MoU for Myanmar power plant

The Myanmar electric power authorities have signed a memorandum of understanding (MoU) with two foreign companies, GMS Power Publish Co Ltd and Global Power Synergy Co Ltd of Thailand. The MoU aims at conducting feasibility study for establishment of combined cycle power plant project in Ayeyawady and Yangon Regions, official media reported Saturday. The cycle […]

Continue Reading

NGK to boost spark plug production – plans to construct in Amata Nakorn

NGK Spark Plug is to build a factory in Thailand to make parts for use in cars and motorcycles. The company plans to construct the US$30m plant in the Amata Nakorn industrial park in the eastern part of the country. A 120,000 sq m site has been acquired for the facility, which is slated to […]

Continue Reading
Page 634 of 789
1 631 632 633 634 635 636 637 789