A&O, Bakers tie up financing for Thai power plant project

Allen & Overy (A&O) and Baker & McKenzie have advised on the financing for the first large independent power producer project in Thailand to close since the global financial crash. According to A&O, the $1.18bn (£760m) project financing for the 1,600MW, combined-cycle, natural gas-fired power plant in the Nong Saeng district (around 100km north of […]

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New round of independent power plants to focus on coal in Thailand

The government plans to open bids for an independent power producer programme, possibly in the coming year. Energy Minister Pichai Naripthaphan said the new round would give a particular focus to coal-fired power plants because the country is too dependent on natural gas, which accounts for more than 70% of power generation. The appropriate number […]

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Malaysia's New engineering measurement standards to improve project delivery, say players

Industry players believe that the introduction of the ‘Malaysian Civil Engineering Standard Method of Measurement’ by the Construction Industry Development Board (CIDB) will improve project delivery. Quantity surveyor MCM Value Sdn Bhd’s (MCM Value) president Mohd Mazlan Che Mat said the document – set at almost to the international standard – would guide the construction […]

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Malaysia’s New engineering measurement standards to improve project delivery, say players

Industry players believe that the introduction of the ‘Malaysian Civil Engineering Standard Method of Measurement’ by the Construction Industry Development Board (CIDB) will improve project delivery. Quantity surveyor MCM Value Sdn Bhd’s (MCM Value) president Mohd Mazlan Che Mat said the document – set at almost to the international standard – would guide the construction […]

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Vietnam building second terminal at Hanoi airport

Vietnam has begun construction of a second terminal to ease overcrowding at the only airport in the nation’s capital, the government said. Officials held a ceremony at the Noi Bai airport on Sunday to break ground on the four-storey facility which is being funded by more than 75 billion yen ($961 million) in Japanese aid, […]

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Erawan pursues five-year plan to develop 14 hotels in Thailand

Undeterred by the recent |flood disaster, the Erawan Group is sticking with its five-year business plan to develop 14 hotels with a total of 2,800 rooms and seek to acquire properties, as well as prepare for expansion abroad as the Asean Economic Community (AEC) nears implementation in 2015. The group has just reviewed its 2011-15 […]

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