Thailand‘s cabinet has given green signal to a state-owned Company to invest around $650 million in a third-generation mobile-phone network project. Chuti Krairiksh, who is the Information and Communication Technology Minister, said that as per the approval, TOT PCL will now be able to start its construction of 3G network. Chuti further said that the […]
Continue ReadingDawai port project set to start Thailand continues to get more serious about the Dawei deep-sea port project as the Strait of Malacca – which it uses for import and export of goods – has a growing problem with shipping traffic jams. If completed, the project would reduce logistical and labour costs for the Kingdom […]
Continue ReadingThe small developer Apollo Asset Co plans to launch a low-rise condominium project worth 400 million baht on Sukhumvit Soi 31 using lower land costs and a smaller-scale project to compete in the heated condominium market. Managing director Vorathep Srikuruwal said the company would offer unit prices of about 90,000 baht a square metre on […]
Continue ReadingTarget now young professional buyers Magnolia Quality Development Corporation Ltd is scaling down to smaller condominium units to make the prices more affordable to younger buyers. Managing director Visit Malaisirirat said unit sizes at the new Whizdom @ Punnawithi Station would start at 34 square metres while those at its previous project next door started […]
Continue ReadingSouth Korea‘s top carmaker Hyundai Motor confirmed Monday it will bid for a troubled construction firm, setting the stage for a bidding war with its former parent Hyundai Group. Hyundai Motor said in a statement it would seek a major stake in Hyundai Engineering and Construction to strengthen its “future business opportunities and diversify its […]
Continue ReadingSouth Korea‘s top carmaker Hyundai Motor confirmed Monday it will bid for a troubled construction firm, setting the stage for a bidding war with its former parent Hyundai Group. Hyundai Motor said in a statement it would seek a major stake in Hyundai Engineering and Construction to strengthen its “future business opportunities and diversify its […]
Continue ReadingEnergy, water, health care the main focus General Electric (GE), the world’s leading industrial conglomerate, is eyeing more investments in energy, water and health care businesses in Thailand as it aims to increase Asean revenue by two to three times the regional economic growth in five years. The Thai government’s priorities in infrastructure investments fit […]
Continue ReadingAoT injects 60bn THB into Suvarnabhumi expansion project BANGKOK, 29 September 2010 – The Airports of Thailand (AoT) is eyeing to expand the capacity of the passenger terminal at Suvarnabhumi International Airport with a 60-billion-THB budget. The project is expected to be completed in 2016.
Continue ReadingBANGKOK, 28 September 2010 – The Deputy Finance Minister reveals today that the Japanese government is willing to provide financial support to the MRT Purple line and the Chao Phraya bridge construction projects with a total investment fund of more than 8,600 million baht. Mr. Pradit Phataraprasit, the Deputy Finance Minister, has disclosed early today […]
Continue ReadingThailand‘s Ministry of Finance said Tuesday (28.09.2010) it has signed a Y23.95 billion loan agreement with Japan International Cooperation Agency to finance the construction of a bridge and an urban electric rail project.
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