Bridgestone has unveiled its plan to build a new US$497 million plant for production of radial tires for passenger cars in Dinh Vu Industrial Zone (IZ) in the northern city of Hai Phong. The plant is expected to be operational in the first half of 2014 and reach full production capacity of around 24,700 tyres […]
Continue ReadingDespite the high price tag, the plan will be worthwhile Although a proposed initiative to construct a 100-kilometre tunnel to prevent future flooding in and around the capital will carry a hefty price tag, it is worth the cost, say underground tunnelling system analysts. ‘Tha‘iland has a few options. No major city relies solely on […]
Continue ReadingRepresentatives from Cambodia and Thailand yesterday agreed to a 2013 completion date for a railway link from Phnom Penh across the Cambodia-Thailand border crossing at Poipet. Outdated agreements had delayed the project, Thai officials said. Insiders have also said disagreements over cross-border trade have kept the Thai side from full commitment. Cambodian delegate Vasim Sorya […]
Continue ReadingConergy Group, a leading producer of solar cells, expects sales volume in Thailand to more than double to 40 megawatts next year from 17.8 MW now. “Thailand has potential for solar farm business over the next several years, and the government is also planning to introduce home-roof solar panels for the household sector,” said Alexander […]
Continue ReadingAs a result of the earthquake and subsequent tsunami in Japan, and the ongoing flooding in Thailand, many U.S. companies have filed or are considering filing contingent business interruption claims against their property insurers. “Both Japan and Thailand have a significant number of suppliers for various industries, particularly automotive and semiconductors, which is resulting in […]
Continue ReadingMitsubishi Heavy Industries Ltd (MHI) has received a full-turnkey order for a project to build a 1,600 megawatt (MW) gas turbine combined-cycle (GTCC) power generation plant from Gulf JP NS Company, Limited (GNS) in Thailand, a wholly owned subsidiary of Gulf JP Company Limited which is 90% owned by a local subsidiary of Electric Power […]
Continue ReadingItalian-Thai Development expects to allot 40,000 rai of industrial land in Burma’s Dawei project next year, with plans calling for a 300-billion-baht steel mill, says ITD president Premchai Karnasuta. The industrial estate will also comprise a fertiliser factory and petrochemical refineries. The basic infrastructure for industrial use is expected to be completed and ready to […]
Continue ReadingItalian-Thai Development expects to allot 40,000 rai of industrial land in Burma’s Dawei project next year, with plans calling for a 300-billion-baht steel mill, says ITD president Premchai Karnasuta. The industrial estate will also comprise a fertiliser factory and petrochemical refineries. The basic infrastructure for industrial use is expected to be completed and ready to […]
Continue ReadingBest Condo Development for Phuket Goes to Staffan Nordstrand’s Mandala Condominiums On December 6th 2011, thirty months after the actual beginning of the project Mandala in Bang Tao, it was finally recognised by the Thanachart Bank Thailand Property Awards for its Mandala Condominiums as the Best Condo Development on Phuket. Its initiator, builder and entrepreneur […]
Continue ReadingConstruction of the 100-kilometre “MUSTS” channel is crucial to saving Bangkok from future floods, the Engineering Institute of Thailand (EIT) reiterated yesterday. “It stands for Multi-Service Flood Tunnel System. But also, I want to say that it’s a ‘must’ here,” said Suchatchavee Suwansawas, chairman of the Thailand Underground & Tunnelling Group (TUTG) of the EIT, […]
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