The Thailand Underground and Tunnelling Group has suggested the government invest around 200 billion baht to build a 100km-long tunnel under the eastern section of the outer ring road to prevent future flooding in and around the capital. Suchatvee Suwansawat, TUTG chairman, yesterday said the proposed tunnel should be built from Bang Pa-in in Ayutthaya […]
Continue ReadingThe Asian Development Bank (ADB) has approved a loan of $309.89 million for a new 750 megawatt (MW) gas-fired power plant in Viet Nam that will provide critically needed electricity to the country’s energy-starved south. “Viet Nam’s power consumption has been growing 15% a year over the past decade, and will continue rising at a […]
Continue ReadingConstruction began on a US$3.7 billion lignite power plant that is to become Laos’ largest electricity generator upon startup in 2016. The Hongsa Power Co – a 40-40-20 joint venture among Thailand’s Banpu Power Ltd, Ratchburi Electricity Generating Holding Plc and Lao Holding State Enterprise – broke ground on the project last week, the Vientiane […]
Continue ReadingConstruction began on a US$3.7 billion lignite power plant that is to become Laos’ largest electricity generator upon startup in 2016. The Hongsa Power Co – a 40-40-20 joint venture among Thailand’s Banpu Power Ltd, Ratchburi Electricity Generating Holding Plc and Lao Holding State Enterprise – broke ground on the project last week, the Vientiane […]
Continue ReadingThe listed developer Grand Canal Land Plc (GLAND) aims to develop its megaproject at the Rama IX intersection as a new landmark for Bangkok with a 17.6-billion-baht mixed-use project. The 17.6-billion-baht mixed-use Grand Rama 9, comprising four main buildings, will open by year-end. Grand Rama 9 will offer a total usable area of 1.1 million […]
Continue ReadingTwo office buildings to be completed in 2014, 2015 – Sees growth potential in Thai insurance market AIA Group Ltd, Asia’s No.3 insurer, said on Tuesday it was investing 10.5 billion baht ($337 million) in Thailand through two large-scale real estate projects. The first real estate investment, the AIA Capital Center, is the company’s largest […]
Continue ReadingChief executive officer Plew Trivisvavet said yesterday that after all flood waters have been mopped up, old infrastructure such as roads would need to be repaired while new infrastructure, such as roads, buildings and flood-protection systems, would need to be constructed. The jobs will be divvied up among contractors in Thailand, including Ch Karnchang. Sufficient […]
Continue ReadingChief executive officer Plew Trivisvavet said yesterday that after all flood waters have been mopped up, old infrastructure such as roads would need to be repaired while new infrastructure, such as roads, buildings and flood-protection systems, would need to be constructed. The jobs will be divvied up among contractors in Thailand, including Ch Karnchang. Sufficient […]
Continue ReadingJapan’s Electric Power Development Co (J-Power) said on Monday it has obtained $1.184 billion in project financing for a gas combined cycle thermal power plant in Thailand and that it will start work on the 1,600 megawatts scheme by the end of this year. J-Power, which has developed overseas power generating projects in Thailand and […]
Continue ReadingHotels in Hat Yai, Pattaya lead the pack Malaysia-based Tune Hotels is marching ahead with its plan to operate 20 budget hotels in Thailand by 2015 despite the flood crisis. The first hotel will open in Hat Yai next month with 148 rooms, followed by Pattaya in February with 192 rooms. Two more hotels are […]
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