By The Nation The Cabinet today approved the financial measure to promote the Thai construction industry’s overseas investment, with the Bt1 billion budget to reduce costs related to bank guarantees. Watchara Kannikar, deputy government spokesman, said the Export and Import Bank of Thailand is assigned to work with the Budget Bureau for the implementation. “(In […]
Continue ReadingEOC Limited has secured a sizeable pipelay and platform installation contract from new clients – Chevron Offshore (Thailand) Limited, Chevron Thailand Exploration and Production, Ltd and Chevron Pattani, Ltd – which are subsidiaries of Chevron Corporation, one of the world’s leading integrated energy companies. The scope of work under the contract includes the installation of […]
Continue Reading
Bangkok pedestrians are bound to enjoy greater convenience and increased safety, as Bangkok Metropolitan Administration (BMA) has vowed to spend Bt15billion on creating the Super Skywalk System or the 50km of clutterfree elevated walkspace. The construction is scheduled for completion within four years. “It will make Bangkok residents move around more conveniently in crowded areas,” […]
Continue Reading Bangkok pedestrians are bound to enjoy greater convenience and increased safety, as Bangkok Metropolitan Administration (BMA) has vowed to spend Bt15billion on creating the Super Skywalk System or the 50km of clutterfree elevated walkspace. The construction is scheduled for completion within four years. “It will make Bangkok residents move around more conveniently in crowded areas,” […]
Continue ReadingMarubeni Corp., a Japanese trading company, and Vietnam National Coal-Mineral Industries Group are in talks about building a coal-fired power station in Vietnam, a Marubeni spokesman Yo Nomura said. He declined to comment on a Nikkei newspaper report today that said the station will cost $2 billion dollars and will be the nation’s biggest with […]
Continue ReadingSiemens Thailand Receives Two Major Orders Siemens Energy has been awarded contracts from Thailand for a total of 16 SGT-800 industrial gas turbines for combined cycle cogeneration plant under Thailand´s Small Power Producer program. For the end customer Gulf JP, an independent power producer headquartered in Bangkok, Siemens will supply via EPC contractor Toyo Engineering […]
Continue ReadingSeadrill secures new contract for tender rig in Thailand Seadrill has agreed a new three-year contract with Chevron Thailand Exploration and Production offshore Thailand for the tender rig T12 with a two- year option period. Estimated contract value is approximately US$132 million, and commencement of the assignment is scheduled for the second quarter this year, in […]
Continue ReadingHere are some facts to ponder. Over the next 10 years, Bangkok, Manila and Kuala Lumpur will spend billions of dollars to expand and enhance their existing mass rapid transit systems. Each city has a comprehensive plan to improve their public transportation systems to cope with growth and ensure that they do not become gridlocked. […]
Continue ReadingSET-listed Loxley Plc, one of Thailand’s oldest and biggest trading conglomerates, is making its return to Burma after an absence of several years by studying the opportunities to invest in the massive Dawei development project. Jingjai Hanchanlash, an adviser to the company, said a team would visit Burma next month to look at project feasibility […]
Continue ReadingTHE NATION The Mass Rapid Transit Authority (MRTA) yesterday signed seven contracts for the Blue Line MRT extension with bid winners and urged them to finish construction ahead of schedule. Five of the deals were civil-work contracts. Italian-Thai Development won the first, to design and build the 2.8-kilometre underground route from Hua Lamphong to Sanam […]
Continue Reading