Thailand’s Transport Ministry’s outlines its projects for 2024 The Ministry of Transport has allocated 389.75 billion baht to fund transportation projects as part of the government’s plan to create a seamless transportation system in Thailand. Transport Minister Suriya Juangroongruangkit revealed on Tuesday (January 30) that the transportation projects for this year include 64 projects set […]
Continue Reading
GAC Aion Thailand factory officially started construction On January 31, GAC Aion officially announced the commencement of construction on its Thailand factory project, located in the Rayong Industrial Park in Rayong Province. This initiative marks GAC Aion’s first overseas production base, symbolizing a significant step in the company’s global expansion strategy. With a total investment […]
Continue Reading
SET-listed developer Land & Houses rejigs towards recurring income The tourism boom has the developer directing its investment to hotels in Thailand and the US SET-listed developer Land & Houses has reshaped its investment portfolio, amplifying its focus on recurring income properties, particularly hotels in Thailand and the US, while reducing investments in residential development. […]
Continue Reading
Bangkok’s Pink Line monorail to resume full service after repairs beginning of February 2024 The Pink Line monorail will resume full service from Min Buri to Nonthaburi Civic Center on Thursday after its operator repaired a conductor rail that collapsed last month. Inspecting the system on Tuesday, Deputy Transport Minister Surapong Piyachote said Pink Line […]
Continue Reading
Thailand’s hotel industry will add 10,000 rooms by 2024 BANGKOK – The Thai hotel industry is expected to grow by around 10,000 new rooms in 2024, according to Jasper Palmqvist, senior director for Asia Pacific at STR Global, a global provider of data, analytics, and marketing for the hospitality industry. Most of the new rooms […]
Continue Reading
Vietnam – China railway will connect tracks at Lao Cai from 2025 Vietnam Railway Administration (Ministry of Transport) said it is working with the China National Railway Administration to agree on a point to connect 1.435 mm standard gauge railway tracks between the two sides at Lao Cai, deployed from 2025. Accordingly, the two countries’ […]
Continue Reading
USD9.98 billion proposed for Ho Chi Minh City – Can Tho railway route CT Group has recommended raising USD9.98 billion to implement the HCM City-Can Tho railway project through a public-private partnerships (PPP). Under the group’s proposal sent to the government, the railway route would be 174 kilometres long and have 12 stations, running HCM […]
Continue Reading
Bangkok-Vientiane train to be reality by April Trial runs to start next month on final link to main station in Lao capital, says SRT The State Railway of Thailand plans to extend its Bangkok-Nong Khai train service to reach Vientiane in April. Trains would tentatively start operating from the Thanaleng station just across the border […]
Continue Reading
China urges faster progress in billion-dollar railway link to Thailand China and Thailand must accelerate the construction of a planned high-speed railway linking the countries, Chinese foreign minister Wang Yi said on Monday, pushing an ambitious Southeast Asian network. Wang did not spell out a time-frame, but the Thai government currently expects the 873-km (542-mile) […]
Continue Reading
More public-private projects in pipeline in Thailand Combined value of B100bn proposed Eight government investment projects worth a combined 100 billion baht will be developed this year under public-private partnerships (PPP), says Tibordee Wattanakul, director-general of the State Enterprise Policy Office (Sepo). He said Sepo is preparing to propose eight additional public-private joint venture projects […]
Continue Reading