Move to extend lease period in Thailand expected to stir interest of foreigners

Move to extend lease period in Thailand expected to stir interest of foreigners The move to revise the leasehold act and extend the lease period from 30 years to 50 years will be good for developers who offer residential homes to foreigners, both in Bangkok and at tourist destinations, property experts said. “This act will […]

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Seli breaks through tunnel at Laos’ 410-MW Xe-Pian Xe-Namnoy hydroelectric plant

Seli breaks through tunnel at Laos’ 410-MW Xe-Pian Xe-Namnoy hydroelectric plant Italian firm Seli Overseas has reached a significant milestone at Laos’ 410-MW Xe-Pian Xe-Namnoy hydroelectric plant with the completion of the project’s headrace tunnel. The tunnel is 11.4 kilometers long and 5.84 meters in diameter, Seli said, and completed three months ahead of the […]

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B.Grimm Power allots B1.8bn for Laos – 8 hydropower plants planned in country

B.Grimm Power allots B1.8bn for Laos – 8 hydropower plants planned in country Champasak, Laos: B.Grimm Power Co, a unit of B.Grimm Group, plans to invest 17 billion baht in 2017-18, including for the development of hydropower in neighbouring Laos. Of the total, around 1.8 billion baht is for the development of eight hydropower plants […]

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B Grimm Power signs MoU for power line in Cambodia

B Grimm Power signs MoU for power line in Cambodia B GRIMM Power recently signed a memorandum of understanding with Poipet PP SEZ Co, one of the largest industrial-estate operators in Cambodia, to develop a power-transmission line at its industrial park in the western city of Poipet. This will be the company’s starting point in […]

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Laos, Vietnam speed up plans for Vientiane-Hanoi expressway

Laos, Vietnam speed up plans for Vientiane-Hanoi expressway Laos and Vietnam have agreed to take the next steps to start construction of an expressway linking the capitals of Vientiane and Hanoi this year. The agreement was reached at a bilateral meeting held in Hanoi on Tuesday between Laos’ Ministry of Public Works and Transport and […]

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Chinese company signs agreement to build hydropower plant in Laos

Chinese company signs agreement to build hydropower plant in Laos China’s Hebei Construction and Investment Group Co Ltd (HCIG) on Friday signed an agreement with Lao Ministry of Planning and Investment on the development of a hydropower plant in Lao southern Sekong province. Lao Deputy Minister of Planning and Investment Khamlien Pholsena, Vice-General Manager of […]

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Work progresses on Vientiane airport

Work progresses on Vientiane airport Vientiane airport’s expansion project is progressing as scheduled with officials saying it should be completed by early 2018. So far, construction teams have completed 11% of the work. Vientiane Times quoted the project update released by the Embassy of Japan to Laos and the Japan International Cooperation Agency (JICA). Supported […]

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