Laos News
Thai construction firm CH. Karnchang PLC has approved a loan totaling more than US$531.7 million to subsidiary Xayaburi Power Co. Ltd. for the development of Laos’ 1,285-MW Xayaburi hydropower plant. The financing, approved during a CK board meeting earlier this week, will be used “to pay for the increased construction works” of the project, “due […]
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We are extremely proud and excited to announce that CEA Project Logistics and Fagioli Italy are aligning focus, resources and efforts to expand our combined market presence and reach in South East Asia. A consortium agreement has been agreed by our two companies that will see CEA Project Logistics & Fagioli provide a multitude of […]
Continue ReadingThe Export-Import Bank of Thailand (EXIM) Bank has established an agreement to provide an additional long-term loan for the construction of a tap water manufacturing facility in Luang Prabang, Laos, to facilitate water consumption in the Laos capital. The EXIM Bank Acting President Kematat Saicheur on 11 May witnessed a signing ceremony for a loan […]
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Japan’s foreign minister announced a multibillion-dollar initiative yesterday to promote development in Southeast Asia’s Mekong region, which encompasses parts of Vietnam, Laos and Thailand through which the river flows. In a speech at Chulalongkorn University in Bangkok, Fumio Kishida affirmed the importance of Southeast Asia’s economic prosperity to Japan. He pledged 750 billion yen (USD7 […]
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An opening ceremony was held April 28 to kick off the second phase of construction of Laos’ 1,156-MW Nam Ou River Basin Hydropower Project, according to Vientiane Times. During the first phase, construction was completed on the Nam Ou 2, Nam Ou 5 and Nam Ou 6 plants. The first unit began generating electricity in […]
Continue ReadingFour decades of solid Thailand and China relations have almost been derailed by their failure to reach a final agreement on the construction of a high-speed train system. After nine rounds of back and forth negotiations since January 2015, Thailand surprisingly has thrown down the gauntlet. At the end of March in Sanya, Hainan Island, […]
Continue ReadingBuilk Asia launched last week as an e-commerce portal that connects steel producers with buyers in the construction industry. After a year of testing its e-commerce operations, Builk Asia’s Builk.com launched last week as a portal where construction companies in Thailand and other Asian countries can buy steel and other construction materials and products. Builk.com […]
Continue ReadingThai construction contractor Ch Karnchang Pcl said on Thursday it expected higher revenue this year thanks to the government’s infrastructure investments, which should help stimulate activity in the sector. Ch Karnchang, one of Thailand’s top three firms in the sector, aimed for construction revenue of 35-38 billion baht ($998 million-$1.08 billion) in 2016 versus 34.8 […]
Continue ReadingLAOS AIMS to use Monsoon Wind Power, Asean’s largest wind farm to be built by a Thai developer, as an exemplary prototype for Asean Monsoon Wind Power is a 600-megawatt wind-farm project that will be the largest in Asean. The site covers two districts in southern Laos – Dak Cheung in Sekong province and Sanxay […]
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A memorandum of cooperation in the field of nuclear energy for peaceful purposes has been signed by Russian state nuclear corporation Rosatom and the ministry of energy and mines of Laos. The memorandum was signed in Moscow yesterday by Rosatom deputy director general Kirill Komarov and Laos’ deputy energy minister Sinava Souphanouvong. The signing was […]
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