Laos News
The 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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Renewable energy sources are gaining ground in Asia but making much more efficient use of conventional sources remains an important priority. Growing awareness of the impact of air pollution and global warming have been driving more investments in energy from renewable sources and moving green energy to the top of many government policy agendas. In […]
Continue ReadingInfrastructure firm Larsen & Toubro (L&T) has won Rs 2,271-crore orders that include a major commercial development and a transmission line contract in Thailand. “The Construction arm of Larsen & Toubro Ltd has won orders worth Rs 2,271 crore across its various businesses. Buildings & Factories Business has bagged a major turnkey order worth Rs […]
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