Myanmar News
Mandalay Golden Wings Construction company last week unveiled plans to build the country’s tallest building in Yangon’s Mayangone township. The company has started work on the US$60-million, 34-storey Diamond Inya Palace building on a 2-acre block near Inya Lake, and expects to finish by the end of 2015, a Mandalay Golden Wings spokesperson said last […]
Continue ReadingThe construction industry’s lack of workers has resulted in many projects not being able to expand, says the Construction Institute of Thailand (CIT). Chakporn Oonjitt, executive director of the CIT, which is under the Industry Ministry, said some works, especially housing projects, have been delayed, while developers have been reluctant to take on new ones. […]
Continue ReadingArchetype Group, a leading multi-disciplinary construction consultancy in Asia, announced today their appointment as Project and Construction Manager for the new prestigious and iconic MahaNakhon Tower in Bangkok. The MahaNakhon Tower is a striking mixed-use development in the heart of Bangkok’s central business district. It features a unique design that introduces a three-dimensional ribbon of […]
Continue ReadingThe Myanmar electric power authorities and five South Korean companies have launched a 500- megawatt (mw) gas-fired combined cycle power plant project in Yangon’s Thakayta township, official media reported Sunday. The five S. Korean companies are Busan Korea Biotechnology Co, Korea Western Power Co, Hyundai Engineering and Construction Co, Hana Daetoo Securities Co and Hexa […]
Continue ReadingCondominium developers are urging the Bangkok Metropolitan Administration (BMA) to speed up amending car park requirements for projects along the mass transit systems. Thamrong Panyasakulwong, president of the Thai Condominium Association (TCA), said this would benefit condominium buyers, as easing municipal requirements for car parks would increase the saleable area of condos while reducing their […]
Continue ReadingThe revised Power Development Plan (PDP) spanning 2013-30 requires a total budget of 800 billion baht for power plants and transmission lines, said the Electricity Generating Authority of Thailand (Egat). The PDP, which was revised a month ago, aims to add 55,000 megawatts of new capacity by 2030, said Pongdith Potchana, Egat’s deputy governor for […]
Continue ReadingAfter months of negotiations and failed promises, a proposed multi-billion dollar Myanmar port and special economic zone that could transform Southeast Asian trade appears back on track. Thai banks aim to keep the project afloat with short-term loans until an expected Japanese loan of up to $3.2 billion can be secured, officials and sources famliar […]
Continue ReadingAfter months of negotiations and failed promises, a proposed multi-billion dollar Myanmar port and special economic zone that could transform Southeast Asian trade appears back on track. Thai banks aim to keep the project afloat with short-term loans until an expected Japanese loan of up to $3.2 billion can be secured, officials and sources famliar […]
Continue ReadingThe Bangkok Metropolitan Administration has hired Panya Consultants and Phisut Technology to map out the earthquake-risk zones of the city, Deputy Governor Wallop Suwandee announced yesterday. Although Bangkok isn’t on a fault line, soft soil makes the high-rise structures vulnerable to faraway quakes, Wallop said, citing a recent Myanmar quake that caused high-rises in the […]
Continue ReadingSihasak Phuangketkaew, permanent secretary for foreign affairs, said he submitted a concept paper to Myanmar last week under the Thailand-Myanmar Memorandum of Understanding (MoU) on cooperation between the two neighbours on the Dawei project. The MoU was signed by Prime Minister Yingluck Shinawatra and Myanmar President Thein Sein in Thailand last month, Mr Sihasak said. […]
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