Thai Ratchaburi to build power plants in Myanmar’s Dawei

Thailand’s Ratchaburi Electricity Generating Holding Pcl said it planned to spend 12 billion baht ($390 million) next year on continuing investments and new ventures, including power plants in Myanmar’s Dawei project. The country’s largest private power producer signed an agreement with Italian-Thai Development Pcl to build coal-fired power plants with a combined capacity of 4,000 […]

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Laos to Start Building Mekong Dam This Year, Testing Neighbors

Laos wants to start construction this year on the $3.8 billion Thai-financed Xayaburi hydropower plant on the Mekong River after changing the design to placate neighboring countries opposed to the project. Laos completed a review of the dam initiated in April to ease concerns that it would harm rice production and fish catches downstream, said […]

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Myanmar pledges fair payments for railroad land

Myanmar’s government has pledged to adequately compensate landowners along a 800-kilometre route for a rail link from China to the Bay of Bengal, reports said Sunday. Minister for Railways Aung Min said the government was determined to ensure that citizens ‘are not cheated’ by the 20-billion-dollar project. The railroad would link a deep seaport in […]

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Premchai: The Reluctant Builder

Premchai Karnasuta stands on the grass-lined balcony of his 40th-floor office, surveying the Bangkok skyline as the sun sets. “We’re building that one,” he says, pointing to a hulking apartment complex. “And that one,” he adds, indicating another rising block. He pauses and waves a dismissive hand at the site. “So ugly,” he says. Karnasuta […]

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Thailand revises high-speed rail plan, Laos link shelved

Thailand’s new government unveiled a revised plan for the country’s high-speed train network on Tuesday, prioritising domestic rail expansion over an ambitious regional connectivity plan being spearheaded by China. Prime Minister Yingluck Shinawatra announced during her inaugural policy speech to parliament that three routes would be constructed linking Bangkok with urban centres in the north, […]

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Italian-Thai lowers Myanmar project cost estimate

Italian-Thai in talks to sell an additional 3,600 megawatts of power to EGAT from the plant Italian-Thai Development PCL President Premchai Karnasuta said Wednesday the investment cost of a planned infrastructure project in Myanmar is likely to be less than the $8 billion it had expected. He said the firm’s financial adviser, Siam Commercial Bank […]

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Kunming-Singapore High-Speed Railway begins construction

The Kunming-Singapore High-Speed Railway began construction on April 25. The railway will shorten the travel time between Kunming and Singapore to only a little more than 10 hours in the future. The Chinese government expects the railway to be put into operation by 2020. The line, starting from Kunming, capital of Yunnan Province; passes Mohan, […]

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