Merger set to grow Aurecon market share in Hong Kong

A merger between international engineering and management consultants Aurecon and building engineering specialists Daniel Chan and Associates Ltd (DCAL) of Hong Kong was announced this week. The merger will enhance Aurecon’s capacity to service large infrastructure projects in Hong Kong and enable its respected building design team to increasingly service clients of Aurecon’s offices across […]

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Japan to help Vietnam build port in the north, airport in the south

Japan will provide about ¥500 billion in financial assistance to help Vietnam undertake two major infrastructure projects seen as key to promoting economic growth in the Southeast Asian nation, the Nikkei reported. Tokyo will tap its official development assistance funds as well as solicit investment capital from private companies. Japan’s first public-private aid deal for […]

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Horticulture consultant files lawsuit against MGM Ho Tram Project

Siam Orchids Thailand Company Limited announced that it will commence legal action for breach of contract against the MGM Ho Tram Casino Project in Vung Tau, Vietnam. The horticulture consultant/project manager claims bad faith and 24 months of unpaid invoices. A spokesman for Siam Orchids said: “It is with great regret that we have to […]

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Marubeni, Vinacomin May Build Coal-Fired Power Plant in Vietnam

Marubeni Corp., a Japanese trading company, and Vietnam National Coal-Mineral Industries Group are in talks about building a coal-fired power station in Vietnam, a Marubeni spokesman Yo Nomura said. He declined to comment on a Nikkei newspaper report today that said the station will cost $2 billion dollars and will be the nation’s biggest with […]

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Loxley eager to invest in Dawei project

SET-listed Loxley Plc, one of Thailand’s oldest and biggest trading conglomerates, is making its return to Burma after an absence of several years by studying the opportunities to invest in the massive Dawei development project. Jingjai Hanchanlash, an adviser to the company, said a team would visit Burma next month to look at project feasibility […]

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B. Grimm vies for four more SPP licences

10-year budget lifted to B75 billion B. Grimm, one of Thailand’s oldest trading conglomerates, expects to be awarded four additional small power producer (SPP) licences on top of five already granted as it expands its 10-year investment budget to 75 billion baht. Preeyanart Soontornwata, president of Amata B. Grimm Power Ltd, said the company was […]

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Cambodia builds bridge to link ASEAN highway

The construction of Neak Loeung Bridge, a part of ASEAN’s highway, will play a vital role in boosting the development of Cambodian and regional economy, said Cambodian Prime Minister Hun Sen on Saturday during a ground breaking ceremony for the bridge construction. The Neak Loeung Bridge across the Mekong River along the National Road No. […]

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