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Cambodian Funan Techo Canal megaproject linking the Mekong River to the Gulf of Thailand in trouble

Cambodian Funan Techo Canal megaproject linking the Mekong River to the Gulf of Thailand in trouble Funding dries up for controversial $1.7-billion project as China is having second thoughts At a ceremony in August, Cambodian Prime Minister Hun Manet knelt to receive blessings from monks as fireworks and balloons heralded the breaking of ground for […]

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Thailand Looks to Revamp Real Estate Laws with Cambodia’s Leasehold Model in Focus

Thailand Looks to Revamp Real Estate Laws with Cambodia’s Leasehold Model in Focus Thailand is revising its real estate laws to attract foreign investment, proposing significant amendments to extend lease terms from the current maximum of 30 years to up to 99 years. This initiative, championed by Finance Minister Pichai Chunhavajira, is aimed at revitalizing […]

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Contractor replaced after abandoning work on Trang Airport terminal project

Contractor replaced after abandoning work on Trang Airport terminal project The Department of Airports stated that the 1.2-billion-baht Trang Airport terminal project has been delayed after the contractor abandoned the work for over seven months due to severe financial issues. Although 98% of the construction was complete, the contractor failed to finish the final phase, […]

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Thailand taps Turkish expertise in high-speed train manufacturing

Thailand taps Turkish expertise in high-speed train manufacturing Transport minister Suriya visits Turkey’s state-owned Türasaş for lessons in forging a domestic rail-manufacturing industry Thailand is collaborating with Türasaş, Turkey’s state-owned train manufacturer, to build fast trains for its new high-speed rail network, Transport Minister Suriya Jungrungreangkit said on Monday. Thailand taps Turkish expertise in high-speed […]

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