News

1.3 million empty residential units, including houses and condominium units, worth a total of 2.6 trillion baht in Thailand According to the Agency for Real Estate Affairs (AREA), there are now 1.3 million empty residential units, including houses and condominium units, worth a total of 2.6 trillion baht in Thailand. AREA’s president, Sopon Pornchokchai, said […]

Italian-Thai Development chance to build the 16.2-kilometer Chatuchot-Lam Luk Ka extension of the Chalongrach expressway According to news reports, Italian-Thai Development (ITD), which has been experiencing liquidity problems, has a chance to secure the state contract to build the 16.2-kilometer Chatuchot-Lam Luk Ka extension of the Chalongrach expressway. The project is expected to cost around […]

Terratec delivers second EPBM for Bangkok Metro Terratec has delivered another new 6.39m diameter EPBM for the construction of the Bangkok Metro Purple Line (C3). The first EPBM was delivered in December last year. The two machines will construct a 3.12km tunnel, linking Phan Fa Station to Memorial Bridge Station through two metro stations. The […]

KingBridge office tower on Bangkok’s on Rama III Road ahead of schedule Project adheres to ‘Spirit of Synergy’ KingBridge Tower, a 6-billion-baht office building project, is ahead of schedule with construction 80% complete and an occupancy rate of 50%. The opening is planned for the fourth quarter following construction work lasting more than three years. […]

Airports of Thailand revises master plan for airport, Notes increasing passenger demand The Suvarnabhumi Airport master plan is being revised to prioritise terminal construction and expansion projects to cater to fast-growing passenger traffic demand, according to the Airports of Thailand (AoT). The new phase of the master plan spanning the next 10 years needs to […]

Grim outlook for Thai steelmakers Industry reels amid Chinese dumping Many local steel manufacturers are likely to shutter their businesses this year, succumbing to the flood of dumping from China, says the EAF Long Product Steel Producers Association. Chinese steel imports have dented the capacity utilisation of Thailand’s steel industry, with the rate declining to […]

Thai and Danish firms to study nuclear power-barge plan Thai power company Global Power Synergy has signed a memorandum of understanding with Denmark’s Seaborg Technologies to explore the possibility of a nuclear “power barge” for Thailand. Seaborg has developed a small modular reactor (SMR) that uses molten salt as its coolant. It can be installed […]