News

Thai construction sector expected to grow by 3-4% 2024-2026 The state sector’s construction value is projected to expand by 3.5-4.0% per year, driven primarily by significant government investment projects. Notably, projects related to the Eastern Economic Corridors are under an accelerated plan to develop Thailand’s logistics system from 2023 to 2027. Krungsri Research has published […]

Locals challenge second runway plan at U-Tapao–Rayong–Pattaya International Airport A second runway at U-Tapao–Rayong–Pattaya International Airport will be built despite opposition from local residents. Construction of the runway, which is part of the Eastern Economic Corridor (EEC) scheme, will continue as per the guidelines set out by an Environmental and Health Impact Assessment (EHIA), officials […]

Italian-Thai, Thailand’s largest construction company faces $4b debt crunch as some overseas projects fail A cash crunch at Thailand’s largest construction company is fueling concern among investors, regulators and rating agencies already unnerved by a series of local corporate scandals and debt defaults. Italian-Thai Development confirmed on March 13 reports that it is in talks […]

BTSC to get Baht 23bn from Bangkok Metropolitan Administration for Green Line skytrain extensions, while court considers more An ordinance directing the Bangkok Metropolitan Administration (BMA) to pay a debt of 23 billion baht to Bangkok Mass Transit System Plc (BTSC) for previous work on Green Line skytrain extensions was published in the Royal Gazette […]

Bangkok’s Suvarnabhumi Airport can shine again Bangkok Post Editorial When it was opened to the public in 2006, Suvarnabhumi Airport reflected the mood and aspirations of the entire nation. The airport’s main terminal — a sprawling glass-and-steel structure that covered an area of about 500,000 square metres before its subsequent expansions — was designed to […]

Thailand’s Gulf, Ratch launch first unit at Hin Kong power plant in Thailand’s Ratchaburi province Thailand’s Gulf Energy Development and Ratch launched the first gas-fueled unit at their Hin Kong power plant following the arrival of the maiden LNG cargo at PTT’s second Map Ta Phut LNG terminal. Hin Kong Power, a joint venture owned […]

90-day deadline set for legal dispute over the 6-billion-baht Ashton Asoke condominium project in Bangkok A solution to a legal dispute over the 6-billion-baht Ashton Asoke condominium project in the Watthana district of Bangkok needs to be found in three months, according to a court official. This comes amid concerns the condo could be demolished […]

‘Significant breakthrough’ at Bangkok power plant project It has been reported that a significant breakthrough has been achieved at the construction site of the Bang Pakong-south Bangkok power plant gas transmission pipeline project in Thailand. The first section of the initial phase of pipeline laying employed the laying and jacking machine with a diameter of […]