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Thailand’s Sino-Thai Engineering and Construction announces major restructuring

Thailand’s Sino-Thai Engineering and Construction announces major restructuring Responding to the ever-changing business landscape, Sino-Thai Engineering and Construction (STEC) has announced a major restructuring of its shareholdings and management to diversify its business for sustainable growth. Part of that restructuring, according to STEC director Pakpoom Srichamni, is the setting up of STECON Group (Public Company) […]

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State Railway of Thailand (SRT) to extend its Red Line electric train system to cover Ayutthaya and Nakhon Pathom

State Railway of Thailand (SRT) to extend its Red Line electric train system to cover Ayutthaya and Nakhon Pathom The government has instructed the State Railway of Thailand (SRT) to extend its Red Line electric train system to cover Ayutthaya and Nakhon Pathom. Deputy Transport Minister Surapong Piyachote said on Wednesday that the 8.8-kilometre extension […]

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Work on Nong Khai-Vientiane section of the Thai-China high-speed rail (HSR) project is expected to be completed in 2028

Work on Nong Khai-Vientiane section of the Thai-China high-speed rail (HSR) project is expected to be completed in 2028 The Nong Khai-Vientiane section of the Thai-China high-speed rail (HSR) project is expected to be completed in 2028, according to Deputy Transport Minister Surapong Piyachote yesterday. Mr Surapong said the project’s committee has agreed to expedite […]

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Thailand’s Three-airport rail contract being revised because of impact of Covid-19 pandemic

Thailand’s Three-airport rail contract being revised because of impact of Covid-19 pandemic CP-led consortium seeks changes to payment terms because of impact of pandemic The contract for the high-speed rail line linking Don Mueang, Suvarnabhumi and U-tapao airports will be revised to take into account changes in economic conditions caused by the Covid-19 pandemic. The […]

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Thailand’s C.P. Land allocates B30bn to acquire hotels and develop residential projects in 2024-25

Thailand’s C.P. Land allocates B30bn to acquire hotels and develop residential projects in 2024-25 Amount for hotels, residential projects C.P. Land Plc, a property firm owned by the Chearavanont family, plans to invest 30 billion baht to acquire hotels and develop residential projects in 2024-25 with the goal of generating 15.5 billion baht in revenue […]

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