Costs set to torpedo Krabi power deals Egat seeks investors for renewable energy The auction results that awarded three private companies contracts to build a Krabi coal-fired power plant and deep-sea port are expected to be revoked after delays pushed construction costs higher. The Electricity Generating Authority (Egat) may have to open a new bid […]
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Vietnam’s solar energy push draws investors Policy changes spur shift to renewables, with far to go Vietnam is finally looking at renewable energy options for future generations. Vietnam’s TTC Group is planning to sink about $1 billion into solar energy projects in a country still dependent on coal-fired thermal and hydro power for its power […]
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Pink and Yellow Lines construction contracts signed, operational in 2020 The Mass Rapid Transit Authority of Thailand (MRTA) yesterday signed two electric rail route contracts , the Pink Line and the Yellow Line, with the BSR Joint Venture worth 100 billion baht. The new electric rail lines will enable people in Bangkok outskirts, Nonthaburi, Samut […]
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Embarrassing Gap Fixed – Bangkok’s MRT Blue and Purple lines to finally connect The embarrassing one-kilometer gap between the MRT Blue and Purple lines will finally be fixed—the connecting tracks between the two train lines are expected to launch next month. The construction of the tracks connecting the Blue Line’s Bang Sue station with the […]
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Debut for two Liebherr High-Top tower cranes on world’s tallest concrete module structure in Singapore Dragages Singapore is relying on two ‘top of the range’ Liebherr 1000 EC-H 40 Litronic High-Top tower cranes to erect the two 40-storey towers of the island’s first all-concrete PPVC structure. Main contractor Dragages Singapore is using two Liebherr 1000 […]
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Thai Construction Industry Faces A Booming Year Ahead Thailand is set to be a prominent construction hub in Southeast Asia this year. Based on the white paper released by Solidiance, the future of the country’s construction sector ‘looks optimistic’ despite an overall economic slowdown in 2014 and 2015. Public investment in infrastructure is the […]
Continue ReadingRiverside Renovation – Chao Phraya promenade to start construction despite concerns Though the project has met with concerns and opposition, the Chao Phraya Riverside Promenade Project will begin construction by August, announced the Bangkok Metropolitan Administration (BMA). The issues that concerned residents have are related to the negative impact that such a large development could […]
Continue ReadingSavills Thailand establishes team specialising in hotel development Real-estate services provider Savills Thailand has launched Savills Hotels, a specialised team that will assist Thai hotel and resort owners, developers and investors through all stages of the hotel development lifecycle. The team, currently consisting of almost 30 hotel specialists across the Asia-Pacific region, has extensive hotel […]
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BSR JV secures B100bn deal to build Bangkok’s Pink and Yellow monorails The cabinet has awarded 100 billion baht in contracts for two monorail projects to BSR Joint Venture. Analysts said BSR could opt to raise funds for the projects through the Stock Exchange of Thailand (SET) instead of with loans. Nathporn Chatusripitak, an adviser […]
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Singapore Trillion Global invests over 1.6 billion baht in Singha Estate Condominium Projects Singapore company Trillion Global has invested more than 1.6 billion baht in two of Singha Estate PCL’s condominium projects In one of the latest developments that underlines foreign investors’ great confidence in Thailand’s property industry, Singapore company Trillion Global has invested more […]
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