Developer Bo San had already sold all the units in his 12-story high-rise in Yangon when he was forced to halt construction. Three months later he faces the task of having to remove two floors to comply with new height regulations, at a cost of about US$8 million. Since May, the regional government of Aung […]
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Ministry of Electricity and Energy has received six tender applications for the construction of a 300-megawatt power plant, according to Myanmar Electric Power Enterprise. The applications came from: a consortium of Maxpower Myanmar Pte Ltd, LNG Link Pte Ltd, Consultant International Company Pte Ltd, SEPCO Electric Power Construction Corporation, a joint venture between Indonesia, Singapore […]
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PEA ENCOM International, the wholly owned subsidiary of the Provincial Electricity Authority (PEA) in charge of renewable-energy and energy-saving business, is considering setting up its own manufacturing facilities for LED lighting products and solar panels at a total cost of between Bt300 million and Bt500 million, for the domestic market and export to neighbouring markets. […]
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Thai Oil PCL has let a contract to Amec Foster Wheeler PLC to provide services for a project that will expand crude oil processing capacity and improve fuel production at the 275,000-b/sd Sriracha refinery, near Laem Chabang Port in Chonburi, Thailand. Amec Foster Wheeler will deliver front-end engineering and design on Thai Oil’s proposed Clean […]
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Thailand’s listed property developer Pace Development Corporation Pcl plans to sell its assets worth more than 13 billion baht ($375.7 million) into a real estate investment trust (REIT) in the next few years, according to a report in Bangkok Post. The assets to be sold will include Sky Observation Deck worth 8 billion baht, Bangkok […]
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McConnell Dowell is pleased to announce the award of another gas pipeline EPC project in Thailand. PTT Public Company Limited, Thailand’s state-owned oil and gas company has awarded McConnell Dowell Constructors Thai Ltd the contract for design, procurement, construction and commissioning of a 48 km, 28-inch diameter gas pipeline linking the Provincial Gas Transmission Pipeline […]
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It was announced today (Aug 18) that no formal date has yet been set for the opening of the new passenger terminal at Phuket International Airport, however, it was said that the opening will definitely go ahead some time in September. The announcement was made by Director of Phuket International Airport Mrs Monrudee Gettuphan at […]
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State Railway of Thailand (SRT) has moved to hasten private firms working on the Red Line Electric Train route connecting Bang Sue to Rangsit to have it complete on schedule in 2020. SRT Governor Wuthichart Kalayanamitr has personally inspected work on the rail line in Toong Song Hong, finding that construction is still behind schedule […]
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JCB achieved underlying earnings of £214 million during 2015 despite difficult market conditions in most developing markets around the world and slower than expected growth in North American and European markets. Overall, the global market for construction equipment dropped by 14% during 2015. Market conditions in the first half of 2016 remain fragile with the […]
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The Ho Chi Minh City has sought a permission from the central government to develop a shopping mall beneath a metro station in a joint venture with a consortium of Japanese investors, Thanh Nien News Online reported on Monday. The US$303.2 million project will cover about 45,000 square metres of which the shopping zone will […]
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