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Thailand names winners for $9.5 bln flood management work

Thailand has selected four winners for water management projects worth around 290 billion Thai baht ($9.5 billion) aimed at preventing a repeat of devastating floods in late 2011. The flooding cut Thailand’s economic growth to just 0.1 percent in 2011 but the water projects and other infrastructure work are expected to drive the economy in […]

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Egat chief looks to start of coal-fired power plant in Dawei by year-end

The governor of the Electricity Generating Authority of Thailand yesterday said he hoped plans for the Dawei power-generation plant, which had been submitted to the Myanmar government, would be approved in time for construction of the 1,800-megawatt coal-fired facility to commence by year-end. Sutat Patmasiriwat said the Thai government had submitted the plans for the […]

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Mega-projects to fuel power demand, need for coal plants

Energy Minister Pongsak Ruktapongpisal believes the government’s Bt2-trillion infrastructure mega-projects, which will support future growth of communities and cities along the new high-speed-rail route, will push up demand for electricity substantially. The Energy Ministry is drafting an electricity-generation development plan from now to 2030 that will differ from the Power Development Plan 2010 as the […]

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A towering waste: The tallest abandoned buildings in the world that were once the height of architectural achievement before being left to fall into ruin

They were built to symbolize the city’s prosperity and vision. But after years of abandonment, stalled development or economic crisis, some of the world’s most amazing buildings have fallen into ruin and instead come to epitomize national struggle. From Thailand’s 49-storey Sathorn Unique which was abandoned after the 1997 financial crisis to Venezuela’s luxury skyscraper-turned-world’s […]

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Marubeni ties up with Thai firm to develop power projects

Major trading house Marubeni Corp. announced June 14 that it will work with a Thai company to develop new independent power producer (IPP) projects in Thailand and neighboring countries such as Laos, Myanmar and Cambodia. Marubeni executed a memorandum of understanding on June 13 with Global Power Synergy Co., a subsidiary of PTT Public Co., […]

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Bangkok’s Siam Square land ‘overpriced’

A veteran real-estate valuer on Wednesday played down reports that land prices in the Siam Square-Chidlom-Phloenchit area have risen to a record two million baht per square wah, saying the figure was exaggerated. The most expensive land in Thailand is found around Siam Square, Chidlom and Phloenchit. Sopon Pornchokchai, president of the Agency for Real […]

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Bangkok's Siam Square land 'overpriced'

A veteran real-estate valuer on Wednesday played down reports that land prices in the Siam Square-Chidlom-Phloenchit area have risen to a record two million baht per square wah, saying the figure was exaggerated. The most expensive land in Thailand is found around Siam Square, Chidlom and Phloenchit. Sopon Pornchokchai, president of the Agency for Real […]

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