News

Italian-Thai closer to Bangkok's Purple Line trackworks contract

Italian-Thai Development steps closer to win the Purple Line’s trackworks contract worth over Bt3 billion, on the confirmation from financier Japan International Cooperation Agency (Jica) that its competitor – Sino-Thai and ASV Joint Venture – is disqualified. The contract for the 23-km trackwork from Bang Yai to Bang Sue has been delayed for over a […]

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Phnom Penh to add Vattanac Capital Tower to its skyline

Vattanac Capital will contain approximately 11,500 square meters of premium retail space in the Podium to accommodate luxury international brands. Vattanac Properties Ltd. has begun development for the 39-storey Vattanac Capital office tower in Phnom Penh, Cambodia due to the need for International standard Grade A office space. Some of the key features of the development are […]

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Aerial photography to Thailand’s rescue

Thailand’s Deputy Prime Minister and Minister of Finance, Kittiratt Na Ranong, says the Japan International Cooperation Agency (JICA) is conducting aerial photography of the central plains to establish the best sites for flood water retention  by the end of the month. “JICA confirmed that aerial photography was nearing completion therefore the flood management zones should be […]

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Aerial photography to Thailand's rescue

Thailand’s Deputy Prime Minister and Minister of Finance, Kittiratt Na Ranong, says the Japan International Cooperation Agency (JICA) is conducting aerial photography of the central plains to establish the best sites for flood water retention  by the end of the month. “JICA confirmed that aerial photography was nearing completion therefore the flood management zones should be […]

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Crown plans second Cambodia beverage can plant

Crown Holdings Inc. will construct a new beverage can plant in Sihanoukville, Cambodia, to accommodate growing demand. The new plant is designed to produce multiple can lines and will have an initial annual production capacity of 725 million, two-piece 33cl aluminum cans. The facility is expected to be operational in the third quarter of 2013 and […]

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Loxley to build B60m algae biofuel plant

Loxley Plc is spending 60 million baht to build a pilot plant for algae-based biofuel, possibly in Ratchaburi province. The location will likely be at the power plant owned by Ratchaburi Electricity Generating Holding Plc in Ratchaburi province so that carbon dioxide from the plant can be used to feed algae, said Nattapon Dejvitak, vice-president for […]

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Thai Govt approves loan for Lao airport – Italian-Thai Development appointed as contractor

The Thai government has approved a loan to Laos to pay for Pakse Airport’s second phase development. Last week, the Thai Cabinet confirmed it would provide Bt184 million in a soft loan at 1.5% interest for 20 years with a five-year grace period. Italian-Thai Development has been appointed the contractor. It will extend the length and width […]

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Bangkok’s Red Line mass transit project eyes Japan funding

Initial bids for project deemed unqualified  The government will scrap bids for the third contract of the Red Line mass transit project to ensure it receives 70 billion baht from the Japan International Cooperation Agency (JICA) to finance the project. Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong took a team of senior finance executives […]

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Bangkok's Red Line mass transit project eyes Japan funding

Initial bids for project deemed unqualified  The government will scrap bids for the third contract of the Red Line mass transit project to ensure it receives 70 billion baht from the Japan International Cooperation Agency (JICA) to finance the project. Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong took a team of senior finance executives […]

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PTTEPI signs Zawtika construction work gas contracts – Burma pipeline to Thailand

PTT EXPLORATION and Production International (PTTEPI) signed contracts for construction work at its Zawtika gas project in the Gulf of Mottama on May 7, the company said. The signing ceremony took place in Yangon at the Chatrium Hotel. PTTEPI contracted the tasks of building processing and living quarters to Singapore-based SMOE Pte Ltd, a recognised […]

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