The Board of Investment has approved investment privileges for 10 projects worth 25 billion baht. Industry Minister Chaiwuti Bannawat said the 10 projects are: Furnish Board Co will invest 2.6 billion baht to produce 330,000 cubic metres of plywood fiber per year in Hat Yai, Songkla; Vanachai Group will invest 1.25 billion baht to produce […]
Continue ReadingThe planned launch of government projects worth hundreds of billions of baht will drive the revenue of Ch. Karnchang (CK) next year to a record high of 100 billion baht, says the country’s second largest contractor. The chairman of the executive board Plew Trivisavavet said CK is waiting to sign construction contracts valued at 94 […]
Continue ReadingSome B23.9bn will be spent for the boom New industrial estates worth 23.9 billion baht and covering 16,000 rai will be built next year, says the Industrial Estate Authority of Thailand (IEAT). CNXWood Movie World, a joint venture in Chiang Mai province between US-based CNXWood and Chiangmai New City Co, is set for early in […]
Continue ReadingThe property management office of Chulalongkorn University (CU) will start construction of a new building at the site of the burnt-out Siam Theatre next February, with work expected to take two years to complete. CU recently finished demolishing the heavily damaged theatre and immediate retail space in Siam Square. Estimates for renovating the nearly seven-rai […]
Continue ReadingBangkok and other densely populated cities could face massive power outages in the near future if Thais do not start saving energy now while opposing construction of huge new power plants. Sethaput Suthiwart-narueput, an executive vice-president and the chief economist at Siam Commercial Bank’s Economic Intelligence Center (EIC), said energy demand by the commercial sector […]
Continue ReadingEastern Water Resources Development and Management, Thailand‘s largest supplier of raw water, expects its sales volume and revenue will grow sharply by 17% in 2011 as most of the halted Map Ta Phut industrial projects have resumed operations. Sales volume is likely to fall short of its target of 250 million cubic metres this year […]
Continue ReadingA Thai firm and a Bangladesh-Korea joint venture have shown interest to build US$ 2.0 billion Dhaka elevated expressways (DEE), the country’s first biggest infrastructure project under public-private-partnership (PPP). Out of four short-listed companies, two firms came up with their final proposals to the Bangladesh Bridge Authority (BBA) as the last day of RFP submission […]
Continue Reading“When things in your life seem almost too much to handle, when 24 hours in a day are not enough, remember the mayonnaise jar … and the beer. A professor stood before his philosophy class and had some items in front of him. When the class began, wordlessly, he picked up a very large and […]
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Tavoy mega-port will be a major challenge for Ital-Thai Development The deepsea port planned for Tavoy on Burma‘s southern coast will be a major challenge for Thailand‘s largest construction firm Italian-Thai Development, which is seeking partners for the project amid a myriad of political and other concerns. The initial stage of the mega-investment project is […]
Continue ReadingConstruction of a high-speed rail link between Yunnan province and neighboring Myanmar, part of a project to upgrade transport connections with Southeast Asian nations, will start in about two months, a top rail expert said. The line, from Kunming, capital of Yunnan province, to Yangon, Myanmar‘s largest city, will be 1,920 kilometers long, said Wang […]
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