Thailand’s largest private power generation Ratch Group diversifying into locomotives Ratch Group, Thailand’s largest private power generation firm by capacity, says it will diversify into locomotive assembly to serve future demand from various infrastructure projects. The move is in partnership with AMR Asia, a local railway engineering developer, that is conducting a feasibility study on […]
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The Rising Thai Property Market in Asia The property market in Phuket and Thailand, in general, is on a downward slide, due to the on-going global pandemic. However, the situation will not last forever, investors are ready and are preparing their investment in one of the most promising market in South East Asia. The assets […]
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EVN SPC invests in solar power plant on Vietnam’s Côn Đảo Island, construction starts July 2020 The Southern Power Corporation (EVN SPC) will start building a solar power plant in July to turn Côn Đảo Island into “a high-quality tourist and economic zone”. At a total cost of over VNĐ91 billion (US$3.9 million), the plant […]
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Transport Minister talks up need for two road construction projects in western Bangkok Transport Minister Saksayam Chidchob on Thursday emphasised the need for two road construction projects in western Bangkok, claiming road construction would not exacerbate traffic congestion in the surrounding areas. These projects are the construction of the elevated Bang Khunthian-Ekkachai section of Highway […]
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Feasibility Study Conducted on Reopening of Cambodia’s Abandoned Airport in Battambang Province Feasibility study on reopening of the decades-abandoned Battambang Airport has been conducted by a local firm, giving hopes of a reborn air service in the renowned agricultural province of Battambang. “We allowed a local Cambodian firm to conduct the feasibility study to find […]
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Construction of the tracks on Myanmar’s Yangon Circular Railway is now almost complete Construction of the tracks on the Yangon Circular Railway is now almost complete, according to a statement by the Embassy of Japan in Myanmar on May 12. The completed tracks will make train rides on the route more comfortable with less vibrations, […]
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Can Thailand’s real estate market bounce back from COVID-19? Thailand’s booming real estate market was slowly declining before the COVID-19 outbreak. The pandemic might offer developers and retailers the chance to rebound stronger than before. As governments all over the world advise their citizens to stay at home, buying property has been put on hold. […]
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Vietnam construction sector forecast by Fitch Solutions to grow over 7% over next decade Foreign Direct Investment (FDI) will play a key role for the expansion of Vietnam’s industrial buildings sector, as Vietnam emerges as a global manufacturing hub, stated Fitch Solutions. Vietnam’s building construction sector is expected to grow strongly at an annual average […]
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Cambodia’s New Airport in Siem Reap Confirmed to Complete in 2023 In face of the global pandemic, construction process of the new airport in Siem Reap province has been made as planned and it is scheduled to complete in 2023. In a meeting with H.E. Mao Havannall, Minister in charge of State Secretariat of Civil […]
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Design-Build Contract Awarded for a U.S. Embassy Office Annex in Bangkok, Thailand The Department of State has awarded the Design-Build contract for a U.S. Embassy Office Annex in Bangkok, Thailand to B.L. Harbert International of Birmingham, Alabama. This multi-story annex will be a secure, resilient, and modern office building for U.S. diplomacy in Thailand. SHoP […]
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