Central Pattana (CPN) acquires 22.93% of Dusit Thani Plc BANGKOK: Central Pattana Plc (CPN), the SET-listed property and retail developer under Central Group, has acquired a 22.93% stake in Dusit Thani Plc, a leading hotel and property development company, for B2.14 billion. The move is seen as an effort on CPN’s part to consolidate its […]
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Gunkul Engineering brings Thailand’s 67.5MW Sarahnlom project online Thai developer Gunkul Engineering has started commercial operations at the 67.5MW Sarahnlom wind farm in Thailand. The 33-turbine project, which is located on the border of the Nakhon Ratchasima and Lopburi provinces, is a mix of Siemens Gamesa 2MW and 2.1MW G114 machines with tip heights of […]
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Construction booms in Cambodia but salaries fall behind The government says wages for unskilled construction workers are rising in line with the building boom, but ask any labourer and you’ll hear otherwise WAGES for low-level workers in construction are not keeping pace with the building boom despite official government statistics suggesting they are ahead of […]
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Lotte E&C to build $53 mn Sathapana Bank headquarters building in Cambodia South Korea’s Lotte Engineering & Construction Co. (Lotte E&C) said on Wednesday it was assigned by Japan’s Maruhan Group to erect a new headquarters building for Sathapana Bank in Cambodia at 57 billion won ($52.7 million). Under the contract, Lotte E&C will build […]
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KPN Land launches SHÁÁ brand with luxury Asoke condominium Property developer KPN Land has advanced further into the luxury condominium market with its new brand SHÁÁ, a creation of modern craftsmanship for the KPN-Keppel Alliance joint venture. Strategically located within the prime Sukhumvit 19 area of Bangkok, the SHÁÁ Asoke is about 250 metres from […]
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Thailand’s $7bn railway draws Siemens and Bombardier Bangkok also invites Asian bidders for Eastern Economic Corridor Thailand plans an auction in June for a high-speed rail project to link the country’s three major international airports, with Germany’s Siemens and Bombardier of Canada regarded as two of the leading potential bidders. The 220km route would connect […]
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Wind Energy Holding sees winds of change blowing yet again IPO on the horizon for renewable energy firm 26 April 2018 Wind Energy Holding (WEH) is preparing for a 2019 IPO, several years after the original public offering was derailed by one of the most publicised corruption scandals to hit Thailand. The company had been […]
Continue ReadingPöyry completes Owner’s Engineering Services assignment for 130 MW combined cycle gas turbine project in Thailand PÖYRY PLC Press Release 26 April 2018 Commercial operation for Amata B. Grimm Power (Rayong) 3 Limited (ABPR3), a 130 MW combined cycle cogeneration plant located within the Amata City Industrial Estate, Chonburi Province, Thailand, was achieved as scheduled […]
Continue ReadingVietnam building more power plants as economic growth accelerates 26 April 2018 * PV Power allowed to develop two power plants in Dong Nai province at total cost of nearly $1.5 billion * PV Power plants to start generating in 2020-2021 * Sembcorp Industries unit in deal to build 750-MW power plant in Quang Ngai […]
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Poipet real estate market full steam ahead 27 April 2018 The reopening of a 48-kilometre rail line between Poipet and Serey Sophorn in Banteay Meanchey province this month was a milestone in the long-delayed plan to restore passenger and commercial train service along the Northern Line that connects Poipet to the capital. But it is […]
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