Construction News – Page 325 – Thailand Construction and Engineering News

Singapore becomes leading investor in Vietnam

March 18, 2016August 28, 2020Peter Carlisle

Singapore has become Vietnam’s leading investment partner after investing more than US$36 billion in numerous local projects, including processing, technology, manufacturing, real estate, construction, transportation, and storage. According to statistics provided by Vietnam’s Foreign Investment Agency, Singapore-based firms implemented 30 new projects and increased investment levels in six existing projects in the first two months […]

Stalled in the Dragon’s tracks: Thailand-China Railway

March 17, 2016August 28, 2020Peter Carlisle

By John Draper, Peerasit Kamnuansilpa Doubts over financing, speed and who operates the line are NCPO The vision behind China’s Trans-Asia Railway is breathtaking and seeks to re-establish the classical Silk Road in a re-imagined Silk Road Economic Belt. It would bring Bangkok into direct contact with the economic powerhouse of Chengdu, capital of Szechuan […]

Eight die in basement of Siam Commercial Bank after chemical fire extinguisher leak

March 17, 2016Peter Carlisle

Contractors suffocate after accidentally triggering fire extinguisher system in the headquarters of a major Thai bank, causing oxygen levels to plummet Eight people died and seven were injured when they accidentally triggered a fire extinguisher system in the headquarters of a major Thai bank, releasing a suffocating cloud of chemicals. The accident occurred late on […]

Thailand’s Wind Energy Holding strikes first international deal in Australia

March 17, 2016Peter Carlisle

Wind Energy Holding (WEH), majority owned by Thailand’s KPN Group, announced today the decision to invest in CWP Renewables (CWP), a leading renewable energy developer and asset manager in Australia. WEH struck the deal to buy the stake in CWP from Continental Wind Partners and the Wind Prospect Group. WEH will also purchase 50 per […]

Thai-Chinese railway project bogged down in negotiation

March 17, 2016August 28, 2020Peter Carlisle

OPTIMISTS BELIEVE the controversial Thai-Chinese railway project, which has been under negotiations for more than three years, will go ahead despite some hindrances resulting from new conditions initiated by the Thai side. On November 17, the Thai Cabinet approved a Framework of Cooperation (FoC) agreement with China for development of Thailand’s transport infrastructure from 2015-22. […]

Thailand seeks Sri Lanka’s cooperation on sea port development

March 11, 2016August 28, 2020Peter Carlisle

Thailand’s Deputy Prime Minister in Charge of Economic Affairs Dr. Somkid Jatusripitak, who arrived in Sri Lanka on 8th March for a five day visit, has sought Sri Lanka’s cooperation on sea transport between the Port of Colombo and Dawei Deep Sea Port that is under construction in Myanmar. Deputy Prime Minister Somkid along with […]

Emerging Trends in Phnom Penh’s Office Market

March 11, 2016August 28, 2020Peter Carlisle

With the swift growth of Cambodia’s economy, which has maintained average expansion of 7 percent per year over the past two decades, the country’s property and construction sector is booming. Real-estate is attracting investment of more than $1 billion a year and has become a driver of economic growth. As skyscrapers, apartments, condos and other […]

Phnom Penh’s Twin Tower Construction to Begin This Year

March 11, 2016August 28, 2020Peter Carlisle

Construction of the $2 billion, 133-story twin tower skyscrapers planned to rise opposite NagaWorld will start in the middle of this year, an official who helped design the project told Khmer Times yesterday. Tous Saphoeun, dean of the Architecture and Urban Planning Faculty of Mathematics, Sciences and Engineering at Pannasastra University, also said the massive […]

Thai property developer Chewathai to launch initial public offering (IPO) this month

March 11, 2016Peter Carlisle

Bangkok based factories for rent and condominium developer Chewathai Pcl expects to sell 262 million shares, equivalent to 35 per cent of its registered capital, through an initial public offering (IPO) by the end of March. Chewathai is a 51:49 joint venture between Thailand-based investors and TEE Development Pte Ltd, a subsidiary of Singapore’s listed […]

Korean firm in biogas JV in Laos

March 11, 2016August 28, 2020Peter Carlisle

South Korea’s TN Energy Co is teaming up with Lao State Fuel Co to set up a joint venture to produce bioethanol fuel called Power Gasoline (PG) for sale in the country. The joint venture, to be called Lao K-tech Co, will be established this year. The new company will be located at Dongphosy village […]

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