Thailand’s Charn Issara Development (CI) has revealed plans to develop two new projects in resort towns Cha-am and Hua Hin in response to growing demands from both local and overseas buyers. The first project in Cha-am will be a mixed-use development worth THB1.7 billion (US$56.84). The company will co-invest with developer Krisda Mahanakorn (KMC) in […]
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Ramayana Water Park representatives and investors held an official signing ceremony on April 8 with their partners from WhiteWater West Industries of Canada at the Inter Continental Hotel Bangkok to announce the construction of a new 900 million baht state of the art water-park in Pattaya. WhiteWater West Industries, the world’s leading designer and manufacturer […]
Continue ReadingReal estate and construction businesses reported revenue for 2010 with income over 3 trillion baht and a total profit of 35 billion baht. Italian-Thai Development PCL revenue was up to 36,676 million baht. Thirty five housing developers had combined earnings of 1.61 billion, an increase of 16%, and profits jumped more than 26% to over […]
Continue ReadingThe current total market size for wastewater treatment is estimated at about $1.533 billion USD, with an average growth rate of about 10% per year (government sector $613 million USD, private sector $920 million USD). In general, construction and engineering services costs are 85% of the project with the remaining 15% for equipment. Thus, the […]
Continue ReadingContractors demand Burmese migrants Mass transit contractors have made a desperate appeal to labour authorities to hire 10,000 immigrant workers to complete the 236km electric railway system in greater Bangkok. The contractors had complained about a lack of labourers which would result in construction delays, Supoj Saplorm, permanent secretary of the Transport Ministry, said. They […]
Continue ReadingSingapore-based CapitaLand has sold off its 40-per-cent stake in joint-venture firm TCC Capital Land to TCC Land Co, according to a news release yesterday. TCC Capital Land’s chief exe-cutive officer and managing |director, Soammaphat Traisorat, said in the release that his com-pany had paid cash to buy the Bt2.33-billion stake from CapitaLand. After the deal, […]
Continue ReadingThe Thai cabinet has approved a budget for hiring a team of expert planners to design a Special Economic Zone at Mae Sot on the northern Thai-Burma border, Thai media reported on Friday. Mae Sot is home to many Burmese migrant workers and refugees, as shown in this file photo of the Mae La Refugee […]
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Calls grow to phase out Don Mueang The International Civil Aviation Organisation (ICAO) has joined the ranks of industry groups advising Thailand to further develop Suvarnabhumi Airport to serve as the country’s sole main air hub. Echoing earlier calls by the International Air Transport Association (IATA), the UN agency also suggested that Don Mueang Airport […]
Continue ReadingOverpriced airport link is ‘a debacle’ SPECIAL REPORT: Passengers unhappy with shoddy service are looking elsewhere The rail link project between central Bangkok and Suvarnabhumi airport has turned out to be a fiasco, with passengers paying up to 150 baht for what they say is a shoddy service. No escalators, no trolleys, no car park […]
Continue ReadingOverpriced airport link is ‘a debacle’ SPECIAL REPORT: Passengers unhappy with shoddy service are looking elsewhere The rail link project between central Bangkok and Suvarnabhumi airport has turned out to be a fiasco, with passengers paying up to 150 baht for what they say is a shoddy service. No escalators, no trolleys, no car park […]
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