Photo: Aung Khant/The Myanmar TimesYangon Elevated Expressway, phase one to cost $800 million Phase one of the Yangon Elevated Expressway Project, which includes construction of the Yangon Elevated Expressway and the Yangon Circular Expressway, will cost around $800 million, according to U Han Zaw, union minister for the Ministry of Construction. “The project is part […]
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Bangkok Mass Transit System ‘must meet 3 conditions’ to win Bangkok’s Green Line contract renewal Democrat Party deputy leader Samart Ratchapolsitte said on Friday that the Transport Ministry is opposed to a move to extend the Bangkok Mass Transit System Plc (BTS)’s contract to run the Green Line because the fare is too expensive. BTS […]
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Nine firms purchase right to submit proposals for first phase of the New Yangon City Development project Nine out of 15 eligible organisations have paid the Request for Proposal (RfP) fee which allows them to access documents related to investing in the first phase of the New Yangon City Development project, according to the Ministry […]
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Destination Capital, a hotel investment group in Bangkok, launches world’s first “green” hotel fund Destination Capital, a hotel investment group in Bangkok, has announced that it will launch the world’s first ever “green” hotel fund. The fund will acquire hotels and implement sustainability systems and procedures to promote long term environmental and financial sustainability in […]
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GE and EVN Genco3 sign agreement to Develop Vietnam’s Long Son LNG Power Plant near Ho Chi Minh City General Electric Co. and a Vietnamese company signed a memorandum of understanding to develop an LNG power plant near Ho Chi Minh City. The signing between GE and EVN Genco3 took place during an event with […]
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Sinosteel Equipment and Bodong Shaguo Energy Co Ltd sign contract for new 700 mW coal-fired Cambodian power plant project Sinosteel Equipment Co Ltd and Royal Group wholly-owned Cambodia Bodong Shaguo Energy Co Ltd signed an Engineering, procurement, and construction (EPC) contract for the new 700 mW coal-fired power plant project. According to the announcement issued […]
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Construction of Vietnam’s Long Thanh Airport to begin next month The Airports Corporation of Vietnam (ACV) plans to begin construction of the Long Thanh International Airport in December and complete it by 2025. Lai Xuan Thanh, chairman of the corporation which has been assigned to be the project’s main developer, told VnExpress that it will […]
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Bangkok Mass Transit System awaits word on Green Line deal The Bangkok Mass Transit System Plc (BTSC) and Bangkok Metropolitan Administration (BMA) are waiting for clarification from the Interior Ministry on the concession contract of the Green Line. Surapong Laoha-Unya, chief operating officer of BTSC, recently said the BTS Skytrain concession extension for the line […]
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DailyPass website to add five-star hotels to Thailand network DailyPass, a website that draws people to use facilities at hotels without booking a room, is gearing up efforts to bring five-star hotels into its network to attract domestic tourists. It plans to raise Series A funding early next year. So-called daycations will be the new […]
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Thailand’s Banpu Plc ploughs ahead with clean energy Company banking on ‘greener and smarter’ concept to drive expansion Despite a need to shift towards defensive business operations, including cuts in capital spending and salaries among executives during the recession, Banpu Plc is not losing steam as it grows in the clean energy field. Renewable energy […]
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