Category: Construction News

New billion-dollar family emerges from Thailand power industry Songmetta family, founders of biomass specialist Absolute Clean Energy, have a net worth of US$1.2 bil. 12 November 2019 Biomass power specialist Absolute Clean Energy Pcl listed in Bangkok on Wednesday, an initial public offering that reveals the founding Songmetta family as among the wealthiest in the […]

Electricity Generating Authority of Thailand (Egat) readying country’s first floating storage regasification unit (FSRU) Unit planned to start operation in 2024 13 November 2019 The state-run Electricity Generating Authority of Thailand (Egat) is preparing to develop the country’s first floating storage regasification unit (FSRU) worth 24.5 billion baht to support its business plan to import […]

Thailand’s WOG ITR Water Solution Company acquired by Wiik Water Company Limited 11 November, 2019 WOG ITR Water Solution Company Limited based in Thailand (“WOG ITR”) has been successfully acquired by Wiik Water Company Limited (“Wiik Water”), a subsidiary of Wiik & Hoeglund Public Company Limited. WOG ITR is a Project SPV of WOG Group […]

Plans for new Hua Hin airport terminal, extend the runway, more flights, triple the air passengers Plans are underway to transform sleepy Hua Hin into a busy international and domestic tourism hub. The transport ministry has approved ideas to build a new airport terminal, more than double the number of planes that can land, extend […]

Golden Land Property Development ready to handle a new mixed-use project at Bangna 12 November 2019 After Samyan Mitrtown’s completion, Golden Land Property Development, a subsidiary of SET-listed Frasers Property Thailand (FPT), is ready to handle the development of a new mixed-use project at Bang Na. “We are ready to develop any projects the parent […]

Chiang Mai power project plans to use waste from processed corn  A Mae Chaem energy project aims to reduce haze and raise farmers’ income 11 November 2019 Mae Chaem district in Chiang Mai has been chosen to kick off the government’s Energy for All scheme for community-owned power projects from renewable resources. The power project […]

Thailand’s Eastern Economic Corridor megaprojects mean opportunities for property sector 11 November 2019 The Eastern Economic Corridor (EEC) and infrastructure development are setting new megatrends in Thailand with huge opportunities lying ahead for the property sector, according to former policymakers and property experts. Heavyweight politician Suwat Liptapanlop said the EEC will be a key player […]

Bangkok’s MRT Orange Line services should start in 2023 11 November 2019 The Mass Rapid Transit Authority of Thailand (MRTA) is expecting to ask the cabinet to approve the western section of the MRT’s Orange Line by the end of next month, although opinions on construction methods and operating options are still divided. While Deputy […]