INTERNATIONAL – CONSTRUCTION TAKEOVER Aecom buys Davis Langdon for £204m Takeover after months of negotiations ends the independence of one of UK industry’s biggest names Aecom has announced the takeover of Davis Langdon in a deal worth $324M (£203.6m), ending the independence of one of the most established names in the UK construction sector.
Continue ReadingConstruction of third Lao-Thai bridge on track Recent rainfalls have not disrupted construction of the third Lao-Thai Friendship Bridge because the most important part of the structure has already been completed, said the project’s coordinator.
Continue ReadingTonson banking on Rama III revival Tonson Property Co, a developer owned by the Ratanarak family, is confident in the potential of the Rama III area as the focus of its new developments over the next three years. The company is planning at least three developments there and has a land bank with around six […]
Continue Reading
China will invest in Thailand’s high-speed train Thailand’s Deputy Prime Minister Suthep Thaugsuban on Wednesday reported to the Cabinet the success of his recent visit to China, saying that the neighbour to the north has agreed to invest in Thailand’s first high-speed railway and provide funding to the development on the Thai rail link system. […]
Continue ReadingThailand‘s energy minister rejects protests against drilling for oil near resort island Samui Thailand plans to move ahead with oil exploration off the coast of the popular tourist island of Samui despite protests from environmentalists and pleas from the tourism industry, its energy minister said Thursday. “I believe that energy and tourism can move forward […]
Continue ReadingThailand‘s energy minister rejects protests against drilling for oil near resort island Samui Thailand plans to move ahead with oil exploration off the coast of the popular tourist island of Samui despite protests from environmentalists and pleas from the tourism industry, its energy minister said Thursday. “I believe that energy and tourism can move forward […]
Continue ReadingSingapore is priciest country in Asia for construction Singapore is the most expensive country in Asia and the tenth most expensive country in the world in which to do construction, according to an international report on construction prices. The International Construction Cost Report released by asset management company EC Harris said that construction in Singapore […]
Continue Reading
Thailand halts new solar proposals as sector ‘overheats’ The year-round tropical climate of the Southeast Asian state has spurred the growth of solar-energy facilities, and projects scheduled for completion by 2022 have now hit a total on-grid capacity of 2.97GW.
Continue ReadingSuntech wins supply contract for 44MW solar plant in Thailand China’s Suntech Power Holdings has clinched a deal to supply 34.5MW of solar panels into Thailand for the first phase of a 44MW solar power plant.
Continue ReadingTHAILAND – WIND ENERGY Pro Ventum and GE Collaborate for Wind Farm Construction in Thailand German wind developer Pro Ventum International is teaming up with GE to build a 90-megawatt wind farm about 250 kilometers northeast of Bangkok. A memorandum of understanding (MOU) was signed today for GE to supply 36 2.5-megawatt wind turbines to […]
Continue Reading