Category: Construction News

Developer Sansiri expects to improve its profit or reduce home prices by 5% after applying construction technology SET-listed developer Sansiri expects to either improve its profit or reduce home prices by 5% after applying construction technology. Chief operating officer Uthai Uthaisangsuk said construction technology is involved in everything from land acquisition to unit transfers, saving […]

Thai Government to study both projects of Thai (Kra) Canal plan and a double-track railway linking Chumphon and Ranong The state planning unit looks set to host public hearings and begin new feasibility studies of the so-called Thai Canal or 9A canal route and a double-track railway linking Chumphon and Ranong. The two development projects […]

Mesa Thai takes 21.4% stake in Raimon Land to strengthen leadership position in luxury real estate development Mr. Kris Narongdej, Chairman of the Board of Directors of Raimon Land Plc., announced that Mesa Thai Pte. Ltd. now holds a 21.4% stake in the company by acquiring 893 million shares from existing shareholders. This makes Mesa […]

Thailand’s Mass Rapid Transit Authority changes bid criteria for Bangkok’s Orange Line MRT project The governor of the Thailand’s Mass Rapid Transit Authority (MRTA) has confirmed that bid selection committee of Bangkok’s MRT Orange Line project has taken the decision to amend the bidding criteria, stating that the technical and price proposals need to guarantee […]

Pattaya pushes ahead with 2.9 billion baht “mega project” development of Bali Hai A public meeting in Pattaya chaired by deputy mayor Ronnakit Ekasingh was attended by 300 participants from the government and private sector. On the table after a study was completed is a mega-project costing almost 2.9 billion baht to develop the Bali […]

Aman’s first urban hotel and residences in Thailand rises from Bangkok’s Nai Lert private gardens Development includes 52-suite hotel, private residences Prices start at about $1.4 million, almost half already sold In the middle of Bangkok’s concrete jungle, Aman, best known for its luxury beach resorts, is building its first urban hotel and residences in […]

Country Group Development puts new projects on hold but will still open two luxury hotels in 2020 SET-listed Country Group Development is freezing new development plans in the second half but says it will still open two luxury hotels this year. Chief executive Ben Taechaubol said the company this year will focus on Chao Phraya […]

Thailand’s Prime Minister dusts off South Land Bridge plan between the Gulf of Thailand and the Andaman Sea Prime Minister Prayut Chan-o-cha on Tuesday ordered a new feasibility study into a proposal to build a land bridge between the Gulf of Thailand and the Andaman Sea, seen as a potential key part of a new […]