Italian-Thai aims to conclude Myanmar's Dawei financing in 2012

Italian-Thai Development Pcl, Thailand’s largest construction firm, said on Monday it expected to reach a conclusion in 2012 on how it would finance the Dawei deep sea port and infrastructure projects in Myanmar. Loss-making Italian-Thai has no plan to raise funds via an equity issue, but it planed to convert some land into capital and […]

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Italian-Thai aims to conclude Myanmar’s Dawei financing in 2012

Italian-Thai Development Pcl, Thailand’s largest construction firm, said on Monday it expected to reach a conclusion in 2012 on how it would finance the Dawei deep sea port and infrastructure projects in Myanmar. Loss-making Italian-Thai has no plan to raise funds via an equity issue, but it planed to convert some land into capital and […]

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Thai PTTEP wins bid for 2 Myanmar oil blocks – says minister

Thailand’s PTT Exploration and Production Pcl has won bids for two onshore petroleum blocks in Myanmar, Thai Energy Minister Pichai Naripthanphan said on Wednesday. “We won two, that’s for sure,” Pichai told reporters, adding that the blocks were close to the capital, Naypyitaw. Pichai returned to Thailand late on Tuesday after accompanying Prime Minister Yingluck […]

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Myanmar opens international airport in new capital

Myanmar opened a new international airport in its capital Naypyitaw Monday, with regional leaders the first to use the new facility that will handle up to 65,000 flights per year. Naypyitaw International Airport will be Myanmar’s third international facility after Mandalay and the commercial capital Yangon. The airport was developed by Burmese construction company Asia […]

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Malaysia's New engineering measurement standards to improve project delivery, say players

Industry players believe that the introduction of the ‘Malaysian Civil Engineering Standard Method of Measurement’ by the Construction Industry Development Board (CIDB) will improve project delivery. Quantity surveyor MCM Value Sdn Bhd’s (MCM Value) president Mohd Mazlan Che Mat said the document – set at almost to the international standard – would guide the construction […]

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Malaysia’s New engineering measurement standards to improve project delivery, say players

Industry players believe that the introduction of the ‘Malaysian Civil Engineering Standard Method of Measurement’ by the Construction Industry Development Board (CIDB) will improve project delivery. Quantity surveyor MCM Value Sdn Bhd’s (MCM Value) president Mohd Mazlan Che Mat said the document – set at almost to the international standard – would guide the construction […]

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Thai firm signs agreement to start wind power project in southeast Myanmar

THE Department of Electric Power under the Ministry of Electric Power 2 and Thailand’s Gunkul Engineering Public Co signed a memorandum of understanding for the development of a 1000-megawatt (MW) wind power project on November 2. The signing ceremony was attended by the deputy ministers of the Ministry of Electric Power No 1 and 2, […]

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Thai Ratchaburi to build power plants in Myanmar's Dawei

Thailand’s Ratchaburi Electricity Generating Holding Pcl said it planned to spend 12 billion baht ($390 million) next year on continuing investments and new ventures, including power plants in Myanmar’s Dawei project. The country’s largest private power producer signed an agreement with Italian-Thai Development Pcl to build coal-fired power plants with a combined capacity of 4,000 […]

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