Myanmar News
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 […]
Continue ReadingLaos wants to start construction this year on the $3.8 billion Thai-financed Xayaburi hydropower plant on the Mekong River after changing the design to placate neighboring countries opposed to the project. Laos completed a review of the dam initiated in April to ease concerns that it would harm rice production and fish catches downstream, said […]
Continue ReadingMyanmar’s government has pledged to adequately compensate landowners along a 800-kilometre route for a rail link from China to the Bay of Bengal, reports said Sunday. Minister for Railways Aung Min said the government was determined to ensure that citizens ‘are not cheated’ by the 20-billion-dollar project. The railroad would link a deep seaport in […]
Continue ReadingPremchai Karnasuta stands on the grass-lined balcony of his 40th-floor office, surveying the Bangkok skyline as the sun sets. “We’re building that one,” he says, pointing to a hulking apartment complex. “And that one,” he adds, indicating another rising block. He pauses and waves a dismissive hand at the site. “So ugly,” he says. Karnasuta […]
Continue ReadingThailand’s new government unveiled a revised plan for the country’s high-speed train network on Tuesday, prioritising domestic rail expansion over an ambitious regional connectivity plan being spearheaded by China. Prime Minister Yingluck Shinawatra announced during her inaugural policy speech to parliament that three routes would be constructed linking Bangkok with urban centres in the north, […]
Continue ReadingA feasibility study on the construction of a 257km railway linking Cambodia and Viet Nam shows it will cost at least US$686 million. The railway will be part of an intra-Asian railway that runs from Singapore to China via Malaysia, Myanmar, Thailand, Laos, Cambodia and Viet Nam. Under a scheme announced in 2008 to develop […]
Continue ReadingItalian-Thai in talks to sell an additional 3,600 megawatts of power to EGAT from the plant Italian-Thai Development PCL President Premchai Karnasuta said Wednesday the investment cost of a planned infrastructure project in Myanmar is likely to be less than the $8 billion it had expected. He said the firm’s financial adviser, Siam Commercial Bank […]
Continue ReadingMechanical diggers on the pristine beaches near the sleepy fishing town of Dawei are a sign that change is coming to the remote corner of Myanmar — but not necessarily for the better. The area has been chosen for a vast port complex that is the latest example of how foreign investment from Asian allies […]
Continue ReadingMissing links in Thai hub plan Thailand has long aimed to establish itself as a regional trade and investment hub, leveraging into the country’s central Southeast Asian geography and East meets West openness. While a political push and expanding regional trade has given new life to those ambitions, its not clear to most analysts Thailand […]
Continue ReadingThe Kunming-Singapore High-Speed Railway began construction on April 25. The railway will shorten the travel time between Kunming and Singapore to only a little more than 10 hours in the future. The Chinese government expects the railway to be put into operation by 2020. The line, starting from Kunming, capital of Yunnan Province; passes Mohan, […]
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