Search Results for: development projects
- Thailand News
PM Srettha monitors Bangkok canal development projects
Prime Minister Srettha Thavisin has taken a hands-on approach to ensure the success of a monumental development project in celebration of His Majesty the King’s 72nd Birthday or 6th Cycle Anniversary on July 28. The ambitious Klong Ong Ang and Klong Bang Lamphu project, one of 10 initiatives aimed at rejuvenating Bangkok, has been hailed for transforming the cityscape, making…
- News
Investors continue buying up Phuket development projects, land prices increasing
President of Phuket Real Estate Association (P-REA), Boon Yongsakul says, “Real estate investment in Phuket is continuing to grow. We are sure that this year’s investment is growing more than last year.” “Phuket has a very beautiful natural environment and Phuket local people are very nice. More foreign tourists continue to visit Phuket. Investors, both Thai and foreigners, are continuing…
- Phuket News
Bt126m funding for Phuket development projects
PHUKET: The central government has approved some 126 million baht for Phuket development projects to be carried out during Fiscal Year 2011, which starts on October 1, 2010. Five Andaman coast provinces were allocated more than 641 million baht in total for local development projects. Trang had the most funding, 140 million baht, followed by Krabi (Bt135m), Phuket (Bt126m), Phang…
- Phuket News
Phuket gets THB 10 billion for development projects
PHUKET CITY: Cabinet has approved a 2010 budget that includes ten billion baht (approx US$ 295 million) in funding for Phuket under the Finance Ministry’s ‘Thai Khem Khaeng’ (Strong Thailand) stimulus package. The new budget green lights projects intended to solidify Phuket’s position as one of Southeast Asia’s leading tourist destinations. Highlights of the plan include a major airport expansion,…
- Thailand News
Bangkok rail projects transfer: Administration shifts major developments to MRTA
In a bid to shift focus towards improving the quality of life and education for citizens, the Bangkok Metropolitan Administration (BMA) is set to transfer responsibility for three new monorail and light rail transit projects to the Mass Rapid Transit Authority (MRTA). These Bangkok rail projects, estimated at over 150 billion baht, were disclosed by Chadchart Sittipunt, the governor of…
- Press Room
Development Management Group celebrates 25 Years of delivering sustainable projects in Phuket
Press Release Phuket villa sales and hospitality developments are booming right now. If you are planning to buy or develop in the area growth market, you are already a smart investor. There are many sound financial and attractive lifestyle reasons to invest in the region. And, in the current seller’s market, the smart buyer is wise to engage professional advocacy…
- Business News
Transport Ministry execs visit Phuket to boost economic development
Senior executives from the Ministry of Transport gathered at Phuket Provincial Hall yesterday, engaging in a two-day study tour aimed at boosting economic development in the region through transportation initiatives. This initiative, part of a broader training programme organised by the Ministry of Transport, targets government officials and employees from state enterprises. Running from May 27 to August 16, the…
- Phuket News
Phuket’s inadequate infrastructure development raises concerns
Inadequate infrastructure development in Phuket is struggling to match the island’s rapid urbanisation and severe flooding, tarnishing its reputation. The government’s failure to allocate sufficient budget and upgrade public facilities as promised is a significant concern. The President of the Phuket Tourist Association, Thaneth Tantipiriyakij, highlighted that 60% of tourists are first-time visitors who might not return if infrastructure issues…
- Technology News
Thailand’s emerging innovative towards smart city development
Envision a metropolis that not only embodies the concept of smartness but also intelligent and innovative sophistication. This city incorporates a flawless fusion of advanced technology, sustainable practices, and an enhanced quality of life. This futuristic paradigm is now the established vision for Thailand’s urban evolution. The nation’s Board of Investment is firmly committed to transforming Thailand into a dynamic…
- Thailand News
Government to advance 47 billion baht in PPP projects this year
Government investment projects under public-private partnerships (PPP) are set to advance this year, nearing the target of 47 billion baht, as projected by the State Enterprise Policy Office (Sepo). Sepo’s director-general, Tibordee Wattanakul, mentioned that the PPP investments are expected to alleviate the government’s fiscal responsibilities. By February, the PPP Committee had sanctioned 18 billion baht for fiscal 2024, focusing…
- Thailand News
Chadchart signs MOU on renewable energy projects in Bangkok
Bangkok has taken a significant step towards becoming a smart city, with the signing of a memorandum of understanding (MOU) between Bangkok Governor Chadchart Sittipunt and Metropolitan Electricity Authority (MEA) Governor Wilas Chaloeysat. The agreement, formalised yesterday, aims to advance smart city development and renewable energy projects in Thailand’s bustling capital. Chadchart stressed the importance of sustainable energy and efficiency,…
- Press Room
SynergyLabs ICP Hub accelerator program 2024: Empowering Web3 projects
Are you an entrepreneur or developer with a groundbreaking idea or early-stage project in the blockchain space? The Internet Computer Protocol (ICP) ecosystem is buzzing with excitement, and the SynergyLabs ICP Hub Accelerator Program 2024 is your gateway to transforming your vision into a market-ready reality. As the first Web3 ICP accelerator in Thailand, SynergyLabs provides comprehensive support to blockchain…
- Education
Implementing Solar Energy projects in Thai School curriculums
Get ready for a future where every Thai school isn’t just an educational institution, but also a super cool mini power plant, drinking up the sun’s energy for all their needs. This isn’t just a wild fantasy, folks, it’s a thrilling reality that’s within arm’s reach, thanks to the empowering potential of solar electricity generation. Thailand’s electricity industry is stepping…
- Business News
Syntec construction prioritises data centre projects
Public traded contractor Syntec Construction formed a dedicated team to manage the growing demand for data centre construction projects, particularly from industry heavyweights. This initiative is part of Syntec’s business strategy for this year, which prioritises bids for data centre construction owing to their heightened demand across the industry, according to Chief Executive, Somchai Sirilertpanich. The company has expanded its…
- Thailand News
Chinese government awards US$4.1m for local projects in Thailand
A robust financial boost of US$4.1 million, equivalent to 151 million baht, is being awarded by the Chinese government to 18 local projects in Thailand. This generous funding is being dispensed under the 2021 Mekong-Lancang Cooperation Special Fund (MLCSF), as revealed by the Ministry of Foreign Affairs (MFA). A total of 106 projects were put forth for consideration by government…
- Business News
Italian-Thai development grapples with liquidity crisis amid scandals
Thailand’s leading construction firm, Italian-Thai Development Plc (ITD), is grappling with a liquidity crisis that has alarmed investors, regulators, and rating agencies. This scenario follows a series of local corporate scandals and debt defaults that have already unnerved the market. ITD confirmed yesterday, March 13, that it is seeking new loans from banks to alleviate the current cash crunch that…
- Business News
Thai government plans six flagship AI projects in national strategy
Six flagship projects, including the development of an artificial intelligence (AI) workforce and the Thai large language model (ThaiLLM), are on the cards for the second phase of the national AI strategy and action plan. The initiation of these projects is pending approval from a new National AI Committee, appointed by Prime Minister Srettha Thavisin. An estimated budget of 1.5…
- Thailand News
PM Srettha to stress infrastructure projects at ASEAN-Australia Summit
Thailand Prime Minister Srettha Thavisin is set to highlight the nation’s infrastructure advancements, particularly the Land Bridge and Eastern Economic Corridor (EEC) projects, at the 2024 ASEAN-Australia Special Summit continuing until tomorrow, according to an official government representative. Government spokesperson Chai Wacharonke announced yesterday that the Thai prime minister will also seek to strengthen collaboration in logistics, capitalisation of Free…
- Phuket News
Chalong council proposes 132 million baht infrastructure projects
The bustling municipality of Chalong, in Phuket, held its inaugural council meeting of the year. On the agenda, a series of extensive projects requiring a hefty 132 million baht in funds were proposed. One of the standout projects includes an ambitious 28 million baht plan to revamp the well-trodden Soi Palai. The meeting was held at the municipal offices of…
- Thailand News
Thailand’s State Audit Office to streamline large-scale govt projects
In a recent development, the State Audit Office (SAO) of Thailand announced the inauguration of a new section dedicated solely to auditing large-scale government projects. This new initiative will come into effect from April 1, as per the announcement made by the State Audit Commission in the Royal Gazette last month. The SAO Auditor-General, Prajuck Boonyoung, highlighted the necessity of…
- Business News
Mobile Cabinet allocates 552 million baht for Andaman Coast development
A total of 552 million baht (US$15 million) has been allocated by the mobile Cabinet towards the development of 18 new projects across six southern provinces on the Andaman Coast. Prime Minister Srettha Thavisin announced yesterday, January 23, after a Cabinet meeting in Ranong. The projects, proposed by the Joint Public and Private Sector Consultative Committee responsible for the southern…
- Phuket News
Phuket eyes 50 million baht funding for critical environmental projects
A sense of optimism is in the air as Phuket Governor Sophon Suwannarat expressed confidence that the province would secure funding for two critical environmental projects. These projects are part of the emergency budget deliberations at the mobile Cabinet meeting in Ranong. The governor elucidated that each province has an allocation of 50 million baht under consideration. The funds are intended…
- Chiang Mai News
Thai prime minister tours royal projects to boost agriculture sector
The Prime Minister of Thailand embarked on a tour of royal initiative projects in Chiang Mai on Saturday. PM Srettha Thavisin’s visit forms part of a broader government strategy to boost the nation’s agricultural sector and strengthen farming communities. Accompanying the prime minister were high-ranking state officials and leaders from the private sector. The entourage comprised Interior Minister Anutin Charnvirakul, Thai…
- Press Room
Retired Banyan Tree Holdings Senior Executive Ravi Chandran champions positive social impact projects in Thailand
Former CEO of Laguna Phuket, Ravi Chandran, has been busier than ever following his retirement after 25 years at Banyan Tree Holdings. Despite plans for a quiet retirement, the explosive growth in the hospitality and real estate sectors amid the aftermath of the Covid-19 pandemic, coupled with Chandran’s respected business reputation, have had him in high demand. Now busy with…
- Thailand News
Water management advancements: Irrigation department propels development
The Irrigation Department is pushing forward with the development of the Lower Huai Luang Basin and the Huai Pue Dam project to enhance water management capabilities and mitigate drought and flooding. Sunthorn Kamsee Mueang, director of the Office of Large Irrigation Construction Office No. 5, along with Irrigation Department officials and the media, visited the project site in Phon Pisai…
- Business News
UHG announces 3.1 billion baht investment in new Thai hotel developments
UHG, a prominent developer of hotels and offices, has announced plans to invest 3.1 billion baht in the construction of two new hotels in Ramkhamhaeng and Phaya Thai. The investment supports UHG’s strategy to capitalise on the potential of these areas and cater to the high demand experienced by its nearby hotels. Wutthiphon Taworntawat, the managing director, highlighted the strategic…
- Thailand News
MRTA advances 220 billion baht mass-transit projects in Bangkok and Phuket
The Mass Rapid Transit Authority of Thailand (MRTA) is set to implore the Transport Ministry to advance three significant mass-transit projects in the regions of Bangkok and Phuket. The ambitious trio of projects come with an estimated investment value of approximately 220 billion baht. Pakapong Sirikantaramas, the governor of MRTA, declared yesterday that these projects include the Orange and Brown…
- Thailand News
Thai government’s multi-billion baht transport projects boost Andaman coast tourism
The Thai government has launched multiple transport infrastructure projects in Phuket, a southern island province, aiming to stimulate tourism in the Andaman coast region. rime Minister Srettha Thavisin inspected the ongoing projects on Friday. These are being coordinated by the Transport and Tourism and Sports departments, headed by Suriya Jungrungreangkit and Sudawan Wangsuphakijkosol respectively. Government spokesperson Chai Wacharonke reported that…
- Thailand News
Phuket Chamber President awaits PM’s swift action on 3000 million baht projects
Phuket’s Chamber of Commerce President is keenly awaiting the immediate action of Thailand’s 30th Prime Minister, Srettha Thavisin. There are a myriad of pressing issues regarding Phuket projects waiting to be addressed. Kongsak Khupongsakorn, confident in his province’s ongoing economic development, is ready to collaborate with all political parties. Regardless of who assumes the role of prime minister or even…
- World News
Electrifying growth: Sprouting EV projects spark green revolution in Southeast Asia
In a robust move towards a greener future, new Electric Vehicle (EV) projects are sprouting across Southeast Asia, signalling a collaborative endeavour between multiple corporations and academic institutions. The initiatives are set to deliver significant enhancements to EV infrastructure, comprehensive research, and expanded workforces. At the forefront is Evolt Technology, a firm specialising in EV charging services. The company has…
