Industries
Construction
Environmentalists’ objections convince Shan parliament to reconsider building site
The speaker of the Shan State legislature has pledged to reconsider the location for the construction of a new regional parliamentary building after environmental activists voiced objections to the proposed site in the state capital of Taunggyi. Those in opposition to the plan launched a signature ...
EU asks gov’t to cancel Mondulkiri border crossing plan
The EU has called on the government to kill plans for a controversial border checkpoint in the Mondulkiri Protected Forest that has drawn the ire of conservationists since it was first mooted two years ago. At a meeting with Interior Minister Sar Kheng on August 9, ...
HCM City makes property mortgage details public
Recently the Hồ Chí Minh City Department of Natural Resources and Environment published a list of 77 apartment projects that have been registered as mortgaged at land registration offices. The list has been submitted to relevant offices in the city as well as uploaded on the ...
Yangon govt orders safety modifications to high-rise buildings under construction
Despite complaints from developers, a review committee for the construction of high-rise buildings has ordered safety modifications to 12 structures, stating that failure to follow Rangoon’s updated urban planning standards could cause harm to the city and its residents. Ye Min Oo, the review committee’s spokesperson, ...
Farmers urge region government to restart Southwest New City project
A farmers group is pressing local authorities to resurrect the controversial Southwest New City project. Though the three companies selected to build the new city were ready to proceed on the basis of approval from the outgoing Yangon Region government, the incoming National League for ...
No progress on new Vientiane-Champassak highway
One year has passed but the new Vientiane-Champassak highway survey and design has not progressed following a Chinese company signing an agreement with the Ministry of Public Works and Transport. “We are now writing a letter to the company informing them that if they cannot perform ...
Giant projects to kick off in Thu Thiem
Since Thu Thiem development scheme was released, investors have flocked to this region. Many billion USD estate projects have been proposed. In mid-May 2016, a group of American companies proposed a $4 billion project in Thu Thiem in Ho Chi Minh City. The investors consist of ...
Deal to develop QSNCC reached
The Treasury Department has come to an agreement with liquor tycoon Charoen Sirivadhanabhakdi, the owner of N.C.C. Management & Development Co, for the second phase of the upgrade of Queen Sirikit National Convention Center. All issues including investment size, the concession period and the overall trajectory ...
B70bn loan offer for affordable housing
Thailand’s Finance Ministry plans to offer 70 billion baht in pre- and post-financing loans for its affordable housing scheme under the Pracha Rat (People’s State) initiative, finance permanent secretary Somchai Sujjapongse said. Of the total, 40 billion baht will be for post-financing and the remaining 30 billion ...
Low-cost homes capped at B250m
Thailand’s Treasury Department estimates that investment in each low-rise condominium project with 500 units under the government’s cheap housing scheme will not exceed 250 million baht, its chief says. Each condo unit with a 23-24-square-metre space will cost 500,000 baht, said Chakkrit Parapuntakul, director-general of the Treasury ...
