Sunday December 17, 2017 15:02

CONSTRUCTION Press Releases

Photo Release: Chonburi Clean Energy gives Marubeni Corporation go-ahead to begin work on Industrial Waste-to-Energy Power Plant construction Stcoks—13 Dec 17

Recently, Mr. Wisate Chungwatana (middle right), Chief Executive Officer of WHA Utilities and Power PLC., Mr. Brendan Wauters (left), Chief Executive Officer of Glow Group, Mr. Etienne Frouin (right), Execution Director of Recycling and Recovery of SUEZ

Yangzhou Urban Construction Assigned #BBB# Rating With Stable Proposed Senior Unsecured Notes Rated #BBB# Stcoks—08 Dec 17

HONG KONG--8 Dec--S&P Global Ratings

HONG KONG (S&P Global Ratings) Dec. 8, 2017--S&P Global Ratings today assigned its 'BBB' long-term corporate credit rating to Yangzhou Urban Construction State-owned Assets Holding (Group) Co. Ltd. (YZUC). The outlook is stable. We also assigned our 'BBB' issue rating to the company's proposed senior unsecured notes.

YZUC is a China-based local government investment and financing vehicle of the Yangzhou municipal government. We expect YZUC to use the proceeds of the U.S.-dollar-denominated notes to refinance existing debt obligations, as well as for general corporate purposes. Our issue rating on the notes is subject to our review of the final issuance documentation.

The creditworthiness of the Yangzhou municipal government, YZUC's sole owner, underpins the rating on the company. The rating also reflects our expectation of an almost certain likelihood of timely and sufficient extraordinary government support to YZUC in the event the company experiences financial distress. The rating is five notches above the company's stand-alone credit profile (SACP) of 'b+'.

YZUC is a China-based local government investment and financing vehicle (LGFV) that is primarily responsible for key urban infrastructure construction, primary land development, and welfare housing construction in Y

Huawei Marine and Tropical Science Commences Work on the Construction of the PEACE Submarine Cable IT—06 Dec 17

Huawei Marine today announced it has commenced work on Desk Study and Marine Survey works in conjunction with key investor Tropic Science Co., Ltd. (Tropical Science) to construct the Pakistan East Africa Cable Express (PEACE) submarine cable, which

GULF Reaches 1st Trading Day on 6 Dec, Tipped to Meet Gas-Fired Power Plant Construction Stcoks—06 Dec 17

Gulf Energy Development, one of Thailand's major independent power producers, will have its first trading day on 6 December. An enthusiastic welcome from institutional and retail investors is expected due to confidence in the company's plan for the

The Luxury Building and Construction Exhibition Housing Brand Fair 2018 Will be Held on January General—04 Dec 17

- The Housing Brand Fair is a large and luxurious building and construction exhibition in Seoul Housing Brand Fair, a building and construction exhibition showing the latest architectural trends, will be held in 2018. The 14th Housing Brand Fair is a

The Largest Building and Construction Exhibition, 2018 KOREA BUILD Is Recruiting Participating General—04 Dec 17

Celebrating its 33rd anniversary, 2018 KOREA BUILD, a featured exhibition for architecture, construction and interior design with the longest tradition in Korea, will be held at KINTEX from February 22 (Thurs) to February 25 (Sun). The available list of

GULF Reaches 1st Trading Day on 6 Dec, Tipped to Meet Gas-Fired Power Plant Construction Stcoks—04 Dec 17

Gulf Energy Development, one of Thailand's major independent power producers, will have its first trading day on 6 December. An enthusiastic welcome from institutional and retail investors is expected due to confidence in the company's plan for the

XCMG#s Global Excellent Operator Program Kick Starts New Chapter in Professional General—28 Nov 17

XCMG, the world's leading construction machinery manufacturer, has commenced the fifth class in its Global Excellent Operator training program (the Program), offering 54 trainees the opportunity to improve their professional skills by studying under

Bangkok Bank approves credit line of Baht 2 billion to support #Vanachai Panel to build new Stcoks—21 Nov 17

Bangkok Bank approved a credit line of Baht 2 billion to 'Vanachai Panel' for construction of a new particle board factory in Surat Thani (PB-3 project) to increase its capacity to produce high-quality and environmentally-friendly particle board to meet

China State Construction International #BBB# Rating Outlook Stable Stcoks—20 Nov 17

HONG KONG (S&P Global Ratings) Nov. 20, 2017--S&P Global Ratings today affirmed its corporate credit rating on China State Construction International Holdings Ltd. (CSCI) at 'BBB'. The outlook is stable. We also affirmed the 'BBB' issue rating on

Chonburi Clean Energy has launched construction for the Waste-to-Energy Project in Stcoks—20 Nov 17

Chonburi Clean Energy (CCE), a joint venture company established by WHA Utilities and Power Plc, Glow Energy Plc and SUEZ has given Marubeni of Japan the go ahead for the construction of a 8.63 -MW industrial-waste-to-energy power plant, to be built

IMF Executive Board Concludes 2017 Article IV Consultation with Maldives Stcoks—17 Nov 17

On October 20, 2017, the Executive Board of the International Monetary Fund (IMF) concluded the Article IV Consultation [1] with Maldives. Maldives' economic growth has been highly volatile, driven primarily by high-end tourism and construction. The

Applied DB or ADB expands to new foreign markets and moves to increase production of adhesive and Stcoks—09 Nov 17

Applied DB Public Company Limited or ADB, the leader in adhesive, sealant and plastic compound, targets new markets overseas and is accelerating the construction of a new factory that is expected to be completed and ready for operation in the fourth

XCMG#s Intelligent Manufacturing Capabilities Speed Up Production Time By 83 General—09 Nov 17

XCMG, the world's leading construction machinery manufacturer, has presented the company's latest achievement in Intelligent Manufacturing (IM) has boosted production efficiency by 32.5 percent and lowered energy consumption turnover during production by

Photo Release: EXIM Thailand Finances Construction of DOHOME Co., Ltd.s Distribution Center to Stcoks—07 Nov 17

Mr. Pisit Serewiwattana (center), President of Export-Import Bank of Thailand (EXIM Thailand), recently signed a loan facility agreement worth 112 million baht at EXIM Thailand's Head Office with Mr. Adisak Tangmitrphracha (left), Chairman of DOHOME Co.,

$400 Million for the Reconstruction of Mosul and Newly Liberated Areas in Stcoks—01 Nov 17

Washington, October 31, 2017- The World Bank approved a US$400 million financial assistance package today to support the recovery, reconstruction and rehabilitation of priority infrastructure to restore delivery of public services in areas of Iraq newly

Shanxi Road Bridge Ratings Lowered To #BB-# On Reduced Likelihood Of Government Outlook Stcoks—31 Oct 17

SINGAPORE (S&P Global Ratings) Oct. 31, 2017--S&P Global Ratings lowered its corporate credit rating on Shanxi Road & Bridge Construction Group Co. Ltd. (SXRB) to 'BB-' from 'BB'. The outlook is stable. We have also lowered the rating on the

First XCMG Hope Primary School Opens in Cameroon General—27 Oct 17

XCMG, the world's leading construction machinery manufacturer, has opened the first XCMG Hope Primary School ("the School") in Aliete Yehombo village, Cameroon, bringing educational resources to the remote Nemeyong region of the African country. The

BuildTech Asia 2017 cements position as the gateway into Asia#s built environment Properties—25 Oct 17

The 7th edition of BuildTech Asia was officially opened by Mr Desmond Lee, Minister for Social and Family Development and Second Minister for National Development on October 24. Organised by Sphere Exhibits and hosted by the Building and Construction

Outlook On CIMIC Group Ltd. Revised To Negative Following Similar Action On #BBB/A-2# Ratings Stcoks—24 Oct 17

MELBOURNE (S&P Global Ratings) Oct. 24, 2017--S&P Global Ratings said today that it had revised the outlook to negative from stable on CIMIC Group Ltd., an Australian engineering and construction (E&C) company. At the same time, we affirmed

Salini Impregilo Proposed Senior Unsecured Notes Assigned #BB+# Issue Rating And #4# Recovery Stcoks—18 Oct 17

MILAN (S&P Global Ratings) Oct. 18, 2017--S&P Global Ratings said today that it has assigned its 'BB+' issue rating to the proposed about €400 million senior unsecured notes due in 2024 to be issued by Italian construction company Salini

Elion Resources Group Co. Ltd. Assigned #B# Outlook Stable Stcoks—16 Oct 17

HONG KONG (S&P Global Ratings) Oct. 16, 2017--S&P Global Ratings today assigned its 'B' long-term corporate credit rating to Elion Resources Group Co. Ltd. The outlook is stable. Elion Resources mainly engages in engineering and construction

Photo Release: SGF (Thailand) Breaks Ground at Hemaraj Eastern Seaboard Industrial Estate Properties—12 Oct 17

A groundbreaking ceremony was held recently to start the construction of a cutting-edge production plant for SGF, Germany's active supplier for automotive and industrial customers and worldwide leader in its segment of the market (flexible couplings for

Shinwa eyes more investment in Thailand Aim to turn itself to become distributor of Sigma Beam Properties—11 Oct 17

Japanese developer Shinwa Group plans to expand its investment in the building and construction industry in Thailand soon after the successful launching of the first ever condominium project Runesu Thonglor 5 this year in Bangkok. Mr.Tomoyasu Yamabe and

Movenpick Hotels Resorts Sub-Saharan Africa expansion campaign gains momentum as work on first Lifestyle—11 Oct 17

Mövenpick Hotel Abidjan set to open in 2020 as Swiss hospitality firm confirms ambitious plans for the high-growth potential region Mövenpick Hotels & Resorts has marked another milestone in its Africa expansion strategy with construction

LEED GRANTED CERTIFIED LEVEL TO 98 WIRELESS 98 Wireless Becomes Thailands First Residential Properties—05 Oct 17

98 Wireless, Sansiri's latest flagship condominium project unveiled earlier this year, has been awarded LEEDฎ green building program at Certified level. LEED is the foremost program for the design, construction and operation of green buildings.More than

มหกรรม BuildTech Asia 2017 โชว์เทคโนโลยีใหม่ล่าสุดและโซลูชั่นอัจฉริยะ บ้าน/คอนโด—05 Oct 17

มหกรรม BuildTech Asia ครั้งที่ 7 จะเปิดฉากขึ้นอีกครั้งระหว่างวันที่ 24-26 ตุลาคมนี้ ณ Singapore Expo ฮอลล์ 3 โดยจัดขึ้นพร้อมกับงาน Singapore Construction Productivity Week (SCPW) ทั้งนี้ มหกรรมดังกล่าวจัดขึ้นโดย Sphere Exhibits Pte Ltd และมี Building and

mai welcomes contractor Chiangmai Rimdoi on October 5 Stcoks—04 Oct 17

Market for Alternative Investment (mai) will list Chiangmai Rimdoi pcl, a building construction, common infrastructure and utility system contractor, on October 5, under the ticker symbol "CRD". The company has a market capitalization at its initial

1700 construction machinery exhibitors ready for the 122nd Canton Fair General—02 Oct 17

The 122nd China Import and Export Fair (Canton Fair), the largest trade fair in China held biannually in Guangzhou, will host the phase one exhibition from October 15 to 19, highlighting 1,700 exhibitors in the construction machinery sector. The booming

ภาพข่าว: พิธีลงนามข้อตกลงความร่วมมือในการพัฒนาโครงการนิคมอุตสาหกรรมจังหวัดระยอง บ้าน/คอนโด—29 Sep 17

เมื่อวันพุธที่ 13 กันยายน 2560 เวลา 15.30 น. คุณสุนทร อรุณานนท์ชัย กรรมการผู้จัดการใหญ่และประธานคณะผู้บริหาร บริษัท ซี.พี.แลนด์ จำกัด (มหาชน) และ Mr. Jin Ningyun, Chairman of the Board and the Secretary of the Party Committee of Guangxi Construction