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China wins bids to build new expressway project in Thailand

Three consortiums with Chinese partners have offered the lowest bids for three contracts to construct an expressway linking Rama III Road, Dao Khanong and the western Bangkok outer ring road, the local media reported on May 22.
China wins bids to build new expressway project in Thailand ảnh 1A corner of Bangkok (Photo: VNA)

Bangkok (VNA) – Three consortiums withChinese partners have offered the lowest bids for three contracts to constructan expressway linking Rama III Road, Dao Khanong and the western Bangkok outerring road, the local media reported on May 22.

A total of four contracts in a project worth 30billion baht (nearly 1 billion USD) have completed the bidding, according toNontajit Bangsomboon, acting deputy governor of the Expressway Authority ofThailand (Exat).

The Thailand Future Fund currently holds 44.8billion baht (1.4 billion USD) to provide financial support for the project.

As for the first contract, which covers 6.4km ofthe route, the CNA consortium offered the lowest bid of 5.8 billion baht on thereserve price of 6.9 billion baht. CNA consists of China State ConstructionEngineering Corp, NawaratPatanakarn Plc, and AS Associated Engineering Co.

The CPT consortium meanwhile offered the lowestbid of 6.4 billion baht on the second contract, which concerns a 5.3 km stretchand has a reserve price of 7.2 billion baht. CPT encompasses China HarbourEngineering Co, Thipakorn Co, Buriram Thongchai Construction Co and UniqueEngineering and Construction Plc.

The third contract, which covers a distance of5km, saw another consortium with a Chinese partner offer the lowest bid of 6billion baht on the reserve price of 6.9 billion baht. This consortium consistsof China Railway No.10 Engieering Group Co, the Civil Engineering Co andBoonchai Panich (1979) Co.

The prices quoted by bidders will be presentedto Exat’s selection committee for consideration, according to Nontajit.

The construction of the expressway will takeabout three years, he added.-VNA
VNA
#consortiums #Chinese partners #bids #contracts #expressway #Rama III Road #Dao Khanong #western Bangkok outer ring road #Nontajit Bangsomboon #acting deputy governor of the Expressway Authority of Thailand (Exat) #China State Construction Engineering Corp #NawaratPatanakarn Plc #AS Associated Engineering Co #China Harbour Engineering Co #Thipakorn Co #Buriram Thongchai Construction Co #Unique Engineering and Construction Plc #China Railway No.10 Engieering Group Co #the Civil Engineering Co #Boonchai Panich (1979) Co #Vietnamplus #Vietnam News Agency China Thailand
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