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 outer ring road. The scheme will be financially supported by the Thailand Future Fund, which currently holds 44.8 billion baht. CNA consists of China State Construction Engineering Corp, Nawarat Patanakarn Plc, AS Associated Engineering Co. CPT encompasses China Harbour Engineering Co, Thipakorn Co, Buriram Thongchai Construction Co and Unique Engineering and Construction Plc. The third contract, which covers a distance of 5km, saw another consortium with a Chinese partner offer the lowest bid of 6 billion baht on the reserve price of 6.9 billion baht.

Source: Bangkok Post May 21, 2019 21:45 UTC