Tuesday, February 18, 2020

Bids opened for U-tapao Airport project

Jan 17. 2020
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By THE NATION

Three groups of companies remain in the bidding to develop U-tapao International Airport and Eastern Airport City, with envelopes containing their financial proposals formally opened on Friday (January 17).

The third round of document submissions was ceremoniously marked in the Navy Club Building at Royal Thai Navy headquarters in Bangkok.

Rear Admiral Kirkchai Wajjanaporn, secretary-general of the bid selection committee, said the winner would be announced in March. “The contract signing will take place immediately after the Cabinet endorses the result.”

Vying for the contract are BBS Joint Venture, the Grande Consortium and, despite a legal challenge over earlier documents being submitted minutes too late, the Charoen Pokphand (CP)-led Thana Holding Consortium.

A selection committee source said BBS appeared to have pitched the best proposal price by far, pledging Bt301 billion in returns to the state – three times the amount cited by the other two bidders.

BBS Joint Venture includes Sino-Thai Engineering and Construction, Bangkok Airways and BTS Group Holdings.

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