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Bangkok contract.

A consortium led by Italian-Thai Development pie (ITD) and two Japanese contractors has been awarded the contract to build runways at Bangkok's new Suvarnabhumi International Airport. Construction is due to be completed by April 2005. In a statement to Thailand's stock exchange, ITD said that the consortium, lOT Joint Venture, would be signing the contract with the New Bangkok International Airport Co (NBIA). The two Japanese firms are Obayashi Corp, one of Japan's four biggest general contractors, and Takenaka Corp. The Bangkok Post said the lead company declined to give further details, but NBIA said in April that the ITD group had tendered the best bid for the job, worth Baht 7.44 billion ($179.28 million), significantly lower than the Baht 8.59 billion ($206.99 million) reference price. (KN)
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Title Annotation:Consortium led by Italian-Thai Development gets contract to build runways at Bangkok's new Suvarnabhumi International Airport; Asia/Pacific
Comment:Bangkok contract.(Asia/Pacific)(Consortium led by Italian-Thai Development gets contract to build runways at Bangkok's new Suvarnabhumi International Airport)
Publication:Airports International
Article Type:Brief Article
Geographic Code:9JAPA
Date:Aug 1, 2003
Words:131
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