Thailand: Suvarnabhumi upgrade contract approved

The Airports of Thailand (AoT) board Wednesday awarded a 14.2b-baht contract to PCS Joint Venture to carry out a key part of Suvarnabhumi airport's upgrade. The Thai-Chinese consortium, comprising Power Line Engineering and China Construction Engineering Thailand, beat out two other bidders<br/>vying to build the first midfield concourse building (levels 2-4) and the connection to the southern tunnel (sub-structural works). PCS Joint Venture's quote was 12% below AoT's reference price and lower than those of Italian-Thai Development Plc and UQSY Consortium, which consists of Unique Engineering & Construction Plc and Ssangyong Engineering and Construction of South Korea. The contract is one of several major deals awarded by AoT for work related to the long-delayed expansion of Thailand's overcrowded gateway airport.<br/>
Bangkok Post
http://www.bangkokpost.com/business/tourism-and-transport/1311903/suvarnabhumi-upgrade-contract-approved
8/24/17