ITD Announces Market Earning 6.5 Billion Thai-Chinese High Speed ​​Trains



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“ITD” announces that the market will win a Thai-Chinese high-speed train fair of 6.5 billion. “Don Mueang-Nava Nakorn”

Journalists reported that on March 29, 2021 Plc. Italian-Thai. Development (ITD) issued a notice to the Thailand Stock Exchange regarding the signing of the contract for the construction of the Thai-Chinese Railway Project, Contracts 4-4, Civil Works for the Chiang Rak Noi Maintenance Center.

Italian-Thai Public Company Limited clarified that on March 29, 2021, the Company signed an agreement with the Railway of Thailand (SRT) to build a cooperation project between the governments of Thailand and China. In the development of high-speed rail systems to connect the region, Bangkok – Nong Khai, Phase 1, Bangkok – Nakhon Ratchasima, Contract 4-4 civil works for the Chiang Rak Noi repair center Total project value 6,573 million baht (VAT included) with a contract period of 1,080 days.

The nature of the construction consists of 1. Construction of the railway track at ground level at the repair center. 2. Construction works at the repair center Includes connecting roads, consisting of buildings, railway maintenance system, 19 buildings / building control system, management and training system 4 buildings / buildings for road maintenance system 8 buildings 3. Road construction, drainage system, demolition work and various public services. And other work necessary for the project.

SRT Governor Nirut Maneepun Told “Prachachat Business” that the problem of contract No. 4-2, Don Mueang-Navanakorn, distance 21.8 km, the price is 10.917 million baht, originally a joint venture SPTK ( consisting of Sino Hydro Co., Ltd. Engineer and Tipakorn Co., Ltd.) is the lowest proponent of Rara at 8.626 million baht, but there is no price position as specified by SRT.

Will propose to the Board of Directors (Board) to consider inviting the next lowest bidder to negotiate, which is Unique Engineering and Construction Public Company Limited.



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