Pylon lays foundation
Pylon has forecast that its revenues from the construction of foundations will grow 10 per cent from Bt500 million last year to Bt550 million in 2007.
Managing director Chanet Sangarayakul is optimistic that contracts from the government will turn back to normal from early this year, and the construction of the five electric rail routes - due to kick off late this year - will revitalise the industry. Given the fact that political stability is not secured yet, and prices of concrete, steel and oil remain volatile, the company will concentrate more on private sector projects and accumulate backlog to reduce these risks, he said.
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