ITD goes aboard for mineral resouces

Up to 70 per cent of its investment budget will apply project financing from the bank as the rest 30 per cent will come from the company's cash flow.

According to the business expansion to mineral resources business, up to 90 per cent of its total revenue in the next five years from now will come from mineral resources business as the rest 10 per cent from construction business, the company's managing director Premchai Karnasuta said yesterday.

ITD executives told the press during a press conference where the ITD signed a contract to construct condominium for Thanapat Property Development worth more than Bt2 billion.

Currently, 90 per cent of ITD's total revenue came from construction business as the rest 10 per cent from others business such as cement and Baan UaAthorn housing project.

- The Nation

Somluck Srimalee