TRC eyes overseas projects

The new companies are TRC International in Hong Kong, with a registered capital of 10,000 Hong Kong dollars (Bt41,485), TRC Investment in Mauritius, with a registered capital of US$1 (Bt32).

 The company president Smai Leesakul said both companies will bid for infrastructure and other construction projects in the Middle East and South Africa through joint ventures with local partners.

"We have experience in construction and setting up pipelines for the petrochemical industry, which will help us score projects from both countries," he said.

The company hopes to get projects overseas within the year, Smai said.

In the domestic market, the company has projects on hand worth Bt2.36 billion. This will add to the company's revenue in the last nine months of this year.

Projects include a bio-diesel plant  in Bang Pa-in for Bangchak Biofuel, a natural-gas pipeline  for District Cooling System & Power Plant, a national gas pipeline for PTT, a natural-gas distribution pipeline for Kangwal Textile and an MTP interconnecting natural-gas pipeline for PTT.

 The company also plans to enter into joint bidding for projects in the domestic market this year.