Ch Karnchang wins first Purple Line contract

By The Nation

Ch Karnchang Plc has won the first contract of the Purple Line urban train project, with the bid worth Bt16.7 billion, according to the Mass Rapid Transit Authority of Thailand (MRTA).

MRTA also received bids for the first contract from Italian-Thai Development Plc and Sino-Thai Engineering and Construction Plc which bid for the construction for Bt17.9 billion adn Bt17.1 billion, respectively.

It is expected that the construction contract would be signed in March before the works could begin in April.

Ch Karnchang's share price however dropped to Bt4, down Bt0.18 or 4.31 per cent from previous closing.

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Ch Karnchang wins first Purple Line contract

Ch Karnchang Plc has won the first contract of the Purple Line urban train project, with the bid worth Bt16.7 billion, according to the Mass Rapid Transit Authority of Thailand (MRTA).

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