TCC Assets Company Limited and Frasers Property Limited have announced the appointment of Thai Bauer Co Ltd, the local subsidiary of Bauer Spezialtiefbau GmbH, and SEAFCO Plc, as foundation contractors for the first phase of One Bangkok, working in coordination with project and construction manager Stonehenge Inter Plc.
One Bangkok is a Bt120-billion landmark development, a joint venture between TCC Assets and Frasers Property.
It is the largest private-sector property development initiative ever undertaken in Thailand and will set new benchmarks in design, quality and sustainability.
“With decades of experience, Thai Bauer and SEAFCO have outstanding track records in complex special foundation works in Thailand,” said Burin Kunatippapong, construction director at Frasers.
“We have appointed two foundation contractors due to the large size of the first phase of One Bangkok, ensuring that this development is of the highest-quality construction from inception, shaped with utmost care for the city, the environment and people.”