(Photo by Boonsong Kositchotethana)The Airports of Thailand (AoT) board on Wednesday awarded a 14.2-billion-baht contract to PCS Joint Venture to carry out a key part of Suvarnabhumi airport's upgrade. The Thai-Chinese consortium, comprising Power Line Engineering Plc and China Construction Engineering Thailand Co, beat out two other bidders vying to build the first midfield concourse building (levels 2-4) and the connection to the southern tunnel (sub-structural works). PCS Joint Venture's quote was 12% below AoT's reference price and lower than those of Italian-Thai Development Plc and UQSY Consortium, which consists of Unique Engineering & Construction Plc and Ssangyong Engineering and Construction of South Korea. The contract is one of several major deals awarded by AoT for work related to the long-delayed expansion of Thailand's overcrowded gateway airport. Meanwhile, AoT's board yesterday agreed to extend a 10-year concession to King Power Suvarnabhumi Co to operate commercial activities at Terminal 1 of Don Mueang airport.

Source: Bangkok Post August 24, 2017 00:45 UTC