concession | Bangkok Post: learning

Learning > Vocabulary

concession

a right that is given to a person or group, often by a government, to do a particular activity สัมปทาน

A Chinese government-owned company, which holds a 30-year mining concession from Kabul, is scheduled to begin demolishing the ancient site next month.

Bangkok Metro Plc (BMCL), the SET-listed subway operator, has been awarded the Purple Line concession, hoping to increase ridership and improve its financial results.

DDC was set up by contractor Italian-Thai Development Plc, which has been granted a concession from the Myanmar government to develop a special economic zone and deep-sea port in Dawei.

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