Koreans lead flood prevention bids

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South Korean firm leads the pack

Published: 6 Feb 2013 at 00.39
Online news: Local News

A South Korean firm scored the highest among six companies selected Tuesday to bid for the country's 324 billion baht in water management and flood prevention projects.

Deputy Prime Minister Plodprasop Suraswadi identified the qualified contenders as Korea Water Resources Corp (K Water), ITD Power China, Summit SUT Joint Venture, Team Thailand Joint Venture, Japan-Thailand Joint Venture and Loxley Joint Venture.

Mr Plodprasop is the chairman of the government's Water Management and Flood Prevention Commission.

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HowIWish
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Discussion 7 : 06 Feb 2013 at 11.057
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Follow on from Disc #, It's quite obvious why there are so many JV's and International involement, if you haven't the reources, technology and qualified manpower at home of course you look for a credible international partner. Some are always obsessed with the Dubai connection, in everything that happens in Thailand.
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onlyasking
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Discussion 6 : 06 Feb 2013 at 08.436
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Thailand have never build this type of water management systems before, hence the foreign involvement.
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dickemery
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Discussion 5 : 06 Feb 2013 at 08.235
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every government requsition,goes thru the fanily,that why they are in politics
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pete
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Discussion 4 : 06 Feb 2013 at 07.484
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It does look strange that ITD are included in all ten bids as they are still seeking funding for the Dawei Port venture in Myanmar. At present they are going cap in hand to Japanese banks for money, so it does seem surprising when it says it has the funds. Maybe it’s 100% Chinese money.
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oldairman
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Discussion 3 : 06 Feb 2013 at 06.353
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D1 Or anyone else in both the legal and hidden government.
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bkposter
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Discussion 2 : 06 Feb 2013 at 06.252
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RE: D1..I see the same names are bidding on all the contracts....did you notice that? Why do they all have a Thai partner? and who are the partners, and what connection do any of these partners have with any politician in any party. Do you not find it strange that there are no wholly owned Thai companies bidding at all, and only ventures with foreign interests? Follow the money.
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termsak
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Discussion 1 : 06 Feb 2013 at 03.081
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nobody finds it strange that ITD is in every shortlisted bid? Wonder how close they are with the Dubai fugitive
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Koreans lead flood prevention bids | Bangkok Post: news

South Korean firm leads the pack

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