The Bangkok Post reports:
The navy will sign a contract next month with BBS Joint Venture to build the 290-billion-baht Eastern Airport City Project at U-tapao airport which is one of five megaprojects under the government’s infrastructure development in the Eastern Economic Corridor (EEC)….
The BBS consortium, which comprises Sino-Thai Engineering and Construction, Bangkok Airways and BTS Group Holdings, offered the best return to the state at 305 billion baht under a 50-year contract.
It never ceases to amaze us at PPT that the military can engage in such business deals with barely a critical word from the media. But, hey, this is royalist Thailand under military domination.
And then there’s Sino-Thai Engineering, which has the following at its corporate website:
Wikipedia has a profile of Minister Anutin, leader of the Bhum Jai Thai Party, a key partner in the ruling coalition. Bhum Jai Thai is a party formed by Anutin’s family in alliance with Buriram’s “influential” Chidchob family. The Ministry of Transport is headed by Saksayam Chidchob, Secretary-General of Bhum Jai Thai.
Monty Python gets it right:
[…] deal we posted on them recently got more press […]
[…] has had a couple of posts on the military’s business and commercial interests in the eastern region, associated with […]
[…] only does he have conflicts of interest, but his behavior has often been odd. As we mentioned in a recent post, we stated that […]