ID :
41937
Wed, 01/21/2009 - 14:57
Auther :
Shortlink :
https://oananews.org//node/41937
The shortlink copeid
More Thai baht for building third bridge
More Thai baht for building third bridge
(KPL) Mr Saysana Phasavath, Managing Director of Third Lao-Thai Friendship Mekong River Bridge Construction Project said that the Thai government is funding its construction with 1.7 billion baht and on its completion it will provide a seamless road connection between Khammouane province of Laos and Nakhonphanom province of Thailand.
Lao and Thai officials believe this decision has generated confidence between the two governments as it was made against the backdrop of the Thai government’s temporary suspension of the commencement of the construction of the bridge due to the high price of construction materials prior to the onset of the global financial tsunami.
Initially, the Thai government wanted to start the construction in early 2008, immediately after the completion of the survey and design work on the bridge.
He said that an Italian-Thai company will be carrying out the construction work as it won the tender from 22 companies in July 2008.
Mr Nongsavanh Thammavong, Deputy Head of the Third Lao-Thai Friendship Mekong River Bridge Construction Project told KPL News yesterday that the new budget, an increase over the original allocation of 1. 4 billion baht should be sufficient to pay for all the expenses of the construction.
He also said construction work could not commence four months ago as none of the bidders had the courage to accept the offer as they feared the prospect of monetary loss.
On its completion this bridge can act as a linkage for the three neighbouring countries, Thailand, Laos and Vietnam and this will ultimately spill over into other related areas, a leading to more trade, investment and tourism for all three.
(KPL) Mr Saysana Phasavath, Managing Director of Third Lao-Thai Friendship Mekong River Bridge Construction Project said that the Thai government is funding its construction with 1.7 billion baht and on its completion it will provide a seamless road connection between Khammouane province of Laos and Nakhonphanom province of Thailand.
Lao and Thai officials believe this decision has generated confidence between the two governments as it was made against the backdrop of the Thai government’s temporary suspension of the commencement of the construction of the bridge due to the high price of construction materials prior to the onset of the global financial tsunami.
Initially, the Thai government wanted to start the construction in early 2008, immediately after the completion of the survey and design work on the bridge.
He said that an Italian-Thai company will be carrying out the construction work as it won the tender from 22 companies in July 2008.
Mr Nongsavanh Thammavong, Deputy Head of the Third Lao-Thai Friendship Mekong River Bridge Construction Project told KPL News yesterday that the new budget, an increase over the original allocation of 1. 4 billion baht should be sufficient to pay for all the expenses of the construction.
He also said construction work could not commence four months ago as none of the bidders had the courage to accept the offer as they feared the prospect of monetary loss.
On its completion this bridge can act as a linkage for the three neighbouring countries, Thailand, Laos and Vietnam and this will ultimately spill over into other related areas, a leading to more trade, investment and tourism for all three.
