23 January 1995

in the race for Vietnam, Burmese projects

Sino-Thai Engineering & Construction Plc (STECON) reported to the Stock Exchange of Thailand (SET) that it has joined the bidding to construct a Bt2.5 billion cement plant project in Vietnam and that its tender offer for a project to build Myanmar's new airport is now under consideration by the government's authority. STECON was clarifying on a report published in Krungthep Turakij business daily on Jan 23, 1995. As regards the status of its bidding for the Vietnam project, STECON said the selection of the construction company for it is still in the pipeline. Translated by The Nation.