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Bangkok Post
Bangkok Post
Business

RARE PHOTOS: Vongsayam bid given green light | Rare Historical Photos

Santi Promphat Treasury Department

The Treasury Department yesterday decided to name Vongsayam Korsang Co the winning bidder of its concession to manage and operate the main water transmission pipeline system in the East of the country, quoting a bid of 25.6 billion baht, said Deputy Finance Minister Santi Promphat.

Eastern Water Resources Development and Management Public Co or East Water has held the current concession since 1994.

The Treasury Department called for a new round of bidding ahead of the current concession's expiration in 2023. The new concession has a term of 30 years.

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