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Thai Treasury Department cancels water pipeline contract signing ceremony


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The Treasury Department abruptly cancelled the planned contract signing ceremony yesterday (Tuesday), between the department and the Wong Siam Construction Company, which won the bid to manage the water pipeline system providing water to consumers in Thailand’s eastern region, particularly to industries in the Eastern Economic Corridor (EEC).

 

Director-General of Treasury Department, Prapas Kong-ied, told the media that he was advised to postpone the signing until the department has cleared public doubts about the transparency of the bidding process.

 

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Wong Siam Construction Company won the second bid to manage the water pipeline system for 30 years, with an offer of 25.6 billion baht, beating its rival, Eastwater, the current operator, who offered 24 billion baht. Wong Siam also offered water fees, to be charged the users throughout the 30-year contract, not exceeding 10.98 baht/m3 compared to Eastwater’s 13 baht/m3.

 

Full Story: https://www.thaipbsworld.com/thai-treasury-department-cancels-water-pipeline-contract-signing-ceremony/

 

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-- © Copyright Thai PBS 2022-05-04
 

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13 hours ago, snoop1130 said:

Director-General of Treasury Department, Prapas Kong-ied, told the media that he was advised to postpone the signing until the department has cleared public doubts about the transparency of the bidding process.

Transparency.... ????

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Every single one of these long-term franchises granted, from the lottery to King Power to the BTS, are bathed in corruption.

 

Two points:

 

this one might have gotten temporarily-flushed, even though the initial grease has been applied.

 

pretty sure nothing can get done here corruption-free.

 

 

There will be an investigation.

 

No wrong-doping will be found.

 

The project will be delayed as a result of the investigation.

 

Investigators will get a slice o' the pie.

 

 

 

 

 

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