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CK, STEC, ITD, NWR, UNIQ compete for the Purple Line Tao Poon – Rat Burana

HoonSmart.com>>5 Major contractor submits bids for 6 contracts for the construction of the MRT Purple Line Taopoon-Ratburana (Kanchanapisek Ring Road) CH. Karnchang joins hands with Sino-Thai, submitting in the CKST-PL JOINT VENTURE group, Finansia Syrus Securities recommends buying CK with a target of 26 baht, confident to win. victory From the expertise of underground work, 4 out of 6 contracts next year will benefit the state. Accelerate investment in mega-projects, hoping for a backlog of 100 billion baht, growing in the next 5 years

The Mass Rapid Transit Authority of Thailand (MRTA) has opened a tender for the construction of civil works. MRT Purple Line Project: Tao Poon – Rat Burana Section (Kanchanaphisek Ring Road) by means of international bidding There are private companies, both Thai and foreign companies, purchasing envelopes, a total of 12 companies, and are scheduled to submit bidding envelopes on December 27, 2021 at the MRTA office. The first is CKST-PL JOINT VENTURE, consisting of CH. Karnchang (CK) and Sino-Thai Engineering and Construction (STEC), the next group is ITD-NWR MRT, consisting of Italian-Thai D. Development (ITD) and Nawarat Patanakarn (NWR) and Unique Engineering and Construction (UNIQ)

Contract 1: Design work in conjunction with the construction of civil works underground structure Tao Poon Section – National Library and Contract 2, National Library – Phan Fa Section, there are 3 cases, namely 1. CKST-PL JOINT VENTURE 2. ITD 3. UNIQ

Contract 3, Phan Fa – Phra Phuttha Yodfa Bridge, 3 contracts, namely 1. CKST-PL JOINT VENTURE 2. ITD-NWR JOINT VENTURE (consisting of ITD and NWR)
3. UNIQ, Contract 4, Phra Phuttha Yodfa Bridge – Dao Khanong, 3 cases, namely 1. CKST-PL JOINT VENTURE 2. ITD 3. UINQ

Contract 5 Civil Construction Work elevated structure Dao Khanong – Khru Nai, 3 cases, namely: 1. CKST-PL JOINT VENTURE 2. ITD 3. UNIQ Contract 6: design work in conjunction with the construction of the rail system Tao Poon – Khru Nai, 3 cases, namely 1. CKST-PL JOINT VENTURE 2. ITD 3. UNIQ

In the next step, MRTA will consider the tender proposals. Envelopes 1-3 consist of Envelope 1, Qualification Proposal, Envelope 2, Technical Proposition, and Envelope 3, Price Proposal. and is expected to be able to sign a contract to hire a civil work contractor within March 65

Finansia Syrus Securities recommends “buy” shares of CH. Karnchang Company (CK), with a target price of 26 baht, is one of the bidders for the Southern Purple Line. (Tao Poon-Rat Burana) because there are underground works which is CK’s expertise in 4 out of 6 contracts and in 2022 benefit from the acceleration of government investment in mega-projects that are delayed during the COVID baht to support growth in the next 5 years. CK’s share price closed at 22.30 baht, plus 0.10 baht on December 27, 2021.

The Purple Line Project, Tao Poon – Rat Burana Section (Kanchanaphisek Ring Road) is a train project that connects traveling between Nonthaburi. with Bangkok on the Phra Nakhon side and on the Thonburi side including Samut Prakan With a total distance of 23.6 kilometers, there are 13.6 kilometers of underground runway structures, 10 stations, and a 10-kilometer elevated runway structure with 7 stations, with plans to begin construction in 2022 and open for service in 2027.

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