Ch. Karnchang Plc (CK), Thailand’s largest contractor by market value, will focus more on searching for construction projects in neighbouring countries, particularly Myanmar, to mitigate risks from delays in the government’s 2-trillion-baht infrastructure plan.
Chief executive Plew Trivisvavet said while looking for more projects in Laos, CK is also studying the feasibility of infrastructure, dam and tap water projects in Myanmar, Cambodia and Vietnam, where business potential is high.
At present, the contractor is working on the 76-billion-baht Xayaburi hydroelectric power plant in Laos and expects to sign the 17-billion-baht Nam Bak project this year.
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