Chinese contractor to payroll CGD plan | Bangkok Post: property

Property > News

Chinese contractor to payroll CGD plan

- +

Beijing Construction Engineering Group International (BCEGI), one of China's largest contractors, will invest US$60 million to acquire a 30% stake in Landmark Holdings, a wholly owned subsidiary of MAI-listed firm Country Group Development Plc (CGD) and co-develop a riverside mixed-use project worth 29 billion baht on Charoen Krung Road. 

An artist's conception of Landmark Waterfront, a riverside mixed-use project being developed by CGD on Charoen Krung Road.

CGD chief executive Ben Taechaubol said the funding will be injected this month and used to construct the Landmark Waterfront Project, requiring investment of 13.6 billion baht for construction. BCEGI will become the main contractor of the project.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

0 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments