CK Shows Backlog Worth ฿50bln., Targeting to Reach ฿30bln. in Revenue in 2019
CK revealed the company’s backlog as of 2018 at the amount of THB 48,965 million while targeting the revenue to reach THB 25,000-30,000 million in 2019.
Dr. Supamas Trivisvavet the Executive Director, Director of CH. Karnchang Public Company Limited (CK), revealed the company’s backlog as of 2018 at the amount of THB 48,965 million. In 2019, CK sets the target of the revenue at THB 25,000-30,000 million.
As the trend of construction industry tends to grow for the next two to three years, CK is focusing in the infrastructure project, which is ready for bidding, as well as working with the Public Private Partnership (PPP) for the total value of approximately THB 1.77 trillion.
There are a lot of upcoming domestic projects in this year, such as, Thailand-Chinese High Speed Rail (Bangkok to Nakhon Ratchasima’s Pak Chong district) with the project value at THB 179,412 million, Metropolitan Rapid Transit Orange Line, MRT Orange Line with the project value at THB 143,000 million, and Rama III-Dao Khanong expressway project with the project value at THB 30,437 million.
For oversea projects, CK focuses on the project around Asia Zone such as bidding of Infrastructure Construction Projects with the low risk and suitable income, and CK is ready for the construction project such as Yang-gong expressway construction project in Myanmar value at USD 400 million as well as Hydroelectric project in Laos which CK Power Public Company Limited (CKP) is negotiating with Laos’s government.