The parliament and Sino-Thai Engineering and Construction Plc (Stecon) have signed an agreement for construction of new parliament buildings alongside the Chao Phraya River in Kiak Kai area of Bangkok.
The 12.2 billion baht contract was signed by House secretary-general Suwijak Nakwacharachai and Stecon president and executive director Pakpoom Srichamni. It gives the construction firm 900 days to build Thailand’s new legislative centre – until Oct 18, 2015.
The new Parliament Building will be built on 123 rai of land beside the Chao Phraya River in Dusit district.
Parliament President Somsak Kiatsuranont, who witnessed the signing ceremony on Tuesday, said he hoped construction will be completed on time, despite a delay in the handing over the land to Sino-Thai Engineering and Construction.