Korea’s infrastructure minister will seek to revive the stalled Thai water project during his visit to Bangkok that kicked off on Sunday, Seoul officials said.
The Ministry of Land, Infrastructure and Transport said Minister Seo Seung-hwan is in Bangkok on a two-day trip, aimed at discussing infrastructure projects promoted by the Thai government.
“Discussion on bilateral economic cooperation will cover infrastructure projects, including the suspended multibillion dollar Thai water management projects,” a ministry official said.
Last February, a Korean consortium, led by state-run water management firm K-water, was named as the preferred bidder for two of 10 Thai water management projects worth 11 trillion won. The total value of the two projects it won was estimated at 6.2 trillion won ($6.1 billion).
The projects, however, were suspended without announcing the final winners in May when the Thai military seized power in a coup and delayed the bid for reassessment.