Thai focus on airports

Calcutta: Thai companies engaged in infrastructure development are eyeing airport modernisation projects in India.
“There is a huge business potential here for the Thai companies engaged in infrastructure development. The Indian government has lined up ambitious spend in infrastructure over the next few years which includes the modernisation of airports,” Krit Kraichitti, Thai ambassador to India, said at a programme organised by the Confederation of Indian Industry (eastern region) here today.
Italian Thai Development, one of Thailand’s biggest builders, has already bagged the modernisation work of the Calcutta airport. The company is also constructing an NHAI-funded 31-km stretch on the Assam-Bengal border.
Automobile, information technology, pharmaceuticals, textiles and tourism are the other sectors where Thai companies can play a crucial role, according to Kraichitti.
By 2010, trade between India and Thailand is estimated to reach Rs 50,000 crore from Rs 30,000 crore now.
13/09/09 The Telegraph

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Categories: Airports Sep 2009, Foreign Sep 2009, New Sep 2009