Thai Treasury Department cancels water pipeline contract signing ceremony

15 Sept 12:54 Key points summarised by AI

The Thai Treasury Department abruptly cancelled the contract signing with Wong Siam Construction Company for the eastern region water pipeline system due to public concerns over bidding transparency.
Wong Siam won the 30-year contract with a 25.6 billion baht offer and lower water fees, surpassing the incumbent operator Eastwater's bid.
Opposition parties have alleged a lack of transparency and potential political interference in the second bidding process, which followed the unexplained cancellation of the first bid.
The Treasury Director-General maintains the bid will not be cancelled, only postponed, stating that revised terms aimed for clarity and increased state revenue.
Wong Siam Construction Company will not take legal action over the postponement but seeks a written statement, denying any political connections.

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