BUSINESS – Thai firm hopes for long-term profits from Burma construction

Thai construction giant Ch. Karnchang Plc (CK) is investigating opportunities for infrastructure development in Burma. Feasibility studies are being carried out in the Rangoon area, according to a Bangkok Post report, which says that a potential drinking-water development in Moulmein [Mawlamyine] would also pave the way for investment in that area. The company’s focus is on ASEAN neighbours Laos and Burma as they have a demand for infrastructure, and CK could profit from energy projects upon completion, says company executive Vorapote Uchupaiboonvong.