The 7.7-magnitude earthquake that slammed central Myanmar on friday caused the collapse of a 33-story high-rise structure that was still under construction in bangkok, Thailand. An expert panel has been granted seven days to identify the cause of the collapse, and Thailand's Deputy prime minister Anutin Charnvirakul has requested an urgent probe. But why is the collapse of this structure being scrutinized?
No other projects experienced the same level of devastation, even though Bangkok's skyline was crowded with high-rise structures that were still under construction. Officials and experts are increasingly doubting the high-rise building's structural soundness. The construction was done by a Chinese company.
Bangkok was rocked by tremors from the 7.7-magnitude earthquake that was centered in Myanmar at 1:20 pm (0620 GMT).
What to Know About bangkok Scraper?
Reports state that the collapsed structure was a part of a three-year, over two billion baht project for Thailand's State Audit office (SAO).
China Railway Number 10 (Thailand) Ltd., a division of china Railway Number 10 Engineering Group Company, which owns a 49% stake, and Italian-Thai Development Plc (ITD) jointly owned the building, according to Telegraph UK.
What is china Railway Number 10?
A subsidiary of china Railway Number 10 Engineering Group Company, which owns 49% of the company—the highest amount of foreign ownership permitted by Thai law—is china Railway Number 10 (Thailand) Ltd.
According to the article, china Railway Number 10 thailand was founded in 2018 and has since worked as a contractor on major infrastructure projects, such as public highways, office buildings, and railroads.
With 206.25 million baht in revenue and 354.95 million baht in expenses, the company had a net loss of 199.66 million baht in 2023. Its Thai shareholders include: Sophon Meechai (40.80%), who also holds stakes in five other companies; Prachuab Sirikhet (10.20%), with investments in six companies; Manas Sri-anant (less than 1%), who holds shares in ten other firms.
No other projects experienced the same level of devastation, even though Bangkok's skyline was crowded with high-rise structures that were still under construction. Officials and experts are increasingly doubting the high-rise building's structural soundness. The construction was done by a Chinese company.
Bangkok was rocked by tremors from the 7.7-magnitude earthquake that was centered in Myanmar at 1:20 pm (0620 GMT).
What to Know About bangkok Scraper?
Reports state that the collapsed structure was a part of a three-year, over two billion baht project for Thailand's State Audit office (SAO).
China Railway Number 10 (Thailand) Ltd., a division of china Railway Number 10 Engineering Group Company, which owns a 49% stake, and Italian-Thai Development Plc (ITD) jointly owned the building, according to Telegraph UK.
What is china Railway Number 10?
A subsidiary of china Railway Number 10 Engineering Group Company, which owns 49% of the company—the highest amount of foreign ownership permitted by Thai law—is china Railway Number 10 (Thailand) Ltd.
According to the article, china Railway Number 10 thailand was founded in 2018 and has since worked as a contractor on major infrastructure projects, such as public highways, office buildings, and railroads.
With 206.25 million baht in revenue and 354.95 million baht in expenses, the company had a net loss of 199.66 million baht in 2023. Its Thai shareholders include: Sophon Meechai (40.80%), who also holds stakes in five other companies; Prachuab Sirikhet (10.20%), with investments in six companies; Manas Sri-anant (less than 1%), who holds shares in ten other firms.
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