This case is about FINANCIAL MANAGEMENT
PUBLICATION DATE: January 01, 1997
Bangkok’s Second Stage Expressway Case Solution
This transportation privatization case describes the political issues that can accompany a privately-financed infrastructure project. The business, Kumagai Gumi, is encouraged to assemble US$1 billion, 20- kilometer in Bangkok, and to manage it under a 30-year concession contract, as a toll road. But a 1995 contract dispute prompts the Thai government to compel the road first to open and after then selling it to the investors from Thailand.
Discussion is allowed by the study of a technical and political nature, focusing on the elements based on the arrangement of contracts however, it also brings up the question mark of domestic political dimensions in public projects involving non-domestic private investors. HKS Case Amount 1401.0
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