ASEAN KEY DESTINATIONS
Thai 3G bids to be held this year or I quit, says TOT chief
Areepong Bhoocha-oom, who is also the permanent secretary of the Finance Ministry, said bidding documents could be sold by next week so that the bid could be called by the end of the month and the contract with the winner signed in February.
If this timetable is not met, he said he would "review" himself.
Mr. Areepong said he had worked hard to get the wireless broadband project off the ground but the selling of the bidding documents was behind schedule because of legal problems related to the terms of reference.
TOT president Varut Suvakorn said last Thursday that the bid could be delayed to January because of the longer-than-expected documentation process.
Mr Areepong said the Office of the Attorney General was reviewing the legal issues and had returned some documents to TOT for revisions.
However, the delay would not be long and the contract signing would still be held in February as scheduled.
At the same time, TOT is seeking financing sources, with project details ready to be submitted to major Thai commercial banks within the next two weeks.
An industry source said the bid terms were being revised because of the struggle between two Chinese telecom giants that are long-time competitors for state telecom projects.
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