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Buriram Panasith Co. secures 13 billion baht in state contracts

Buriram Panasith Co. secures 13 billion baht in state contracts

MGR Online•Politics•1h ago

Reader Briefing

Buriram Panasith Co., Ltd. is facing scrutiny after data revealed it secured over 13 billion baht in government contracts between 2018 and 2026.

  • •Buriram Panasith Co., Ltd. received 525 projects totaling over 13,013 million baht through the 2026 fiscal year.
  • •The Department of Highways and Department of Rural Roads are the two largest employers of the company.
  • •Tanaysiri Chanwitthayarom, the nearly 100% shareholder of the company, is linked to Newin Chidchob and Chaiyanok Chidchob.
  • •Concerns are raised regarding the company's contracts during the tenure of Saksayam Chidchob as Minister of Transport.

Overview

  • •Buriram Panasith Co., Ltd. secured 468 contracts valued at over 10,580 million baht between 2018 and 2025.
  • •The total value of projects awarded to Buriram Panasith Co., Ltd. increased to 13,013 million baht across 525 projects when including the 2026 fiscal year.
  • •Tanaysiri Chanwitthayarom is the nearly 100% shareholder of Buriram Panasith Co., Ltd. and Managing Director of Chang International Circuit.
  • •The Department of Highways and Department of Rural Roads awarded contracts totaling over 8,430 million baht to Buriram Panasith Co., Ltd. between 2018 and 2025.
  • •Saksayam Chidchob served as Minister of Transport between 2019 and 2022, a period when Buriram Panasith Co., Ltd. received approximately 6,300 million baht in contracts.
  • •Buriram Panasith Co., Ltd. recently won 7 projects for truck rest areas and weight stations from the Department of Highways valued at approximately 1,200 million baht.
  • •Only 3 companies participated in the bidding for the 7 most recent projects, with some projects having only 2 bidders and price differences of only tens of thousands of baht.

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Key Quotes

Anutin Charnvirakul
"Enough already, too rich to handle!"
พอแล้วๆ รวยไม่ไหวแล้ว!

Key Entities

Organization

Buriram Panasith Co., Ltd.(บริษัทบุรีรัมย์พนาสิทธิ์ จำกัด)
A company that has received government contracts totaling over 13,000 million baht.
Democrat Party(พรรคประชาธิปัตย์)
The political party formerly associated with Sirichok Sopha.
Chang International Circuit(สนามช้าง อินเตอร์เนชั่นแนล เซอร์กิต)ℹ️
A business related to Newin Chidchob where Tanaysiri Chanwitthayarom serves as Managing Director.
Department of Highways(กรมทางหลวง)
A government agency under the Ministry of Transport that awarded 6,935 million baht in contracts to Buriram Panasith Co., Ltd.
Department of Rural Roads(กรมทางหลวงชนบท)ℹ️
A government agency under the Ministry of Transport that awarded 1,494 million baht in contracts to Buriram Panasith Co., Ltd.
Ministry of Transport(กระทรวงคมนาคม)ℹ️
The ministry overseeing the Department of Highways and Department of Rural Roads.

Person

Sirichok Sopha(ศิริโชค โสภา)ℹ️
A former MP of the Democrat Party who disclosed data on government contracts awarded to Buriram Panasith Co., Ltd.
Tanaysiri Chanwitthayarom(ตนัยศิริ ชาญวิทยารมณ์)
The nearly 100% shareholder of Buriram Panasith Co., Ltd. and Managing Director of Chang International Circuit.
Newin Chidchob(เนวิน ชิดชอบ)ℹ️
A businessman linked to Tanaysiri Chanwitthayarom and the brother of Saksayam Chidchob.
Chaiyanok Chidchob(ไชยชนก ชิดชอบ)
A person who previously held shares in a company where Tanaysiri Chanwitthayarom is a director.
Saksayam Chidchob(ศักดิ์สยาม ชิดชอบ)ℹ️
The Minister of Transport from 2019 to 2022 and brother of Newin Chidchob.
Anutin Charnvirakul(อนุทิน ชาญวีรกูล)ℹ️
A politician who used the phrase 'too rich to handle' during campaign speeches.