Italian-Thai Development Public Company Limited and Vichitbhan Construction Company Limited, in the name of joint venture ITD - VCB signed a contract with Expressway Authority of Thailand to proceed with the Construction of Rama 3 - Dao Khanong expressway - western Bangkok outer ring road Project, Contract 3 (Civil Work). The details of the contract works are as follows: Construction of a 6 lanes elevated road, starting from km. 11+690.577 to km.16+694.752 with a total distance of approximately 5 km by using Precast Segmental Box Girder along the Chalerm Mahanakorn Expressway Dao Khanong - Suksawat - Rat Burana (ends of Rama 9 bridge). It shall be constructed to a Double deck expressway with the longest distance the expressway has ever operated. Contract Value is: THB 7,359,300,000 (Including VAT) with the portion as follows: Italian-Thai Development PCL. 70% valued at THB 5,151,510,000. Vichitbhan Construction Co., Ltd. 30%, valued at THB 2,207,790,000.