With the bursting of the real-estate bubble, Thai contractors such as Italian-Thai Development, Nawarat Patanakarn Plc, Ch. Karnchang and Power Line Engineering Plc are all feeling the pain of the problems in the region.
"Yes, there are some problems in the work we are doing in that part of the region and outside Thailand," said Polpat Karnasuta, the president of SET-listed Nawarat Patanakarn.
One of the problems, he says, is the simple fact that the crisis has affected the companies that were undertaking the projects and now they have become "more fussy" with their payments.
