As of September last year, the company's outstanding debt was 107.6 billion baht, and it was revealed that the interest burden was increasing. As a result, a portion of the profits will be used to pay interest. Additionally, many government contracts have not yet been completed and cannot be requested for payment.
One of the government projects is the construction of a 5km stretch of the Rama III Expressway worth 7.36 billion baht, which has made road trips to the south a nightmare due to traffic bottlenecks. The project, which Thais call “seventh generation construction,” is about 66.28% complete and is expected to be completed by June next year.
In addition to this, ITD is proceeding with the construction of a double-track railway from Map Kabao in Saraburi province to Nakhon Ratchasima at Jira Road junction, and from Keng in Saraburi province to Klandon in Nakhon Ratchasima and from Pang. The Thailand-China High Speed Rail project is also under construction. From Asok in Nakhon Ratchasima to Bandai Ma.
ITD is also constructing the third section of the elevated expressway from Bang Khun Tien in Bangkok to Ekachai in Samut Sakhon. The construction is approximately 91.65% complete and is expected to be completed by May this year.
It also won a construction contract for a 1.43-kilometre extension of the Route 82 elevated expressway.
In 2022, the company's assets were 115.86 billion baht and liabilities were 104.85 billion baht. It reportedly had a revenue of 67.83 billion baht in 2022, with a loss worth 4.76 billion baht.