Bangkok skyscraper collapse: Thai-Chinese firm denies safety breach
Bangkok: A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok.
Authorities are probing Xin Ke Yuan Steel and another Chinese contractor involved in the construction to find out why the building crumbled following a quake centred in Myanmar, more than 1,200 kilometers away. It was the only building that completely collapsed that day.
The collapse sparked questions about the enforcement of construction safety and the state-run Chinese contractor, China Railway No. 10 Engineering Group, leading to the arrest Saturday of its Chinese executive in Thailand, identified as Zhang, on suspicion of operating the business through the use of nominees.
Foreigners can operate a business in Thailand, but it must be a joint venture with a Thai partner, and they cannot own more than 49 per cent to protect local
competitiveness.