The heat is on in Thailand for contractor Hopewell dubbed Hopeless by some Bangkok cynics as it struggles to complete an ambitious 60km road and rail system amid continued concern about the Hong Kong-based company’s financial health. The job has to be finished by 1998 when Thailand hosts the Asian Games. Five years after the concession was granted, however, the $3.2 billion project is just 20% complete. Running the company is Gordon Wu, who is struggling to juggle government and commercial pressures and to raise money to fund the project.
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