Teka Construction Public Company Limited has been awarded a THB 730 million contract by Siri NT1 Co., Ltd. for the construction of The Monument Sathon, a 29-story residential tower with three basement levels in Thailand.
Teka Construction Public Company Limited has secured a major high-rise construction contract valued at THB 730 million from Siri NT1 Co., Ltd. for the development of The Monument Sathon.
Under the terms of the project mandate, Teka Construction will serve as the main contractor handling an extensive scope of work encompassing foundation piling, structural engineering, architectural finishes, and exterior building construction. Located in Thailand, the development features the full construction of a 29-story high-rise residential building complete with 3 basement levels. The contract carries an overall completion period of 38 months, with active construction works scheduled to commence on site in October 2026.
This landmark order significantly strengthens the project backlog of Teka Construction, expanding its total outstanding order pipeline to approximately THB 2,730 million. Teka Construction Public Company Limited is a Thailand-based engineering and main contracting enterprise specializing in multi-disciplinary commercial, residential, and civil construction projects. Siri NT1 Co., Ltd. functions as a specialized real estate development entity engaged in managing premium urban property initiatives across Thailand.
The securing of this high-density residential contract highlights continuous capital allocation within Thailand's urban development sector. Winning this major award demonstrates Teka Construction's strong engineering credentials while providing the company with substantial long-term revenue visibility over the upcoming 38-month execution period. For institutional investors and real estate developers, the award reflects sustained demand for multi-family residential towers in prime metropolitan centers, underscoring resilient fundamentals across the regional construction market.
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