Tunnelling
The company builds tunnels and other underground works for transport and utility projects, including digging, lining, support, and related underground construction tasks.
Customers and revenue model
R
Right Tunnelling PCL
SET:RT
Right Tunnelling PCL
SET:RT
Price:
0.27
THB
-3.57%
Market Closed
Market Cap:
฿398.9m
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Company Overview
Business Description
- Sector
- Industrials
- Industry
- Construction
- Headquarters
- Thailand TH
- Employees
- 2 334
- IPO date
- Nov 12, 2020
Right Tunnelling PCL is a Thai construction contractor that focuses on underground work. It builds tunnels, shafts, underground utility passages, and related civil engineering projects for public and private clients. The company also takes on supporting infrastructure work where precise excavation and heavy construction methods matter more than standard above-ground building.
Its main customers are government agencies, state-owned utilities, and large developers that need transportation, water, drainage, and utility infrastructure. Right Tunnelling makes money by bidding for projects and earning contract payments as it completes design, excavation, construction, and finishing work. In simple terms, it is paid to deliver hard-to-build underground sections of bigger infrastructure projects.
What makes the business different is its specialization. Many contractors can build roads or buildings, but fewer have the equipment, engineering know-how, and project experience needed for tunneling and underground construction. That niche role puts Right Tunnelling deeper in the infrastructure value chain, where technical execution and project management are more important than mass construction volume.