Italian-Thai Development Public Company Limited announced that on September 21, 2020, the company signed a contract with State Railway of Thailand under the name of ITD ­ LSE Consortium, comprising Italian-Thai Development Public Company Limited and LS Electric Co., Ltd. to proceed with Signalling and Telecommunications Colour Light Signal Project, Yothaka ­ Klong Luk. The details of the contract works are as follows: Description of works: Supply and installation of Signalling and Telecommunications system for the Construction of Double Track Railway Project. Contract Value: THB 667,200,000 (Including VAT), Period of Works: 20 Months.