Connect with us


Three-airport high-speed train project stumbles forward



Thaiger deals

One of the delayed Thai high-speed rail projects is now closer to being inked by the State Railway of Thailand  and CP Holding’s joint venture, once an agreement on some key details of the public-private partnership project are reached.

The new railway service will connect Bangkok’s Suvarnabhumi and Don Mueang international airports, with U-Tapao in Rayong, serving Pattaya and the government’s Eastern Economic Corridor.

Warawut Mala, SRT’s acting governor, says the panel responsible for the 220 kilometre high-speed rail, connecting the three airports, will meet representatives of the CP Holding joint venture on today.

The two sides will discuss SRT’s handing over of land to the CP joint venture for the project’s construction. He said that after the Cabinet approved the concession in May, the two sides discussed details of the PPP project to ensure the government does not lose huge sums like it did with unfinished ventures like the Hopewell project (Skytrain route from the city to Don Muang).
The two sides have agreed in principle that construction will begin as soon as SRT issues a notice to proceed.
The notice will be issued when the SRT is ready to hand land over to the private partner in the PPP and CP Holdings agrees to proceed with the construction, he said, adding that the timeframe for completion is five years.

The SRT will  hand over 4,421 rai for the rail project within two years on the condition that it can complete the expropriation of 850 rai.

The cost of the high-speed rail project connecting Bangkok’s Suvarnabhumi and Don Mueang international airports with U-Tapao in Rayong is 224.5 billion baht. The CP venture is seeking 117.2 billion baht in state support.

SOURCE: The Nation

Three-airport high-speed train project stumbles forward | News by Thaiger


Get more from The Thaiger

Join the conversation and have your say on Thailand news published on The Thaiger.

Thaiger Talk is our new Thaiger Community where you can join the discussion on everything happening in Thailand right now.

Please note that articles are not posted to the forum instantly and can take up to 20 min before being visible. Click for more information and the Thaiger Talk Guidelines.

Click to comment

You must be logged in to post a comment Login

Leave a Reply

The Thaiger is Thailand's largest online portal for news, videos and information.

Follow Thaiger by email:

Thailand8 mins ago

Man arrested for spycam porn, 39 videos feature Thai stars

Thailand13 mins ago

Is poor English proficiency holding Thailand back?

Thailand14 mins ago

Shopee stops all bank payments after hackers steal from customer in Thailand

Sponsored8 hours ago

Challenges of starting a business in Thailand as a foreigner

Thailand17 mins ago

Thailand News Today | CAAT warns Thai VietJet for canceling three Phuket

Crime46 mins ago

Cat killer feels no guilt over sadistic act

Koh Samui1 hour ago

Koh Samui’s Moving Market – a hidden local treat

Join the conversation on the Thaiger Talk forums today!
Visa1 hour ago

Thailand’s 10 year LTR visa most popular among Americans and Chinese

Politics2 hours ago

Thailand PM wants to groom successor in two years

Bangkok2 hours ago

VIDEO: Taxi meter rises suspiciously quickly in Bangkok, Thailand

Thailand3 hours ago

Man wins 144 million baht in Thailand’s lottery

Bangkok3 hours ago

Plumber murders and robs Thai woman in Bangkok

Drugs4 hours ago

Man returns for bag with meth pills he left at restaurant

Transport4 hours ago

Porsche sales in Thailand roaring thanks to nation’s entrepreneurs

Visa4 hours ago

Overstay crackdown uses facial recognition tech

Thailand5 hours ago

Father dies trying to save son from teenage gang

Thailand1 year ago

Morning Top Stories Thailand | Police to end protests, Human Trafficking | September 14

Thailand2 years ago

Thailand News Today | Thai Airways in rehab, All go for Songkran | March 4

Tourism2 years ago

Phuket’s nightlife. Yes, bars and clubs are still open | VIDEO

Phuket2 years ago

Thailand News Today | Covid passport talks, Thai Airways heads to court | March 2

Tourism2 years ago

Phuket Thai food treats you need to try | VIDEO

Thailand2 years ago

Thailand News Today | Bars, pubs and restaurants ‘sort of’ back to normal | Feb 23

Tourism2 years ago

In search of Cat & Dog Cafés in Phuket Town | VIDEO

Thailand2 years ago

Thailand News Today | Gambling crackdown, Seafood market to reopen, Vlogger challenge | Jan 21

Thailand2 years ago

Thailand News Today | Covid testing for visas, Business impact, Vaccine approval | January 19

Thailand2 years ago

Thailand News Today | Weekend Bangkok bombs, Thailand fires, Covid update | January 18

Thailand2 years ago

Thailand News Today | Stray car on runway, Indonesian quake, 300 baht tourist fee | January 15

Thailand2 years ago

Thailand News Today | Governor off respirator, sex-trafficking arrest, condo prices falling | January 14

Thailand2 years ago

Thailand News Today | Chinese vaccine, Thailand ‘drug hub’, Covid update | January 13

Thailand2 years ago

Thailand News Today | Bangkok may ease restrictions, Phuket bar curfew, Vaccine roll out | January 12

Thailand2 years ago

Thailand News Today | Covid latest, Cockfights closed down, Bryde’s Whale beached | January 11