High-speed rail airport link contracts to be signed next month

The Eastern Economic Corridor Policy Committee has reported progress in the high-speed rail project to link three airports (Suvarnabhumi, U-Tapao and Don Mueang), and the Map Ta Phut industrial port development project.

Contracts for both projects are expected to be signed between state firms and private concessionaires in July.

The Eastern Economic Corridor Policy Committee, chaired by PM Prayut Chan-o-cha, acknowledged approval by the National Environment Board, chaired by Deputy PM Prawit Wongsuwan, for an Environmental Impact Assessment study on the high-speed rail project to link three major airports. The State Railway of Thailand and the private concessionaire are expected to sign the construction contract next month.

High-speed rail airport link contracts to be signed next month | News by Thaiger

This is the first public-private joint venture of the Eastern Economic Corridor project. The Eastern Economic Corridor Policy Committee also acknowledged progress in Map Ta Phut industrial port’s Phase 3 development project, the contract for which has been scrutinized by the Office of the Attorney General.

It is to be resubmitted to the Eastern Economic Corridor Policy Committee by July 1 before being forwarded to the cabinet. The Industrial Estate Authority of Thailand and the private concessionaire are expected to sign the contract next month.

SOURCE:

Business NewsThailand News
Click to comment

Leave a Reply

Thaiger

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

Related Articles

Leave a Reply