webfact Posted February 12, 2019 Share Posted February 12, 2019 Gov't Hits Brakes On Inter-Airport Rail Line Over CP Demands By Teeranai Charuvastra, Staff Reporter Station concept art for the proposed rail line to connect three airports. Image: Office of the Eastern Economic Corridor BANGKOK — A project to connect three international airports by high-speed rail was suspended after the conglomerate backing the project changed its terms. The official who helped oversee the project, which would link Bangkok’s two airports with one on the eastern seaboard, said Charoen Pokphand Group, or CP, unexpectedly demanded doubling its operating concession from 50 to 99 years. Full story: http://www.khaosodenglish.com/news/business/2019/02/12/govt-hits-brakes-on-inter-airport-rail-line-over-cp-demands/ -- © Copyright Khaosod English 2019-02-12 Link to comment Share on other sites More sharing options...
canopus1969 Posted February 12, 2019 Share Posted February 12, 2019 Typical - take the concession away from CP and award it to the next in line - simple ! Link to comment Share on other sites More sharing options...
worgeordie Posted February 12, 2019 Share Posted February 12, 2019 What are chicken people doing building rail lines in the first place. regards worgeordie Link to comment Share on other sites More sharing options...
overherebc Posted February 12, 2019 Share Posted February 12, 2019 Well I'm shocked, stunned and not even slightly amused. Link to comment Share on other sites More sharing options...
bowerboy Posted February 12, 2019 Share Posted February 12, 2019 CP probably wanting something in return for helping broker Friday’s deal...they are the ones in control after all Link to comment Share on other sites More sharing options...
TallGuyJohninBKK Posted February 12, 2019 Share Posted February 12, 2019 38 minutes ago, worgeordie said: What are chicken people doing building rail lines in the first place. regards worgeordie I was going to say, that certainly appears to be a chicken-sh** move on CP's part.... CP, by the way, basically means Dhanin Chearavanont et al, the richest billionaire in Asia... So they've got their fingers in a lot more than frozen chicken legs.... Link to comment Share on other sites More sharing options...
overherebc Posted February 12, 2019 Share Posted February 12, 2019 10 minutes ago, TallGuyJohninBKK said: I was going to say, that certainly appears to be a chicken-sh** move on CP's part.... CP, by the way, basically means Dhanin Chearavanont et al, the richest billionaire in Asia... So they've got their fingers in a lot more than frozen chicken legs.... Fingers in frozen chicken legs? Does that relate to the old question Should chicken be eaten with fingers? Link to comment Share on other sites More sharing options...
TallGuyJohninBKK Posted February 12, 2019 Share Posted February 12, 2019 1 minute ago, overherebc said: Fingers in frozen chicken legs? Does that relate to the old question Should chicken be eaten with fingers? I think it has more to do with Dhanin's various corporate entities including everything from CP's food and grocery businesses, the 7/11 empire, real estate development, True and Truevisions cable TV, and on and on.... Link to comment Share on other sites More sharing options...
overherebc Posted February 12, 2019 Share Posted February 12, 2019 2 minutes ago, TallGuyJohninBKK said: I think it has more to do with Dhanin's various corporate entities including everything from CP's food and grocery businesses, the 7/11 empire, real estate development, True and Truevisions cable TV, and on and on.... Well my post was really not serious but thanks for the answer. Link to comment Share on other sites More sharing options...
Sir Dude Posted February 12, 2019 Share Posted February 12, 2019 CP is a monster...might as well just rename it Omni-Corp. Link to comment Share on other sites More sharing options...
mfd101 Posted February 12, 2019 Share Posted February 12, 2019 More time = More shekels pouring into the coffers. Link to comment Share on other sites More sharing options...
Emmess Posted February 12, 2019 Share Posted February 12, 2019 1 hour ago, TallGuyJohninBKK said: I was going to say, that certainly appears to be a chicken-sh** move on CP's part.... CP, by the way, basically means Dhanin Chearavanont et al, the richest billionaire in Asia... So they've got their fingers in a lot more than frozen chicken legs.... Don't think he is even in the top 10. https://wealthygorilla.com/richest-people-asia/ Link to comment Share on other sites More sharing options...
Emmess Posted February 12, 2019 Share Posted February 12, 2019 The Asia's richest families has him at #4 https://www.forbes.com/asia-families/list/#tab:overall Link to comment Share on other sites More sharing options...
Katipo Posted February 12, 2019 Share Posted February 12, 2019 There'd be a 7/11 at every station. So CP has got that going for then I suppose. Link to comment Share on other sites More sharing options...
TallGuyJohninBKK Posted February 12, 2019 Share Posted February 12, 2019 9 minutes ago, Emmess said: Don't think he is even in the top 10. https://wealthygorilla.com/richest-people-asia/ The normal default source for such things is Forbes magazine and website: https://www.forbes.com/thailand-billionaires/list/ Quote Thailand's 50 Richest The List (2018 ranking) #1 Brothers Chearavanont $30 billion - food Link to comment Share on other sites More sharing options...
TallGuyJohninBKK Posted February 12, 2019 Share Posted February 12, 2019 8 minutes ago, Emmess said: The Asia's richest families has him at #4 https://www.forbes.com/asia-families/list/#tab:overall Thanks! I should have said, the richest in Thailand, and one of the richest in Asia! Link to comment Share on other sites More sharing options...
Emmess Posted February 12, 2019 Share Posted February 12, 2019 1 hour ago, TallGuyJohninBKK said: Dhanin Chearavanont et al, the richest billionaire in Asia... Thought you were talking about "ASIA" mate... Link to comment Share on other sites More sharing options...
humbug Posted February 12, 2019 Share Posted February 12, 2019 the ping an insurance deal with the chinese state has also helped, this taken from 6 years ago cnbc; "CP Group, whose products include feed for chickens and pigs, has a long history in China. Chearavanont - worth $9 billion according to Forbes magazine - also appears to have strong political connections in Beijing. State-run China Development Bank is helping to finance CP Group's Ping An stake acquisition, according to HSBC" https://www.cnbc.com/id/100277689 looks like another chinese state rail contract like the 20 billion dollar malaysia contract. China loves to control over inflated debts through rail and infrastructure Link to comment Share on other sites More sharing options...
Banana7 Posted February 12, 2019 Share Posted February 12, 2019 Government should sue them for billions of baht, and award the contract to next candidate. Show CP who is control here. Link to comment Share on other sites More sharing options...
JAS21 Posted February 12, 2019 Share Posted February 12, 2019 2 hours ago, canopus1969 said: Typical - take the concession away from CP and award it to the next in line - simple ! No ... No ... Mrs J holds a pile of their shares .... great company ... does a lot for Thailsnd ... their chicken breastsbare ok too .. Link to comment Share on other sites More sharing options...
djayz Posted February 12, 2019 Share Posted February 12, 2019 1 hour ago, overherebc said: Fingers in frozen chicken legs? Does that relate to the old question Should chicken be eaten with fingers? only if it's served as "finger food". Link to comment Share on other sites More sharing options...
scorecard Posted February 12, 2019 Share Posted February 12, 2019 2 hours ago, worgeordie said: What are chicken people doing building rail lines in the first place. regards worgeordie Good question - easy answer greed. Link to comment Share on other sites More sharing options...
overherebc Posted February 12, 2019 Share Posted February 12, 2019 33 minutes ago, djayz said: only if it's served as "finger food". Real answer is No, the fingers should be eaten as a 2nd course. ???? Link to comment Share on other sites More sharing options...
klauskunkel Posted February 13, 2019 Share Posted February 13, 2019 Who's got the power? the government has article 44 CP has article 7/11 guess what... Link to comment Share on other sites More sharing options...
bluesofa Posted February 13, 2019 Share Posted February 13, 2019 What are chicken people doing building rail lines in the first place. regards worgeordieIt's a 'chicken run'Sent from my mobile telegraph station in morse code using Thailand Forum - Thaivisa mobile app Link to comment Share on other sites More sharing options...
Bundooman Posted February 13, 2019 Share Posted February 13, 2019 17 hours ago, canopus1969 said: Typical - take the concession away from CP and award it to the next in line - simple ! But, but, but - don't you know who Mr. CP is? Which is most likely the reason for wanting to alter the terms agreed..... (However, I agree entirely with what you are saying). Link to comment Share on other sites More sharing options...
Bundooman Posted February 13, 2019 Share Posted February 13, 2019 17 hours ago, worgeordie said: What are chicken people doing building rail lines in the first place. regards worgeordie Building a 'chicken run'? Link to comment Share on other sites More sharing options...
Srikcir Posted February 13, 2019 Share Posted February 13, 2019 17 hours ago, canopus1969 said: Typical - take the concession away from CP and award it to the next in line - simple ! Not so simple when State-owned China Railway Construction Co ( https://asia.nikkei.com/Companies/China-Railway-Construction-Corp.-Ltd ) joined CP Group consortium together with Italian-Thai Development and CH-Karnchang along with subway line operator Bangkok Expressway and Metro. Highly qualified Japan's Hitachi, French state-owned railway operator SNCF and Germany's Siemens did not bid (maybe because of laws against bribes and collusion?). https://asia.nikkei.com/Business/Business-Deals/China-Railway-joins-CP-Group-to-bid-for-Thai-high-speed-rail Link to comment Share on other sites More sharing options...
Psimbo Posted February 13, 2019 Share Posted February 13, 2019 The tail is definitely wagging the dog. Can you imagine a company in the West dictating to the people who it is bidding for a contract to how it will run things (Edit: Whoops, I forgot 'Lobbyists' in the US! ????). The likes of CP really need their monopolies broken up as they stifle competition. Link to comment Share on other sites More sharing options...
Chrisswe Posted February 13, 2019 Share Posted February 13, 2019 18 hours ago, canopus1969 said: Typical - take the concession away from CP and award it to the next in line - simple ! CP Company the No: 1 Monopol company in Thailand !!! Link to comment Share on other sites More sharing options...
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